2.4 • 671 Ratings
🗓️ 24 March 2022
⏱️ 35 minutes
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0:00.0 | Have you ever wondered what the random alphabet soup of letters is after some financial |
0:04.4 | advisors' names? |
0:05.7 | Well, I'm about to break them all down in this, the 15th episode of the Retirement Planning |
0:09.2 | Education Podcast. |
0:14.2 | Welcome to the Retirement Planning Education Podcast, where you can learn all about |
0:18.5 | IRAs and Roth IRAs, employer retirement plans, taxes, social |
0:22.9 | security, Medicare, portfolio withdrawal strategies, annuities, estate planning, and much more. |
0:28.9 | And now here's your host, Andy Panko. |
0:31.6 | Welcome, everybody. Thank you for listening, as always. We got another fun one today. This one's |
0:37.0 | also a little different than the typical |
0:38.9 | retirement planning focus content that I often do. Today, I want to discuss and explain a lot of the |
0:47.1 | seemingly random letters you'll often see after many financial advisors' names. These letters denote voluntary professional designations |
0:58.0 | that the advisor has chosen to get. In most, if not all cases, these things aren't required. |
1:04.1 | They're not licenses. They're not any specific regulatory requirement per se. It's really just a voluntary designation that the advisor |
1:12.9 | chose to get to demonstrate he or she has some sort of additional level of knowledge or testing |
1:18.5 | or background in a certain topic or topics. So it's not retirement specific, but I will mention |
1:25.4 | some designations that are retirement specific, but these letters in |
1:27.9 | general aren't specific to retirement. The reason why I'm bringing it up is a lot of people in or near |
1:33.4 | retirement are often in a prime position to want or need financial assistance from an advisor. |
1:41.6 | So often retirees will come across advisors and you'll |
1:46.3 | likely see a bunch of letters after their names. So hopefully this episode will help make sense of that. |
1:52.2 | And special shout out to Kevin Liles who recommended this topic to me. And thankfully did. I think |
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