Those who wish to take the examination are required to have three years of experience both in the investment industry and in tax planning and preparation. The exam, which contains 100 multiple choice questions with a four hour time limit, tests for a knowledge of practices relating to the financial aspects of retirement including trusts, financial and tax issues, and asset protection and management. The examination also requires applicants to demonstrate an ability to put together a portfolio for a retiree.
The certification has been approved by American Equity Insurance Company and LPL Financial as well as many more, and is in the process of becoming accredited by the Institute for Credentialing Excellence.
About the Author:
Darcy Bergen is President of Clear Solutions for Seniors, a financial advisory company for seniors which offers help with retirement planning, tax management and more. Darcy Bergen is a Certified Retirement Financial Advisor.