Credentials and designations behind an advisor’s name can be impressive and may be the deciding factor in choosing a professional for your financial planning, investment, or tax planning needs. However, there is an alphabet soup of credentials and designations that “financial advisors” and “tax practitioners” can obtain for marketing purposes.
The requirements for obtaining these designations vary greatly, some take one weekend and others take years to get. Some require a college degree but many do not. The good news is that it is easier than ever for the general public to research these credentials and designations on the internet. We encourage prospective clients to check the requirements of any designations that their financial services or tax professional has obtained.
Do your current financial professionals have meaningful credentials, training, and experience?