Alright gents, quick opinion how valuable is a WMCP & Chfc designation

Currently finishing off my finance degree wondering if it’s worth it before achieving a CFP & CFA

More context I aim for more roles in wealth & assets management or commercial / institutional investments either states side or Latin American, speak Spanish Portuguese.

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Since you’re just asking the gents, I’ll save my thoughts to myself.

likefunny

My thoughts exactly lol

Concentrate on the CFP and CFA. ChFC is an antiquated designation that you see with insurance sales. If you are planning on a more institutional/buy side oriented career, go for the CFA (and wouldn’t worry about doing the CFP). If you are shooting for a more private wealth oriented career, go for the CFP (wouldn’t worry about the CFP if you end up going into a buy side career track). By the time you have completed the CFA, you’ll probably have a better grasp on where you want your career to go from there.

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Solid advice I appreciate it! Thank you

I'm in wealth management... If you want to be an administrator for for a CFP or CTFA and if you want to be in investments go for CFA. Very solid on resume. Both CFP and CFA are applicable outside of wealth as well.

Carry the CFA and ChFC. The market you work in affects the value you will get out of these in terms of how applicable the curriculum will be to your job. Wealth Management is very generalized area. ChFC is a more comprehensive program the American college has just not marketed as aggressively as the CFP board. ChFC is all the coursework of CFP plus 2 additional capstone courses. Just go to the websites and compare differences, some uninformed opinions on here.

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