Our Ethics

The Prosperity Wealth Management team is committed to conducting business in an ethical manner, recognizing the corporate and personal responsibility we owe to our clients, our employees, our community, and our profession.

This code has been developed to provide guidance to our staff on the minimum ethical standards we will accept within our business.   The principles are not rules but a statement of general principles that will guide our decision-making process when confronted with difficult choices.

All staff will apply these principles in our everyday business activities and conduct.  By doing so, we will be confident that we can exceed client expectations, meet our commitments, and enhance our reputation. 

We aim to engender a culture and a working environment where our employees are proud of the work we do, and the impact we have on our clients' lives.

WE WILL always conduct ourselves with the following uppermost in our minds:

Trustworthiness

We will demonstrate, realise and promote the value of trustworthiness and act in good faith in our relationships with all people.

Competence

We will act to demonstrate, realise, and promote the value of competence by committing to developing and maintaining the knowledge, skills, and expertise required to discharge our professional obligations. We are committed to continual professional development.

Honesty

We will act to demonstrate and promote the value of honesty and conduct ourselves with integrity in all our professional dealings. We will be honest, transparent and upfront with each client even when this may cause personal detriment to us or our business.

Fairness

We will act to demonstrate and promote the value of fairness by having professional objectivity to the tasks of engaging each client professionally and when recommending financial products and professional services.

Diligence

We will Act to demonstrate, realise and promote the value of diligence by ensuring we perform all professional engagements with due care and skill.  We will manage our time and resources to deliver professional services promptly, efficiently and cost-effectively to each client.

In 2020, The government introduced the Financial Adviser Standards and Ethics Authority (FASEA) Code of Ethics. This Code of Ethics is compulsory for financial advisers and seeks to impose ethical duties that go above the requirements of the law. It is designed to encourage and embed higher standards of behaviour and professionalism in the financial advice industry. As a result, although the values above are closely aligned with the new code of ethics, we are bound by, and strongly adhere to, the FASEA Code of Ethics Effective 1st Jan 2020.

In all circumstances above, the FASEA Code of Ethics takes precedence.