Important Information About the Certified Fund Specialist® (CFS®) Designation: A Certified Fund Specialist® learns criteria such as alpha, beta, correlation coefficient, first-auto correlation, R-squared and standard deviation that should be incorporated in the selection process. With mutual funds training, a Certified Fund Specialist® can evaluate and compare financial measurements and benchmarks when constructing a portfolio. Candidates of the CFS® program must meet one of the following requirements: (1) a bachelor's degree or (2) one year of financial services work experience. In addition, CFS® candidates must complete 30 hours of continuing education every two years.
Important Information About the Chartered Retirement Planning Counselor℠ (CRPC®) Designation: The Chartered Retirement Planning Counselor℠ (CRPC®) program is issued by the College for Financial Planning and focuses on a course of study encompassing pre- and post-retirement needs and issues related to asset management and estate planning. Although the CRPC® program requires no prerequisites, Candidates must complete a final designation exam that is online, closed-book and proctored. Additionally, Candidates much complete 16 hours of continuing education every two years.
Important Information About the Chartered Mutual Fund Counselor℠ (CMFC®) Designation: The Chartered Mutual Fund Counselor℠ provides candidates with a thorough knowledge of mutual funds and their various uses as investment vehicles. The case studies used throughout the course—presenting client scenarios and pointing out opportunities for candidates to make the most of these popular investments—provide insight into effective use of these investment vehicles. There is no prerequisite or experience required for this designation. Candidates must pass a final designation exam which is online, closed-book and proctored. In addition, a Chartered Mutual Fund Counselor℠ must complete 16 hours of continuing education every two years.
1The 2019 Top 50 Independent Advisory Firm Ranking issued by Barron’s is qualitative and quantitative, including assets managed, the size and experience of teams, and the regulatory records of the advisors and firms. Firms elect to participate but do not pay to be included in the ranking. Investor experience and returns are not considered. The 2018 ranking refers to Edelman Financial Services, LLC, which combined its advisory business in its entirety with Financial Engines Advisors L.L.C. (FEA) in November 2018. For the same survey, FEA received a precombination ranking of 12th.
2InvestmentNews ranking and status for 2019. For independence methodology and ranking, see InvestmentNews Center.
3The Financial Times 300 Top Registered Investment Advisers is an independent listing produced annually by the Financial Times (June 2019). The FT 300 is based on data gathered from RIA firms, regulatory disclosures and the FT’s research. The listing reflected each practice’s performance in six primary areas: assets under management, asset growth, compliance record, years in existence, credentials and online accessibility. This award does not evaluate the quality of services provided to clients and is not indicative of the practice’s future performance. Neither the RIA firms nor their employees pay a fee to the Financial Times in exchange for inclusion in the FT 300.
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