If you are referring to the ChFC in the U.S. -- In my opinion (and others that I know that are planners), it is a step below the CFP designation (which puts the ChFC far below the CFA-IMHO). I can't speak for all employers in banking and investment, but at my firm, all advisors must hold the CFP designation (prior to being hired).
Once again, not sure if we are discussing the same designation...
Edited 1 time(s). Last edit at Wednesday, August 8, 2007 at 08:24AM by planner.