Decoding Financial Advisor Designations
When selecting an advisor, you’ll likely encounter a lot of acronyms and abbreviations that seem to blend together. What do they all mean? What’s the difference, anyway?
According to the Securities and Exchange Commission (SEC), “a financial professional may use various titles whether or not he or she is registered or licensed with a regulatory authority.”¹ It’s important to know that titles like “Wealth manager,” “Financial planner,” and “Financial advisor” are marketing tools rather than professional qualifications.