The value of our firm is constituted by the quality of our independent research and reputation. If either of these is diminished, the last is the most difficult to restore. We are dedicated to complying fully with the letter and spirit of the laws, rules and ethical principles that govern us. Our continued success depends upon unswerving adherence to our Mission and Code of Ethics.


FAN will distinguish itself as a leader in providing focused independent research for professional service expertise.


To assist our clients in formulating the strongest possible case with honesty, integrity and objectivity through the provision of superior service and delivering exceptional performance.

Code of Ethics

  • To act in an ethical and legal manner, demonstrating integrity, competence and dignity, in everything we do
  • To use great care and to exercise unbiased professional judgment
  • To perform and encourage others to practice in a manner that reflects favorably on our clients, the firm and its members