Innovators in fiduciary governance

“Let our simplicity solve your complexity”


We believe that directors, trustees, and their advisers have a moral and ethical obligation as stewards  and advisers of the funds entrusted to them to act solely in the financial interest of their constituents. We believe that fiduciaries also have a duty to maintain privacy of their information in order to:

  • Protect the confidentiality of data
  • Preserve the integrity of data
  • Promote the availability of data for authorized use

We focus on empowering attorneys, accountants, trustees, and others with the knowledge and the skills to ask the right questions and seek the best answers.

The issues which face fiduciaries include:

  • Are we selecting  the right advisors?
  • Do we have a means to monitor and document the process on an ongoing basis?
  • Can we demonstrate conformance with best practices?
  • Are we secure from any type of cyber attack?

Using the global best practices found in the Global Fiduciary Standard of Excellence, our Diogenes Fiduciary Compliance System (DFCS™) gathers all required fiduciary documents into one place as required under ERISA (retirement accounts) and UPMIFA (nonprofits and associations).

We streamline the job of collecting and managing necessary information to mitigate risk and operating expenses, improve outcomes, and attract talented staff. Advisors and their clients can sleep at night knowing that their process for managing and administering their assets meets global best practices.


What is the value added?

On May 18th, 2015, the US Supreme Court in Tibble v. Edison (Docket 13-550) ruled unanimously that fiduciaries have a “continuing duty to monitor investments”. Using our Diogenes Fiduciary Compliance System™(DFCS™), clients fulfill that duty resulting in reduced fiduciary risk, improve outcomes, and reduced costs. Board members can sleep at night knowing that their organization’s fiduciary process meets the highest level of the Global Fiduciary Standard of Excellence.

Sophisticated service

Donald Brown, the former Senior Vice President , Chief Operations Officer and Chief Financial Officer, American Association of Community Colleges, said about Co-founder Bob Patterson:

“I cannot think of anyone better able to help a sophisticated Board and Staff to become knowledgeable about the Global Fiduciary Standard of Excellence, and, as part of their Fiduciary Governance, certify the Institution as being in conformance with the best practices of the Standard.”

Katie Scarborough, MBA, CFRE, President, UVMC Foundation and Executive Director, Fund Development and Community Affairs in Piqua, Ohio said of the value of conformance to the DFCS™:

“I think this is a very important standard for non-profit foundations, and would encourage them to conform to the standards, even though it may take some time and effort on their part to move into compliance.”