In order to maintain the highest level of professionalism and ensure that the performance statistics that we provide are accurate and based on the principles of fair representation and full disclosure, we have decided to invest significant resources to become and maintain GIPS® compliance.
As you compare our firm to others, we encourage you to determine if other money managers or financial planners/advisers are GIPS compliant and if they are verified by an independent third party. GIPS is the globally recognized standard for investment professionals to present their past performance to prospective clients, and compliance with these standards is considered “best practice.” GIPS is a set of ethical principles that promote full disclosure. We made the investment, not only to become compliant, but also to be verified by an independent third party.
GIPS Compliance
The current GIPS standards are administered by CFA Institute and are supported by local sponsors in over 34 countries in North America, Europe, Africa, and the Asia-Pacific region. GIPS is maintained and updated by a nine-member Executive Committee representing key industry and geographic constituents. The standards are widely viewed as being best practice in the global investment management industry. The underlying basic principles of GIPS are full disclosure, fair representation of performance and a strict adherence to the highest ethical principles.
Firms that comply with GIPS standards must do so on a firm-wide basis and must meet strict guidelines for reporting and advertising performance data, including the creation, maintenance and operation of composite portfolios, returns calculation methodology, performance details and required disclosures. Firms claiming compliance with GIPS may voluntarily choose to have this claim verified through examination by an independent third-party verifier. Fischer Financial Services claims compliance with the Global Investment Performance Standards (GIPS) and has been verified for the periods January 1, 1993 through December 31, 2023. To obtain a compliant presentation or a copy of the verification report, please contact Fischer Financial Services at (717) 233-8901.
Past performance is no guarantee of future results. All investing involves risk, including the potential for loss of principal. Please see our full performance presentation for more details.