Title Protection
What are we doing regarding title protection
An Investment Toward Enhanced Consumer Outcomes
December, 2022
Prior to the Financial Professionals Title Protection Act (the Act) anyone could call themselves a Financial Advisor or Financial Planner. The absence of any legal or regulatory control over title use exposed consumers to risk as there were no educational or licensing requirements establishing standards for those holding out, nor safeguards for the use of these titles. The Act ensures that only those who have achieved the appropriate level of education and training, and who are members in good standing of an approved credentialing body will now be able to use the titles, Financial Advisor and Financial Planner. This is a positive outcome for consumers and the industry.
An Investment Toward Enhanced Consumer Outcomes – Professional Supplemental Title “Group Advisor”
December, 2022
The CEBS designation is a credential that is recognized for the depth and relevance of critical knowledge achieved. It draws from the GBA and RPA curriculum to build a total benefits perspective and is achieved by successfully completing all five required courses and passing a final national examination. Successful completion of the CEBS courses and passing the national examinations on each course in the program would qualify an FA or FP to use the CEBS designation and allow for the use of the Supplemental Title – FA, Group Advisor.