Robert Domanko HSBC Securities1895970
Financial Professional Designations: What can They Mean?
Financial Professional designations more often than not demonstrate a commitment to review, education and ongoing training. However, it might be confusing to be aware of the lexicon in the financial industry. This tip sheet is supposed to give a very brief, abbreviated definition of various financial services designations. Please be aware being licensed particularly area or field will not constitute a high level designation. It merely ensures that their state when the license is held allows the face to sign up inside the areas that they are appropriately licensed.
Designations: (NOTE:This can be just a partial list of designations available to financial professionals.)
CAP: Chartered Advisor in Philanthropy provides graduate level education in charitable giving. Individuals who have earned this credential may provide help with planning tools and methods to achieve philanthropic and wealth management goals through contributions of non-public property, charitable remainder trusts, charitable lead trusts, pooled income funds, charitable annuities, life insurance uses, etc.
CASL: Certified Advisor for Senior Living designees' has completed educational coursework focused on working together with mature clients and the ones retirement planning. CASL's have studied knowledge to help their potential customers with important investment, medical health insurance, retirement and estate planning decisions.
CDFA: Certified Divorce Financial Analyst has completed education specific to the needs of couples under-going a divorce as well as the financial ramifications of the event. Designees can offer a knowledge of marital versus personal property, tax issues, financial values, provide advice about attorneys, which help cook a divorced individual with the proper planning to protect what you now own and also to prepare for financial independence. Robert Domanko HSBC Securities CFP: Certified Financial Planner Professionals have earned this well regarded designation through the completing various courses and examinations on the successful analysis and growth and development of business and personal financial plans. Education, work, and ethical requirements necessary met and satisfied to get and turn into a CFP.
ChFC: Chartered Financial Consultant designees' have finished a thorough educational program made to profit the professional with individuals, families and businesses with financial strategies to help attain financial goals and objectives, income tax reductions, improving the retirement next egg, increasing and managing investments, and raising the valuation on your estate.
CLTC: Certification in Long-term Care graduates get accomplished studies in long-term care, its needs, application, uses and varieties. The needs of the pre-retiree and retiree are examined and methods for planning in this area to construct concern.
CLU: Chartered Life Underwriter designees' have completely finished a challenging credentialed educational program. They've got studied financial solutions for people and businesses, financial security through insurance coverage, estate planning by raising the price of the estate, and ways to manage the risks of building a successful business. CLU's also have studied retention strategies for small company key personnel.
CSA: Certified Senior Advisors have completely finished coursework specific on the needs of seniors and financial services applications and techniques. Robert Domanko LUTCF: Life Underwriting Council Fellow designees' get accomplished an extensive education normally planning using a number of needs consisting of term life insurance, disability income, lasting care insurance, retirement planning, estate planning, and senior planning.
MSFS: Master of Science in Financial Services has completed one of the pinnacles of educational achievement in financial services. This educational program builds upon other designations to help the professional provide comprehensive tips on complex needs and provides further education in asset management, tax planning, estate planning, pensions, business succession, etc.
REBC: Registered Employee Benefits Consultants have completely finished education in health insurance managed care. Their education will help them in selecting the correct group benefit plan(s) to your company and retirement needs with the small business owner and employees.
RHU: Registered Health Underwriter graduates' have finished education to know all kinds of health insurance, are able to review health care insurance needs of an individual, families and employees. They may be knowledgeable to help people understand and maximum benefit from their medical insurance options. Robert Domanko HSBC Robert Domanko is a financial professional at Hsbc Securities (USA) Inc., a broker-dealer with over 2,200 registered representatives nationwide. Robert has held an industry securities registration for 12 years and is subject to FINRA oversight.