Press Release
Investments & Wealth Institute Announces Changes to its CIMA Certification
–News Direct–
The Investments & Wealth Institute (the Institute), the leading membership organization and credentialing body for financial advisors and wealth management professionals, is pleased to announce updates to its renowned and accredited Certified Investment Management Analyst (CIMA) certification program. On August 1, 2024, changes to the learning requirements for the CIMA certification, the curriculum taught by the Investments & Wealth Institute and their elite educational partners, and revisions to the exam itself will go into full effect.
Changes to the CIMA certification are reflected in the Defining Wealth Management report, published by the Investments & Wealth Institute, to summarize the knowledge and professional capabilities required of wealth management professionals, teams, and firms.
CIMA certification teaches and tests advisors on creating, managing, and evaluating model portfolios, target-date funds, ETFs, and index funds. They learn to manage risk and return including when and how to incorporate alternative investments into client portfolios and how to build proper investment policy statements. CIMA certified professionals understand how to apply behavioral finance to address cognitive biases in client decision-making, and how capital markets and global macroeconomic trends affect portfolio design. In summary, they are equipped to prudently assemble, evaluate, and/or manage portfolios that meet client objectives and outcomes as fiduciaries.
A CIMA certified professional is an investment or wealth management professional, with at least three years of experience, who can integrate a complex body of investment knowledge, ethically contributing to prudent investment decisions by providing objective advice and guidance to individual and institutional investors. Fewer than 3% of advisory professionals have earned and maintained the certification. However, more than 15% of teams or practices with $500M or more in AUM have at least one CIMA certified professional serving on the team. (Cerulli Associates, 2023)
Since 1988, the CIMA certification has served the industrys most respected wealth management practices, said Sean Walters, CAE, Chief Executive Officer of the Institute. The changes our volunteers are making in 2024 reflect the latest advancements in the practice of competent and ethical investment advice. These updates have been derived, as always, from a painstaking examination of the knowledge and skills needed by todays most advanced financial and investment consulting professionals to ensure the CIMA certification remains on the leading edge of technical portfolio construction and risk management.
The 2023 job task analysis study was performed in coordination with HUMRRO a non-profit test development organization. The CIMA job analysis applied a scientifically administered survey which required 300 investment practitioners to rate a series of knowledge and skill statements using a variety of metrics by importance, time spent performing a task, level of ability required for tasks, and relevance of certain knowledge required to perform the job.
The CIMA Certification Commission adjusted the exam blueprint according to the findings of the survey. Registered Education Providers then updated their curricula to reflect the updated blueprint. With the newly updated curriculum having launched on April 1, 2024, the whole process will culminate on August 1, 2024, with the debut of the new exam.
Certified Investment Management Analyst practitioners are required to exhibit knowledge of 89 topics, organized within 20 sections and five knowledge domains. Approximately 20% of the revised exam and learning requirements have been updated. Notable highlights of these updates include:
- Alternative investments and private markets are increasing (from 2% to 5% of the examination)
- Portfolio Construction is increasing (from 5% to 8% of the exam)
- Risk and risk measurement calculations are decreasing (from 12% to 6% of the exam)
- Performance Measurement and risk attribution are decreasing (from 8% to 5% of the exam)
- Client discovery and investment policy are decreasing (from 8% to 6%)
Perhaps the most significant new section of content will be on investment implementation approaches (5% of the new exam). Many wealth management firms have outsourced investment management expertise to TAMPs, model portfolios, and AI/digital-allocators. However, research on clients of advisors has consistently reported that investment management is the most important technical competency that they expect from their advisor. CIMA certified practitioners must now demonstrate knowledge competencies related to investment implementation approaches from applications of asset allocation methodologies to resolving concentrated positions in the existing portfolio. Advisors must evaluate questions of accumulation and distribution based on the realities of client time horizons, assets and liabilities, and desired objectives. Candidates must properly differentiate between applicable investment management models and help clients make appropriate selections to meet their goals.
