IDEAS
Following initial certification and authorization to use the CPWA® and Certified Private Wealth Advisor® marks, the CPWA certification must be renewed every two years. By successfully completing IMCA’s certification renewal requirements, CPWA professionals demonstrate to the public that they are individuals who have voluntarily agreed to meet high standards of professionalism.
The certification period for CPWA certification begins on the first day of the month that the license is effective, runs for two years, and expires on the last day of the renewal month. For your convenience, you may check your certification renewal period requirements and expiration date by logging into the “My IMCA” portion of the website (www.imca.org/main/do/my_imca) and reviewing the information in your “My Certifications” box.
There are three requirements to renew the CPWA certification:
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Complete and report a minimum of 40 hours of continuing education (CE) credit, including two ethics hours.
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Pay a certification renewal fee for your next two-year certification renewal period. This fee is $100 for IMCA members, $500 for nonmembers, or $495 for nonmembers who wish to join IMCA or renew their membership.
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Complete a compliance disclosure and indicate continued adherence to IMCA's Code of Professional Responsibility and Rules and Guidelines for Use of the Marks, as well as disclose any federal/state regulatory actions or complaints.
All CE hours must be processed by IMCA and payment and signed disclosure must be submitted before the expiration date to meet the three certification renewal requirements. Failure to meet all certification renewal requirements will result in loss of the right to use the CPWA marks. IMCA will issue a certified cease and desist letter to the address of record to all certificants who fail to meet all three certification renewal requirements. Certification renewal requirements may change at IMCA's discretion. CPWA professionals will be notified in advance of any renewal requirements changes.
IMCA sends several reminders to CPWA professionals in the months before their certification renewal period expiration date. For full details regarding certification renewal requirements, download the CPWA Certification Renewal Requirements guide by clicking here.
