http://online.wsj.com/article/SB10001424052748703927504575540582361440848.html
Really, CFA lumped in the same category as CFP? CPA I can understand, but not CFP.
Some of these are really sketchy… 3 Dimensional Wealth Practitioner (seriously, wtf is this?) Certified Christian Insurance Advisor Certified Workplace Money Coach
ohai Wrote: ------------------------------------------------------- > Some of these are really sketchy… > > 3 Dimensional Wealth Practitioner (seriously, wtf > is this?) > Certified Christian Insurance Advisor > Certified Workplace Money Coach i feel like i could write these titles on the back of a denny’s placemat, frame it, and be more qualified than someone who actually has it. this was a good read -> http://www.lfeinstitute.com/CWMC-CertificationSyllabus.pdf i enjoyed the part about understanding money fraud and how to save for weddings because having passed these tests you will have been frauded and will go through many weddings.
DRCC - Dave Ramsey Certified Counselor Really…
Jason Zweig is the editor for Graham’s “The Intelligent investor” ???
Tough to get an idea of rigor without pass rates - saying that the CPA requires passing a 14 hour exam doesn’t tell you anything. Also, the link showing the list of credentials doesn’t list a work experience requirement for the CFA, which anyone coming out of undergrad can attest to the importance of. Classroom learning helps speed up the learning curve, but I don’t care how many credentials someone has if they don’t have any work experience…
CSOFP - Certified Suzy Orman Financial Planner
Frankly, I’m surprised they didn’t mention how horrible some of the titles given to employees at broker/dealers are. Almost anyone working with the public (no matter what their experience level) is given a title that usually implies qualifications far beyond what they’ve actually done. i.e. You graduate college and go work for any firm as a broker (top or bottom tier, doesn’t matter). You have no experience working in personal/retail finance. Doesn’t matter; you are no longer a ‘broker’ - you’re a (combine any two or three): financial retirement expert planner representative investment consultant wealth specialist I understand that firms view it as good marketing, but I wouldn’t tolerate someone slicing open my abdomen to take a look if he had the title of “expert medical advice specialist”. It’s only due to ignorance around certifications that this crap persists. -Supersadface, financial expert consultant wealth planner specialist (FECWPS)