From an ethical standpoint, advisory professionals who dont fully understand the portfolios they recommend to clients, or who dont know how to effectively and prudently create, manage and adjust portfolios catered to client objectives, are doing their clients a disservice, said James LaFleur, CIMA, CPWA, RMA, CAIA, MSIT, chair of the CIMA Certification Commission, a volunteer committee of subject matter experts who established the revised requirements.
CIMA certification candidates must have three years, at minimum, of verified professional experience in financial services or a related industry at the time of certification. Candidates must successfully pass two background checks at time of application and at time of certification. The CIMA curriculum is taught through Registered Executive Education partners, including programs offered by two of the worlds most elite business schools, the University of Chicago Booth School of Business and the Yale School of Management. The CIMA certification examination will be administered as a four-hour, 120-question multiple choice examination at an established testing center or via an approved online proctored exam provider. The examination currently has a 48% first time pass rate (two-year average).
About the Investments & Wealth Institute
Founded in 1985, the Investments & Wealth Institute is the premier professional association, education provider, and standards body for financial advisors. Through its award-winning events, publications, courses, and acclaimed certifications Certified Investment Management Analyst (CIMA), Certified Private Wealth Advisor (CPWA), and Retirement Management Advisor (RMA) the Institute delivers Ivy league-quality, highly practical education to more than 20,000 practitioners annually in over 40 countries. Members of the Institute include the industry's most successful investment consultants, advanced financial planners, and private wealth managers who embrace excellence and ethics in applying a broad set of knowledge and skills in their daily work with clients.
Contact Details
Allison Edmondson
+1 303-850-3207
Company Website
https://investmentsandwealth.org
View source version on newsdirect.com: https://newsdirect.com/news/investments-and-wealth-institute-announces-changes-to-its-cima-r-certification-839963048
Investments & Wealth Institute
COMTEX_450648590/2655/2024-04-10T14:27:33
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
SpeedX Concludes Alpha Test with Massive Rewards, Announces Beta Launch and Potential Airdrop
2,000 USDT Bonus, Game Packs, and Poll Rewards Up for Grabs as Revolutionary Mobile Racing Game Prepares for Next Phase
SpeedX, the revolutionary casual gaming from within the Telegram app is now out of alpha phase and ready for an exciting beta launch. Before a new level is to be started, players are given the chance to collect great rewards and enjoy diverse exciting community-oriented activities paving the way for what is expected to be a game-changing project in the world of mobile gaming and GameFi.
Alpha Test Conclusion and Massive Rewards
The SpeedX alpha test came to a close, marking a significant milestone in the game’s development. To celebrate the success of this phase and reward its dedicated testers, SpeedX was offering an impressive array of incentives:
- A 2,000 USDT bonus pool:
- Massive game packs:
Players who participated in the alpha test can claim their rewards by visiting the official SpeedX Telegram bot @SpeedXgameBot (https://t.me/speedXGamebot).
Upcoming Beta Launch and Potential Airdrop
To add to this, SpeedX public beta is set to be released on October 24th, 2024. This next phase promises to bring even more exciting features and improvements to the game, including:
- Enhanced graphics and smoother gameplay
- New race tracks and environments
- Additional car models and upgrade options
- Improved matchmaking for asynchronous racing
- Refined economic model for in-game rewards
The development team hints that the airdrop mechanics will reward both skilled players and active community members, incentivizing engagement with all aspects of the SpeedX ecosystem.
Community Engagement and Rewards
To further engage the community and educate players about the game mechanics, SpeedX has launched an interactive poll. The poll asks players to identify the factors that determine coin rewards in the game:
A. Car Level B. Time to Complete the Race C. User’s Game Level D. All of the Above
Each participant in the poll has a shot at one of 5 winners that will get 10 USDT each for a total of 50 USDT. It is also an extra chance for players to learn more about the game and, at the same time, make some money.
