Ameriprise Financial has partnered with Dalton Education to create a certification designed for those who assist members of the military and veterans.
The Certified Military Financial Advisor certification will be earned through a mix of training and learning development modules typically completed over the course of 40 to 50 hours, Ameriprise said in a press release Tuesday.
The course work will provide a deep understanding of the unique life circumstances and the benefits available to veterans, active-duty military personnel, reservists, National Guard members and their families.
The certification will be available exclusively to Ameriprise advisers through June 2024. From then on, the certification will be available to all qualifying advisers industrywide.
Rajesh Markan earlier this year pleaded guilty to one count of criminal fraud related to his sale of fake investments to 10 clients totaling $2.9 million.
From building trust to steering through emotions and responding to client challenges, new advisors need human skills to shape the future of the advice industry.
"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.
Chair also praised the passage of stablecoin legislation this week.
Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
