Level “A” rating is for advisors who have a basic knowledge on asset protection planning but can not provide complete advice to a client without a backup support team. Why would anyone want this rating? Ask yourself this. Would your rather work with an attorney, insurance advisor, CPA/accountant/EA, or financial planner who had a basic working knowledge on asset protection, but does not consider themselves proficient to draw up a complete plan, or one that knows nothing about asset protection planning?
To receive a Level “A” Rating, the advisor must complete an oral examination by an educational board member or submit and pass an extensive essay exam.
The Level “AA” rating is for advisors of all kinds who know domestic asset protection planning, but do not draft legal documents. In order to receive a Level “AA” Rating, the advisor must prove to the APS™ Board that they have sufficient knowledge to provide competent advice to clients when it comes to protecting their wealth. The easiest way to prove to the APS™ Board that an advisor has sufficient knowledge is to become certified by an educational entity which deals with asset protection. The only current educational institute which provides such education is The Wealth Preservation Institute through its CWPP™ and CAPP™ designations.
For advisors who do not have a CWPP™ or CAPP™ designation, they must submit to a comprehensive conference call with at least one educational board member who performs and oral exam or submit extensive essay exam to determine if the advisor has the knowledge to warrant a Level “AA” rating.
The Level “AAA” rating from the APS™ is the highest rating an advisor can obtain. This rating can only be given to attorneys who draft legal documents. A Level “A” rating means that the attorneys have submitted for review to the APS™ education board the legal documents they use when forming legal structures for clients. An additional requirement to receive a Level “AAA” rating is a comprehensive conference call with at least one educational board member who performs and oral exam or an extensive essay exam must be submitted to determine if the attorney has the knowledge to warrant a Level “AAA” rating.