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The AAFM ® International Board of Standards is the 1st US EU Company to achieve TUV Accreditation for ISO 29990 Certified Training and 9001 Quality while working with Accredited Business and Law Schools Worldwide

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AAFM ® American Academy of Financial Management ®  

CFPB Consumer Financial Protection Bureau   

AAFM Board of Standards - Press Release


AAFM Comments to CFPB Consumer Financial Protection Bureau that top Accredited Business Schools have highest government standards which can lead to literacy and to certifications and designations


Financial literacy and education is becoming central to investors and the general public alike. The CFPB Consumer Financial Protection Bureau and other global organizations are looking for answers about how to raise the bar with financial education. Responding to the call for consultation or proposals from the CFPB, the AAFM American Academy of Financial Management ® and their General Counsel George Mentz, JD, MBA have sent a letter regarding the highest standards of accredited program exams and government recognized business schools in the United States and worldwide.


George Mentz, international counsel and chairman of the certification standards of AAFM has stated that, " “A board certification earned by successfully completing accredited program exams and courses provides assurance that the advisor has mastered college degree level business skills and knowledge.” Double accredited business schools and accredited law schools represent approximately the top 10 percent in quality of degree and graduate programs worldwide.


The AAFM American Academy of Financial Management ® and Counselor Mentz sent a letter and comments to the CFPB showing the importance of accredited financial and legal education that leads to board certifications. In it, AAFM and Mentz clarify that the bulk of credentialing programs meet no third-party standard, do not require an accredited degree recognized by the government, and have zero regulatory or accreditation oversight. This is why the AAFM® and Professor Mentz started a crusade over a decade ago to promote certification requirements of: US Government recognized Accredited Business School and Law School Programs and Exams such as ACBSP Double Accredited Business Schools.


Mentz, as a teaching professor at the TJSL accredited law school graduate program. After a student completes the qualifying law school courses and exams at the accredited institution, the candidate can then petition for certification if they have met the professional requirements of degree, ethics, assessment, experience, and continuing education. As an example, the AAFM began to promote the CWM Chartered Certified Wealth Manager ® Program in the 1990s, and this designation may be achieved by successfully completing the CWM education and assessment program online from an accredited law program. See:


In sum, the accredited education leaders at over 1000 institutions worldwide see absolutely no reason to outsource education when government recognized or accredited program exams have met the test of time and quality for over 100 years.


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See Full Letter to the CFPB from Counselor Mentz



Wall Street Journal - AAFM ® Accredited Program Exams


The AAFM ® American Academy of Financial Management ® has been referenced by the Wall Street Journal on 3 occasions, and now the official certification accredited education and accredited program exam requirements are disclosed and featured on the WSJ.


The Wall Street Journal publicly recognized AAFM ®  Certification Program Requirements Including AACSB and ACBSP Double Accredited Programs Exams Worldwide. The AAFM is the first certification body in the world to require or accept government recognized and accredited program courses and exams toward certification.


The AAFM ® and its accredited educational requirements have been published by the Wall Street Journal. The Wall Street Journal labels the AAFM ® certifications as backed by Double Accredited education and exams and the WSJ also refers to the AAFM as "FINRA Monitored".  Double accreditation and exams is the highest calibre for business schools in the United States such as ACBSP and AACSB accredited programs of which the AAFM official recognizes these accreditation agencies.


Here are some of the Certifications and Designations featured or listed on the Wall Street Journal Articles and Guide to Financial Designations.


  • CWM ® Certified/Chartered Wealth Manger - AAFM ® Charter
  • CTEP ™ Chartered Trust and Estate Planner - AAFM ® Charter
  • CAM ™ Chartered/Certified Asset Manager - AAFM ® Charter
  • CPM ™ Certified/Chartered Portfolio Manager - AAFM ® Charter
  • RFS ™ Registered Financial Specialist or MFM™ - AAFM ® Charter
  • CMA ™ Chartered Market Analyst ™ - Financial Analyst Designate - AAFM® Charter and Designation
  • CCA ™ Chartered Compliance Analyst - IBS Charter & AAFM® Charter
  • CRA ™ Chartered/Certified Risk Analyst - IBS Charter & AAFM® Charter
  • ChE Chartered Economist - IBS Charter & AAFM® Charter


Why Certifications are Important - An Expose of the History of Certifications that Features AAFM and Accredited program Education and Exams.


WSJ Reference Guide that Features AAFM Accredited Program Exams Requirements

See Article by Jason Zweig and Mary Pilon

Accredited financial analyst master financial planner certified asset manager portfolio manager chartered designation credential Accredited financial analyst master financial planner certified asset manager portfolio manager chartered designation credential


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