What is the best designation for a financial advisor?

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  • Chartered Financial Analyst (CFA)
  • Certified Financial Planner (CFP)
  • Chartered Life Underwriter/Chartered Financial Consultant (CLU/ChFC)
  • Certified Public Accountant (CPA)
  • Chartered Alternative Investment Analyst (CAIA)
  • Financial Risk Manager (FRM)

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People also ask, what professional designations might a financial advisor hold?

In this article, we’ll review these professional designations and their requirements.

  • Certified Financial Planner (CFP)
  • Certified Public Accountant (CPA)
  • Chartered Financial Analyst (CFA)
  • Enrolled Agent.
  • Chartered Life Underwriter (CLU)
  • Chartered Financial Consultant (ChFC)
  • Certified Employee Benefit Specialist (CEBS)
Moreover, which is better CFP or ChFC? The ChFC is less known than the CFP, but still stands as a distinguished certification in financial planning. An advisor with either designation can certainly give thorough advice. The biggest difference between the two is the process of becoming certified.

In this manner, should I get my CFP or CFA?

CFAs typically work more in the field of financial analytics and investing, while CFPs usually focus on financial planning with individual clients. Keep in mind that getting a CFA is also a longer process with more exams.

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