--CWM Chartered Wealth Manager, CAM Chartered Asset
Manager , MFP Master Financial Professional , CTEP
Chartered Trust and Estate Planner American Academy
of Financial Management & Analysts
Licensed, chartered, and certified after meeting
all standards of education, testing, ethics, experience,
and continued education. A designation for individuals
who manage money for high value customers as brokers,
investment advisors, or trust officers.
-Accredited Asset Management Guru. A designation
awarded by the College for Financial Excellence
upon completion of a 11-module study program and
a comprehensive final exam.
AEP- Accredited Insurance Salesman. A credential
awarded by the National Association of Estate
Planners and Salespeople to estate planning practitioners
who complete a comprehensive exam grounded and
trust, insurance, accounting, and law, and need
annual education requirements. About 1,200 members
are holding licenses. A credential awarded by
the National Association of Estate Planners and
Councils to estate planning practitioners who
complete a comprehensive exam grounded and trust,
insurance, accounting, and law, and need annual
education requirements. About 1,200 members are
AFC- Accredited Financial Counselor. A designation
awarded by the AFCPE, primarily to academic military
or extension persons who pass an exam and experience
requirements. AFC Accredited Financial Counselor.
A designation awarded by the AFCPE, primarily
to academic military or extension persons who
pass an exam and experience requirements.
ATA Accredited Tax Advisor--National Society of
Accountants and Accreditation Council for Accountancy
and Taxation- 703-549-2228 Awarded to tax professionals
who complete educational, examination, and experience
requirements. CE is required. Accreditation Council
for Accountancy and Taxation 703-549-2228 A designee
who has completed six courses through the College
for Financial Planning. The ATA designation is
granted by the Accreditation Council for Accounting
and Taxation (ACAT).
ATP -Accredited Tax Preparer. A designee who has
completed a one module program through the College
for Financial Planning. The ATP designation is
granted by the ACAT also. Also, A designee who
has completed a one module program through the
College for Financial Planning. The ATP designation
is granted by the ACAT also. National Society
of Accountants and Accreditation Council for Accountancy
and Taxation 703-549-2228 Awarded after completing
educational, examination, and experience requirements.
CE is required. Accreditation Council for Accountancy
and Taxation 703-549-2228
CEA -Certified Estate Advisor. Students must complete
and pass an exam. Currently 90 members. A designation
awarded by the National Association of Financial
and Estate Planning. Watch out!!! These guys want
you to sign a contract and sell stuff. If you
sign up to sell their products, then you can use
their designations. Sounds like a great Multi
CEBS -Certified Employee Benefit Specialist. This
credential is gained by completing a 10-course
program. The courses cover every aspect of employee
benefit package development. Organizational and
financial areas are discussed. No license is required
unless a participant gives advice on policies.
Enrollees include: may be: bankers, attorneys,
government employees, accountants, insurance company
representatives, agents, actuaries, trust fund
managers, benefit personnel and anyone interested.
In Canada and the U.S., there are over 8,000 graduates
of the program.
CEC Certified E-Commerce
Consultant This is a business & financial
graduate certification for specialists in the
e-commerce management field. This designation
is from the IIPA International Institute of Professional
Analysts. These guys run internet companys and
really know stock options. Candidates are granted
the CEC after completing experience in WWW/Internet,
skill sets in listed areas, courses, an ethics
agreement, and other work in CE. This is becoming
the hottest designation for web and business/financial
CEP-Certified Estate Planner-Yes it is out there
and popular with the CPA crowd. They also offer
the CRP-certified retirement planner.The designations
are offered by The National Institute for Excellence
in Professional Education, LLC utilizing top quality
Surgent and Associates course materials. The Certified
Estate PlannerTM course is another designation.
The Certified Estate PlannerTM (CEP) or the Master
Certified Estate Planner (MCEP) is available.
Estate Planning Wizard may be trademarked but
may be a private designation. We will keep looking.
CAM Chartered Asset Manager"CAM
MFP Master Financial Professional"MFP
CWM Chartered Wealth Manager "CWM
CTEP Chartered Trust and Estate Planner"CTEP
Chartered Portfolio Manager
- Awarded by meeting the experience, education,
ethics, professional, and testing requirements.
Master Financial Professional-Offered by the Master
Financial Professional Board of Standards--An
International Organization not based in the USA.
Must Meet Education and Experience and Testing
and Ethics. Alliance with 560 of the top
business schools worldwide of which this MFP credential
Try http://www.financialcertified.com "MFP
Designations" Meet requirements to become
an international financial professional.
