I saw this headline on the bottom of my bloomberg today in the area that just keeps scrolling news, and I thought it was a spoof from some website like Dealbreaker, but its real.
Its called Claritas. They have a website where some annoying British woman talks about how you will be so smart and ethical.
Now the CFA gets a lot of shit on the forum, and probably rightfully so. I think the accounting information is great, and the basic intro to stats, economics, bond pricing, financial statement analysis is great. Theand advice on analyzing stocks is criminally bad. I'm taking Level 3 this June, only just because I put the time in the first two before I realized that people don't really care. I know levels 1/2 are a sunk cost, but i guess its a misplaced pride thing.
Anyhow, the idea that they are also offering this ridiculous piece of bullshit is a bad idea I think. You do have to put a lot of time into CFA and not be mildly retarded to pass the tests. It does help in recruiting for mutual funds, insurance companies, pensions,, etc. Adding another certificate just cheapens the whole certification thing. There is a reason why insurance and real estate brokers are a joke, they all have 18 different bullshit designations that nobody takes seriously.