What Is a Certified Investment Management Consultant (CIMC)?

Although the Investment Management Consultants' Association stopped its Certified Investment Management Consultant (CIMC) designation and program in 2003, it is still supported by the organization.

Understanding Certified Investment Management Consultants (CIMC)

Those who earned the Certified Investment Management Consultant (CIMC) designation prior completed extensive course work and passed the National Association of Securities Dealers (NASD)-proctored examinations for Levels I and II of the association's course. Topics studied included: asset allocation, modern portfolio management, portfolio performance measurement, and ethics.

CIMCs must also meet the Institute's requirements concerning experience in consulting and managed accounts, and adhere to its Code of Ethics and continuing education requirements.