Retirement Management AnalystSM Designation:
Created to Help Financial Advisors Achieve the
Highest Level of Success in Providing
Retirement Income Solutions
To achieve the highest level of success in providing retirement income solutions to clients, financial advisors
must go beyond today's conventional wisdom to embrace a new and much more complete process.
Capitalizing on RIIA's unique "View Across the Silos" perspective, the cutting
edge RMASM designation is a rigorous educational and ethics training curriculum that focuses
on building the retirement plan to mitigate risks and mastering the advisory process. For the complete details about
the RMASM designation, please review the
Manual for Compliance Officers.
RIIA congratulates its RMASM
Kerry Pechter, Editor of
Retirement Income Journal, offered his view on three
things that characterize RIIA and the birth of the new designation, the Retirement Management
The Retirement Management Analyst
Value, Opportunity, Vision
Prerequisites or experience required to obtain the RMASM
In general, RMA candidates already have demonstrated knowledge and experience in the practical application of basic retirement planning and investment principles. Typically, we would look for at least three (3) or more years experience as a financial advisor working with clients broadly on retirement and non-retirement portfolios, or comparable experience in the financial services industry directly involved in the retirement and investments business. Holding various FINRA registrations, e.g. series 7, 24, 63, 65, or 66, as well as other designations, e.g. CFA, CFP, etc. will all be considered as evidence of prerequisite knowledge.
Candidates for the RMASM designation must:
Pass a RIIA Approved Education Program such as:
Sit for and pass the RMASM Examination.
Complete the RMA application and certify that the information in the application is accurate. Further, candidates must certify that they have not been fined nor sanctioned from practicing in the financial services field by any state or federal government, regulatory authority, by any industry self-regulatory body or by any employer.
Pay the initial RMA certification fee of $395, which includes the annual certification fee, plus the one-time examination fee. Subsequent annual certification fees are just $295, which includes an eSubscription to the
Retirement Management Journal (RMJ).
Three Universities Now Support Preparation for the RMA Designation:
Retirement Management Program
at Boston University's Center for Professional Education (BUCPE). The BUCPE program is a 5 week interactive web-based curriculum offering the flexibly to take the class when and where you want within the semester dates. The cost is $1,295. The next course is
Contact BUCPE directly for scheduling and more information
or call 1-800-329-4996.
Texas Tech University offers a 5-day in-class
Customized Retirement Mangement Seminar that includes lectures and lab assignments.
The class is offered in Lubbock, TX on the TTU campus and runs Monday morning through Friday with the course exam on Saturday
morning. The cost is $1,975 (includes hotel Sunday - Friday nights).
For more information, contact
Salem State University (Salem, MA) offers a 5-day in-class intensive seminar during the summer (view brochure). The cost is $1,575 and includes refreshments and lunch. On campus lodging is available for an additional fee. Contact Salem State University,
Professional and Community Enrichment Programs for more information
or to register.
Upon successful completion of the RMASM program, graduates receive the following benefits:
Free subscription to the Retirement Management Journal
(pdf) to keep current on RMASM Continuing Education requirements
Deeply discounted registration to RIIA conferences
Discounted full individual membership in RIIA.
For more information...
Eligibility to join the Practitioners Peer Review Committee for the Retirement