FINRA lists over 200 professional designations and 10 accredited designations used by the financial representatives it oversees. They cover nearly all manner of specializations, from retirement income management and divorce planning to money coach and business exit planning.
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The primary reason advisors pursue a professional designation is so that the knowledge gained can help them better serve their clients. An indirect outcome of obtaining that professional designation is that it can add to an advisor’s credibility among his or her clients and the investing public at large. The degree to which these designations may add credibility rest on several factors.
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