CPWA Certification Leads to Greater Advisor Confidence and Success According to Latest Aite Study

Posted by Admin on Mar 26, 2018 6:00:00 PM
Advisors who’ve earned a Certified Professional Wealth Advisor ® (CPWA ®) certification earn nearly four times the assets per client than non-CPWA practices. That’s according to a recent study conducted by the Aite Group, which attributes the certification to superior levels of knowledge and success.

The study, “ Building High-Net-Worth Knowledge Through the CPWA Certification,” gathered input from 436 advisors, including 77 with a CPWA certification. When asked about the benefits of their certification, more than 65 percent reported that it had significantly improved client trust, as well as their knowledge and confidence of investment management.

On average, CPWA advisors have 2.9 years of experience more than non-CPWA advisors, suggesting a credibility and expertise clients can rely on. Most importantly, this is demonstrated by revenue generated, as practices with CPWA professionals have shown over the last 12 months to earn 43 percent more than non-CPWA practices.

CPWA advisors also show high levels of achievement when working in teams. Seventy-six percent of CPWA practices are team practices, and the average CPWA team practice manages $438 million in client assets, generating over $2.1 million in revenue. These teams are highly credentialed, with 79 percent of CPWA team practices holding CPWA, CFP® and CFA designations, and 64 percent of CPWA practices having more than one CPWA professional on staff.

The Certified Private Wealth Advisor ® certification is designed for seasoned professionals who seek to best address the needs of their clients. By offering Ivy League quality education coupled with practical tools and techniques designed to help practitioners differentiate themselves in a highly sophisticated marketplace, the CPWA certification provides advisors the confidence they need to produce the most informed, and effective solutions for their clients.

http://investmentsandwealth.org/cpwafor CPWA certification today to better serve your clients.


Welcome to The Institute Blog:  Investment Sense - Advanced analysis for today’s savvy advisors

Investment Sense provides expert thinking on the relevant topics that impact your business along with  updates from the Institute that will keep you up to speed on important happenings at your professional association. Industry experts—practitioners, academics and economists—will provide the latest thinking on today’s important topics, and you’ll hear from Institute volunteers and staff on association news that impacts your membership and certification.   


Subscribe Here!

Recent Posts

We encourage you to read the latest posts, share content with colleagues and peers, and let us know what you think. You can comment on a blog post or email us at communications@i-w.org with feedback.

Have ideas for future topics or interest in submitting a blog post? Email us at communications@i-w.org to let us know.