Organizations, Certifications, and Other Letters after Your Name

CFP, CFA, FINRA, NAFPA and many other abbreviations often pop up when you deal with someone in the financial and investment business. What they mean or what they do can get very confusing and all sound very professional to you, the investing consumer. Let's see if we can help straighten things out.

Most organizations are designed to help and advocate for the client. Let's take NAPFA is the National Association of Personal Financial Advisors. It is their mission to educate consumers about client-centered financial planning rather than the biased commission driven advice of brokers and salespeople.

Sounds great, right?

However, these groups and other abbreviations you may see on advisors' business cards do not provide any assurance that you are going to have better results.

Remember, the key to your financial success comes from having a program designed to fit you and have a good understanding of the strengths and weaknesses of your plan!

To hear the Smart Money Radio Show segment focused on this topic, Please Click Here! (about 7 minutes long)


To hear the full Smart Money Radio Show where Bruce discusses this topic and more, Please Click Here! (about 25 minutes long)