Exemptions for CFA??

Y

YAhmed

New member
Joined
Jun 18, 2026
Messages
0
Reaction score
0
HI fellows, just curious and want to know after completing the CFA do we have any exemptions ANY where?
 
I believe you do not have to write the first level of the FRM
 
dfmac Wrote:
——————————————————-
> I believe you do not have to write the first level
> of the FRM
do you want to please share the source?
 
plenty of places, mostly programs aligned with CFA. just google CFA partners programs…should give you a few
 
Additionally;
Portions of the FINRA Research Analyst license exams (basically everything that is not regulation rules etc.), the Series 65 (Investment Advisor Rep.) in some States and the CFP education requirement. I couldn’t see why anyone would want to take the CFP exam if they already have a CFA charter. Just don’t see the point. Even if one was a personal wealth planner with a CFA charter, the CFP wouldn’t add any value. Lastly, much of the CAIA Level 1 exam topics are very similar to what is covered in the CFA Ethics, Quant. and Alternative Investments LOS. Ethics is based on the actual CFA Handbook. So not a real exemption from the CAIA exam, but a huge advantage for sure.
 
Investor83,
Do you work in wealth management?
I do not, but I know people who do, as well as fee-based financial planners that feel like the CFP covers areas in estate planning and insurance planning that aren’t covered sufficiently in the CFA program.
I think in some cases it could definitely provide value depending on what you do with it. I’ve heard it’s not nearly as difficult, plus you can take it up to 3 times per year. But it seems to hold significant value in specific lines of work.
 
exempted from one of the specialist technical exams from the institute of actuaries
 
jeffsick: not quite. You are exempted from most (all? can’t remember) of the VEE requirements, but from none of the actual SOA exams.
 
Im pretty sure wikipedia has a nice list of exemptions. Just go to the CFA wikipedia page.
 
jcash,
I am not directly in wealth management, however, I do work as a sales/product specialist for a large Fund Manager and Variable Annuity Underwriter. My clients would be personal wealth managers. From my experiences, the insurance planning information in the CFP program is more on the basic side of the equation. I would recommend the CLU program if someone wanted to gain a better understanding about insurance and estate planning outside of the CFA program.
What I meant about the value of the CFP was more towards the actual value of taking the exam and earning the designation. I would suggest taking classes or self study of the CLU/CFP insurance and estate planning books. Paying the fees and taking the exam, I see as somewhat of a waste of money. After earning a CFA charter, the CFP designation will not do anything for someone in terms of getting jobs/promotions/earning more money. Learning about different topics is great. I just don’t see the value in earning the actual designation.
 
Kabaka Wrote:
——————————————————-
> jeffsick: not quite. You are exempted from most
> (all? can’t remember) of the VEE requirements, but
> from none of the actual SOA exams.
He probably meant the British Institute of Actuaries.
 
You must log in or register to reply here.
Back
Top