REAP’s David H. Morgan is a certified Retirement Management Advisor® (RMA®). Let’s take a look at what the RMA Program is and how this resource can help you in your financial planning.
What is the RMA Program?
The Retirement Management Advisor® (RMA®) program is an advanced certification for financial professionals that provides them with knowledge to build custom retirement income plans for their clients to better mitigate risk and ensure better outcomes.
The RMA program requires advisors to meet rigorous standards:
Experience
At least three years of relevant financial services experience and a clean regulatory record.
Ethics
Comply with the Institute Code of Professional Responsibility or lose the certification
Education
Complete the comprehensive online course and attend the RMA Capstone executive education course.
Examination
All candidates must pass a rigorous, proctored exam.
Continuing Competency
Stay updated on industry trends, laws, and products with 40 hours of continuing education every two years, including two hours of ethics education.
Why do I need an RMA professional?
Having planned for retirement for many years, are you ready to leave the paycheck behind and live off your
retirement assets? Let an RMA professional guide you as you determine the best way to distribute your retirement assets so that your money will last as long as possible, given your lifestyle and goals.
The RMA program teaches financial professionals to take a holistic approach to your retirement needs. RMA professionals look beyond managing investments or retirement products and take a multidisciplinary approach to develop a complete framework for your retirement plan.
The RMA program is designed specifically to help advisors examine each client’s individual situation, in detail, no matter the income bracket or asset level, so that worries about retirement can be addressed.
Issues such as inflation, longevity, forced retirement from a job loss or health issue—these can all play a
role in determining retirement outcomes. Developing customized retirement income plans, and updating those plans as necessary, can help minimize worry and bring peace of mind as you enter a new phase of life. An RMA professional has the specialized knowledge and tools to help you.
