CODE OF CONDUCT
for members of the Institute of Advisors
Our Membership Code of Conduct for all Business Consultants and Advisors members – Institute of Advisors
Introduction
All members of the Institute of Advisors must adhere to the following code of conduct. As a business consultant or advisor, you are an integral part of the success of the business owner community and the reputation of our organization. This code of conduct outlines the ethical standards and responsibilities that are expected of you as a member of the Institute.
Confidentiality
You must maintain strict confidentiality regarding client information and not disclose any confidential information unless authorized to do so. You must also ensure that confidential information is protected and not used for personal gain.
Professionalism
You must conduct yourself in a professional manner at all times and provide services to clients with integrity and competence. You must also be respectful of clients, colleagues, and competitors.
Independence
You must maintain independence and impartiality in your advice and recommendations, avoiding any conflicts of interest. You must also declare any conflicts of interest to clients and the organization.
Competence
You must continually develop your knowledge and skills to maintain and improve your professional competence. You must also provide clients with accurate and reliable information.
Communication
You must communicate effectively and clearly with clients, providing them with relevant information and updates. You must also ensure that your advice is understood and acted upon appropriately.
Compliance with laws and regulations
You must comply with all applicable laws and regulations and ensure that your services are provided in accordance with ethical standards.
Respect for intellectual property
You must respect the intellectual property rights of others and not use or reproduce any material without proper attribution.
Professional development
You must participate in professional development activities to maintain and improve your skills and knowledge.
Reporting
You must report any suspected violations of this code of conduct to the organization.
Conclusion:
Adherence to this code of conduct is a condition of your membership in the Institute of Advisors and failure to comply with these standards may result in disciplinary action, including termination of your membership. We are committed to providing high-quality services to our clients and expect all of our consultants and advisors to uphold these ethical standards in their work.