The College for Financial Planning has unveiled a new planning designation that it says is aimed at advisors working with high-net-worth clients, bringing the number of planning designations that it offers to six.
The Accredited Wealth Management Advisor designation covers 15 topics, including risk management and investment issues, income tax and executive benefit plans, and estate planning for high-net-worth clients, according to Holly Skarda, the College's senior vice president of business development.
There are no prerequisites to earn the designation. Candidates must complete self-study coursework in each of the 15 topic areas and pass a multiple-choice exam. The online test covers more than 80 questions and takes about two to three hours to complete.
The cost to get the designation is $850, including all study materials and the exam. For information, call (800) 327-9990 or visit www.fp.edu.
