Monthly Archives: November 2013

CFP? CFA? ChFC? Huh??

Sandy Balick of Consensus Point Mediation LLC ( provides some guidance on choosing a financial advisor.So you’ve read the recommended readings in my last blog and it’s time to move forward with a plan. Often, this will entail working with a broker, investment adviser, etc. You probably discovered there are many out there and, should you wish to work with one, how do you go about the daunting task of selecting one?

The names on the cards of many of these counselors are frequently trailed by certain initials. They are intended to convey that the individual has been certified, usually after having taken specialized education and testing, to have a certain additional financial expertise. Common designations include the CFP (Certified Financial Planner), CFA (Chartered Financial Analyst), and the ChFC (Chartered Financial Consultant) to name but several. (Go to Investopedia to learn more about these and other popular designations.)

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