European Stars And Stripes (Newspaper) - March 6, 1989, Darmstadt, Hesse                                .wh&fs.inaname? continued fro Page 11 wha defines a financial planner  the generic term financial planner can be used by anybody Sard Barry Swanson an invest Mont adviser in Heidelberg. Thai s like being a Legal adviser. Everybody on the planet can be a Legal. Adviser the career held is still relatively now and Hare is a lot of abuse.". Financial planners interviewed by the stars and. Stripes advised Consumers to Check the training and education i people offering investment advice that can Range from me insurance to Meluat funds to limited partnerships. ,. When you choose your financial planner find out. What his educational background is what his particular knowledge is and what his continuing education  Price said Bob Carter also said the secret is credentials. A person calling himself a financial planner or a. Financial consultant or a financial adviser has to have certain credentials said Carler a Germany based consultant to the life insurance Industry. A qualified person probably will have education from i he College for financial planning which awards the title Cerli ieo1 financial planner or the american College. Which awards the title chartered financial consultant. Swanson said the College Lor financial planning has Lough standards la s a very difficult graduate course a two yeat course taken Afler you gel your Bachelor s  Peter Knapp who writes a Lin Ancia column Tor the overseas Post said earning the chartered financial consultant title at the american College requires a 10 course series Over tour years and three years of Al Hisai practice. Planners who have opened their books to the . Government will be listed in the registered investment advisory. An organization that has received positive endorsements in the financial press is the registry of financial practitioners which requires an exam and allows membership based on experience and practice. It is a program of the International association of financial planners. . Coop Cooprider president of financial planners management group and a charter member and vice president of Iafe said these credentials offer no guarantee of Success. But it shows that the person is at least serious about the business he said. The Iafe is one i two professional organizations in Europe. The other is the european association of life underwriters there is also the commercial solicitation permit which is granted by the us. Army in Europe. Howard Hammond who Heads the permit program said Only someone with the credentials to sell Mutual funds or securities and who has presented Usa eur with a License from the National association of securities dealers is provided Wilh a permit. If you see that permit and the Guy is authorized to sen Mutual funds and securities then a can a. Considered to have the expertise to assist people in financial planning Hammond said la tells the customer that the person is registered with  but some see the army permit As a false Bill of goods that promises More than delivers. Everybody and their brother can get one Price said. That is nothing More than a paperwork Drill that the company has  a -. -. /  i feel the commercial. Solicitation permit is not a Protection to fhe service member Cooprider said he said the military cannot help people recover Money lost through reckless investments. The Usa eur License is a Jos s Fie Feby anti Pioci 1o a $5 per return Craan Rotfer 1 Fol 3u return � j slate term and Sceiva $10 discount or to  Ever rail be of apply care Lowonia the preparation or Cironi Ted Oral Ano stale income tax returns this sic Poi Appi is w Cumont Yogi Only author hmm by i i i ill Infix this Coupon expires 20 mail 1989 mar chiefs May Contact Miuta at 06301-1091 Whereto Check it out by the stars and stripes following Are the addresses of schools end professional organizations that administer tests end training to financial planner. They can to contacted for verification of credentials the american College 270 Bryn maw ave. Bryn mawr a. 19010-2195 College for financial planning. 9725 e. Harnden ave Denver. Colo. 802314993. The registered investment advisory 500 n. Capitol Washington . 20549 the registry of financial planning practitioners suite boo two concourse Parkway Atlanta a. 30328 two european organizations Are european association o life underwriters kind sea Cher Strasse-12a 6751 Mackenbach West Germany International association of financial planning Bessunger Strasse 55/16 6100 Darmstadt West Germany Mout sons to i App a nor nT0 or a deft Roant at 12 Sis tax & financial planning guide