Financial Advisor Designations

Designation: RIS
Designation Full Title: Retirement Income Specialist, now Certified Income Specialist
Definition: The CIS designation program at IBF is an intermediate-to-advanced course on investment concepts, cash reserves, FDIC coverage, utilities, preferreds, bonds, and other income-oriented options that are of concern to your clientele. IBF’s CIS program is unique because we take taxes, academic research, real-world examples, plus investor psychology into account; and we update program content throughout the year to reflect new trends and studies.

Issuing Organization: Institute of Business and Finance
Is the designation still offered: Currently offered & recognized by the issuing organization
Is the designation still supported: 
What are the prerequisites? Bachelor’s degree or 2,000 hours experience financial services
What are the requirements to obtain the designation? 6 modules in a self study program
What type of examination is required to complete the designation process? 3 proctored online exams and a case study
Is there any ongoing continuing education or other requirements to maintain the designation? 30 hours every 2 years
Where can you check if someone has the designation and if it’s current? No
Does the designation have a complaint process and if so, where can it be found? Yes,
Is there a published list of disciplined designees and if so, where can it be viewed? Yes,
Who is the accreditation through? None
Recommended for: Financial Advisors
Code of Ethics or Ethics Course? Yes,
Length of Time For Completion: 15w