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Top Financial Planning Credentials and Top Finance Certifications for Bankers and Investment Professionals

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A financial analyst or financial planner typically prepares financial plans for his or her clients. The kinds of services financial planners offer can vary widely. Some financial planners assess every aspect of your financial life—including saving, investments, insurance, taxes, retirement, and estate planning—and help you develop a detailed strategy or financial plan for meeting all your financial goals. Other professionals call themselves financial planners, but they may only be able to recommend that you invest in a narrow range of products and sometimes products that aren’t securities.

Wealth Managers and Financial planners may come from many different educational and professional backgrounds. If you’re considering using a financial planner, be sure to ask about their background. If they have a credential, ask them what it means and what they had to do to earn it.  If the certification holder attended a nationally-accredited business school, that is the best method of certification. If they attended an ACBSP or ABA American Bar accredited program and took the proper exams and courses, then that would be the best type of accreditation.

Some financial planners have credentials like CWM Chartered Wealth Manager ® certification or AFA Accredited Financial Analyst ®. Find out what organization issued the credential, and then contact the organization to verify whether the professional you’re considering did, in fact, earn the credential and whether the professional remains in good standing with the organization. For a helpful list of various financial industry credentials (including the name of the issuing organization and any education or experience required to attain the credential), please read FINRA’s Understanding Investment Professional Designations.

If the professional you’re considering claims to be an MFP® certified, visit the website of the Global Board of Standards at www.GAFM.com The Board is an accredited regulatory body that licenses financial planners as MFP® professionals.  You can also call the Board at www.GAFM.org   The Master Financial Planner ®  International Board of Standards also has brochures and information about their accreditation and ISO certifications.

Quick Facts: Personal Financial Advisors from the BLS.gov
2018 Median Pay $88,890 per year
$42.73 per hour
Typical Entry-Level Education Bachelor’s degree
Work Experience in a Related Occupation None
On-the-job Training Long-term on-the-job training
Number of Jobs, 2018 271,700
Job Outlook, 2018-28 7% (Faster than average)
Employment Change, 2018-28 19,100

 

Here are the Top Financial qualifications that are backed by accredited education:

 

  1. MFP Master Financial Planner ® awarded by the International Board of Standards which is a TUV Accredited and  ISO Certified 9001 and EU Accredited Body.   Anyone with a business school degree from an ACBSP or AACSB accredited school can apply for MFP if they have 5 or more courses in investments, finance, tax or economics with a GPA of 3.0 www.GAFM.org    Accreditation:  TUV Accredited and ISO Certified 29990 and ISO Certified 9001.  This body is a Charter Member of the CHEA quality standards.
  2. CWM Chartered Wealth Manager ®  awarded by the International Board of Standards which is a TUV Accredited and  ISO Certified 29990  and EU Accredited Body.    www.GAFM.com  This certification can be obtained by attending an ACBSP or AACSB Business School and taking the exams and courses or by taking the required courses at an accredited law school.  Accreditation:  TUV Accredited and ISO Certified 29990 and ISO Certified 9001. This body is a Charter Member of the CHEA quality standards.
  3. RIA Registered Investment Advisor license:  If you work in a brokerage firm, the investment division of a bank or in an insurance company, you may be required to hold a Series 7 Stock Broker license or a Series 65 or 66 so that you can charge a fee for financial planning.
  4. CRA Certified Risk Analyst ®  awarded by the GAFM International Board of Standards which is a TUV Accredited and  ISO Certified 9001 and EU Accredited Body.  www.FinancialAnalyst.org  This certification can be obtained by attending an ACBSP or AACSB Business School and taking the exams and courses or by taking the required courses at an accredited law school.  Accreditation:  TUV Accredited and ISO Certified 29990 and ISO Certified 9001. This body is a Charter Member of the CHEA quality standards.
  5. Attorney or Law License – State License – Typically somebody who has experience in Tax, Retirement Law, or Estate Planning.  www.americanbar.org
  6. Chartered Financial Manager (ChFM) awarded by the Global Academy, LA, USA.  www.FinancialCertified.com  This certification can be obtained by attending an ACBSP or AACSB Business School and taking the exams and courses or by taking the required courses at an accredited law school.  Accreditation:  TUV Accredited and ISO Certified 29990 and ISO Certified 9001. Recognized by the Arab Academy of the Arab League.  This body is a Charter Member of the CHEA quality standards.
  7. CPA Certified Public Accountant – Regulated by State Government  or AICPA https://nasba.org/licensure/gettingacpalicense/
  8. AFA Accredited Financial Analyst ®  awarded by the International Board of Standards which is a TUV Accredited and  ISO Certified 9001 and EU Accredited Body.   www.FinancialAnalyst.org  This certification can be obtained by attending an ACBSP or AACSB Business School and taking the exams and courses or by taking the required courses at an accredited law school.  Accreditation:  TUV Accredited and ISO Certified 29990 and ISO Certified 9001. This body is a Charter Member of the CHEA quality standards.
  9. Certified Financial Planner ®  awarded by the CFP Board.  No GPA requirements. www.cfp.com  Must pass the assessment.
  10. AMA Accredited Management Accountant ®  awarded by the GAFM International Board of Standards which is a TUV Accredited and  ISO Certified 9001 and EU Accredited Body.   www.GAFM.org  This certification can be obtained by attending an ACBSP or AACSB Business School and taking the exams and courses or by taking the required courses at an accredited law school.  Accreditation:  TUV Accredited and ISO Certified 29990 and ISO Certified 9001. This body is a Charter Member of the CHEA quality standards.

