Investment adviser designations

Examinations for an individual seeking to be licensed as an investment adviser representative are waived for an individual who holds a current designation of CFA, CFP, ChFC, CIC, or PFS.

The Chartered Financial Analyst (CFA) designation is granted by the Association for Investment Management and Research. AIMR offers services in three broad categories: education through seminars and publications, professional conduct and ethics, and standards of practice and advocacy. Charter holder, regular and affiliate memberships are available. Please see its Web site.

The Certified Financial Planner (CFP) designation is administered by the Certified Financial Planner Board of Standards. A number of education programs and work experience backgrounds may satisfy the CFP Board's requirements. Please see its Web site or contact the organization at (303) 830-7500.

The Chartered Financial Consultant (CHFC) designation is awarded by The American College following successful completion of national examinations in a number of financial and insurance areas. Online courses are available. Please see The American College's Web site.

The Chartered Investment Counselor (CIC) designation is awarded by the Investment Adviser Association to those individuals who hold the CFA designation, demonstrate significant experience in certain areas, and are employed in an eligible position with a federal-covered investment adviser which is a member of the Investment Adviser Association. Please see the IAA Web site or contact the organization at (202) 293-4222.

The Personal Financial Specialist (PFS) designation is administered by the American Institute of Certified Public Accountants. The designation is awarded to CPAs who have considerable personal financial planning experience. Please see the PFS page of the AICPA Web site.