What is ‘Chartered Advisor for Senior Living (CASL)’

Chartered Advisor for Senior Living (CASL) is a professional designation for individuals whose advice helps older clients achieve financial security. A CASL certification is often held by financial advisors who have demonstrated a commitment to helping clients who are middle aged and older to achieve and preserve financial security through wealth management, wealth preservation and wealth transfer planning. The CASL designation, while still recognized by the American College of Financial Services (the CASL issuing organization), is no longer offered to new students.

Breaking Down ‘Chartered Advisor for Senior Living (CASL)’

The CASL is one of several American College legacy programs. The college continues to support existing CASL holders. The American College decided to stop admitting new professionals to the program as of Sept. 1, 2015, but continues to offer existing candidates the coursework and exams required to complete the designation by March 21, 2017.

According to the American College, the CASL designation “shows a commitment to helping aging clients achieve financial security now and into the future. The CASL helps advisors lead clients from middle age through retirement and assist them with the management, preservation, and transfer of wealth.”

Chartered Advisor for Senior Living: Areas of Expertise

CASL designation holders are tasked with providing income and investment strategies that are appropriate for the client’s age, helping clients understand long-term care insurance and health insurance, and providing…