When hiring a financial planner, you should know exactly what services you need, what services the planner can deliver, and any limitations on what he or she can recommend. In addition, you should understand what services you’re paying for, how much those services cost, and how the planner gets paid. See a list of Top Financial Designations  Financial planners charge for their services in different ways: some charge either a fixed fee or an hourly fee for the time it takes to develop a financial plan, but don’t sell investment products; some are paid by commissions on the products they sell; and others use a combination of fees and commissions.

It is always best to seek certification from an accredited body that has either TUV or ISO certification.  Also, check if your certification body is part of the CHEA quality standards protocols.

 

Matthew Ronald grew up in Chicago. His mother is a preschool teacher, and his father is a cartoonist. After high school Matthew attended college where he majored in early-childhood education and child psychology. After college he worked with special needs children in schools. He then decided to go into publishing, before becoming a writer himself, something he always had an interest in. More than that, he published number of news articles as a freelance author on apstersmedia.com.

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A positive mindset, steering positive financial change, meet Oz Clement Knight

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Oz Clement Knight pushes boundaries as a top financial educator and entrepreneur, inspiring lives worldwide.

It is sometimes not just about feeling passionate about working in a particular field; it is more than that for a few rare professionals and business owners who strive for excellence daily, besides feeling passionate about all they choose to lay their hands on. When we saw the rise of Oz Clement Knight, who has been in the financial sector for several decades, we understood how a person needs to surrender to his aspirations and goals in life to push boundaries and steer positive change.

Oz Clement Knight is all about this and beyond. At every step in his journey, he has proved why he deserves to be called a leader in the financial realm, for he has stayed committed to taking his clients to the financial success they wish to achieve and, in the process, has reached the forefront of the industry.

He has been pioneering financial success for others through two incredible ventures, namely OHL Ventures Fund LLC and Ozmarq Holdings Ltd. The former is a Delaware series limited liability company to make venture capital and growth equity investments in diverse leading seed stage, early stage, and developmental stage and later stage private companies, with companies engaged in social media, social media, life sciences, and clean tech businesses. Through the fund, he promises to create returns for investors by helping them identify and invest in potential leading-edge companies that can later provide them with massive returns.

The latter serves as the Manager of the fund that will establish a series of funds for purchasing securities of a portfolio company/companies from a secondary source, making a separate and distinctive investment directly in a portfolio company/companies, and/or investing in the interests of investment funds, special purpose vehicles, or other entities whose portfolios consist of one or more portfolio companies.

With his years of experience and knowledge in private wealth management, investment banking, and capital markets, the financial educator, who loves spreading his knowledge among others, especially the youngsters in the field, has ensured that he offers financial services that cater to the individual needs of his clients, eventually empowering them to navigate the varied financial complexities in their journey to reach financial success.

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Dell Unveils AI-Enabled Laptops and Workstations for Indian Enterprises

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In India, Dell has introduced a new line of business AI laptops and mobile workstations. The Latitude 9450 2-in-1, Latitude 5450 business laptop, Latitude 7350 Detachable, and Precision 5490 are the four laptops that the brand has introduced.

These are premium offerings with cutting-edge features that are intended to usher in the AI era and increase employee productivity for businesses. Let’s examine the cost, features, and accessibility of Dell’s most recent laptop models.