SpeedX delivers real GameFi to the masses: the rousing experience of competitive high-speed racing with actual collisions and asynchronous gameplay. In terms of gameplay, SpeedX innovates a fundamental new interface that allows the players to merge two less effective cars into a more powerful one, boost the gaming dynamics and, ultimately, increase the chances of getting valuable bonuses.
Key features of SpeedX include:
- Merge and Upgrade System: Players can combine cars to create higher-level vehicles, up to level 160.
- Performance-Based Rewards: Higher-level cars offer faster acceleration and increased earning potential.
- Passive Income Generation: Cars generate coins even when players are offline.
- Asynchronous Racing: Players compete against each other’s best times on various tracks.
- Play-to-Airdrop Mechanics: Future airdrops will consider players’ performance and in-game assets(Coins & Diamonds).
- Dynamic Racing Environments: SpeedX is developing a variety of racing scenarios, including sky-high tracks, cliff-side sprints, and urban racing environments. These diverse settings will challenge players’ skills and keep the gameplay fresh and exciting.
Innovative Economic Model
SpeedX’s in-game economy is built around two primary currencies:
- Coins(Gold): Used for purchasing new cars and upgrades. Coin is generated passively by owned vehicles and can be earned through races and completing daily tasks.
- Diamonds: A premium currency required for speeding up coins production and potentially influencing future airdrops. Diamonds can be earned through exceptional race performance and special events.
This dual-currency system creates a balanced economy that rewards both active play and strategic resource management.
Future Developments
Exciting plans for SpeedX include:
- F1-Style Track: SpeedX is considering the addition of an F1-style track to the game. Players are encouraged to start collecting Coins and Diamonds now to purchase entry tickets for this thrilling future feature.
- Collaborations with Top Car Brands: Discussions are underway to bring licensed car models into the game.
- Global Racer Alliance: Plans for a player-driven governance system are in motion.
- Extreme Racing Scenarios: The team is working on implementing physics-defying race tracks.
- Enhanced Social Features: Upcoming updates will introduce clan systems, friend challenges, and global tournaments.
To participate in the game and claim rewards, players can interact with the Telegram bot @SpeedXgameBot.
For more information about SpeedX or to join the racing action, visit Telegram Channel: SpeedXNews, Telegram Community: SpeedXGame
About SpeedX:
SpeedX is a cutting-edge mobile racing game built on the Telegram platform, offering players a unique blend of high-speed action, strategic gameplay, and innovative reward systems. With its play-to-airdrop mechanics and plans for asynchronous racing, SpeedX is set to revolutionize the casual gaming landscape.
Contact:
- Official Twitter/X: @SpeedXGame
- Telegram Channel: SpeedXNews
- Telegram Community: SpeedXGame
- Medium: @speedxton
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
With the rise of play-to-tap mini-games, Quizmatch offers players an engaging way to compete in quizzes on trending topics. Users can instantly verify results on-chain, ensuring complete transparency and immutability of leaderboards. Gone are the days of wondering if game outcomes are manipulated – Quizmatch solves this with its decentralized, tamper-proof technology.
Digital IPs are struggling to meaningfully engage and retain users. Superbrands are catching on to this trend. The New York Times has embraced its role as a gaming destination, LinkedIn has added casual social games to its platform, and two of the top food apps in India now offer quiz games tied to cricket with digital collectibles. Over 75 games are now playable directly on YouTube. Additionally, the recent hype around tap-to-earn Telegram mini-games, like Hamster Kombat, and combat-centric clicker games such as Rocky Rabbit, is making waves throughout the industry.
Telecom Partnerships for Wider Reach
As part of its ambitious roadmap, Accioo, the company behind Quizmatch, registered in Singapore earlier this year, has secured strategic partnerships with major global telecom networks, such as Jio in India and Robi Axiata in Bangladesh, giving the platform access to over 500 million users. Adding a few more global telecom operators from the Middle East, Africa, and LATAM is also on the horizon as Accioo aims to expand its reach further. These partnerships highlight the platform’s immense scalability and potential to bring web3 gaming experiences to millions.
