It's easy to get hung up on titles. You'll come across financial planners, financial consultants, investment consultants, wealth managers, and financial analysts. These are general labels that can be used by anyone.
But you'll also encounter a range of acronyms for certain credentials, only some of which merit your attention.
[A] CFP[® mark], for example, means the person has completed academic study in a variety of courses including topics like risk management and estate planning. The holder of a CFP[® certification] also must have a bachelor's degree or equivalent, pass exams, and have at least three years of personal financial planning experience. It also signifies a commitment to ethical standards. CFP[®] certification can be checked at the website of the Certified Financial Planner Board of Standards Inc. at http://www.CFP.net. Read more >
December 12, 2011