New Capital Management operates with a Code of Ethics that all personnel must sign, maintain a copy at their desk, and adhere to. At our firm, this code is read each year in its entirety and updated as needed.
Additionally, professional certifications and associations, such as the CFA Institute, maintain their own Code of Ethics and Standards of Professional Behavior for their members. As a result, New Capital personnel may be subject to multiple Codes of Ethics.
We believe that a Code of Ethics is not just a document, but an active code for governing and enforcing the consistent behavior of our personnel and for helping to assure our clients that we put their interests first.