Investment & Wealth Advisors (FCSI, CSWP)
You will find these people working at investment firms managing individual client portfolios. The designation Fellow of the Canadian Securities Institute (FCSI) means the individual has advanced education and experience in financial services. The Chartered Strategic Wealth Professional (CSWP) program trains people to manage the portfolios of high net worth individuals.
Investment & Portfolio Managers (CFA, CIM)
People in these positions may hold a Chartered Financial Analyst (CFA) or Chartered Investment Management (CIM) designation. The CFA and CIM programs focus on portfolio management (making the investment decisions for clients) and investment analysis. People holding these designations may manage the portfolios of individual clients, investment funds, or businesses.
Financial Planners (ChFC, CFP, PFP, RFP)
Financial planners help you create a financial plan, give advice on things like tax, estate, and retirement planning. Chartered Financial Consultants (ChFC), Certified Financial Planners (CFP), Personal Financial Planners (PFP), and Registered Financial Planners (RFP) take courses and write exams to get their designation. Financial Planners need to be registered if they sell or give advice on specific investments.
Insurance, Health, & Estate Advisors (CIP, FCIP, CLU, CAIB)
Individuals working in the insurance industry may use specific designations. Some examples are, a Chartered Insurance Professional (CIP), Fellow Chartered Insurance Professional (FCIP), and a Canadian Accredited Insurance Broker (CAIB) and Chartered Life Underwriter (CLU).
CIPs, FCIPs and CAIBs all work in property and casualty insurance (such as home or automobile insurance). A CLU works in the life insurance industry.
Mortgage Brokers (AMP)
Mortgage brokers and mortgage associates are licensed professionals who can help you negotiate and navigate the process of getting a mortgage. In New Brunswick, these individuals must be licensed with FCNB and must meet certain education requirements.
An individual with the Accredited Mortgage Professional (AMP) designation has successfully completed a national competency exam and must complete continuing education each year to maintain their designation. An AMP designation is not a licence and is not administered by FCNB.
Real Estate Salespersons
In New Brunswick, both the Real Estate Agent (the company) and the Salesperson (the individual) must be licensed with FCNB. Many Real Estate Salespersons will also use the term Realtor®, which means that the individual is a member in good standing of the Canadian Real Estate Association.