CFP Board Director Richard Cordray agrees that designations are confusing and maintains that there is a bewildering assortment of acronyms.
Read the full article from WealthManagement.com here.
Estimated reading time: 0 minutes, 18 seconds
Consumers Don’t Understand Industry Designations
The Consumer Financial Protection Bureau is urging regulators to increase disclosure requirements for advisors because many American don’t understand the differences among the current alphabet soup of designations, reports WealthManagement.com.
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