Here is a good piece on what the CMT is all about: http://www.sfomag.com/homefeaturedetail.asp?ID=-1398655077&MonthNameID=November&YearID=2006
RAwannabeCFA Wrote: ------------------------------------------------------- > FrankArabia Wrote: > -------------------------------------------------- > ----- > > RA, i can’t agree with you more. I have guys > > working with me in Discount Brokerage who have > > CFAs. > > The fact that the there are CFAs working in > Discount brokerage offices…Makes me sure the > designation is headin towards meaning almost > nothing. Its understandable though. The market will price the CFA. Its those that got it before that got excess premium. The market is not really that efficient when valuation is a key issue. But at the same time, these guys, at least some of them, can’t care less. i think they just did it because they thought someone was going to give them a job.