Dell Latitude 9450 2-in-1 Price and Features

The world’s smallest 14-inch commercial PC, the Dell Latitude 9450 2-in-1 is intended for consultants, salespeople, and executives. The laptop is the only commercial PC in the world with a Zero-Lattice Keyboard and Haptic Collaboration Touchpad, and it has an InfinityEdge QHD+ display.

Moreover, it has Mini-LED backlighting, which is said to cut down on battery consumption on the keyboard by up to 75%. Starting at Rs 2,60,699, you can purchase the Dell Latitude 9450 2-in-1.

Dell Latitude 5450 Business Laptop Price and Features

The Latitude 5450 business laptop is a member of the 5000 series, featuring the Intel Core Ultra U-series processor that provides up to 10% more performance for web browsing, video conferencing, productivity, and content creation than their predecessor. Starting at Rs 1,10,999, this laptop is priced.

Cost and Features of the Dell Latitude 7350 Detachable

According to some, the most adaptable commercial detachable laptop in the world is the Latitude 7350 Detachable. It has a 3k resolution with ComfortView Plus to lessen harmful blue light, and it has a sleek and lightweight design. Starting at Rs 1,73,999 is its price.

Dell Precision 5490’s Features and Cost

A 14-inch InfinityEdge touch-enabled display with a 16:10 aspect ratio debuted with the Dell Precision 5490. Updates to the device that are enhanced by AI will increase productivity in business and industry applications. In India, it is priced at Rs 2,19,999 at launch.

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Lenovo and US Semiconductor Behemoths Collaborate on AI PCs

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Lenovo Group Ltd, a Chinese technology company, is collaborating with US chip giants like Intel Corp and Qualcomm Inc. to create AI PCs, or computers that have artificial intelligence built in, in response to the increasing demand for more intelligent productivity tools.

Lenovo said that these computers can automatically create artwork presentations and synthesize knowledge based on stored documents at the launch of China’s first batch of AI PCs in Shanghai on Thursday. According to Lenovo, they are appropriate for a variety of users, including scientists conducting research in Antarctica and elementary school pupils.

According to Lenovo chairman Yang Yuanqing, the second half of AI’s development begins when the technology moves from scientific discoveries to useful applications.

According to Yang, gathering user input and advancing AI technology via practical uses are crucial.

He emphasized the high processing demands of AI-enabled PCs and projected a world in which each person has a personal intelligent being that can be easily integrated into smartphones or PCs.

Market research company Canalys has forecast that about 48 million AI-capable PCs will be shipped worldwide this year, representing 18 percent of total PC sales, and the figure will top 100 million units in 2025 to account for 40 percent of total PC sales.

About half of Lenovo China’s PC products will be AI PCs in the upcoming quarter, according to Liu Jun, the company’s president of Lenovo China, and that percentage is predicted to reach 80% by 2024.

Lenovo’s recently released AI PCs come equipped with a large language model developed in-house by the company that can converse with users in a natural way, improving work, learning, and daily life.

According to Lenovo, AI PCs continuously enhance their comprehension and provide accurate, customized services by utilizing local user data.

During Lenovo’s meeting in Shanghai on Thursday, Cristiano Amon, the CEO and president of Qualcomm, stated via video that the PC industry is about to enter an exciting phase.

In addition, “Amon expressed his excitement about collaborating with industry titans like Lenovo to develop and jointly create the upcoming AI PC generation, which will provide users with intelligent, tailored experiences.”

He said the world is witnessing unprecedented innovation and application of generative AI at an accelerated pace, but the development is still in its early stages.

Thus far, a significant portion of the advancements in generative AI have been focused on the cloud, which will remain a crucial component. Nevertheless, Amon noted that generative AI is developing quickly and will soon be able to operate directly on a variety of gadgets, including smartphones, next-generation PCs, and even cars.

Lenovo and Intel are working together to provide AI-enhanced PC experiences and support a thriving AI ecosystem in China, which will contribute to the global AI landscape, according to Intel CEO Pat Gelsinger in a video address.

Furthermore, he highlighted how transformative computing technology is and predicted that AI-powered systems will become a necessary part of everyday life, helping with both mental and physical tasks.

The company’s recent action is a part of a larger effort by Lenovo to take advantage of AI opportunities through complete business transformation and improved R&D proficiency.

Prior to now, Yang has discussed the company’s new ten-year plan, which includes leading the AI revolution, accelerating transformation, creating jobs, growing exports, and promoting corporate social responsibility.

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