Chartered Advisor for Senior Living (CASL)
Categories: Education, Accounting
Qualified. Bonafide. Chartered. This is a popular term for people seeking a bigger and better role in finance. So yeah...you’re not chartering a boat for big fish. You’re chartering a distinction that leads to a bigger paycheck and client base.
In this case, a Chartered Advisor for Senior Living was a designation that was discontinued in 2015 for people who advise older investors on matters of wealth management.
A lot of people might say, "Hey, I do this every day to help my parents keep track of their checkbook." Sure, but you didn’t pay the American College of Financial Services (ACFS) a bunch of money to receive the certification. After 250 to 300 hours of studying, the passing of five college-level classes, and several years of relevant work experience, those who remained took five two-hour exams and went back for more schooling every two years.
Once they passed, they were considered qualified and reputable enough to remind Grandma and Grandpa that they shouldn’t put all their money in gold coins, or take out a reverse mortgage.
