The International Association of Registered Financial Consultants (IARFC) has received confirmation from the National Commission for Certifying Agencies (NCCA) that the Master Registered Financial Consultant (MRFC) designation has been granted certification status. This acknowledges that the MRFC program content has been validated by a comprehensive job analysis and scrutinized by industry experts.
According to the NCCA, the MRFC credential has met “recognized national and international credentialing industry standards for development, implementation and maintenance of certification programs. The NCCA Standards were developed to help ensure the health, welfare, and safety of the public. They highlight the essential elements of a high-quality program.”
What this means to the actual MRFC in the field is that they are now sanctioned by an impartial third party agency. This award of legitimacy elevates the MRFC to a higher level of ethical and practical appeal to the general stakeholder when they choose a financial professional. It is an honor and achievement for members of the Association to reach this level of competence in the areas of experience, ethical behavior, education, examination, and continuing education.
“This is great news! We have worked diligently for a number of years to comply with all the regulations necessary to submit our application for review,” related MRFC Board Chairman, Barry L. Dayley, MRFC. “With this acceptance, I am excited for our members who can now apply for the MRFC and receive the quality support of the NCCA.”
What this means to the public is a level of confidence when making a decision to engage a financial consultant. The NCCA endorsement of their professional’s background adds a layer of approval not lightly given. In this day of abundant information, the MRFC credential helps make the decision when faced with an overwhelming amount of choices.
“The MRFC accreditation brings on a new level of importance,” explains IARFC Chairman and CEO H. Stephen Bailey, MRFC. “Currently there are only 8 programs recognized by FINRA on their website. We look forward to adding our MRFC credential to the list.”
For professionals who wish to know more about the MRFC program and submit their application, visit the designated professional section of the IARFC website. Consumers can find an MRFC by visiting “Find a Consultant”.