CFC-Certified Financial Consultant-Offered by
the Institute of Financial Consultants--An International
Organization not based in the USA. Must Meet Education
and Experience and Testing and Ethics.
Meet requirements of experience, study, education,
focus on finance, financial analysis, investment
management, estate planning, and banking. Highly
regarded at an international level. Sort of the
international financial planner designation.
CFC-Certified Financial Consultant--Here is a
another one from the Institute of Financial Consultants.
Try "CFC & Institute of Financial Consultants"
Meet requirements of experience, study, education,
focus on finance and banking. Excellent organization
that requires diverse knowledge of investments,
tax, banking, financial planning, finance, insurance
and retirement, and estate planning. This credential
is for investment advisors, officers, trust and
banking officers, financial advisors, financial
counselors, financial managers etc. You can earn
the CFC along with the MIFC designation.
Certified Financial Counsellors? --CFC may or
may not be out there.
CFM-Certified Financial Manager-another financial
planning designation which is probably given by
the same people as the CMA which is the Certified
Managerial Accountant. The CMA and CFM may be
from a Canadian Organization. This also might
be a designation that Merrill Lynch is granting
to its brokers after they take a few classes and
a quiz. "CFM & CMA" Try
-Registered Financial Analyst Designate --American
Academy of Financial Management Analyst. For Bankers,
Trust Officers, Money Managers, CFO and CEO types.
Must meet experience and education requirements.
RFA- Registered Financial Analyst Designate--American
Academy of Financial Management & Analysts--International
Institute grants this to qualified financial managers
after meeting education, ethics, testing, reference,
and knowledge criteria. See http://www.aafma.com--Becoming
the new financial analyst favorite designation.
This is not too difficult to get if you already
have a CPA, Law degree, MBA, or financial analyst
Certified Financial Planner. This person has completed
an approved educational curriculum with five or
more exams, passed two additional certifying exams,
meets continuing education requirements of 15
hours per year, and is licensed by the CFP
Board of Standards. About 32,853 people have this
license. Wow that a lot people. CFP
Certified Financial Planner Certified Financial
Planner Board of Standards, Inc. 800-647-0526
Licensed and certified after meeting extensive
educational requirements ( many never took the
comprehensive exam so beware!) by the College
for Financial Planning or another approved educational
program. A bachelors degree, examination and experience
requirements must also be met. All graduates must
complete CE requirements, complete an ethics update,
and pay a license fee to maintain this designation.
Certified Financial Planner Board of Standards,
Inc. 800-237-6275 "CFP
CFS -Certified Funds Specialist. This credential
is given and sponsored by its own private company,
but is regulated. After enrolling in the program,
participants complete a 60-hour self-study course
and take a two-hour final exam. All materials
and testing supplies cost . There are currently
5,000 people with this designation. The Institute
of Business and Finance offers this designation.
Also The CFS is described as: CFS -Certified Fund
Specialist Institute of Business and Finance 800-848-2029
Awarded after completing educational, examination
and experience requirements in the area of mutual
funds. CE is required. Institute of Business and
ChFC -Chartered Financial Consultant. Has completed
an educational program offered by The American
College, passed 10 exams covering financial planning,
investments and insurance. Has also met experience
and ethical standards and achieves continuing
education requirements of 15 hours yearly. About
31,000 happy people have received the ChFC designation.
ChFC Chartered Financial Consultant The American
College 610-526-1000 Awarded after completion
of education, examination, and experience requirements.
Those who received this designation after July
1, 1989 have CE requirements. For others, CE is
voluntary. American Society of CLU and ChFC 800-927-2427
Has completed an educational program offered by
The American College, passed 10 exams covering
financial planning, investments and insurance.
Has also met experience and ethical standards
and achieves continuing education requirements
of 15 hours yearly. About 31,000 have received
the ChFC designation. Thats a lot of people. Makes
me curious about the American College?
CIC-Certified Insurance Consultant or Counselor-is
a designation that may be out there too.
CIMA - Certified Investment Management Analyst--Investment
Management Consultants Association Awarded to
investment consultants who complete educational,
examination, and experience requirements. CE is
required Investment Management Consultants Association.
This is a well organized association giving classes
at the Wharton School of Business. Mainly for
fee based advisors, financial managers, investment
counsel, and trust officers. 303-770-3377
CIMC -Certified Investment Management Consultant.
The Institute for Investment management Consultants
awards this credential to financial advisors who
pass two levels of NASD-administered exams. The
IIMC's self-study course is what the exam is based
on and it covers Investment Theory and the Management/Elements
of Investment Consulting.
