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 this
Frequently Asked Questions piece.
RIIA congratulates its RMASM
certificate-holders.
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
Analyst (RMA)SM.
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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:
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Have a Full Individual Membership with RIIA.
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Pass a RIIA Approved Education Program such as the
Retirement Management Program
at Boston University's Center for Professional Education, or the
Intensive Retirement Mangement Seminar at Texas Tech University.
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Sit for and pass the RMASM Examination.
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Certify that the information in the application is accurate and that they have not been fined or
sanctioned from practicing in the financial services field by any state or federal government or regulatory authority, or
by any industry self-regulatory body or by any employer.
Fees and other requirements
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RMASM candidates must have a Full Membership with RIIA at the cost of $500 annually.
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They must enroll in a RIIA Approved Education Program such as:
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the
Retirement Management Program at Boston University's Center for Professional Education. The cost of the BU program is $1295, but there is a discounted price of $995 for the first offering of the program that begins on October 25. Students must register by October 15 to be enrolled in the October offering.
Contact BUCPE directly for more information and pricing call 866-633-9370.
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the
Intensive Retirement Management Seminar at Texas Tech University.
The cost of the TTU program is $1,975 (includes hotel accommodations).
Contact
Michael Finke for more information.
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There is also a $250 one-time examination fee payable to RIIA at the time the RMASM candidate registers to take the exam.
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RMASM candidates receive the RMASM Body of Knowledge text and access to the teaching software platform as part of their RIIA membership dues.
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The other required text, Retirement Portfolios: Theory, Construction, and Management by Michael Zwecher, published by Wiley Press, (as well as the optional accompanying workbook) must be purchased for $50 and $30 respectively and are available on amazon
(see link above) and other retail outlets
Upon successful completion of the RMASM program, graduates receive the following additional benefits:
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One free registration to the Annual Meeting and Awards Dinner held each October
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Free subscription to the Retirement Management Journal
(pdf) to keep current on RMASM Continuing Education requirements
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Eligibility to join the Practitioners Peer Review Committee for the Retirement
Management Journal
For upcoming dates, please call 1-866-633-9370.
Online Distance Learning
February 20-25, 2012,
Location: TTU, Lubbock, TX
Register Now!
View Seminar Brochure
RIIA Institutional Members Can Assign Full Individual Memberships
A powerful way for companies to sponsor a set number of people through the RMASM program
RIIA's Membership Structure allows Institutional Members to have a set number of Full Individual Memberships that they can allocate to employees and associates. RMASM candidates within the Institutional Membership structure do not pay the $500 for Full Individual Membership.
