Broker Check

Fiduciary Oath and Code of Ethics

Belmont Financial supports the National Association of Personal Financial Advisor’s concept of a financial planner as a fiduciary for our clients. Therefore we have signed the following oath:

"The advisor shall exercise his best efforts to act in good faith and in the best interests of the client. The advisor shall provide written disclosure to the client prior to the engagement of the advisor, and therefore throughout the term of the engagement, of any conflicts of interest which will or reasonably may compromise the impartiality or independence of the advisor. The advisor, or any party, in which the advisor has a financial interest, does not receive any compensation or other remuneration that is contingent on any client’s purchase or sale of a financial product. The advisor does not receive a fee or other compensation from another party based on the referral of a client or the client’s business."

In addition to the Fiduciary Oath, Belmont Financial abides by the CFP® Code of Ethics and Professional Responsibility.

1. Integrity - A CFP® designee shall offer and provide professional services with integrity.

2. Objectivity - A CFP® designee shall be objective in providing professional services to clients.

3. Competence - A CFP® designee shall provide services to clients competently and maintain the necessary knowledge and skill to continue to do so in those areas in which the designee is engaged.

4. Fairness - A CFP® designee shall perform professional services in a matter that is fair and reasonable to clients, principals, partners and employers and shall disclose conflict(s) of interest(s) in providing such services.

5. Confidentiality - A CFP® designee shall not disclose any confidential client information without the specific consent of the client unless in response to proper legal process, to defend against charges of wrongdoing by the CFPTM designee or in connection with a civil dispute between the CFP® designee and the client.

6. Professionalism - A CFP® designee’s conduct in all matters shall reflect credit upon the profession.

7. Diligence - A CFP® designee shall act diligently in providing professional services.

Belmont Financial supports this ethics statement and has signed the Code of Ethics and Professional Responsibility stipulated by the Certified Financial Planner Board of Standards.

foundation of success.