Hammitt earns CIMA designation

Nick Hammitt, a financial advisor with Ameriprise Financial in Webster City was recently authorized by the Investment Management Consultants Association (IMCA ) as a Certified Investment Management Analyst (CIMA).

Hammitt successfully completed the rigorous requirements including investment management coursework and passing the CIMA examination covering investment policy, asset allocation, risk management, beta coefficients, historical returns, duration and convexity, tax efficiency, alternative investments, international financial markets, measuring return on a portfolio, performance measurement and attribution, due diligence and manager selection, derivatives, behavior finance, legal and regulatory environment and ethics.

Individuals with the CIMA designation must agree to meet ongoing continuing education requirements and to uphold the Code of Ethics and Professional Responsibility developed by CIMA. The CIMA certification program is the only credential designed specifically for financial professionals who want to attain a level of competency as an advanced investment consultant.

As a financial advisor, Hammitt provides financial advice that is anchored in a solid understanding of client needs and expectations, and provided in one-on-one relationships with his clients. For more information, contact Hammitt at 832-6212. The office is located at 530 2nd Street.