Learn Your ABCs Before Hiring a Financial Advisor
Make sure you know what all those credentials mean before seeking help with your finances.
Question: In shopping around for a financial advisor, I often see acronyms such as CFA or CFP after their names. What do these stand for and how do I know which are most important?
Answer: Seeking the help of a financial advisor can, at times, feel like wading through a bowl of alphabet soup. The list of acronyms that advisors typically attach to their names on websites and business cards may mean little to those unfamiliar with them. But if you're going to turn to a financial professional for help, you'll need to decode this series of letters to find an advisor that's a good match for your needs.