CandleFocus Glossary Editor.png)
The Accredited Asset Management Specialist (AAMS) designation is a quantitative-based professional designation with a goal of enabling financial advisors to better understand and apply sound principles of portfolio management. It is considered an Industry Benchmark in asset management credentials and is an increasingly popular qualification among financial advisors.
The AAMS certification is issued by the College for Financial Planning, a non-profit organization offering financial planning and asset-management education. The AAMS program is constantly updated and revised to ensure it stays relevant to the ever-changing field of asset management.
The AAMS certification requires the successful completion of a self-study program and a comprehensive exam that is focused on the principles of asset management. The ongoing education requirements for AAMS holders include completing a minimum of 16 hours of continuing education every two years and paying an annual renewal fee of $95.
The AAMS covers a wide range of topics related to asset management. These encompass the use of fundamental and technical analysis to inform investment decisions; constructing and managing portfolios; and understanding retirement planning, estate planning, and insurance needs. It also covers topics like portfolio diversification and the application of modern portfolio theory to the financial markets and individual portfolios.
The AAMS curriculum is designed to provide professionals with a detailed and solid understanding of the various aspects of asset management, from the basics to the most advanced topics. The certification also helps professionals understand the use of different investment strategies like growth, value, and index investing, as well as the effects of taxation and inflation on investments.
The AAMS also requires financial professionals to adhere to a strict code of ethics and have a deep understanding of the legal, financial, and ethical aspects of asset management. Additionally, the AAMS requires professionals to have a Bachelor’s degree or equivalent training and experience in the field of asset management.
In conclusion, the AAMS is a prestigious designation that is recognized in the asset management industry. It provides professionals with an in-depth understanding of the principles of asset management and prepares them for the various challenges and complexities that come with being involved in the asset management field. By meeting the rigorous requirements of the AAMS and complying with the code of ethics, AAMS holders can be confident that they are adequately equipped to manage the assets of their clients.
The AAMS certification is issued by the College for Financial Planning, a non-profit organization offering financial planning and asset-management education. The AAMS program is constantly updated and revised to ensure it stays relevant to the ever-changing field of asset management.
The AAMS certification requires the successful completion of a self-study program and a comprehensive exam that is focused on the principles of asset management. The ongoing education requirements for AAMS holders include completing a minimum of 16 hours of continuing education every two years and paying an annual renewal fee of $95.
The AAMS covers a wide range of topics related to asset management. These encompass the use of fundamental and technical analysis to inform investment decisions; constructing and managing portfolios; and understanding retirement planning, estate planning, and insurance needs. It also covers topics like portfolio diversification and the application of modern portfolio theory to the financial markets and individual portfolios.
The AAMS curriculum is designed to provide professionals with a detailed and solid understanding of the various aspects of asset management, from the basics to the most advanced topics. The certification also helps professionals understand the use of different investment strategies like growth, value, and index investing, as well as the effects of taxation and inflation on investments.
The AAMS also requires financial professionals to adhere to a strict code of ethics and have a deep understanding of the legal, financial, and ethical aspects of asset management. Additionally, the AAMS requires professionals to have a Bachelor’s degree or equivalent training and experience in the field of asset management.
In conclusion, the AAMS is a prestigious designation that is recognized in the asset management industry. It provides professionals with an in-depth understanding of the principles of asset management and prepares them for the various challenges and complexities that come with being involved in the asset management field. By meeting the rigorous requirements of the AAMS and complying with the code of ethics, AAMS holders can be confident that they are adequately equipped to manage the assets of their clients.