The EFAA’s Code of Ethics is a reflection and cornerstone of the work of all financial advisers who are part of our community. It represents first and foremost the financial advisory profession and its associated responsibilities to the public, clients and employers and applies to all who are members of our Association.
All services provided by financial advisors who are members of the Association will be provided in accordance with the following standards of care:
– The best interests of the client are always first and foremost.
– Act with due care and in the utmost good faith.
– Not to mislead clients.
– Provide full and truthful information about all material facts.
– Disclose and fairly resolve all material conflicts of interest.
This Code of Ethics expresses that the financial planning profession recognizes its responsibilities to the public, clients, colleagues and employers. These principles apply to all members of the Association.
CONFIDENTIALITY AND PRIVACY OF INFORMATION
The Association is committed to protecting all records of its members. The Association will not disclose personally identifiable information to a third party without the written consent of the member. This access is limited and is for internal purposes only. Written consent for all other third parties must specify the records to be disclosed, the purpose of the disclosure, identify the party or group to whom the disclosure may be made, and include the student’s signature and date.
INNOVATION
It is the goal of the Association to be innovative in the delivery of each educational program and to continually push our members further. This is why we embrace the latest practices and technologies available in our activities, as well as keep our members up to date with the latest theories, trends and practices in the financial advisory field.
CULTURE
The Association’s goal is to foster a culture that creates a safe and welcoming environment for all members of the community, including but not limited to internal staff, Board members, individual financial advisors, as well as partner institutions and their employees.
In particular, all members of the Association are expected to:
– They will maintain a positive, proactive and non-judgmental attitude towards different identities,
– Demonstrate the ability to deal conceptually and professionally with all members of the community in a culturally competent manner;
– They will show respect, appreciation and adaptability to the different cultures and nationalities with which they come into contact;
DIVERSITY
We strive to promote international and cultural diversity within our community, not only through the broad perspective of the individual members who are part of the association, but also from board members and all internal staff. Therefore, even the board members come from different backgrounds and interact with each other, which offers a diverse perspective on the world and individual members of the association are consequently better placed not only nationally but especially internationally.