West Sussex-based high net worth specialist Financial Planning firm Servo Private Wealth has been awarded CISI Chartered Firm status.

City-based professional body the CISI is also the body which awards the Certified Financial Planner designation in the UK.

Servo Private Wealth specialises in working with high net worth business owners and their families across the UK.

There are currently just 20 CISI Chartered Firms across the UK.

Criteria for achieving CISI Chartered Firm status include that a firm should have regulatory recognition, at least 50% of staff in their core area must be individually chartered with CISI, a CISI qualification and CPD programme should be in place and the firm’s purpose and values must align with the CISI Code of Conduct.

James Mallinson CFP Chartered FCSI, CEO of Servo Private Wealth, said: “We are thrilled to have achieved CISI Chartered Firm status. This recognition underscores our commitment to being among the best in the industry and delivering the highest standards of service to our clients nationwide. We invest in our staff’s development and foster long-lasting relationships built on trust and integrity, which this achievement reinforces.”

The City of London-based CISI says it has 52,000 members, including students, in 100 countries around the world.

Kevin Moore Chartered FCSI, executive director membership at the CISI, said: “This accreditation shows commitment to the highest standards of professionalism, integrity and ethics. It also demonstrates dedication to lifelong learning, continuing professional development and ensuring that the consumer is ultimately central to the firm’s objectives and outcomes”