Ethos is Actuating an Industry Movement
At Ethos, not only are we committed to the financial health of our clients, but to the advancement of the industry. With this in mind, Ethos lead by example to set a higher standards for financial professionals. It is not only long overdue, it is an obligation to investors and the industry.
In late 2013, the founder of Ethos Private Wealth, Matthew Lapides, began an ambitious initiative and established an advisory Board composed of the top executives from Fidelity, Pershing/BNY Mellon, TD Ameritrade, and LPL Financial. Through a collective effort, the first “CEO Summit” was held in New York City in January 2014 and hosted by Lapides to have a candid conversation about how we can collectively advance the industry in a fashion that no single firm is able to accomplish unilaterally.
The result was the formation of a Board of Standards built on the framework developed by several advisory boards. The intent is have advisors aspire to achieve greater professionalism, provide value to their local communities and help restore confidence in financial services. The starting point was the creation of specific criteria that defines a Top Adviser, those traits that define the community of excellence.
What we are doing here, can make a real difference for investors seeking the most qualified advisors in their own geographies.