The Pittsburgh-based Centre for Fiduciary Excellence will use the RiXtrema 401kFiduciaryOptimizer in its certification assessments.

The 401kFiduciaryOptimizer report, from New York-based quantitative research and development company RiXtrema, provides information on an advisor’s implementation of diversification, risk management, pricing and share class selection within portfolios.

RiXtrema’s tool will help the Centre to provide evidence of an advisor’s adherence to the fiduciary standard as described in its handbook Prudent Practices for Investment Advisors.

The Centre for Fidicuary Excellence, or CEFEX, is a independent certification organization and subsidiary of fi360, home of the Accredited Investment Fiduciary (AIF) and Accredited Investment Fiduciary Analyst (AIFA) designations.