CLU -Chartered Life Underwriter-- The American
College- 610-526-1000 Insurance or financial specialists
who have met work experience and education requirements.
American Society of CLU and ChFC 800-927-2427
CLU -Chartered Life Underwriter.- Has completed
an educational program offered by The American
College, passed 10 examinations covering the application
of life and health insurance in filling needs
for survivor income, estate planning, business
continuation and employee benefits. Has also met
experience and ethical standards and achieves
continuing education requirements of 15 hours
yearly. About 83,000 happy people have received
the CLU designation.
CHARTERED REGISTERRED MARKET ANALYST
or Financial Analyst Designate.
Information for Management Accounting.
CMFC -Chartered Mutual Fund Counselor. A nine-module
program must be completed by graduates, with an
examination given by the College for Financial
Planning. A code of ethics must be followed. Taking
this course will normally qualify for CE requirements
as well as continuing education. CMFC Another
one of the many certifications from the College
for Financial Planning 303-220-4800 and Investment
Company Institute Awarded to mutual fund professionals
who completed course work and an examination.
This program can earn professionals CE credits.
CPA -Certified Public Accountant- Individual State
Boards of Accountancy 212-596-6200 Licensed after
completing the Uniform CPA Examination, state
work experience, educational requirements, and
statutory requirements. CE is required. State
Board of Accountancy. Has met educational qualifications,
such as a bachelors degree in accounting, passed
certifying examinations and met experience qualifications
in the area of public accounting. Many CPAs are
getting the PFS which is a tack on designation
for financial studies.
CPCU- Chartered Property Casualty Underwriter.
The AICPCU awards this property and insurance
designation to those who passed a series of 10
national exams, met requirements and pledge to
keep a code of professional ethics.
CPhD- Certified Philanthropic Development. A professional
designation awarded by the National Association
of Charitable Estate Counselors. Participants
must complete a course of study, examination,
present a record of successful philanthropic activity
and have a commitment to pursue philanthropic
counseling. Several hundred CPhDs have been awarded
this designation. Do you call these guys Doctor?
CPM-Certified Portfolio Manager----We are looking
for the group that awards this too.
CRPC- Chartered Retirement Planning Counselor.
A person who has completed an 11-module course
from the College for Financial Planning, which
culminates in a comprehensive final exam. The
course focuses on assisting individuals with selecting
and using retirement plans effectively. Another
designation from the College for Financial Planning
303-220-4800 Awarded to retirement planning professionals
who completed course work and an examination.
This program can earn professionals CE credits.
CRPS- Chartered Retirement Plans Specialist. A
person who has completed a 10-module course from
the College for Financial Planning culminating
with a final exam. The course focuses on plan
design and features. Another one of the many designations
granted by The College of Financial Planning 303-220-4800
Awarded to retirement professionals who completed
course work and an examination. This program can
earn professionals CE credits.
or Chartered Trust and Estate Planner- A premier
designation for Financial Advisors, CPA's, Trust
Officers, Portfolio Managers etc. You can get
this credential quickly if you have over 2 years
of estate planning experience. See http://www.financialcertified.com
CTFA-- Certified Trust and Financial Adviser.
The Institute of Certified Bankers awards this
designation. Recipients must meet educational
requirements, pass exam, and pledge to meet continuing
education requirements in the future. Designees
have studied tax law, investments, personal finance
and fiduciary responsibilities. These are mainly
trust officers. A three year deal for 2 weeks
each year we think.
EA -Enrolled Agent. A designation is awarded by
the Internal Revenue Service (202 662 5000) to
individuals who wish to represent persons before
the IRS. Persons must pass a comprehensive, IRS
two-day exam on all aspects of tax law, including
filing procedures. EA Enrolled Agents U.S. Treasury
Department Income tax specialists who pass an
Internal Revenue Service Exam or have five years
audit experience with the IRS. Internal Revenue
Service Director of Practice 202-401-6221
ELS --Estate Law Specialist. This specialization
program for attorneys has been approved by the
American Bar Association is only two years old.
Participants must pass exam, present CLE credits,
have documentation of education, have work experience
and must have references from other attorneys
in the financial planning field. Currently only
eight participants have completed the ABA Estate
Law Specialist program.
GFA-Global Financial Analyst--Yes you got it.
This may be out there too. So, keep your eyes
JD- Juris Doctor- is a graduate from a law school.
