Psychiatry has not reached a consensus hitherto concerning an optimaltheoretical framework for ethical decision-making and corresponding action.Various theories have been considered, but found wanting. Moreover, classictheories may contradict one another, contribute to confusion and immobilisethe clinician. We have examined major theories commonly applied inbioethics, conferred with moral philosophers and psychiatrists and strivento apply more recent insights drawn from moral philosophy. We report thatinstead of pursuing a single theoretical framework, we should garner thestrengths of compatible approaches in a synergistic way. We propose aparticular complementarity of principlism – with its pragmatic focus onrespect for autonomy, beneficence, non-maleficence and justice – and careethics, avariant of virtue theory, which highlights character traitspertinent to caring for vulnerable psychiatric patients.