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What is the Difference between a CSA & a CFP?



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CSA

The Society of Certified Senior Advisors(CSA) is an organization that certifies, educates, and certifies professionals who work closely with older adults. It offers a certificate program in Working with Older Adults as well as the Certified Senior Advisor (CSA(r)) credential. Both certifications are widely recognized as a benchmark of expertise in the field of senior care.

CSAs have a broad range of skills and can assist seniors with a variety issues and concerns. They can apply their skills and knowledge to their work to make them more valuable to clients and gain certification. They also have the knowledge to make recommendations that are beneficial to both clients and seniors.

CSFP

A Certified Seniors Financial Planner (CSFP), is a financial specialist who has completed additional education to attain the title. It is a smart idea to verify the credentials of potential advisors before you hire them. Many financial advisors do not have to be licensed, so it's possible they could be scammers. This is why it is important to know the differences between a CSA and a CFP.


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The American College offers The Chartered Advisors for Senior Living (CASL). This certification recognizes the commitment of financial advisors to meeting the needs of senior clients. Advisors must serve senior clients for a minimum of three years, and they must follow The American College’s Code of Ethics. CASL holders need to participate in the Professional Recertification Process to keep their credentials current. They take an exam covering topics such as long-term care planning, pension distributions, and social security.


Specialist in assisted living placement

An assisted living specialist is a person who helps seniors and their family choose an assisted-living community. An advisor company often employs these individuals. They have a large network of senior living communities. They are familiar with the intricacies and nuances of eldercare and senior living. They have the knowledge and expertise to help families and ensure their loved one receives the best care.

While it can be difficult to navigate the selection process for senior living on your own, a certified senior advisor can guide you through the process. They can help with your decision making and help you downsize. Advisors are not trained to sell and they will only advocate for the best interests of their clients.

Financial advisor

If you're planning on working with a financial advisor, it's important to choose the right person. Look for someone with impressive titles. While a title like "senior specialist", can sound convincing, you should also research their credentials. Many seniors don't have the time or ability to build an investment portfolio. It is therefore important to choose a professional with the necessary training and experience.


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The Chartered Advisor in Senior Living (CASL) designation is awarded by The American College and is an indication of a financial advisor's commitment to helping clients age with dignity. In order to obtain this designation, advisors must have experience working with senior clients and adhere to The American College's Code of Ethics. However, the designation is no longer offered to new students, and existing holders of the designation must participate in a Professional Recertification Program to maintain their credentials. Financial advisors must pass the CASL exam to become certified. This includes topics on social security, pensions, estate planning, long-term care, retirement planning, and estate planning.


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FAQ

How can I find clients for my consulting business?

It is important to identify an area of passion. You can choose to be passionate about anything, from public relations and social media. You may need to start small and find a niche market like web design. Once you find the right niche, it is important to know what makes it tick. What problems can it solve? Why should people use them? But most importantly, what can you do to help them?

You can also try approaching businesses directly - perhaps they need someone who understands SEO or content creation, or maybe they just want to know where to go for advice on social media strategy.

If all else fails you can offer your services at free events such as conferences or networking nights. You'll get to know many potential clients without spending money advertising.


What should I expect from my consultant

When you choose your consultant, they should respond within a few working days. They will often ask about your company's mission, goals and products. After that, they will send you a proposal detailing the scope of work, expected time frame, fees and deliverables.

If everything is in order, then the parties will enter into a written contract. The type and content of the contract will vary depending on whether the relationship is employer-employee/employer-independent contractor.

If everything goes smoothly, the consultant can begin work immediately. The consultant will have full access to your files and resources. You'll also have access to their skills and knowledge.

But don't assume that anyone who is a consultant has all the answers. It takes effort and practice to become an expert in whatever field you consult. So, don't expect your consultant to know everything about your business.


What are the benefits of being a consultant

Consultants often have the option to choose when and what they do.

This allows you the freedom to work wherever you like, whenever you want.

It means that you can change your mind easily without worrying about losing your money.

You can finally control your income and create your own schedule.


What kind of contracts can consultants sign?

Most consultants sign standard employment deals when they're hired. These agreements define the terms of the agreement, including how long the consultant is expected to work for the client as well as what he/she should be paid.

Contracts will also outline the areas of expertise and compensation for the consultant. For example, the agreement may say that the consultant will provide training sessions, workshops, webinars, seminars, etc.

Sometimes, the consultant agrees to do certain tasks within a given time frame.

Consultants often sign independent contractor contracts in addition to their standard employment agreements. These agreements allow the consultant to work independently but still receive payment for his/her efforts.



Statistics

  • Over 62% of consultants were dissatisfied with their former jobs before starting their consulting business. (consultingsuccess.com)
  • 67% of consultants start their consulting businesses after quitting their jobs, while 33% start while they're still at their jobs. (consultingsuccess.com)
  • "From there, I told them my rates were going up 25%, this is the new hourly rate, and every single one of them said 'done, fine.' (nerdwallet.com)
  • On average, your program increases the sales team's performance by 33%. (consultingsuccess.com)
  • WHY choose me: Why your ideal client should choose you (ex: 10 years of experience and 6-week program has helped over 20 clients boost their sales by an average of 33% in 6 months). (consultingsuccess.com)



External Links

hbr.org


bls.gov


sba.gov


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How To

How to find the best consultant

First, ask yourself what kind of consultant you are looking for. Before you start looking for someone to work with, it's important that you know your expectations. You should make a list of all the things you need from a consultant. This list could include technical expertise, project management skills, communication skills and availability. After you have outlined your requirements, you might want to ask friends and colleagues for recommendations. Ask your friends or colleagues about any negative experiences they have had with consultants, and compare their recommendations with yours. Try searching online for recommendations if you don’t have any. There are many websites that allow users to leave feedback about their previous work experiences, such as LinkedIn and Facebook, Angie's List or Indeed. Take a look at comments and ratings from others, and use that data to find potential candidates. Once you have a short list of candidates, contact them to arrange an interview. Talking through your requirements during the interview is a good idea. Ask them questions about how they can assist you in achieving those goals. It doesn’t matter if the person was recommended to you; it matters that they understand your business goals, and can show you how they can help.




 



What is the Difference between a CSA & a CFP?