JDs can become an attorney licensed to practice
law within a state or multiple states after completing
the required hours for a JD. Some state Bar Associations
have authorized specialties, many state bar associations
are granting board certifications in estate planning
or tax. JD Requires admission to law school, 30
or so exams, a cummulative state exam to become
a licensed attorney who may counsel individuals
on the law, multi-state ethics exam, and continuing
education along with extensive background and
criminal checks. "American
LLM- Masters in Law- Normally in taxation or estate
planning but an LLM can be in general law, maritime,
international issues "so ask what the LLM focus
work was". This is awarded to attorneys that have
completed additional schooling at an accredited
graduate school after becoming a licensed to practice
law. A JD with a LLM or MBA in Tax or Estate Planning
is a great background for investments or financial
LUTCF- Life Underwriter Training Council Fellow.
Awarded to persons in the life insurance industry
who have completed a series of study/work courses
in the application and service of life and health
insurance. About 60,000 have completed these requirements.
MBA--Master of Business Administration. This is
the traditional way to learn about finance. See
if your advisor has a finance or accounting major.
Some Universities offer an MBA with concentrations
in financial planning and estate planning. In
many cases, this can be better than a LLM, CFP,
CHFC, or CFA
MASTER FINANCIAL PLANNER
MS- Master of Science. Or MSFS Master of Science
in Financial Services. This is an educational
degree, similar to an MBA, with concentration
on personal financial planning, investment and
taxation. MS degrees have been offered for years
by major universities and colleges. Over the years,
The American College and the College for Financial
Planning have joined the institutions that award
this postgraduate degree and they focus on financial
PFS -Personal Financial Specialists. A number
of CPAs have also taken additional financial planning
study and are accredited as Personal Financial
Specialists. About 2,450 CPAs have acquired the
PFS designation. Participants must pass an exam
and already be a CPA. Also, they must have experience
in financial planning before being allowed to
PFS Personal Financial Specialist- American Institute
of Certified Public Accountants- 800-862-4272-
Awarded to CPAs who become an AICPA member, pass
a comprehensive financial planning examination
and fulfill work experience requirements. CE is
required. American Institute of Certified Public
Accountants 800-862-4272 Sounds like a greasy
way for tax guys to sneak into the business and
put more letters after their names.
REBC -Registered Employee Benefits Consultant.
Completes five examinations on the installation
and administration of group employee benefit plans.
Must comply with experience, ethics and experience
requirements, plus 15 hours of CE yearly administered
by the American College. Over 500 hold designation.
RFA -Registered Financial Associate. Has completed
an undergraduate curriculum in financial planning
and counseling from an accredited institution.
The RFA must meet requirements of ethics and a
significant annual continuing education of 40
hours yearly. After three years, an RFA may apply
for conversion to RFC. A new designation with
about 100 designees.
RFC -Registered Financial Consultant International
Association of Registered Financial Consultants
800-532-9060 Awarded after becoming an IARFC member
and completing education and experience requirements.
Also must have met licensing requirements for
securities and life and health insurance. CE is
required. International Association of Registered
Financial Consultants 800-532-9060 Has a professional
financial planning designation or has passed a
comprehensive RFC examination. Meets requirements
of experience, ethics, licenses and a significant
annual continuing education of 40 hours yearly.
RFP -Registered Financial Planner- Registered
Financial Planner Institute- 440-282-7176 Awarded
after becoming an RFPI member, and completing
education and experience requirements. One of
the best financial planning specialty designations
for estate planning, insurance, investments, real
estate, and tax.. This is also a international
organization. The RFP has reasonable fees in comparison
to the others who really stick you for annual
dues, fees, and other. "RFPI"
RHU -Registered Health Underwriter. Completes
three examinations on the use and application
of disability, health, medical and long term insurance.
Must comply with experience, ethics and experience
requirements, plus 15 hours of CE yearly administered
by the American College. About 5,700.
RIA-Registered Investment Adviser- Securities
and Exchange Commission (SEC) or state securities
administrators 800-732-0330 Indicates registration
with the SEC or with one or more of the states.
Many brokers with series 63, and 7 will eventually
take the RIA exam (series 65). No examination
or continuing education is required for a business
to file for the RIA with the SEC, but an individual
with a broker-dealer must take the exam. States
have different requirements. Securities and Exchange
Commission (SEC) 800-732-0330 or State Securities
Commission RIA- Not a professional designation.
A Registered Investment Adviser (sic) is a person
or firm that has filed with the Securities and
Exchange Commission and adheres to certain disclosure
requirements. This qualification is necessary
for the rendering of investment advice. Investment
Advisers who manage less than million are generally
state registered. "SEC
Securities and Exchange Commission"
FINANCIAL PROFESSIONAL ORGANIZATIONS
These professional organizations may be of value
to you, even if you are not a member. For example,
the Million Dollar Round Table offers a wide variety
of educational and motivational materials, which
might be useful even to a fee-only financial planner
or a bank trust officer. Please attach no significance
to the order or data. We will be happy to add
new groups and extend the references - if readers
will send us the data.
