Riverbend Announces Compliance with Global Investment Performance Standards (GIPS®)

Riverbend is pleased to announce that it has attained verification with Global Investment Performance Standards (GIPS®) across its discretionary separately managed account practice and has been independently verified by The Spaulding Group for the period January 1, 2017 through December 31, 2023.

The GIPS Standards, globally recognized as the standard for industry best practice for investment performance reporting and presentation, represents a set of standardized ethical guidelines that aim to provide transparency and comparability in investment performance reporting. Of the more than 15,500 SEC-registered investment advisers, less than 10% claim GIPS compliance as of September 2023, according to the CFA Institute.

"Compliance with GIPS globally recognized standards can provide a level of assurance that Riverbend's performance reporting adheres to the highest standards of accuracy, consistency, and transparency. The verification process was rigorous and we are pleased with our commitment to completing it," said Tom Hession, Managing Partner & Founder.

GIPS verification involves an in-depth independent review of a firm's policies, procedures, controls, and investment results data. By meeting the verification requirements, firms reinforce their commitment to ethics, transparency, and integrity in reporting investment performance to clients.

For more information, please contact Charlie Raftery at +1 312-948-5100 or charlie@riverbendcapitaladvisors.com.

GIPS® is a registered trademark owned by CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.