Financial Advisors Have an Alphabet Soup of Credentials. What Do They Mean?
The Financial Industry Regulatory Authority’s website lists a total of 235 credentials for financial advisors. A total of 25 new designations were added last year alone, according to advisors who have tracked these listings. Most of these new specialties are designed to provide professionals training in specific niches of financial planning and give them a way to advertise that specialty to clients. The proliferation of credentials mirrors the growth and diversification of the financial-planning business itself.
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