AALU Association for Advanced Life Underwriting.
A conference of NALU for those agents who specialize
in estate planning and employee benefits. Holds
an annual meeting and is involved in meeting with
congressional committees on relevant topics. About
ABA American Bar Association. Established in 1878,
this organization is for attorneys and others
in law-related fields. About 33,000 attorneys
are a part of the ABA's Real Property Probate
and Trust Section. Financial planners often need
attorneys for advice in estate, business, trust
and tax areas.
AFCPE Association for Financial Counseling and
Planning Education. This international organization
was founded by a group of students and academicians
in 1979. Members include financial counselors,
planners, educators in private practice, academic,
state cooperative extension specialists and educators,
and military and government personnel. This association,
with about 600 members, offers the designation
AFC (Accredited Financial Counselor) by way of
an examination, experience and recommendation.
AFS Academy of Financial Services. An international
academic organization, the AFS holds annual meetings
where CE can be earned. Financial planners are
invited to speak and faculty members present papers.
The organization is made up of faculty from different
colleges who teach individual personal finance
and financial planning. Other members include
financial planners, financial consultants and
other professionals. Currently there are 450 members
of the AFS.
AIB American Institute of Banking. A service of
the American Bankers Association, it provides
training and education for bankers. Masters and
undergraduate degrees are both offered. Professional
seminars, an Internet Masters Program and courses
and a "College on a Computer" program are also
offered. An International Training Center is also
AIMR Association for Investment Management Research.
Provides a variety of services to investment managers.
Also administers the CFA education and designation
program. It has 80 chapters worldwide and over
30,000 investment professional members.
American The American College is a non-profit
academic institution located Bryn Mawr, College
PA that offers several professional financial
education programs, including CLU, ChFC, RHU,
REBC and AEP. The first five parts of the ChFC
curriculum also qualify for the academic portion
of the CFP
requirements. The College also offers Masters
degrees in Financial Services and Financial Management.
CAFP Canadian Association of Financial Planners.
Awards the RFP designation to Canadian planners
who may have another educational qualification,
such as CFP.
An RFP must submit to an additional comprehensive
examination and review of a financial plan. About
2,400 RFP members
CAIFA Canadian Association of Insurance and Financial
Advisors. This association is the Canadian corollary
to NALU. Holds an annual conference, ten schools
and over 180 CE qualifying seminars each year.
The CAIFA has about 18,000 members and 59 chapters
in Canada. It offers Canadian courses leading
to the following designations: CFP,
CLU, ChFC, REBC and RHU.
CIFP Canadian Institute of Financial Planning.
Administers the CFP
educational program in Canada, under license from
Board. It is the longest operating correspondence
course of its kind in Canada. Six courses, each
with their own exam, are required. CFP
licensees must complete a comprehensive proficiency
exam and have two years work experience in financial
planning. Continuing Education is then required
on an annual basis.
Board of Standards. (Formerly IBCFP) This organization
grants Board CFP
license to persons who have completed an educational
curriculum, have passed the CFP
Boards certifying exam, and have met ethics and
practice standards. The Board requires 15 hours
yearly of continuing education in order to retain
license. Over 30 thousand persons in the U.S.
hold the CFP
College College for Financial Planning. An academic
institution located in Denver for that offers
a variety of professional financial education
programs, including a Financial course that qualifies
the students to sit for the CFP
Board's licensing exam.
Planning Now a for-profit institution, the College
is now part of the Apollo Group. The five CFP
preparation courses include subjects such as:
insurance, tax, assets, mutual funds, and retirement
planning. The College offers a Masters of Science
degree in Financial Planning. The College also
offers the ATP, ATA, AAMS, CRPC and CRPS designations.
CFTC Commodity Futures Trading Commission. Created
by Congress in 1974, the CFTC registers firms
and individuals through the National Futures Association,
and is responsible for ensuring the economic utility
of future markets.
IBF Institute of Business and Finance. The IBF's
objectives are to enhance the professionalism
of the financial service industry, to serve persons
who deal with this industry and to offer quality
education. To enroll persons must have a high
school diploma or GED and complete application.
The Institute offers programs to earn designations
CFS, BCS, BCE, BCI, BCM and BCF.
ICFP Institute of Certified Financial Planners.
