Home > Certifications > Scholarship Fund

Investments & Wealth Institute Certification Scholarship Fund




 

“Today is not just another day. It is a new opportunity, another chance, a new beginning. Embrace it” 
 


Accelerate your career trajectory and thrive

The Investments & Wealth Scholarship Fund is designed to accelerate career advancement of target professionals that are currently underrepresented in the profession, thereby fostering a more diverse and sustainable workforce within the financial advisor profession.

Qualified individuals who can demonstrate financial need and are from underrepresented populations related to gender, race, ethnicity, age, sexual preference, and/or financial need may receive scholarship assistance underwriting the costs of CIMA, CPWA and RMA certification.
 

By unique design, the Investments & Wealth Institute Scholarship Fund is ensuring that every advisor, large or small, experienced or new, has access to a variety of advanced education and certification programs that will allow them to best advise and serve their clients.

In response to economic changes, the Institute has doubled the amount of financial aid offered. Additionally, we've created a new Advisors in Transition scholarship that is offered to advisors who have been laid off or who can demonstrate financial hardship

APPLY       DONATE


MISSION

The mission of the Investments & Wealth Institute is to deliver the premier investment consulting and wealth management credentials and world-class education, in order to encourage the practice of high standards of professional conduct and improve the overall competency and professionalism of advisors.


OBJECTIVE

The objective of the Certification Scholarship Fund is to promote diversity and grow the number of certified professionals who currently are underrepresented in the profession thereby enhancing the competency and professionalism of advice delivered to the public.
 

The amount of financial aid varied by applicant, but typically the amount was $1,000–$2,000 to offset costs of Certified Investment Management Analyst® (CIMA)certification, 1,000–$2,000 to offset costs of Certified Private Wealth Advisor® (CPWA) certification, and $500–$1,000 to offset costs of Retirement Management Advisor® (RMA) certification.

  • CIMA Scholarships: $31,905 granted
  • CPWA Scholarships: $33,320 granted
  • RMA Scholarships: $9,540 granted

DONATE


Institute Programs Supporting Certification Scholarships


Women in Wealth
The Women in Wealth Program was created in May of 2019 to promote and celebrate gender diversity in the financial advice profession, to raise funds to support the Certification Scholarship Fund, build community, and ultimately to help improve the professionalism, ethics, and expertise of women advisors in order to accelerate career advancement and success.

 

Investments & Wealth Diversity
Offered to qualified individuals who can demonstrate financial need and are from underrepresented populations related to gender, race, ethnicity, sexual orientation or those with disabilities within the financial services sector.

The Center for RIA Excellence
Designed to reduce the financial barrier to entry for the next-generation of professionals from independent Registered Investment Advisor firms who may not be able to access financial support from their firms like other advisors. The Center for RIA Excellence will support and advance the issues important to RIA firms, and ultimately, help those firm professionals improve their professionalism, ethics and expertise, primarily through access to advanced education and certification programs.

Advisors in Transition
Provides financial assistance via scholarships to advisors whose employment status changed from employed to unemployed in 2020, and/or whose health has been affected by the Covid-19 Virus. Available for a limited time, May 1 – August 31, 2020.
For a limited time, an “Advisors in Transition Hardship Scholarship” may be granted to advisors whose employment status changed from employed to unemployed in 2020, and/or whose health has been affected by the Covid-19 Virus.

 

ELIGIBILITY

 

Qualified individuals who can demonstrate financial need and/or are from underrepresented populations related to gender, race, ethnicity, and age may receive scholarship assistance underwriting the costs of CIMA, CPWA and RMA certification.scholarship

Who is eligible: A scholarship candidate must meet one of the following eligibility criteria:

Women

Minorities

Age 40 or below and who are associated with an independent Registered Investment Advisor (either as employee or independent contractor), and who’s educational or training efforts are not being supported by a firm (little or no firm reimbursement).

For a limited time, an “Advisors in Transition Hardship Scholarship” may be granted to advisors whose employment status changed from employed to unemployed in 2020, and/or whose health has been affected by the Covid-19 Virus.

Other applicants may receive scholarship support on a case by case basis, such as LGBTQ advisors, veterans, and advisors with an ADA disability. Note: All scholarships are limited in availability. Award amounts may vary.

All applicants must have at least three years’ experience in financial services and meet the qualification requirements of the certification program for which they are applying. Applicants must have demonstrated professional, volunteer, or civic/community leadership experience and be committed to fully engage in all scholarship benefits. Applicants must apply for a scholarship before they enroll in the program to be considered eligible for scholarship funds.

APPLY

RECIPIENT BENEFITS



BENEFITS THAT LAST

Designation holders acquiring an elite professional certification will receive specialized expertise and skills, which will in turn lead to attracting and retaining high-net-worth clients.  This will create the opportunity to excel as a financial service professional through heightened confidence, competence, and compensation.

By investing in educational development, higher standards, and enhanced capabilities, women, diverse professionals, and next generation leaders will elevate their personal and professional careers within the financial services sector. 

Investments & Wealth Institute believes all advisors should have the same opportunity when it comes to their access to specialized education. This Scholarship Fund is designed to reduce the financial barrier to entry for eligible professionals who meet the requirements to pursue advanced designations. 

Check out our what our recipients have to say! Click here.

“I chose [to pursue] the CPWA because the candidate body of knowledge addresses all that I want to address with high net worth clients.... If a client met with me today they would know that I am qualified to provide solutions to their complex issues. I want Bowman Wealth Management to be uppermost in the minds of estate planning attorneys and CPAs when they seek RIAs to refer their clients. I want to earn the business because I have consistently demonstrated my ability to address the complex issues of the high net worth individual, by providing answers to questions requiring strategic thinking, advanced concepts, and forward-looking planning.”

Valerie Bowman,
Candidate for CPWA® Certification
Diversity Scholarship Recipient

scholarships

CURRENT DONORS


Thank you to the individuals and organizations below who believe that advanced education in the financial services profession equals a more informed and prosperous investing public.