Learn Your ABCs Before Hiring a Financial Advisor
Make sure you know what all those credentials mean before seeking help with your finances.
Make sure you know what all those credentials mean before seeking help with your finances.
Note: This article is part of Morningstar's November 2013 Investor Starter Kit special report. An earlier version of this article appeared June 4, 2013.
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?