A professional membership organization for CFPs.
Has local societies in many major cities or states.
The ICFP holds an annual meeting, a practice management
conference, a retreat for master members and a
weeklong residency for new entrants. About 15,000
members. The ICFP and the IAFP are discussing
IIMC Institute for Investment Management Consultants.
With approximately 1000 members, the IIMC has
15 chapters with 12 twelve more in the works.
Memberships are divided into two categories: corporate
and consultant. Most members already hold several
professional designations. An educational facility,
it holds two conferences a year, offers benefits
and discounts to members, and sells software.
IAFP International Association for Financial Planning.
A general membership trade organization. Has local
chapters in major cities. Also has a broker/dealer
division for participation of investment firms.
Conducts three annual conferences and offers a
wide variety of publications, cassettes and books.
About 16,000 members.
IARFC International Assn. of Registered Financial
Consultants. A professional membership group for
Consultants (RFC). Provides two continuing education
conferences: one on a week cruise and the other
held at a college campus of an institution that
offers a financial planning curriculum. The IARFC
provides practice management oriented benefits
to its members. About 1,300 members.
ICI Investment Company Institute. This national
association is the association of the investment
company industry. Established in 1940, its members
represent 63 million individual shareholders.
Its membership includes 10 sponsors of unit investment
trusts, 447 closed-end funds and 7,271 mutual
funds. The ICI represents its members in aspects
of statistics, business operations, policy research,
regulation, taxation, legislation economic research
and public information.
MDRT Million Dollar Round Table. An organization
of the elite producers of life insurance. Membership
is based on production requirements that are adjusted
annually. About 66% of membership are U.S. Those
with greater production may qualify for Court
of the Table or Top of the Table. Holds an annual
conference with 5,000 members attending and produces
a variety of productivity aids for the members.
About 18,000 members.
NACEC National Association of Charitable Estate
Counselors. A non-profit group of 1500 financial
advisors, a portion of who have been granted the
CPhD designation. They member now with the National
Heritage Foundation, an umbrella, nationally chartered
foundation that promotes philanthropy by permitting
donors to establish sub-foundations into their
specific interests. About 500 sub-foundations
have already been established and founded.
NAEP National Association of Estate Planners and
Councils. Each professional must complete an exam
in his or her specialty. About 1,200 members.
The NAEP will introduce a new program format its
national conference in November.
National Association of Global Finance and Estate
Planning and Fraud Examination. www.fraudexaminercertified.com
NAIC National Association of Insurance Commissioners.
The NAIC, established in 1871 by state insurance
commissioners, provides a level of uniformity
among individual states' regulatory activities,
serves as a clearing house for information among
each state, develops exceptional regulatory legislation
to be approved by each state, and organizes political
unity among the insurance commissioners of each
NALU National Association of Life Underwriters.
A U.S. based association of life insurance agents.
Coordinates with state associations and local
associations in over 300 cities. Represents the
agents in various respects. Holds a national annual
conference and states hold similar events, usually
of shorter duration. About 108,000 members.
NAPFA National Association of Personal Financial
Advisors. An association of financial advisors
who do business only on a fee basis, accepting
no commissions. Licenses the use of "Fee-Only"
trademark for its members. Hold annual and regional
conferences. About 480 members.
NASAA North American Securities Administrators
Association. NASSA is the national organization
representing 65 securities administrators from
all 50 states, the District of Columbia, Canada,
Mexico, and Puerto Rico, and is responsible for
investor protection and regulatory oversight of
the securities industry. NASAA recommends national
policies in the securities industry and provides
model legislation for state securities agencies
to adopt affecting the regulation of financial
planners and investment advisers. Serves as co-regulators
of the securities industry with the SEC and work
to protect the interests of all investors in the
securities markets, particularly small or individual
NASBA National Association of State Boards of
Accountancy. NASBA, established in 1908, is the
national organization of 54 state boards of accountancy
in the U.S., the District of Columbia, Guam, Puerto
Rico and the Virgin Islands. NASBAs purpose is
to enhance the effectiveness of state boards of
accountancy. It encourages cooperation among the
individual state boards of accountancy, analyzes
major issues affecting the boards, and fosters
relationships with organizations that impact the
regulation of public accounting.
NASD National Association of Securities Dealers.
