The RICP is for retirement planning professionals to construct retirement income plans that are tax sensitive and focus on longevity concerns.
In my opinion, there are three kinds of people that can really benefit from this:
1) Insurance only professionals selling life and annuities
2) Investment advisors selling life, annuities, AND securities
3) Reverse mortgage professionals
I have spoken with Don Graves who is one of the professors for the RICP program and I'm quite convinced it's a great program. I will pursue it at some point myself.
However, would it really benefit your "resume"? Well, RICP isn't as well-known as CFP or ChFC/CLU. Strangely enough, even though The American College Center for Retirement Income
is funded by New York Life... NYL is strangely against any advice regarding someone's home equity use. I think whether it enhances your resume will depend solely on the employer you choose to interview and apply to work with.
In my opinion, based on various firms compliance concerns, the RICP is purely a skills and knowledge-based credential
, and may not enhance your resume, your initials after your name, etc. Although the certificate will look nice on your wall!