Two Financial Planning firms, Stalworth Wealth and Ifamax Wealth Management, have gained CISI Accredited Financial Planning Firm (AFPF) status.
The two new firms boost the total number of AFPF firms to 53.
Chartered Firm accreditation highlights that the firm is operating at the highest level of professionalism in Financial Planning, the CISI said.
Ashton Chritchlow CFP Chartered FCSI Chartered Wealth Manager and managing director of Ifamax Wealth Management said: “Achieving CISI accreditation is a significant milestone for Ifamax Wealth Management. Following our recent management buyout, this recognition reflects our commitment to holistic, high-standard financial planning, strong ethical practices, and joining a community dedicated to excellence.”
In order to become accredited, firms must meet ‘rigorous criteria’ set by the CISI. Those who achieve the status have all demonstrated a commitment to excellence in providing a comprehensive, holistic financial planning service and fostering high ethical standards by having policies in place that align with the CISI’s Code of Conduct.
Chris Morris Chartered MCSI, CISI head of financial planning, policy and engagement, said: “We are delighted to welcome Stalworth Wealth and Ifamax Wealth Management as newly Accredited Financial Planning Firms. Each has shown a strong dedication to client-focused advice, delivered by Certified Financial Planner professionals.”
The CISI runs an annual event for CISI accredited Financial Planning firms, which this year will be held on 12 May in London.
The CISI, which awards the Certified Financial Planner qualification in the UK among other qualifications, is based in the City of London and has offices in financial centres such as Colombo, Dubai, Sydney, Dublin, Glasgow, London, Mumbai and Nairobi. It has 57,000 members in over 100 countries.