Updated: March 11, 2025
A Retirement Management Advisor® (RMA®) is a financial professional specializing in guiding clients through the complexities of retirement planning. They focus on creating customized retirement income strategies that address the transition from asset accumulation to decumulation, aiming to ensure financial stability throughout retirement.
The RMA® designation is conferred by the Investments & Wealth Institute, designed to equip advisors with advanced retirement income planning skills. This certification emphasizes a comprehensive approach, considering various aspects of a client’s financial life to develop tailored retirement strategies.
To earn the RMA® designation, candidates must meet specific prerequisites and complete a structured educational program:
Engaging an RMA® offers several advantages:
To uphold the RMA® designation, advisors are required to complete 40 hours of continuing education every two years. This commitment ensures they remain current with evolving retirement planning strategies and regulatory changes.
The RMA® designation signifies a financial advisor’s dedication to mastering the intricacies of retirement income planning. By collaborating with an RMA®, individuals can benefit from specialized expertise aimed at securing a stable and fulfilling retirement.
Governing Body: The Retirement Management Advisor® (RMA®) designation is administered by The Investments & Wealth Institute.
What distinguishes an RMA® from other financial advisors?
An RMA® specializes specifically in retirement income planning, focusing on the transition from asset accumulation to decumulation, which is crucial for ensuring financial stability during retirement.
How long does it take to earn the RMA® designation?
The RMA® program is designed to be completed within 4-6 months, depending on the candidate’s pace and chosen study schedule.
Are there continuing education requirements for RMAs?
Yes, RMAs must complete 40 hours of continuing education every two years to maintain their certification.
Can an RMA® assist with tax planning in retirement?
Absolutely. RMAs are trained to incorporate tax-efficient strategies into retirement income planning, helping clients optimize their after-tax income.
How does an RMA® approach risk management?
An RMA® assesses various retirement risks, including longevity, market volatility, and inflation, and implements strategies to mitigate these risks, ensuring a more secure retirement.
Allan Slider is the Founder of FeeOnlyNetwork.com, a one-of-a-kind digital platform that elevates the visibility of fee-only financial advisors, individually and collectively. Fee-Only advisors are ONLY compensated by the client and NEVER make commission by selling financial products, or receiving kickbacks from brokerage firms. Allan is a consumer & investor advocate and a 20+ year veteran of online marketing for financial advisors.
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