Alphabet Soup

Alphabet Soup -
CPA, JD, MSFS, MSM, CLU, CHFC, CFP, RFC, CFA, SGCH, RHU, FSS, RICP, CASL, CAP, and the list RIA REBC keep on going. No wonder you (and me) are confused. So what should you look for designation when seeking to work with an agent or a professional counselor? It all depends on what you want to accomplish
Let's review some of the names most commonly recognized
CLU - Chartered Life: .. If you deal with life insurance and related products such as insurance for long term care, disability insurance or annuities, this is the only one looking. A CLU has completed a series of eight college courses requiring 16 hours of examinations on topics such as risk management and estate planning. A CLU is a specialist insurance
CFP - Certified Financial Planner: .. This specialist is trained in comprehensive financial planning, which requires a series of seven tests
ChFC - Chartered financial Consultant: This is similar to PCP with training in overall financial planning. This designation requires the same work that the CFP course and two choices as compensation or executive macroeconomics
Underwriter Training Council Fellow LUTCF- life. This certification, which requires the completion of six courses, combines the knowledge of essential products with the basic planning concepts
ULR - Registered Health Underwriter :. the RHU requires completion of four courses on group and individual health insurance. This designation is a first degree in the health insurance market. If you have questions about health insurance, the ULR is the professional expertise.
If you want to know more about these and other professional designations, go to the American College.
If you are looking for an agent or adviser to help you, you can start here, with the LIFE Locator agent. Everyone is listed members of their professional organization, the National Association of Insurance and Financial.