Skip to main content
Enter search terms below…

Member News

Quartz Partners Investment Management Receives Fiduciary Excellence Certification



CEFEX, the Centre for Fiduciary Excellence, has certified, Quartz Partners Investment Management in Troy, NY to the standard described in the handbook “Prudent Practices® for Investment Advisors”. Founded in 2015, Quartz Partners Investment Management (Quartz Partners) joins the elite group of Investment Advisors (1 of only 3 in NYS) to successfully complete the ISO 19011 independent certification process. 

The standard describes how an Investment Advisor assumes the responsibility for managing a client’s overall investment management process, which includes the selection, monitoring and de-selection of investment managers, as well as developing processes to implement investment strategies and fiduciary practices on an ongoing basis.  According to the General Manager of the Centre for Fiduciary Excellence, Carlos Panksep, “Through CEFEX’s independent assessment, the certification provides assurance to foundations and other institutions, that Quartz Partners has demonstrated adherence to the industry’s best fiduciary practices. This indicates the firm’s interests are aligned with those of stakeholders.”

Quartz Partners Investment Management is certified in pension consulting services as an ERISA 3(38) investment manager. Quartz Partners is registered at www.cefex.org, where its certificate can also be viewed.

The standard is substantiated by legislation, case law and regulatory opinion letters from the Employee Retirement Income Security Act (ERISA), the Investment Advisers Act of 1940, the Uniform Prudent Investor Act (UPIA), the Uniform Prudent Management of Institutional Funds Act (UPMIFA) and the Uniform Management of Public Employee Retirement Systems Act (UMPERSA) in the U.S. 

A full copy of the standard can be downloaded from CEFEX at www.cefex.org and a summary can be viewed by clicking on Quartz Partners on-line CEFEX certificate.  More information about Quartz Partners Investment Management is available at  www.quartzpartners.com.

 

About Quartz Partners Investment Management:

Founded in 2015, Quartz Partners is a U.S. Securities and Exchange Commission registered investment adviser. Quartz Partners is a CEFEX certified ERISA 3(38) Investment Fiduciary providing comprehensive retirement plans to organizations throughout the United States. Quartz Partners cost efficient retirement plan solutions empower greater operational flexibility and transform the way forward-thinking organizations manage their retirement plan. Quartz Partners is employee owned and based in Troy, NY. Connect to Quartz Partners via TwitterFacebook or LinkedIn. 

Mayor Patrick Madden announced the City of Troy is moving forward with the demolition of the former Leonard Hospital building in north Troy. The city is seeking qualified contractors to remove the abandoned medical facility – located at 74 New Turnpike Road in the Collar City’s historic Lansingburgh neighborhood – by October 1, 2019.   Mayor…
Hudson Valley Community College and the Capital Region Workforce Development Board have teamed up with social services organization Northern Rivers Family of Services to offer a new “Learn Where You Earn” program to give employees a chance to further their education right where they work. Starting this summer, Hudson Valley will begin offering…
PLANADVISER has named HANYS Benefit Services as one of its 2019 Top 100 Retirement Plan Advisers. PLANADVISER’s Top 100 Retirement Plan Advisers is an annual list of the retirement plan advisers and adviser teams at the top of their respective peer groups in terms of assets under advisement or number of retirement plan clients—including sponsors…
May
09
Market, develop & connect at our must-attend event of the year! The Annual Dinner {with a twist} & Business Expo is the Chamber’s premier event of…
5:30 p.m. Networking & Expo Booths
May
22
Get connected, develop leads and build relationships at our one-of-a-kind, fast-paced networking event! These luncheons are a purposeful and effective way…
11:30 a.m. Check-In & Lunch; 12-1:15 p.m. Networking
May
23
A four week training series is designed for certified and pending certification MWBE business. Learn how to adapt your business model and cash flow…
7:30 a.m. Check-in & Networking; 8-9 a.m. Program Training