Built on the Sei Blockchain: Speed and Efficiency for Web3 Users
Quizmatch is built on the Sei blockchain, the fastest parallel blockchain, supported by institutional heavyweights like Coinbase, Delphi Digital, and Circle Ventures, known for its speed and efficiency. With a block finality of 390 milliseconds, Sei is designed to offer Web2-like experiences, making it ideal for high-frequency trading and real-time digital interactions. Sei allows Quizmatch to offer real-time interactions similar to traditional web applications.
Jason Lim, Global Gaming Lead at Sei Foundation, emphasizes, “For us, empowering Quizmatch with the right speed to onboard that many new Web3 users and support such high on-chain transaction volumes is a proposition that fits Sei organically. We are one of the fastest-growing L1 ecosystems in the world right now.”
Speaking about the platform’s vision, Gaurav Raj Thakur, Co-founder and CEO of Accioo, stated, “Web3 has always posed challenges with its complex onboarding processes, and our goal is to change that. Through Quizmatch’s simple, yet engaging tournament framework, we aim to make blockchain accessible to billions of Web2 users, truly democratizing the digital gaming experience.”
In the near future, the company intends to add more features in Quizmatch. The mini quiz tournaments might soon be launched from within social media platforms such as the X by simply calling for the Quizmatch bot. The platform is designed to host quiz tournaments in multiple languages, including vernacular ones, creating a more personalized and culturally resonant experience.
Saurav Dwivedi, Co-founder and CTO, adds, “We’re collaborating with various telco networks, SDP partners, and Layer 1 chains to create a truly unique experience. Our in-house compliance engine ensures culturally relevant and engaging quiz content as we expand across multiple geographies.”
Quizmatch’s approach has already caught the attention of industry observers. The platform was recently selected for the ALPHA Startup Program at Web Summit Doha, standing out at 1,043 chosen from nearly 10,000 applicants worldwide startups from around the world.
Quizmatch continues to push the boundaries of gaming and blockchain technology, it is well on its way to becoming a game-changer in the digital entertainment space, transforming how users engage, compete, and own digital assets on a global scale.
Contact Info:
Name: Gaurav
Email: gaurav@quizmatch.games
Organization: quizmatch.games
Website: https://quizmatch.games/
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Dianetics Diamond Jubilee commemorated at the Frankfurt Buchmesse: 75 years of positively transforming millions of lives
Four leading book distributors in Europe chose the Frankfurt Buchmesse to deliver their recognitions to the BestSelling book Dianetics at the launch of celebrations for its 75th Anniversary and wide distribution since publication in May 9th 1950.
Four leading book distributors in Europe chose the Frankfurt Buchmesse to deliver their recognitions to the BestSelling book Dianetics from L. Ron Hubbard at the launch of celebrations for its 75th Anniversary and wide distribution since publication in May 9th 1950.
The 2024 Frankfurt Buchmesse could not have concluded more appropriately than with L. Ron Hubbard’s Dianetics: The Modern Science of Mental Health being acknowledged “for positively and permanently transforming millions of lives over the past three quarters of a century” said a representative.
The book has been honored with four prestigious recognitions from distributors across Europe, as if marking the four cardinal points of the continent. From the North, the UK acknowledges its continued inspiration; from the South, Italy celebrates its profound impact; from the East, Slovakia praises its enduring legacy; and from the West, Spain highlights its perennial bestseller status.
In this regards, Marvin Blagsden, Managing Director of Gazelle Book Services, presented a commemorative plaque recognizing “the extraordinary legacy” of L. Ron Hubbard, which “continues to inspire and guide people worldwide, making a lasting impact on personal development and well-being.”
Going down south in Europe, Donatella Nazzi, Manager of Libro Co Italia, recognized L. Ron Hubbard’s “remarkable contribution to literature and human knowledge,” adding, “We are very pleased to distribute Dianetics. We have many interesting ideas for next year’s celebration of your anniversary, and I’m sure we can do a great job together.”
