Curated News
By: NewsRamp Editorial Staff
April 10, 2024
Investments & Wealth Institute Announces Updates to CIMA Certification Program
Discuss on RedditTLDR
- CIMA certification provides a competitive advantage by equipping wealth professionals with advanced investment knowledge and skills.
- CIMA certification updates include changes to learning requirements, curriculum, and exam, reflecting advancements in wealth management practices.
- CIMA certified professionals contribute to prudent investment decisions, providing objective advice and guidance to individual and institutional investors, making the financial world more ethical and competent.
- The CIMA certification program updates reflect the latest advancements in investment practices, ensuring professionals remain on the leading edge of technical portfolio construction and risk management.
Impact - Why it Matters
The updates to the CIMA certification program are important for financial advisors and wealth management professionals, as they reflect the latest advancements in the industry and ensure that certified professionals are equipped to meet client objectives and outcomes as fiduciaries. The changes, based on a thorough job task analysis study, demonstrate the Institute's commitment to maintaining the certification at the leading edge of technical portfolio construction and risk management, ultimately benefiting clients and the industry as a whole.
Summary
The Investments & Wealth Institute is making updates to its Certified Investment Management Analyst® (CIMA®) certification program, including changes to the learning requirements, curriculum, and exam. The changes reflect the latest advancements in the industry and are based on a job task analysis study conducted with HUMRRO. Notable updates include increased focus on alternative investments and private markets, portfolio construction, and investment implementation approaches.
Certified professionals are equipped to prudently assemble, evaluate, and manage portfolios that meet client objectives and outcomes as fiduciaries, with fewer than 3% of advisory professionals having earned and maintained the certification. The changes will go into full effect on August 1, 2024, and have been designed to ensure the CIMA certification remains on the leading edge of technical portfolio construction and risk management.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Investments & Wealth Institute Announces Updates to CIMA Certification Program
