By maintaining the CIMA®/CPWA®/RMA credentials, certified professionals are demonstrating high standards of professionalism to the public they serve. Certificants must renew their certification every two years. There are three requirements for renewal:
- Complete and report a minimum of 40 hours of continuing education (CE) credit, including two ethics hours and one Taxes & Regulations hour.
- Pay a certification renewal fee. View current fee structure.
- Complete the compliance requirement – indicating continued adherence to the Institute’s Code of Professional Responsibility, and Rules and Guidelines for Use of the Marks, as well as disclosing any federal/state regulatory actions or complaints.
The certification period begins on the first day of the month that the license is effective and expires on the last day of that month, two years later. Failure to meet all certification renewal requirements by the renewal deadline will result in loss of the right to use the certification marks.
Certified individuals will receive renewal notifications, and will have the option to pay the renewal fee and complete the compliance requirement, as early as six months prior to the renewal deadline.
Certification renewal requirements may change at the discretion of the CIMA® Certification Commission or CPWA® Private Wealth Committee. Certificants will be notified in advance of any certification renewal requirements changes.
Report CE Credit
Investing in ongoing education is paramount in today's changing, highly-regulated financial environment. The following options are available for earning and submitting CE credit toward Investments & Wealth Institute certifications (CIMA®/CPWA®/RMA℠).
1. Investments & Wealth Institute Premier CE: If you complete in-person or online continuing education from the Investments & Wealth Institute, you will have the Premier CE credit automatically applied to your record. This method of earning CE offers maximum assurance that the CE will count toward your continuing competency requirement. This CE is audit proof.
2. Sponsored CE: If you complete in-person or online continuing education from a Registered CE Sponsor, you will be able to log into your Dashboard online and verify that CE hours were uploaded by the CE Sponsor. If the hours are not reported, you may enter a program ID and report the credit using our convenient online portal. Sponsored CE is subject to audit.
3. Self-Reported CE: If you complete in-person or online continuing education from an independent, third party that is not the Institute or a registered CE Sponsor, you may still report those hours through your Dashboard online. Using the streamlined CE reporting tool, you will be asked to provide program details and attest to completion of the program. CE credit will be automatically added to your record upon entry and will require a CE fee (USD$5.00 per CE hour). Self-reported CE is subject to audit. Please maintain records of self-reported CE including content, clock time and completion in case of audit.
- CONTENT: Final agenda from CE provider with attended sessions marked (for conferences only) and program/session description(s) from CE provider
- CLOCK TIME: Documentation of 50-minute-minimum session/program length from CE provider
- COMPLETION: Proof of completion/attendance (attestation from CE provider, “thank you for attending” notification, sign-in sheet, completion certificate or final attendee list). Registration confirmations, travel arrangements and ID badges are not accepted as proof of completion
Any questions regarding CE can be emailed to firstname.lastname@example.org.
Read in detail about the changes to the CE reporting process effective January 2020.
Accepted CE Topics
Continuing education is a form of recertification and should be related directly to the knowledge, skills and abilities that are covered in the education and examination process. A summary of accepted CE topics for CIMA, CPWA and RMA certifications are listed below. Note this is not an exhaustive list. For more details, see the certification topics in the Candidate Handbooks for CIMA Certification and CPWA Certification.
Accepted Education Topics (please note this is not an exhaustive list)
Technical Investment Management
- Global Capital Market History and Valuation
- Applied Finance and Economics
- Applied Statistics and Data Interpretation
- Traditional and Alternative Investments
- Portfolio Performance and Risk Measurements
- Portfolio Theory
- Individual and Institutional Investment Policies
- Manager Selection
- Investment Analysis and Recommendations
- Investment Consulting Process (including client discovery, monitoring and portfolio review)
- Applied Behavioral Finance Family Dynamics
- Tax Strategies and Planning Portfolio Management
- Risk Management and Asset Protection
- Business Entities and Closely Held Business Executive Compensation Plans
- Retirement Planning
- Charitable Giving
- Estate Planning and Wealth Transfer
Governance and Regulations
- Investments & Wealth Institute Code of Professional Responsibility
- Applicable Regulations; Compliance and Legal Implications
- Building Your Business (if related to investment or wealth management)
- Leadership Programs (if related to investment or wealth management)
- Client Diagnostics
- Retirement Lifecycle
- Retirement Management and Allocations
- Retirement risks
- Retirement income
- Comprehensive retirement planning
- Social Security and Medicare
- Healthcare planning
- Elder care/Elder Abuse/Dementia assistance
- Retirement policy-making
- Accumulation and decumulation strategies
- Retirement product landscape
- Withdrawal strategies
- Tax-efficiency in retirement
- Insurance strategies
Topics and Submissions Not Accepted (please note this is not an exhaustive list)
- Marketing skills and techniques
- Motivation programs
- Team building
- All FINRA, NASAA, insurance or other regulatory and licensing exams
- Proprietary information, products or services
- Normal business procedures
- Due diligence presentations/sessions
- Online courses without exams and passing grade
- Webcasts without proof of attendance/exams
- Client/public presentations or seminars
- Programs/sessions less than 50 minutes
- Prep classes for licenses/certifications
- Self-published books
- Authorship of newspaper articles
- Non-peer reviewed journals
- Grading exams for other designations/certifications
1 Those who are authorized to use the Certified Investment Management Consultant® (CIMC®) marks must adhere to the same certification renewal requirements set forth for the CIMA® certification. CIMC® will not be referenced separately throughout.