Sunday, April 21, 2013

Seniors, Beware of the Alphabet!

According to Bucks, seniors must beware of financial advisers bearing a bewildering assortment of letters after their names. More than 50 combinations are in use, according to the Consumer Financial Protection Bureau. Here are 46:

AEP, APA, APR, ARA, ARPC, ARPS, BCE, C(k)P, CAPP, CES, CEP, CFG, CFP, CHFP, CIS, CPC, CRC, CRFA, CRP, CRSP, CSA, CSEP, CWPP, CASL, CEPP, CHC, CLU, CRPC, CRPS, CSFP, CTEP, MCEP, PRPS, PRP, PPC, QKA, QFP, QPA, QPFC, REBC, RFC, RFP, RP, RICP, RMA, RPA

How many can you identify? If you need a cheat sheet, see Appendix B of the CFPB report.

No comments: