What is a CIMA?
The Certified Investment Management Analyst® (CIMA®) Certification is the only credential of its kind designed specifically for financial professionals seeking to distinguish themselves as advanced investment consultants. I was selected for the program by my firm’s management. To become a CIMA requires successful completion of the educational component followed by a passing score on the CIMA® Certification Exam. The program is offered by the University of Pennsylvania, Wharton School of Business. Today, investment professionals turn to Wharton’s program for good reason. I earned my certificate in November of 1998 and I have honed my skills through continuing education that is required to maintain my certification.
Why is it important to have a CIMA?
A CIMA works alongside the client on the same side of the table. He only receives fee compensation and as the client’s account increases in value, the CIMA also participates. Vice versa, if the account drops, both the client and the CIMA advisor earn less. So the CIMA has an incentive to field the best independent money managers. Like a manager in baseball, a CIMA must field the best players to win during the regular season and to reach the World Series.
