What to Look For in a Fed-Focused Financial Advisor

1.) ChFEBC: Chartered Federal Employee Benefits Consultant

Specifically designed for financial advisors who specialize in working with Federal Employees. Serving Those Who Serve currently employs over 25% of the active ChFEBC designees in the Greater Washington, DC area.

(source: ChFEBC directory)

2.) Advisors who Follow a Fiduciary Standard

This ideal goes beyond the long held, financial industry suitability standard and the new best interest standard as a result of 'Regulation Best Interest' passing recently.

3.) CFP®: Certified Financial Planner

This is the most widely recognized designation for financial advisors. About 23% of financial advisors hold the CFP® designation.

(source: CFP.net and DataUSA).

4.) AIF: Accredited Investment Fiduciary

Applies the fiduciary standard specifically to investments. Only about 3% of financial advisors hold the AIF designation. Transparency and disclosure of fees and investment strategy are hallmarks of the AIF code of ethics.(source: Fi360 and DataUSA).

Fed Focused FInancial Advisor