In crossing to Slovakia in eastern Europe, Heureka granted Dianetics: The Modern Science of Mental Health by L. Ron Hubbard the award “Finalist Product of the Year 2023 in the Category of Books” and flying to the western Europe in Spain, Arnoia Distribución de Libros S.A., a Galician business group at the forefront of book distribution in Spain and abroad for over 30 years, joined in with another award “to congratulate L. Ron Hubbard for his vast and extraordinary body of published works in honor of the 75th anniversary of his perennial bestseller Dianetics: The Modern Science of Mental Health.”
L. Ron Hubbard’s Legacy: One of the Most Enduring and Widely Read Authors in Literary History
As an author, humanitarian, and the founder of Dianetics and Scientology, L. Ron Hubbard stands as one of the most acclaimed figures of the modern age.
His writing career, which spanned more than half a century, established him as a leading light in American fiction and as the author of over 35 million words of nonfiction—the most comprehensive exploration of the human mind and spirit, providing a unique pathway to total spiritual freedom.
Recognized as one of the top 20 bestselling authors of all time, Hubbard’s works have been translated into 114 languages, with more than 325 million copies in circulation, including over 3,000 recorded lectures and approximately 5,000 writings.
In testament to the magnitude of his literary legacy, he holds four Guinness World Records: for most published author, most translated author, the author with the most audiobook titles, and for the single most translated non-religious work.
Time-Tested Technology: Just as Relevant in 2024 as in 1950.
Published on May 9, 1950, a forerunner of Scientology, Dianetics was proclaimed by the national columnist Walter Winchell in a telling prediction, “There is something new coming up in April called Dianetics. A new science which works with the invariability of physical science in the field of the human mind. From all indications it will prove to be as revolutionary for humanity as the first caveman’s discovery and utilization of fire.”
If Winchell’s statement was bold, it was nonetheless accurate, for with Dianetics came the first definitive explanation of human thinking and behavior. Here, too, “was the first means to resolve problems of the human mind, including unreasonable fears, upsets, insecurities and psychosomatic ills of every description” said one of the fans.
At the core of such problems lay what L. Ron Hubbard termed the “reactive mind” and defined as that “portion of a person’s mind which is entirely stimulus-response, which is not under his volitional control and which exerts force and the power of command over his awareness, purposes, thoughts, body and actions.”
“That the mind still recorded perceptions during moments of partial or full unconsciousness was dimly known. But how the engram impacted physiologically, how it acted upon thinking and behavior—this was entirely new” says one of the readers,In short, here lay a mind, as Mr. Hubbard so powerfully phrased it, “which makes a man suppress his hopes, which holds his apathies, which gives him irresolution when he should act, and kills him before he has begun to live.”
“As word of Dianetics spread, general response was considerable: more than fifty thousand copies were acquired by the general publicimmediately off the press, while bookstores struggled to keep it on shelves. As its experienced workability grew, public response grew even more dramatic” said Ivan Arjona-Pelado, European representative for the Church of Scientology.
“Dianetics—Taking U.S. by Storm” and “Fastest Growing Movement in America” read newspaper headlines through the summer of 1950. “While by the end of the year, some 750 Dianetics groups had spontaneously mushroomed from coast to coast and six cities boasted research foundations to help facilitate Mr. Hubbard’s advancement of the subject” continued Arjona-Pelado.
Over the years, Dianetics has become an international phenomenon, with more than 22 million copies in circulation, translated into 50 languages, and distributed in 175 countries worldwide.
“As a perennial bestseller, Dianetics is indisputably the most widely read and influential book on the human mind” concluded Arjona-Pelado.
Media Contact
Organization: European Office Church of Scientology for Public Affairs and Human Rights
Contact Person: Ivan Arjona
Website: https://www.europeanaffairs.eu
Email: Send Email
Address: Boulevard de Waterloo 103
City: Brussels
State: Brussels
Country: Belgium
Release Id: 21102418720
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About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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