In 2021 the Investments & Wealth Institute awarded $344,840 in scholarship assistance to 250 students through our Scholarship Fund, designed to reduce the financial barrier to entry for eligible professionals who meet the requirements to pursue advanced designations.
“I chose [to pursue] the CPWA because the candidate body of knowledge addresses all that I want to address with high net worth clients.... If a client met with me today they would know that I am qualified to provide solutions to their complex issues. I want Bowman Wealth Management to be uppermost in the minds of estate planning attorneys and CPAs when they seek RIAs to refer their clients. I want to earn the business because I have consistently demonstrated my ability to address the complex issues of the high net worth individual, by providing answers to questions requiring strategic thinking, advanced concepts, and forward-looking planning.”
“The CPWA® will be important for me and my firm as it covers all the bases, providing a full breadth of skill in addition to greater credibility. Credibility is critical to clients. As a young professional woman in finance, the CPWA® will be an immediate differentiation and help to demonstrate my knowledge, skills, and ability. I am so excited to have the opportunity to pursue the CPWA® Certification. The Scholarship expands my ability to pursue this education and grow my knowledge and practice.”
"By investing in yourself, you show up better for others. Like investors, finance professionals want to see a return on investment. I am sure if you ask someone who has obtained the CIMA certification or CPWA certification if they believe it was worth the investment (both in time and financial cost), they will likely say yes. Perhaps it does not immediately result in new AUM or additional revenue, but it certainly increases one’s knowledge base and confidence level. Just as we would expect health professionals to stay up-to-date and be well-trained as advances and discoveries in medicine are made, clients expect the same level of expertise of their financial advisors to help them navigate every aspect of their financial lives.”
“These designations not only hold you to the highest ethical standards but exemplify a person who is serious about what they do and the clients that they serve....My client base is comprised of high net-worth (HNW) & ultra-high-net worth (UHNW) individuals and families. The CPWA® hones in on planning and investment topics that are most pertinent to these types of clients. Obtaining this designation will help me continue serving these clients in the highest capacity.”
The Certified Investment Management Analyst® (CIMA®) certification is the peak international, technical portfolio construction program for investment consultants, analysts, financial advisors and wealth management professionals.
CIMA certification stands out among other financial certifications for its effective emphasis on the combination of theory and practical application.
Certified Private Wealth Advisor® (CPWA®) is an advanced professional certification for advisors who serve high-net-worth clients. It’s designed for seasoned professionals who seek the latest, most advanced knowledge and techniques to address the sophisticated needs of clients with a minimum net worth of $5 million.
Unlike credentials that focus specifically on investing or financial planning, the CPWA program takes a holistic and multidisciplinary approach.
The Retirement Management Advisor® (RMA®) program is an advanced certificate program and pathway to certification that focuses on building custom retirement income plans to mitigate clients' risks and to master the retirement planning advisory process, all within an increasingly regulatory environment.
Focused on outcomes, not expectations, the RMA certification provides advisors with practical tools, techniques, and methodologies.