Adherence to a global standard of fiduciary excellence officially marks a commitment to acting in the best interest of investors
ORANGE, Calif. – After undergoing a thorough and independent assessment of investment management processes, investment strategy implementation, and other fiduciary practices, Daniel S. Romero, CFP® today announced formal achievement of Centre for Fiduciary Excellence (CEFEX®) certification from Broadridge. This makes Romero Wealth Management part of the elite group of nearly 250 firms from around the world to successfully complete the independent certification process.
Part of the rigorous evidence-based assessment included successfully demonstrating adherence to documented and legally substantiated best practice fiduciary standards. The annually renewed certification signifies an ongoing commitment to providing consistent objective advice that’s in a client’s best interest – both at the institutional and individual levels.
“Achieving CEFEX certification affirms our uncompromising commitment to acting in our clients’ best interests. The independent assessment validates that our advice is objective, our processes are repeatable, and our fiduciary oversight meets a globally recognized standard,” said Daniel S. Romero, CFP®.
The CEFEX certification program is based on the International Standards Organization (ISO) 19011: Guidelines for auditing management systems. The standard, “Prudent Practices for Investment Advisors” 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 (UP
MIFA) and the Model Management of Public Employee Retirement Systems Act (MMPERSA) in the U.S.
According to the Vice President, Centre for Fiduciary Excellence, Carlos Panksep, “Through CEFEX’s independent assessment, the certification provides assurance to investors, that Romero Wealth Management has demonstrated adherence to the industry’s best fiduciary practices. This indicates the firm’s interests are aligned with investors.”
Romero Wealth Management is specifically certified for ERISA DB & DC plans. Official registration for Romero Wealth Management can be seen here and the Independent Assessment Report can be viewed here. To learn more about CEFEX certification visit cefex.org.
About Romero Wealth Management
Romero Wealth Management is an independent advisory firm dedicated to delivering evidence-based investment strategies, fiduciary oversight, and comprehensive wealth planning for individuals, families, and institutions. Since 1998, we have helped clients navigate complex financial landscapes with a commitment to transparency and best practices.
Recognized by Forbes as a Best-In-State Wealth Advisor from 2018 through 2025 and honored as a member of the LPL Financial Chairman’s Club for ten consecutive years (2015–2025)—placing us among the top 5% of LPL advisors nationwide—our firm combines deep expertise with personalized service. With access to industry-leading tools and resources, we provide retirement plan consulting, investment management, and financial planning designed to align portfolios with client goals.
Romero Wealth Management is part of a network managing over $500 billion in assets under management (AUM) through LPL Financial, one of the nation’s largest independent broker-dealers. Our mission is simple: to help clients achieve financial confidence through prudent, objective advice and a disciplined process.
About Broadridge
Broadridge Financial Solutions, a global Fintech leader with over $6 billion in revenues, provides the critical infrastructure that powers investing, corporate governance, and communications to enable better financial lives. We deliver technology-driven solutions that drive business transformation for banks, broker-dealers, asset and wealth managers and public companies. Broadridge’s infrastructure serves as a global communications hub enabling corporate governance by linking thousands of public companies and mutual funds to tens of millions of individual and institutional investors around the world. Our technology and operations platforms underpin the daily trading of more than $10 trillion of equities, fixed income and other securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries. For more information please visit broadridge.com.
