Fiduciary Responsibility
When you entrust your financial assets to Counsel Trust Company and ECA Investment Group to hold, manage, and distribute in accordance with your wishes, rest assured that we understand our roles as fiduciaries. In accordance with the law we are held to the highest standards of loyalty, integrity, ethics, and accountability in all that we do for you.
- We are fully aware of the standards, laws, and regulations that guide sound fiduciary practices.
- We develop a detailed risk/return profile for each client and objectively manage the portfolio to that plan, monitoring the results and adjusting as appropriate.
- We adhere to sound diversification standards embodied in the “prudent experts” provisions of the law.
- We are vigilant in selecting, monitoring, and evaluating the independent investment managers and institutional funds (ETFs), used in our portfolio management.
- We use SEI Corporation, the leading trust accounting system provider, to control all accounting and custodial activities.
- We seek to avoid conflicts of interest and would promptly report any that may be deemed even a perceived conflict.
- Finally, we are subject to ongoing regulatory oversight by the Pennsylvania Department of Banking and the Securities Exchange Commission.
- We not only comply with the laws, we pursue the best interests of our clients every day, in all that we do.