Not all designations and credentials are created equal. Some require as little as a day to achieve – those most highly regarded, take much more. We encourage you to utilize FINRA’s professional designations tool to learn more about the various letters after a professional’s name. Here is a sampling of those we feel are most valuable for an independent RIA, and those held by Boardwalk Financial Strategies advisors.
The Certified Financial Planner™ (CFP®) designation is a professional certification mark for financial planners administered by the CFP Board of Standards. To receive authorization to use the designation, the candidate must meet education, examination, experience and ethics requirements.
The Chartered Financial Analyst® (CFA®) is a qualification for finance and investment professionals, particularly in the fields of investment management and financial analysis of stocks, bonds and their derivative forms. The program focuses on portfolio management and financial analysis, and provides general knowledge of other areas of finance. To become a CFA charterholder, candidates must pass each of three six‐hour exams, possess a bachelor’s degree and have four years of qualified, professional work experience. CFA charterholders are also obligated to adhere to a strict Code of Ethics and Standards governing their professional conduct.
Certified Public Accountant (CPA) is the statutory title of qualified accountants in the United States who have passed the Uniform Certified Public Accountant Examination and have met additional state education and experience requirements for certification as a CPA.