Certified Investment Management Specialist - CIMS

AAA

DEFINITION of 'Certified Investment Management Specialist - CIMS'

A professional designation for investment managers that was conferred by the Institute for Investment Management Consultants to associate members who passed an exam and met work-experience requirements in the financial services industry. Prior to 2002, CIMS was a lower-level designation that could lead to the Certified Investment Management Consultant (CIMC) designation.

INVESTOPEDIA EXPLAINS 'Certified Investment Management Specialist - CIMS'

In 2002, the CIMC program was merged into the Investment Management Consultants Association's Certified Investment Manager Analyst (CIMA) program, which has been around since 1988. Existing CIMC holders maintain their designations, but new applicants obtain the CIMA designation.


Other professional designations financial advisors and investment managers may hold include Chartered Financial Analyst (CFA), Certified Public Accountant (CPA), Personal Financial Specialist (PFS), Chartered Financial Consultant (ChFC), Certified Private Wealth Advisor (CPWA) and Chartered Investment Counselor (CIC). Each of these designations indicates that the holder has met certain standards of professional education, knowledge and experience and has agreed to abide by a code of ethics and stay abreast of new developments in their areas of professional expertise in order to act in the client's best interest.



RELATED TERMS
  1. Technical Skills

    1. The knowledge and abilities needed to accomplish mathematical, ...
  2. Peter Principle

    An observation that in an organizational hierarchy, every employee ...
  3. Certified Financial Planner - CFP

    The CFP legal team has provided its official definition, along ...
  4. Certified Investment Management ...

    CIMC's have completed extensive course work and passed NASD proctored ...
  5. Certified Fund Specialist - CFS

    A certification indicating an individual's expertise in mutual ...
  6. Chartered Property Casualty Underwriter ...

    A professional credential earned by individuals who specialize ...
Related Articles
  1. Fundamental Analysis

    A Guide To Global Investment Performance Standards

    Is your investment management firm GIPS compliant? Learn more here.
  2. Options & Futures

    The Alphabet Soup Of Financial Certifications

    We decode the meaning of the many letters that can follow the names of financial professionals.
  3. Mutual Funds & ETFs

    Published Mutual Fund Returns Not Always What They Appear

    Survivorship bias erases substandard performers, distorting overall mutual fund returns.
  4. Retirement

    A Brief History Of The Mutual Fund

    This popular investment vehicle has seen its share of ups and downs, successes and scandals. Read all about it!
  5. Investing Basics

    Policing The Securities Market: An Overview Of The SEC

    Find out how this regulatory body protects the rights of investors.
  6. Professionals

    What's the average salary of someone with a finance major?

    Learn how much you can earn with a finance degree. Decide if a business career or finance career is more appealing for you based on average yearly salaries.
  7. What's a Trust Fund?
    Personal Finance

    What's a Trust Fund?

    A trust fund is a fund comprised of a variety of assets, established by a grantor, to provide financial security to an individual, most often a child or grandchild - or organizations, such as ...
  8. Several things factor into the salary of a financial advisor. Here's a look.
    Investing Basics

    How Much Does A Financial Advisor Earn?

    Several things factor into the salary of a financial advisor. Here's a look.
  9. Professionals

    What's the difference between a CFA and a CPA?

    Learn the difference between a Certified Public Accountant and a Chartered Financial Analyst designation. Explore their varied functions.
  10. The Internal Revenue Service's new 2015 contribution limits for tax-deferred savings plans are higher; here's what you and your clients should know.
    Investing Basics

    New 2015 Contribution Limits: Advisors Take Heed

    The Internal Revenue Service's new 2015 contribution limits for tax-deferred savings plans are higher; here's what you and your clients should know.

You May Also Like

Hot Definitions
  1. Multinational Corporation - MNC

    A corporation that has its facilities and other assets in at least one country other than its home country. Such companies ...
  2. SWOT Analysis

    A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. Specifically, SWOT is a basic, ...
  3. Simple Interest

    A quick method of calculating the interest charge on a loan. Simple interest is determined by multiplying the interest rate ...
  4. Special Administrative Region - SAR

    Unique geographical areas with a high degree of autonomy set up by the People's Republic of China. The Special Administrative ...
  5. Annual Percentage Rate - APR

    The annual rate that is charged for borrowing (or made by investing), expressed as a single percentage number that represents ...
  6. Free Carrier - FCA

    A trade term requiring the seller to deliver goods to a named airport, terminal, or other place where the carrier operates. ...
Trading Center