Is there a state or federal law that requires investment advisers to have
While some states require that investment advisers pass a proficiency exam
or meet certain requirements, there is no law that says they have to have
credentials. You will often come across investment advisers that have
credentials, such as Certified Financial Planner (CFP) or Chartered Financial
Analyst (CFA), but again these are not requirements.
Before you entrust your investment portfolio to a professional, make sure
you are aware of his or her background and experience. You can view a
list of things you should know about your investment adviser, by reading
our article, What Do You Really Know About Your Investment Adviser?
Our law firm represents investors nationwide in securities arbitration
and litigation. If you believe you have lost money due to
investment fraud, contact an experienced
securities fraud attorney at our office for a free case evaluation by calling toll-free (888) 390-6491
or filling out our
Watch the video below to hear Attorney Courtney Werning explain more about