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Analysts for Westport possess solid backgrounds and credentials in the financial and accounting industry. Each analyst is a CFA charterholder (**or a candidate in the CFA program, having passed at least the first level of examinations), a member of the Association for Investment Management and Research (AIMR) and local analyst societies. As such, it is their responsibility to adhere to the Standards of Professional Conduct which includes Standard IV (A.3)-Independence and Objectivity.
This standard states that AIMR members and CFA charterholders and candidates must "maintain independence and objectivity so that their clients will have the benefit of their work and opinions unaffected by any potential conflict of interest or other circumstance adversely affecting their judgment." It further explains "Members and their firms should establish policies stating that every research report…reflects the unbiased opinion of the analyst. Firms should also design compensation systems that protect the integrity of the investment decision process by maintaining the independence and objectivity of analysts."
In order to ensure compliance with the above standard and the issuance of independent and objective analyses, professional, credentialed analysts are paid fully in advance for their initial reports by Westport Strategic Partners. Analysts are under contract to Westport Strategic Partners to provide their reports solely for the benefit of the public. All reports are solely the product of the analyst, and Westport Strategic Partners acts only as a facilitator. After the reports are completed, Westport publishes and distributes them as a service to the analyst and the public. In addition, Westport Strategic Partners, their employees, and contracted analysts are strictly prohibited from buying, selling, or trading these securities during the term of the contract.
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