Jill on Money with Jill Schlesinger The Future of Wealth Management Part One
Dec 14, 2024
Marg Franklin, CEO and President of the CFA Institute, joins to discuss the evolving landscape of wealth management. She highlights the importance of professional designations and ethics in financial advising. The conversation dives into the challenges of attracting new advisors and the factors driving a major wealth transfer. Marg also emphasizes the critical fiduciary duties that advisors must uphold, ensuring clients receive trustworthy guidance in a complex financial world. This insightful dialogue sheds light on the future of financial services and professional development.
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CFA Institute Overview
- The CFA Institute champions ethical education and professional excellence in the investment industry.
- It's known for the rigorous CFA program, covering all aspects of the investment ecosystem.
Choosing Designations
- Jill Schlesinger's business partner suggested she pursue either a CFA or CFP designation.
- Her sister faced a similar choice between an MBA and CFA, opting for the perceived easier MBA.
CFA's Investment Focus
- The CFA designation, with its rigorous focus on investing, attracts individuals inclined towards portfolio management.
- Jill highlights the program's intensity and how it is suited for those dedicated to the investment side of finance.