A Registered Investment Advisor is "any entity who, for fee-based compensation, engages in the business of advising others".
The CFP® marks represent a Certified Financial Planner designation. An individual who has earned these marks has met the education, examination, experience and ethics standards established by the Certified Financial Planners Board of Standards (CFP Board).
The Chartered Life Underwriter (CLU) designation is the professional credential for persons involved in the protection, accumulation, preservation, and distribution of the economic values of human life. The CLU program provides insights into the life insurance business, its importance to the economy, its operation and distribution systems, and its resurging importance for safe and secure investments.
Why select a CLU?
Since the first examinations were held in 1928, only a select group, fewer than five percent of those in the field, have qualified to earn this designation. Each CLU must pass a comprehensive curriculum of ten college level courses, have extensive experience in the industry, and preserve the integrity of the designation by subscribing to a strict code of professional ethics.
The Chartered Financial Consultant (ChFC®) focuses on the comprehensive financial planning process as an organized way to collect and analyze information concerning a client's total financial situation. They help their clients identify specific financial goals; and to formulate, implement and monitor a comprehensive plan to work towards those goals. Every ChFC® candidate must have at least three years of industry experience and successfully pass 10 college-level courses from the American College in Bryn Mawr, PA.
To encourage the widespread adoption and use of fiduciary standards, the Center for Fiduciary Studies™ confers a highly respected industry designation--Accredited Investment Fiduciary® (AIF®).
Above all else, the fiduciary standard is intended to ensure that people who are charged with a role in managing other peoples’ money follow prudent investment practices and are therefore worthy of the trust placed in them.
To receive the designation, qualified investment professionals must:
Designees are also trained to evaluate the fiduciary practices of investment stewards, such as 401(k) and defined benefit plan sponsors, as well as those responsible for managing endowment and foundation assets.
The Accredited Asset Management Specialist℠ or AAMS® Program is a professional designation program for financial professionals. The program provides advisors with a strong fundamental financial knowledge with an additional focus on asset management.
Accredited Asset Management Specialist (AAMS) is a professional designation awarded by the College for Financial Planning (CFP) to financial professionals who successfully complete a self-study program, pass an exam, and agree to comply with a code of ethics.