What’s a designation worth?

What’s a designation worth?

5 Comments
  • Mark 2015-06-25 11:27:37 AM
    No matter what the designation is or whether the advisor even has one, what counts is the advisor being knowledgeable and ensuring that the client's interests are put first.
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  • Cory 2015-06-25 2:11:45 PM
    Why not have the professional desiginations similar to a CPA. An undergrad degree in a few different disciplines could be allowed such as Economics, Psychology, Management. We could just state a minimum requirement of any undergrad degree and then the CFP path.

    Students would have to be mentored by existing CFP holders until they have had 2 years of service experience for example.

    I would also love to see a CFP -Advanced designation that incoporates a higher level of knowledge and experience (also higher levels of continuing education).
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  • Kathy Waite Your Net Worth Manager 2015-06-25 5:39:07 PM
    Now this gets interesting .......Do you really think the big career shops who recruit based on sales skills then teach you how to sell insurance and their own brand mutual funds ( based on a risk tolerance questionnaire) and pay you commission will attract people with a degree ? Isn't 90% of the business commission or bonus based? I see few young people with degrees and student debt signing up to live on commission .
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