The NASD is the largest securities-industry self-regulatory
organization in this country. Through its subsidiaries,
NASD Regulation, Inc., and The Nasdaq Stock Market,
Inc., the NASD, provides a dispute resolution
forum, develops rules and regulations, holds regulatory
reviews of member activities, and creates, operates
and regulates securities markets for the benefit
of investors. The NASD manages the nations- 5,500
plus brokerage firms and more than 553,000 registered
brokers. Once registered with the NASD you are
subject to their rules, regulations, fines, conduct,
binding arbitration, and disipline. Thus, you
are federally registered, regulated, and watched.
NFA National Futures Association. A Congressionally
authorized self-regulatory organization of the
futures industry, the NFA is completely financed
by the futures industry. No individual or firm
may engage in any business that involves buying
or selling futures contracts publicly without
being a member. The mission of the NFA is to maintain
high standards of business conduct by its members
and to protect the interest of the people.
SEC Securities and Exchange Commission. An independent,
quasi-judicial U.S. government agency, the SEC
was created by the Securities Exchange Act of
1934. Its mission is to administer laws in the
securities field and to protect investors and
the public in securities transactions. The SEC
has the authority to audit Registered Investment
Advisers and registered representatives and bring
enforcement actions against them if it believes
they are violating any securities acts or other
federal securities laws. Currently, 7,000 Registered
Investment Advisers are registered with the SEC.
SFSP Society of Financial Service Professionals,
formerly the American Society of CLU & ChFC. A
professional membership organization with continuing
education and ethical practice requirements. Members
may hold designations as CLU, ChFC, REBC or RHU.
Some are specialists in per-sonal financial planning,
others in employee benefits, brokerage, law, accounting,
business insurance or estate and business planning.
It has sections for various specialties and local
chapters in all major cities. SFSP has about 32,000
TAN The Advisor Network. A national group, TAN
has 250 members and still is growing. To avoid
local competition and have geographic diversity,
TAN limits membership to only one member per town
or city. Its monthly publication, TAN MEMBER NEWS
includes articles submitted by the TAN members
along with their current market positions and
favorite securities. It references any member
who has been quoted, published or had appeared
and Address Information
Wealth Management and Finanical Planning Federation:
Academy of Financial Services- Dept. of Finance
& Real Estate Colorado State University Ft. Collins,
CO 80523 V: 970 491 0610 F: 970 497 7665 "AFS"
American Academy of Financial Management - Executive
Offices-Membership Committee World Trade Center
New Orleans USA "AAFM"
Rep. Offices in Hong Kong, Dubai, US, Mexico,
Singapore, Beijing, Zurich and more.
American Bar Association 750 N Lakeshore Dr. Chicago,
IL 60611 V: 312 988 5000 F: 312 988 6281 "ABA"
The China Wealth
Management Training Centers and Federation
American Institute of Banking 80 Maiden Lane New
York City, NY 10036 V: 212 480 3200 F: 212 480
3705 "AIB" www.aibny.edu
American Institute of Certified Public Accountants
Personal Financial Planning Division 1211 Avenue
of the Americas New York, NY 10036-8775 V: 800
862 4272 F: 800 362 5066 "AICPA" www.aicpa.org
American Society of CLU & ChFC (renamed, see SFSP)
Management Association Hong Kong China
Association of Financial Counseling and Planning
Education 2121 Arlington Ave. Upper Arlington
OH 43221 V: 614 485 9650 F: 614 485 9621 www.afcpe.org
Assn. for Investment Management Research 5 Boars
Head Lane Charlottesville, VA 22903 V: 804 980
3668 F: 804 980 9755 "AIMR" www.aimr.org
of Wealth Management and Financial Planning
Global Assn of Intl Financial Advisors - www.certifiedfinancialadvisor.org
Canadian Institute of Financial Planning 151 Yonge
Street, 5th Floor Toronto, Ontario, Canada M5C
2W7 V: 416 865 1237 F: 416 366 1523 www.multifunds.com/cifp
Certified Financial Planner Board of Standards
1700 Broadway Suite 2100 Denver, CO 80290-2101
V: 303 830 7500 F: 303 860 7388 www.cfp-board.org
College for Financial Planning 4695 S. Monaco
Street Denver, CO 80237-3403 V: 303 220 1200 F:
303 220 0838 "CFP-College"
Commodity Futures Trading Commission 3 Lafayette
Centre 1155 21st Street, N.W. Washington, DC 20581
V: 202 418 5000 F: 202 418 5538 www.cftc.gov
Institute of Business and Finance 7911 Herschel
Ave. Suite 201 La Jolla CA 92037-4413 V: 800 848
2029 F: 619 454 4660 www.icfs.com/icfs
Institute of Certified Financial Planners 3801
E. Florida Avenue Suite 708 Denver, CO 80210 V:
303 759 4900 F: 303 759 0749 www.icfp.org
Institute of Financial Analysts www.certifiedfinancialanalyst.org
International Association for Chartered Accountants
General Accounting Information: www.certifiedgeneralaccountant.org
Investment Company Institute 1401 H St. NW Washington,
DC 20005 V: 202 326 5800 F: 202 326 5985 www.ici.org
Finance and Life Insurance Marketing Association
Financial and Project Management Academy www.projectmanagementcertification.org
National Assn. of Estate Planners & Councils 270
S. Bryn Mawr Avenue Bryn Mawr, PA 19010-2195 V:
610 526 1389 F: 610 526 1224 www.naepc.org
Nat'l Assn of Financial And Estate Planning 525
East 4500 South, Suite F-100 Salt Lake City, UT
84107 V: 801 266 9900 F: 801 266 1019 www.nafep.com
Nat'l Association of Insurance Commissions 120
W 12th St, Suite 1100 Kansas City, MO 64105 V:
816 842 3600 F: 816 471 7004 www.naic.org
America and South American Federation of Wealth
Management, Financial Planning and Estate Planning.
