View Full Version : What can I do as an FMA?
DonFold
May 23rd, 2008, 01:50 AM
Just completed my FMA (Financial Management Advisor) designation from the Canadian Securities Institute, and not really sure what options are out there...pretty content with my job for now, but I know I can do better...
Going to finish my CFP later this year and start the CFA as well.....
Does anyone from the financial industry have any suggestions?
skeletor
May 23rd, 2008, 08:17 AM
Full Metal Alchemist :D
sorry
/leaves
DonFold
Jun 5th, 2008, 09:38 PM
lol...anyone have any other suggestions before I go and learn Alchemy?
Thalo
Jun 6th, 2008, 11:57 PM
Yeah, get a real designation, haha! j/k, I'm actually planning on getting the FMA soon too, just so that I have something to show for all those dam CSI courses I took. You need a designation on your business card that potential clients have heard of though, like CFP.
maniacshopper
Jun 7th, 2008, 09:47 AM
I've heard of the CFP and CIM for a while.
The new designations like FMA, DMS are fairly new. Not sure if they are worth anything. But get a designation from CSI will qualify you for FCSI.
IMO, it's just a cash cow for them, to lure people to get a title to differentiate from other job seekers.
There is value, but maybe someone from HR in the financial industry can shed some light.
DonFold
Jun 7th, 2008, 09:23 PM
Lol...on the path to finishing the CFP this year and CFA level one by the end of this year....also...one more exam to finish my CIM as well...but not seeing much value in these courses yet...can anyone else shed some light?
Thalo
Jun 8th, 2008, 11:38 AM
Lol...on the path to finishing the CFP this year and CFA level one by the end of this year....also...one more exam to finish my CIM as well...but not seeing much value in these courses yet...can anyone else shed some light?
What career are you or do you want to be in? CFP is good to have if you're a financial planner/investment advisor, want to plan people's finances and sell them investment products directly. CFA and CIM will qualify you as a portfolio manager, if you want to manage the daily activity in a high net worth clients' stock portfolio.
My suggestion, if you want to be in retail investing (financial planner/advisor), don't bother with the CFA, it's not worth all the trouble. FMA is also more applicable in that situation than CIM.
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