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Incentives for Morgan Stanley Advisors

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Oct 19, 2010 12:55 pm

SF- Its like this:

I am a CFA Charterholder & I am a CFP Practitioner.

So technically one would be a charterholder or practitioner of the afore mentioned designation.

Oct 19, 2010 11:22 pm

Does it actually say that in the CFP Practice Standards?

Oct 20, 2010 12:36 pm

I can't remember. There are actually two terms used with the CFP, one is a "Professional" and the other is "Practitioner". Our compliance dept requires us to use "Practitioner" for email signatures and letters but only the "CFP" designation on business cards. So I would guess they can be interchanged but it doesn't change the fact that a person can not be a CFA nor a CFP they can be "charterholders" and "practitioners" though.

Oct 20, 2010 1:37 pm

C'mon freak.  You know this is my hot button issue. 

Like when Rick Ferri referred to himself as "a CFA", I lost it and went off. 

And I think with the CFP, you are a certificant.

The reason being, is that because CFA Institute (and the CFP Board) own the designation, they are granting you a "charter" to use their designation.

And also to avoid the Kleenex effect.  After all, aren't all tissues called Kleenexes.

Oct 20, 2010 3:46 pm

The whole usage of the CFA charter is ridiculous.  You can't use it as an noun, only an adjective.  Why?  I guess it gives some an air of authority to say that instead saying I am a CFA.  Hucking fetarded.

Oct 20, 2010 8:49 pm

I will call myself a Certified Financial Planner (with the trademark sign of course) until i stop paying the $360 a year to have the right to use it (soon to be $720). Screw em

Oct 20, 2010 10:08 pm

I'm guessing CFAI won't do anything either.  Rick Ferri hasn't been sanctioned yet.

Oct 21, 2010 1:19 am

[quote=Sportsfreakbob]

I will call myself a Certified Financial Planner (with the trademark sign of course) until i stop paying the $360 a year to have the right to use it (soon to be $720). Screw em

Screw em? Sounds like they are screwing you hard if you pay em every year.  I on the other hand am not getting it as hard.  I pay every other year as I plan on getting screwed next week by em.  I assume that every year payment was a mistake or was there an agreement I missed somewhere to pay every year for an easier test?

Oct 21, 2010 4:13 am

This whole thread seems like one big fishing expedition....

That being said, I think that those of you that are anti managed futures either just haven't taken time to learn enough about them, or are too lazy for the extra work they involve.  They are the only asset class with the characteristics of lower risk and volatility, and greater return.  The two things every client desires.  Educate yourself, and you will be doing your clients a favor, and improving their portfolios.  Just my 2 cents. 

Oct 21, 2010 5:00 pm

No Bud - i didn't pass an easier test.

Yes, it was a mistake, i pay every two years, just like you

Oct 22, 2010 2:07 am

Yeah it sucks they will probably raise our CFP union dues... They will probably start requiring 50 bips on our annual gross or something like that stating we wouldn't be grossing that if it weren't for their trademarked logo after our name.  I'm sure there is a conspiracy somewhere within the board.  I wonder if we could hire Jesse Ventura to expose it all...

Feb 3, 2014 1:18 pm

This thread is kind of funny looking back on, thanks for bringing it up weird spamming lady that writes forum posts in letter form.

The OP is worried about 20 mutual fund moves over a 3 year period in a wrap account, those 3 years being 2008, 2009, and 2010?