Investment Process

A fiduciary is a person or organization that is entrusted to act on behalf of another. The primary role of a fiduciary is to conduct a prudent investment management process which includes the selection, monitoring and de-selection of investment managers. The Allodium investment decision-making process is based on the fiduciary best practices outlined in the Prudent Practices for Investment Advisors handbook. This summary of fiduciary best practices for investment advisors was written by fi360® and reviewed by the American Institute of Certified Public Accountants (AICPA).

Fi360 is a vast source of insight and education, and the investment industry's leading advocate of all aspects of fiduciary responsibility. The Center for Fiduciary Studies, founded in 1999, has developed and maintained the Prudent Practices™ that are the foundation upon which fi360 is built, and continues to serve as the standards-setting body for fi360. The Center for Fiduciary Studies offers the Accredited Investment Fiduciary® (AIF®) designation program which provides investment advisors with the training they need to employ the "gold standard" of fiduciary excellence in their business practices.

CEFEX®, Centre for Fiduciary Excellence, LLC, a subsidiary of fi360, is an independent certification organization that works closely with industry experts to provide comprehensive assessment programs to improve the fiduciary practices of investment advisors. CEFEX-certified firms adhere to a standard representing the best practices in their industry. In August of 2016, Allodium became the first investment firm based in Minneapolis to become CEFEX certified for fiduciary excellence.

What are the advantages of working with a CEFEX-certified fiduciary? There are many benefits to clients such as the higher probability of enhanced portfolio outcomes with increased transparency and oversight through documented and disciplined investment processes. In addition, a prudent, well-structured investment process is more likely to incur lower costs, make fewer mistakes, and be less susceptible to market swings. 

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We offer a complimentary "Get Acquainted" meeting with one of our financial advisors to learn about your situation and see if our services are right for you.  

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