How we practice independence
We don’t sell technology and take no commission or referral fees from vendors we recommend.
When we provide assessments to owners and investors, we base them on open data and our own analysis, never on client information we have gained access to through engagements.
We never share confidential client information or inside information with investors, analysts, partners, or others.
Board and advisory roles are assessed against existing engagements.
Before an engagement starts, we inform affected clients about collaboration agreements, advisory roles, ownership interests, and other circumstances that could create conflicts of interest.
Collaboration with consulting firms and other partners is open, and the client decides whether partners are brought into the engagement.
We say so if we aren’t the right adviser, and we decline engagements if our independence can’t be maintained.
Why it matters
An independent assessment can be used with:
Your own managementProjectsClientsSuppliersThe boardRegulators
An independent assessment can strengthen documentation and the decision basis. It doesn’t replace regulators’ own assessments or approvals.
Conferences
Kenneth Titlestad is also co-owner and managing director of the conference company Phenix Events, which organizes events including KI-dagene. Phenix Events has its own sponsors and partners. Sponsorships there do not influence Lumiar’s advice.
Confidentiality
Plant data and information about clients’ security is handled under non-disclosure agreements. We never mention clients, findings, or engagements publicly without written consent.