Birmingham-headquartered investment manager EFG Harris Allday has been awarded CISI Chartered Firm status.

EFG Harris Allday is the investment management arm of EFG Private Bank Limited and has three further regional offices in the UK.

It provides investment solutions for clients, families, trusts and charities.

Richard Killingbeck, managing director of EFG Harris Allday, said the firm’s achievement of Chartered status demonstrates the success of its long term relationships.

He said: “We are delighted to have been assigned CISI Chartered Firm status. We pride ourselves on the long-term relationships we have built with our clients, established through our high levels of service and successes in helping our clients' to achieve their financial goals.”

Chartered firm status is awarded by professional body the Chartered Institute for Securities & Investment and is designed to show that a firm is operating at the highest levels of trustworthiness and professionalism.

The criteria for achieving CISI Chartered Firm status include that a firm should have regulatory recognition, at least 50% of staff in its core area must be individually Chartered with the CISI, a CISI qualifications and CPD programme should be in place and the firm’s purpose and values must align with the CISI Code of Conduct.

The CISI also awards the Certified Financial Planner designation.

Tracy Vegro, chief executive of the CISI, said: “With their proven commitment to the highest standards of professionalism, integrity and ethics, we are delighted to welcome EFG Harris Allday as a CISI Chartered Firm.

“This gold-standard achievement demonstrates that the consumer is central to their firm’s focus, underpinned by a dedication to lifelong learning and continuing professional development.”