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Revision as of 22:49, 3 July 2006 by Firsfron (talk | contribs) (clean up+rem apostrophe abuse using AWB)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff)The American Academy of Financial Management, or AAFM as it is known, is a professional association dedicated to the finance sector and finance professionals. It has membership in over 140 countries, and is recognized by most governments in the countries where members reside.
The AAFM was founded in 1996, via a merger between the American Academy of Financial Management & Analysts (AAFMA) and the Founders Advisory Committee of the Original Tax and Estate Planning Law Review.
The AAFM is a professional association governed by a Board of Standards and a membership code of ethics and standards of practice. The AAFM operates in most countries as a ‘society’ or non-profit association, with the members of the local or regional chapter making up the ‘owners’ of the society. At all times the AAFM and its members are accountable to the community and to the board of standards. The Academy’s legal and operational structure is somewhat dictated by a landmark US Supreme Court case (Ibanez vs. Florida) and this case also dictates the use of the AAFM marks as respect its members.
One of the fastest growing professional bodies, AAFM is best recognized for its designations listed with the National Association of Securities Dealers (NASD), such as:
- CWM™ Chartered Wealth Manager
- CAM™ Chartered Asset Manager
- CPM™ Chartered Portfolio Manager
- MFP™ Master Financial Professional
- FAD™ Financial Analyst Designate, Chartered Market Analyst
- CTEP™ Chartered Trust and Estate Planner
- RFS™ Registered Financial Specialist
The American Academy of Financial Management maintains more than 20 designations in the finance arena, with highly specialized role-based post-nominal awards.
Members must either have come through one of the AAFM Accredited University Finance programs (such as Universities within AACSB, ACBSP, etc), through an Executive Training Program, or in some rare cases through grandfathering by way of board/peer review.