If you’ve ever wondered about the Lumina Financial’s “alphabet soup” (RIA, CFP, etc.), below are some links to independent organizations who do a good job making sense of all the acronyms.

riaYes, RIA stands for Registered Investment Advisor, but it means a lot more than that. You will experience some important benefits by working with an independent RIA:

  • Tailored advice based on your goals.
  • You know what you’re paying for.
  • Advice for your complex needs.
  • A different kind of relationship.
  • You know where your money is held.

cfpThe “Let’s Make a Plan” site from the CFP Board boasts a wealth of information to help you in your financial journey: