ABCs

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Everyone on the Perspective team has higher-education degrees in business and finance. A number of us also have earned various industry-specific professional designations and licenses. Collectively, our professional experience and education benefits every one of our clients. Here’s a quick refresher on our professional designations and what they mean to you.

Financial Industry Designation ABCs

RIA: Registered Investment Adviser (RIA) is an investment adviser registered with the Securities and Exchange Commission or a state’s securities agency. An RIA must adhere to a fiduciary standard that requires them to act and serve a client’s best interests with the intent to eliminate, or at least to disclose, all potential conflicts of interest.

CFP: The Certified Financial PlannerTM designation is recognized as the highest standard in personal financial planning. These professionals have completed extensive training and experience requirements, are held to rigorous professional and ethical standards, and have agreed to career-long continuing education.

AIF: The Accredited Investment Fiduciary® designation is administered by the Center for Fiduciary Studies and given to those who successfully complete a specialized program on investment fiduciary standards of care, pass a comprehensive examination, and abide by a strict code of professional ethics.

CMFC: The Chartered Mutual Fund CounselorTM is the only industry-recognized mutual fund designation. The program is the result of collaboration between the College for Financial Planning and the Investment Company Institute, the primary trade association for the mutual fund industry. It provides a thorough knowledge of mutual funds and their various uses as investment vehicles.

CFA: The Chartered Financial Analyst® is a graduate-level self-study program that combines a broad curriculum with professional conduct requirements to provide a strong foundation of advanced investment analysis and real-world portfolio management skills.