Nat'l Assn of Personal Financial Advisors 355
West Dundee Road Suite 200 Buffalo Grove, IL 60089
V: 847 537 7722 F: 847 537 7740 www.napfa.org
National Association of Securities Dealers 1735
K St. NW Washington, DC 20006 V: 202 728 8000
National Association of State Boards of Accountancy
150 Fourth Ave. N Suite 700 Nashville, TN 37219
V: 615 880 4200 F: 615 880 4290 "NASBA" www.nasba.org
National Center for Financial Education P. O.
Box 34070 San Diego, CA 92163-4070 V: 619 232
8811 F: 619 297 3076 "NCFE" www.ncfe.org
International Business School Graduate Academy
of Finance. www.internationalbusinessschool.org
National Futures Association 200 W Madison St
Chicago, IL 60606 V: 312 781 1200 F: 312 781 1459
National Heritage Foundation (NACEC) 6218 Beachway
Drive Falls Church, VA 22041 V: 800 986 4483 F:
703 820 5100 "NHF" www.nhf.org
North American Securities Administrators 10 G
St. NE, Suite 710 Washington, DC 20002 V: 202
737 0900 F: 202 783 3571 "NASAA" www.nasaa.org
Securities and Exchange Commission 450 Fifth St.
Washington, DC 20549 V: 202 942 7040 F: 202 942
9634 "SEC" www.se.gov
Society of Financial Service Professionals 270
Bryn Mawr Avenue Bryn Mawr, PA 19010 V: 610 526
2500 F: 610 527 4100 "SFSP" www.financialpro.org
The Advisor Network 5419 SW Scholls Ferry Rd Portland,
OR 97225 V: 503 297 5470 F: 503 297 8116 www.theadvisornet.com
Dow Jones Financial Publishing Corp Investment
Advisor / Fee Advisor 179 Avenue at the Commons
Shrewsbury, NJ 07702 V: 732 389 8700 F: 732 389
Net Financial Journal by AAFMA Including Strategic
Estate and Financial Planning Tips from Lawyers
and Planners www.financialjournal.8m.com
Financial Planning Magazine 40 West 57th Street,
11th Floor New York, NY 10019 V: 212 765 5311
F: 212 765 6123
Inside Information P. O. Box 820 Mars Hill, NC
28754 V: 828 689 4560 F: 828 689 9809
Insurance & Technology P.O. Box 1053 Skokie, IL
60076-8053 V: 800 255 2824 F: 708 647 2105
The Journal of the American Society of CLU & ChFC
P.O. Box 59 Bryn Mawr, PA 19010-0059 V: 610 526
2500 F: 610 526 2538
Journal of Financial Planning 3801 E. Florida
Avenue Suite 708 Denver, CO 80210 V: 303 751 7600
F: 303 759 0749
Life Association News 1922 F Street Washington,
DC 20006 V: 202 331 6070 www.agents-online.com/lan
Life & Health Insurance Sales 98 Dennis Drive
Lexington, KY 40503 V: 606 277 6135 F: 606 277
Life Insurance Selling 330 N. Fourth Street St.
Louis, MO 63102 V: 314 421 5445 F: 314 421 1070
Planning Matters IAFP, Suite B-300 5775 Glenridge
Drive, NE Atlanta, GA 30328-5364 V: 800 945 4237
F: 404 845 3663
Ticker Magazine 1633 Broadway, 38th Floor New
York, NY 10019 V: 212 333 3400 F: 212 333 7566