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The benefit of having a CEFEX adviser

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By startdig Wealth Planning

Do you have  CEFEX adviser? More often than not their adviser is a referral from a friend or perhaps a family acquaintance and these referrals work because they often come from someone you trust.

But does that mean that you can automatically trust the adviser? This is a common problem for many investors and wealth management clients.

CEFEX advisers are audited to the industry’s best practice standard by expert analysts. That’s something an investor can take comfort in.

Most individual investors don’t have the time or expertise to perform detailed due diligence on investment advisers and certainly not on an annual basis. This is why employing a CEFEX adviser is beneficial.

So, what about performance? It would be naive to select and monitor an adviser solely based on performance.

While this is extremely important and surely a consistent poor performer should be fired but it can be a fool’s game.

Why is that? Because there will always be another portfolio that outperforms yours in any given year.

The real questions are, ‘does my adviser have a documented process which adheres to the industry’s best practices?’

‘Is my adviser being the best professional that he or she can be, and who’s verifying this for me?’

That’s what a certified CEFEX advisery firm delivers to individuals.

The information provided on this site is of a general nature only and may not be relevant to your particular circumstances. The circumstances of each investor are different and you should seek advice from a financial planner who can consider if these strategies and products are right for you.

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