mickeyd
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
No, CSA does not stand for Confederate States of America. It is one of a series of phony designations that "investment advisors" attach to their names to impress the uninformed investor that they have achieved a great educational feat. It appears as though all one has to do is fork over $1200, take a test, and speak to a guy in order to be able to tack the covited CSA to your moniker.
http://www.investmentnews.com/article.cms?articleId=55721
Last month, Genworth Financial Inc. became the latest company to ban its employees and agents from using the certified senior adviser designation. In a memo to its agents which was obtained by InvestmentNews, officials at the Richmond, Va.-based insurance company cited "regulatory concerns" as the reason why the designation "will no longer be allowed on career agent business cards or marketing materials as an accepted designation" or be part of the company's bonus program.
Terry Lister, the chief regulatory officer for Waddell, said the firm's review of the designation and the materials required to obtain it "led us to believe that there wasn't enough educational substance to the designation."
Waddell, he continued, concluded that the CSA designation was "more about learning how to market to the senior market than learning how to better service seniors' financial needs."
http://www.investmentnews.com/article.cms?articleId=55721
Last month, Genworth Financial Inc. became the latest company to ban its employees and agents from using the certified senior adviser designation. In a memo to its agents which was obtained by InvestmentNews, officials at the Richmond, Va.-based insurance company cited "regulatory concerns" as the reason why the designation "will no longer be allowed on career agent business cards or marketing materials as an accepted designation" or be part of the company's bonus program.
Terry Lister, the chief regulatory officer for Waddell, said the firm's review of the designation and the materials required to obtain it "led us to believe that there wasn't enough educational substance to the designation."
Waddell, he continued, concluded that the CSA designation was "more about learning how to market to the senior market than learning how to better service seniors' financial needs."