Easiest letters to add after your name

My favorite is the CFS, the Certified Fund Specialist program. You need to pass a 50 question multiple choice exam and that’s it! They actually went out of business and then came back two years later. What a joke!
 
ConvertArb Wrote:
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> John Smith, Sr.
>
> .. just takes 9 months to complete and a willing
> partner
John Smith, Jr. - 0.0 days (upon birth)
 
It never ceases to amaze me how many companies create these bogus b.s. designations. CFA was first. CFA is best. CFA will always be tops.
Willy
 
WillyR Wrote:
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> It never ceases to amaze me how many companies
> create these bogus b.s. designations. CFA was
> first. CFA is best. CFA will always be tops.
>
> Willy
CFA was the first? Well the CPA designation was created in 1896 and I’m sure that it wasn’t close to the first.
 
CFP is not easy mzwerner. Nuff said. You have to memorize tax code, estate planning techniques, corporate retirement plans, etc. You might think that you know this material, however you are humbled once you have to start memorizing all the crap. Do you have the CFP mz? I would be surprised if you did as I suspect you might have a different opinion. Trust me, having to memorize corporate benefits is not easy and you will never use it later in your career. I would argue that the CFP covers too much material for the designation as you will not need 90% of the material after you pass. However, that is true with most tests. It takes a good 12-18 months to memorize and pass the test.
CIMA (Certified Investment Management Analyst) is the easiest one to obtain however it is barely recoginized and it is super expensive. You have to spend 2 weeks at Wharton or Cal-Berkeley as pre-req to passing the exams. You do get to learn from their professors (and pay them!!) which is a nice bonus although you forget all of it after you take the exam anyways. You can obtain this in a month.
 
im a CFP and yeah its no cake walk. its not that you have to be smart to get the designation, but you have to learn to think the way the CFP wants you to. it is actually quite subjective in many areas (ie. should the client get an umbrella policy or will completed first?)
HOWEVER, they CFP is much less stressful since they offer the cum. final exam twice a year. A CFA should also be able to ace the Investments module of the CFP, which is 10-20% of the exam. IMHO, i would say the CFA is wayyy harder to get.
you should be careful of gettin the “easiest” letters after your name. they are the easiest for a reason. you may find yourself learning crap you’ll never use and thinking your worth more than what you really are cause you have some meaningless letters after your name.
 
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