Is being Chartered worth it? Breaking down the perennial dissensus

‘Many non-Chartered advisers are just as competent as those who are’

Hope Coumbe
clock • 4 min read

Whether or not it is worth attaining Chartered status is dependent on an adviser’s personal view on the value of the qualification and how it feels it impacts their clients, Professional Adviser has heard.

Advisers and paraplanners responding to this week's PA Asks voted on whether they felt it was worth being Chartered. The majority (51%) of respondents said it was worth it, while 44% disagreed and 5% were unsure either way. Those who voted in favour of Chartered status were split on who benefits most from the time-consuming and expensive examinations advisers must undertake. "I don't think it's important from the clients perspective," one said. "It is useful to be Chartered in large advice firms though where there is competition for the leads, so large value leads will normally go ...

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