Fiduciary Responsibility

At Capital Strategies, we take fiduciary responsibility for the investment recommendations we make with every client we serve. As a Registered Investment Adviser, we are legally required to make investment recommendations that are solely in our clients’ best interests. We apply this standard to every action and recommendation.

Fiduciary Standards

As Accredited Investment Fiduciaries, we adhere to the fiduciary best practices established by The Center for Fiduciary Studies:

  • Know standards, laws and trust provisions.
  • Diversify assets to specific risk/return profile of client.
  • Prepare an investment policy statement.
  • Use “prudent experts” and document due diligence.
  • Control and account for investment expenses.
  • Monitor the activities of “prudent experts”.
  • Avoid conflicts of interest and prohibited transactions.

We fully integrate these precepts into our processes and documentation and present them in a thorough and coherent manner that our clients easily understand.

Fiduciary Training

We also take every opportunity to deliver comprehensive fiduciary education both in our ongoing client interactions and in specific trainings on key topics. And as new members rotate onto your Investment Committee, we conduct a new member training and orientation to help them fulfill their fiduciary duties in their new role.

RETAINING A FIDUCIARY ADVISER?

The SEC suggests a plan fiduciary asks certain questions when evaluating and in advance of retaining an investment adviser.
What’s the difference between a 3(21) and a 3(38) adviser, and which do we need?
  • Capital Strategies can act as either a 3(21) or a 3(38) fiduciary.  To learn some of the key differences and how to decide what is the best for you and your organization, click here.