Maintaining the highest ethical standards has been our guiding principle since the founding of PacWest Financial Management in April of 1997. We abide by the Code of Ethics and The Standards of Professional Conduct established by the Chartered Financial Analyst (CFA) Institute. Over half of our professional staff is a member of this institute.
The CFA Institute Code of Ethics
Members of CFA Institute (including Chartered Financial Analyst® [CFA®] charterholders) and candidates for the CFA designation (“members and candidates”) must:
- Act with integrity, competence, diligence, respect, and in an ethical manner with the public, clients, prospective clients, employers, employees, colleagues in the investment profession, and other participants in the global capital markets.
- Place the integrity of the investment profession and the interests of clients above their own personal interests.
- Use reasonable care and exercise independent professional judgment when conducting investment analysis, making investment recommendations, taking investment actions, and engaging in other professional activities.
- Practice and encourage others to practice in a professional and ethical manner that will reflect credit on themselves and the profession.
- Promote the integrity of, and uphold the rules governing, capital markets.
- Maintain and improve their professional competence and strive to maintain and improve the competence of other investment professionals.
Standard III: Duties to Clients
Members and Candidates have a duty of loyalty to their clients and must act with reasonable care and exercise prudent judgment. Members and Candidates must
act for the benefit of their clients and place their clients’ interests before their employer’s or their own interests. In relationships with clients, Members and Candidates must determine applicable fiduciary duty and must comply with such duty to persons and
interests to whom it is owed.
Copyright © 2010, CFA Institute, Reproduced with permission from CFA Institute. All rights reserved.
