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Certified IRA Services Professional (CISP)
 
Questions and Answers : 450 Q&As

Updated:     Jun 14th, 2010

 
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Product Description Exam Number/Code: CISP

Exam Number/Code: CISP

Exam Name: Certified IRA Services Professional

The world of finance provides a great variety of career possibilities and there are a number of financial certifications available to all the candidates.

If you are thinking of becoming a Certified IRA Services Professional, FinanceCerts.com is here to provide you all what you need to know to pass the CISP exam. Start your preparation to pass the exam of Certified IRA Services Professional by using our study notes, guides and materials. The study notes and materials of CISP program developed by well educated and expert professional of FinanceCerts.com are simplified, updated and accurate for current exam question content. Using the most unswerving study notes is imperative for becoming a Certified IRA Services Professional. CISP practice material prepared by professionals at FinanceCerts.com covers all the modules that need to be covered to pass the CISP exam. CISP Exam preparation material offered by FinanceCerts.com focuses on all the areas which will be covered in the actual CISP exam.

 
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Information Regarding CISP Exam

The Certified IRA Services Professional certification was launched in conjunction with a strategic partner, Ascensus.  The ICB and As census recognized the need to establish a high standard of knowledge and competency for IRA's that is acknowledged by the profession and gives formal recognition to those individuals meeting specific standards of experience, ethics, knowledge and performance in the IRA industry.

The Certified IRA Services professional certification is designed to:

  • Establish a recognized standard of knowledge and competence for operations transaction processing, and wealth management professionals specializing in IRA services
  • Formally recognize those who meet these standards
  • Provide customers, beneficiaries, IRA rollover candidates, and employers with a tool to identify skilled, knowledgeable professionals
  • Support the benefits of professional continuing education and development

Eligibility requirements
You must meet the following prerequisites in order to qualify to take the CISP certification examination:

1. Professional Experience & Education

  • A minimum of two (2) years of dedicated IRA operational and technical experience, and the completion of one of the following ICB approved educational programs:
    • Ascensus IRA Institute
    • ABA IRA Online Institute-- In conjunction with Ascensus Retirement Services, American Bankers Association (ABA)
    • Cannon Financial Institute IRA Professional School  -OR-
  • Four (4) years of dedicated IRA operational and technical experience

2. Professional Reference
One letter of recommendation that attests to your qualifications for certification including your IRA experience.

3. Ethics Statement
Each candidate must sign ICB's Professional Code of Ethics statement.  Please note:  you must furnish all pertinent information about any convictions or pleas of nolo contendere on the grounds of fraud, embezzlement, unfair or deceptive practices, securities law violations, misappropriation of property, fraudulent conversations or any civil or administrative action from which you have been previously found liable.

4. Application
You must complete and submit the application. You are required to meet the eligibility requirements in place at the time that you submit your application.

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