INDEPENDENCE AND GOVERNANCE

Independence, stated plainly and structurally.

Epirco is the delivery partner for Novaro and a related party through a sister-company relationship under common ownership. We disclose that here rather than bury it, and we protect objectivity through defined scope, segregation, and governed referrals. This page sets out how.

INDEPENDENCE AND GOVERNANCE
GOVERNED DELIVERY
DISCLOSURE AT A GLANCE
01 Related party disclosed
02 Sister company
03 Independence governed
THE RELATIONSHIP

The relationship, disclosed.

Novaro FZC is the advisory firm you engage. Epirco acts as its delivery partner and is a related party through common ownership, a sister-company relationship. This is disclosed on client-facing materials, not buried in terms. Independence is protected structurally, not asserted.

  • Novaro is the advisory entity of record on every engagement.
  • Epirco is the delivery partner, and a related party by common ownership.
  • The relationship is disclosed on client-facing materials, not hidden.
  • Recommendations stay outcome-driven, independent of who delivers them.
  • Regulated work is routed to licensed partners, never performed unlicensed.
  • Where independence cannot be maintained, Novaro declines the engagement.
IN PRACTICE

How independence is maintained in practice.

Independence is a set of controls, not a claim. These are the practices we apply across every engagement, including those delivered through Epirco or licensed partners.

  • Conflicts are identified at scoping, before work begins.
  • Related-party involvement is disclosed to the client in writing.
  • Sensitive workstreams are segregated to protect confidentiality.
  • Recommendations are outcome-driven, not delivery-driven.
  • Referral arrangements and incentives are governed and transparent.
  • Clients receive clear engagement boundaries and scope.
  • Regulated services are routed only through licensed partners.
  • No commission or referral overrides the client's interest.
  • Where independence fails, the engagement is declined.

Each of these is a standing control, applied to every engagement, including those we deliver through Epirco.

CONFLICT MANAGEMENT

How a conflict is managed, step by step.

When a potential conflict exists, including any arising from the Epirco relationship, we follow a defined sequence rather than rely on good intentions.

  1. 01

    Identify

    We surface any conflict at scoping, including related-party or referral involvement.

  2. 02

    Disclose

    We disclose the conflict to the client in writing, before the engagement proceeds.

  3. 03

    Segregate and scope

    We scope the work and segregate sensitive workstreams to protect confidentiality.

  4. 04

    Govern

    We govern referrals and incentives, and decline where independence cannot hold.

SCOPE AND BOUNDARIES

What Novaro does, and what it does not.

Novaro operates as an advisory firm. Regulated services that require licensing or government authorization are performed only through licensed partners, never by Novaro directly.

Read Ethics and Compliance
  1. Advisory scope

    Business process design, operational architecture, governance frameworks, acquisition strategy, and automation and AI enablement.

  2. What we do not provide

    Legal advice, immigration representation, medical advice, or regulated financial and investment recommendations that require licensing.

  3. Regulated services via partners

    Where regulated processing is required, it is performed by licensed entities and trusted execution partners, under governance.

  4. Referral transparency

    Where referral fees or commissions apply, they are disclosed and governed so they do not compromise objectivity.

  5. The right to decline

    Where independence or compliance cannot be maintained, Novaro declines rather than proceed.

FREQUENTLY ASKED

Answers, before you ask.

Straight answers to the questions leadership teams raise before engaging.

Governed by disclosure, not by assurance.

If you want to understand how independence is protected on your engagement, or how the Epirco relationship is governed, we are glad to walk you through it. Start with our Ethics and Compliance page, or contact us directly.