Title/Designation vs. Registration  or Licence Status

Understanding the difference between a person’s title or designation and their category of registration or licensing is very important.  While many different titles can be used, it is the category of registration or their category of license that will tell you what a person is allowed to do.

The list below provides some common job titles found in the Canadian financial services sector and some commonly held designations associated with them. These designations – or the use of “advisor” in a person’s title – do not mean a person is registered or licensed to sell or give advice on specific investments or insurance products. They indicate what kind of education or experience a person has.

The FCNB does not endorse any designation or profession. You should always verify the person’s qualifications before seeking advice. It is critical that you check an individual’s registration or licence status, and the types of products or services they are registered or licensed to sell.

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