Hardy Reed, LLC Awarded CEFEX Certification

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TUPELO, Miss., Oct. 25, 2012 (GLOBE NEWSWIRE) -- Hardy Reed, one of the nation's fastest growing wealth management and retirement plan services firms(1) has once again been recognized by the Centre for Fiduciary Excellence (CEFEX) for Investment Advisor Certification. This is the second consecutive year Hardy Reed has received the certification. Hardy Reed's accomplishment is published in the directory of Registered Firms on the CEFEX website: www.cefex.org/registeredcompanies.aspx. According to the General Manager of the Centre for Fiduciary Excellence, Carlos Panksep, "Through CEFEX's independent assessment, the certification provides assurance to investors, both institutional and individual, that Hardy Reed has demonstrated adherence to the industry's best fiduciary practices. This indicates that Hardy Reed's interests are aligned with those of investors."

"We are pleased to announce the renewal of our Centre for Fiduciary Excellence (CEFEX) Certification," said John Hardy, President of Hardy Reed. "This preeminent certification underscores our commitment to providing clients and prospective clients with independent objective fiduciary guidance. The CEFEX certification signifies our adherence to fiduciary best practices as investment advisors counseling affluent individuals and families as well as leading those who oversee retirement plans or trusts. At Hardy Reed, we are committed to a disciplined investment process for our clients."

Hardy Reed received the CEFEX certification as an Investment Advisor for its services to High Net Worth Individuals, Personal Trusts, Foundations, ERISA Defined Benefit & Defined Contribution plans, 403(b) plans, and Non-qualified plans.

The Centre for Fiduciary Excellence (CEFEX) fiduciary assessment of Hardy Reed was to determine whether Hardy Reed's practices in providing investment advice to clients conform generally to the fiduciary standards of excellence (referred to as the Fiduciary Practices) as defined by the Prudent Practices for Investment Advisors (U.S. Edition) handbook as published by Fiduciary360. CEFEX's assessment process is based on ISO 19011 and is conducted in accordance with ISO 17021.

About Hardy Reed

Hardy Reed, LLC is an independent investment advisor, fiduciary consulting, and retirement plan services firm providing - Objective Fiduciary Guidance. The firm is a SEC registered investment advisor (RIA) with clients throughout the United States. Hardy Reed was recently recognized as the 24th Fastest Growing RIA in the U.S. by Financial Advisor Magazine. Its team of professionals provides objective investment advisory guidance, fiduciary consulting, and retirement plan services to high net-worth individuals and their families, institutions such as endowments and foundations, and retirement plans.

For more information on Hardy Reed, please visit www.hardyreed.com.


CEFEX, Centre for Fiduciary Excellence, LLC is an independent certification organization. CEFEX works closely with industry experts to provide comprehensive assessment programs to improve the fiduciary practices of investment stewards, advisors, record-keepers, administrators, and managers. CEFEX has offices in Toronto, Canada, and Pittsburgh, PA.

For more information on CEFEX, please visit www.cefex.org.

The Hardy Reed, LLC logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=13668

(1) Hardy Reed was recognized as the 24th Fastest Growing RIA in the U.S. by Financial Advisor magazine in July 2012. Financial Advisor magazine's 2012 RIA ranking is based on voluntary responses from 514 Registered Investment Advisors who completed an online survey. The ranking was based on assets under management as of December 31, 2011.

CONTACT: Ken Mathis T: (662) 823-4722 E: kmathis@hardyreed.com

Source:Hardy Reed, LLC