So now that the CFA is done, I find myself wanting to pursue something else. This is of course if I can get my wife to go along with it, which may not be possible. I work in a PWM office as a Portfolio Manager, so the CFP might be a good fit, but I feel like it may generalize our appeal. So I’m looking at the CIPM, because it seems really interesting and cool. Anyone want to comment on the value of that? Is it still too new a designation to add any value to a firm or resume?
I just wrote the 2 nd exam and I don’ think it wd add much value to a PWM role . Its more so for somebody that is doing performance measurement / portfolio analytics on the institutional side . The only reason I did it is because my boss suggested I do and ofcourse it was paid for by work . My office manages pension and endowment funds and we have external managers that manage our assets so it does help a little in my current role .
Rudeboi, How was that second exam? I’ve heard that it’s fairly difficult.
What makes it challeging is that the currriculum is put together horribly ,there are very few practice questions , even fewer examples and only 1 sample exam . Some of the curriculum consists of articles/white papers written for journals and are quite poorly written. IMO the material itself is not overly difficult especially for somebody that has been through the CFA curriculum . There is a fair bit of overlap as well . That being said I would not take it lightly , I think I did and hopefully I pass but I wd’nt be surprised if I didn’t .
I enjoyed the CAIA. While it is a bit expensive, I would imagine it is applicable in the event HNW clients want further diversification into the alternative space. This designation is too new to put the letters behind your name with any recognition, but it would serve you well in developmental learning.