Bronfman Rothschild Receives CEFEX Certification for Fourth Consecutive Year

Why Work with a Cefex-certified Advisor

Madison, WI and Rockville, MD, January 23, 2019 — Bronfman Rothschild today announced that, for the fourth consecutive year, the Centre for Fiduciary Excellence (CEFEX) has certified the firm’s Plan Advisor team to its fiduciary standards of excellence. Bronfman Rothschild Plan Advisors, which oversees $2.2 billion of Bronfman Rothschild’s $6.5 billion* in assets under management, is part of a select group of firms that has completed this rigorous, independent certification process. There are only five CEFEX certified investment advisors in the state of Wisconsin and only four in the Washington, D.C. metropolitan area.

According to CEFEX, its standard describes how an investment advisor assumes responsibility for managing a client’s overall investment management process, which includes the selection, monitoring and replacement of investment managers, as well as developing a process to implement investment strategies and fiduciary practices on an ongoing basis.

“Holding our firm and advisors to the highest fiduciary standards is nothing new to Bronfman Rothschild,” said Michael LaMena, Bronfman Rothschild President and COO. “The CEFEX standard reflects our longstanding commitment to putting clients’ interests first and we’re encouraged to see more firms doing the same through the reported increase in this year’s CEFEX certifications.”

CEFEX reported its biggest year of growth to date in terms of new certifications. The CEFEX standard is based on legislation, case law and regulatory opinion letters applying the Employee Retirement Income Security Act (ERISA) and the Investment Advisers Act of 1940, among others. A full copy of the standard can be found at www.cefex.org.

About Bronfman Rothschild

Based in Rockville, Maryland, Bronfman Rothschild grows and preserves wealth through thoughtful and disciplined strategies that focus on what’s most important to each client. With ten offices throughout the Midwest and East Coast, we offer comprehensive wealth management and planning to individuals and families as well as retirement advisory and consulting services to retirement plan sponsors. Our in-house research capabilities and the collective expertise of our team are supported by our collaborative, client-focused culture. Our 95+ employees adhere to a high standard of fiduciary care as we seek to form a true and objective partnership with each client we serve.

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*As of 9/30/18
Bronfman E.L. Rothschild, LP is a registered investment advisor (dba Bronfman Rothschild) and NFP Corp. subsidiary. Securities, when offered, are offered through an affiliate, Bronfman E.L. Rothschild Capital, LLC (dba BELR Capital, LLC), member FINRA/SIPC.
CEFEX assessment process is based on the international standard, ISO 19011: Guideline for quality management system auditing. The assessment is evidence-based, and all work is reviewed by the CEFEX Registration Committee to ensure impartiality and consistency. The assessment typically includes document review, client file sampling, on-site visits and interviews with senior representatives at the firm. The assessment is conducted by CEFEX Analysts who must hold the Accredited Investment Fiduciary Analyst ® designation and a minimum of the ASPPA 401(k) Administrator (QKA) designation for ASPPA certifications. CEFEX Analysts maintain annual assessment training. For more on this assessment process, visit www.cefex.org.