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Financial Planning > Behavioral Finance

Study Supports Value Of LOMA Designations

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NU Online News Service, June 30, 2004, 2:55 p.m. EDT

LOMA, Atlanta, says financial services workers who have its professional designations tend to earn high performance ratings.[@@]

An unnamed financial services company with $20 billion in assets and about 5,500 full-time employees compared employees who had earned the LOMA Fellow, Life Management Institute designation and the LOMA associate designation with their colleagues, LOMA says.

Holders of the FLMI designation were 39% more likely to receive above-average performance ratings and employees with the associate designation were 33% more likely to receive above-average performance ratings, LOMA says.


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