Bringing Transparency and Accountability to the Financial Industry
The Global financial industry has been marred by mismanagement, conflicts of interest, and an unhealthy focus on profits over ethical risk-return parameters. In order to create a more stable and trustworthy financial system, it is crucial that transparency and accountability are prioritized in order to correct the deep-rooted problems plaguing the industry.
One way to achieve this is by separating investment decisions from financial control. Investment decisions should be made by specialized investment professionals, while financial control should be overseen by dedicated financial control specialists. This division of responsibilities can help to prevent conflicts of interest and ensure that the best interests of clients are at the forefront of all decision-making processes.
PWFO supports its members by providing training courses, tools, and strategies to practice as Independent Financial Controllers of Wealth (IFCW) for private clients and families. IFCWs are committed to delivering Swiss Standard Services focused on creating, protecting, and growing wealth for private clients and their families. By working with an IFCW, clients can be confident that their investment management process is transparent, efficient, and effective, with their interests being protected at all times.
An Independent Financial Control of Wealth (IFCW) service offers numerous benefits, such as monitoring, reporting, cost management, due diligence on investment managers, and independent certification of risk return perfomance of investment & portfolios.
This valuable service ensures that private clients and families receive the highest level of financial control, transparency, and accountability.
For more information about how PWFO can help you become an Independent Financial Controller of Wealth (IFCW) or to learn more about our services, please contact us at [email protected].