ACcer Financial and Roland|Criss Introduce Fiduciary Standards in India

The fiduciary standard used by CEFEX to certify investment advisors is on the verge of making its presence felt in India through the combined efforts of ACcer Financial Advisory Services Ltd ("AFASL") and Roland|Criss.

AFASL is India's only fee based wealth management and investment advisory services company, in the organised sector, which is publicly held. Roland|Criss, a U.S. based certification and rating audit firm, is the global leader in certification audits for CEFEX. Roland|Criss has enabled successful CEFEX certifications of investment advisory and money management firms all over the U.S., in Canada, Australia, and New Zealand. Roland|Criss also conducts certification audits of firms that perform recordkeeping services for pension plans in the U.S.

AFASL is introducing fee based financial advisory services in India under extreme challenges. It has been moving forward steadily, taking one giant leap after another, surpassing resistance to change and breaking traditions with innovative products and service packages.

Periods of financial chaos prove that when standards are absent, the people that rely on others for financial safety suffer, as it happened in India also in recent times. AFASL is primarily focused on making safer the assets of investors by improving the competency of the managers of the assets. This exclusive partnership in India between Roland|Criss and AFASL has all the potential to introduce and popularize the fiduciary standards against which CEFEX's certifications are determined. In the coming days, it is also expected that this initiative in India will result in more and more individual advisors and firms seeking certification from CEFEX marking the beginning of a new era in the financial services industry of India.