#548 - Financial Advisor Certifications - What They Mean for You
If you’ve ever searched for a financial professional you may have seen an endless string of letters after their names. Trying to figure out the financial advisor alphabet soup is exhausting.
One listener threw his hands up and asked me what all those letters mean. On this episode, we’ll explore the meanings behind those designations and discuss what they mean for you.
Understanding the advisor alphabet soup
Financial designations are the Wild West of accreditations. While some represent legitimate rigorous coursework, others are just for show.
Some quality designations recognized for their high-quality coursework include the CFP, CFA, CHFC, CLU, and CPA. While each designation focuses on specific areas, you can feel confident knowing that your financial professional has these beyond their name.
If you’re looking for a retirement professional ask if they have the RMA or RICP.
How many of these acronyms are you familiar with? Listen in to hear what each of these acronyms means.
OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN
LISTENER QUESTIONS
[5:47] Understanding the financial advisor alphabet soup
[20:24] Which designations are more important for you
[22:58] Does it make sense to pay off the mortgage
[31:35] On using a recast to pay off your mortgage
ROCK LIFE WITH DR. BOBBY
[36:08] How weight relates to health
[39:40] Intermittent fasting benefits
[45:41] Intermittent fasting dangers?
[52:00] On understanding science news articles
TODAY’S SMART SPRINT SEGMENT
[1:00:47] Go have fun!
Resources Mentioned In This Episode
Live Long and Well with Dr. Bobby
Roger’s YouTube Channel - Roger That
BOOK - Rock Retirement by Roger Whitney
Roger’s Retirement Learning Center