Credentials & Affiliations
The Knowledge and Resources to Address Clients’ Retirement Concerns and Needs
At Hood Financial, Michael Hood’s mission is to help individuals and families navigate the complex world of personal finance and retirement, providing education along the way regarding critical short-term and long-term concerns. He wants to give clients the skills and knowledge to make intelligent decisions concerning their financial future.
Michael has significant experience in the financial services industry and knowledge of the retirement arena. He holds multiple prestigious designations and is a member of several financial and retirement-focused organizations. By staying up-to-date with the latest changes and updates in the financial services industry, he can better serve his clients and inform them of critical elements that may affect their retirement strategies.
Learn more about how Michael’s credentials and affiliations benefit his clients.
Retirement Income Certified Professional (RICP®)
The retirement game is changing fast for financial professionals. Clients are focused on building a consistent and steady retirement income that will last. Advisors without this knowledge, or those with a limited approach, may not be able to offer a wide array of solutions. The RICP® credential is designed to provide advisors access to a wide range of retirement income planning ideas and strategies. The RICP® is considered one of the top tier designations for advisors, as it has fresh knowledge in the new and evolving retirement income planning field.
Chartered Life Underwriter (CLU®)
The Chartered Life Underwriter® (CLU®) is considered to be one of the most respected designations of insurance expertise. This designation provides advisors with in-depth knowledge on the insurance needs of individuals, professionals, and business owners. With this designation, advisors are armed with the knowledge to make recommendations on aspects of risk management, provide guidance on types of life insurance, provide a holistic approach to addressing the insurance needs of clients, and assist clients in making decisions about estate and succession planning.
Chartered Financial Consultant (ChFC®)
Through this program, advisors are prepared to meet the advanced financial planning needs of individuals, professionals, and small business owners. Advisors who have obtained this credential have received in-depth knowledge of the key financial planning disciplines, including insurance, investments, income taxation, retirement planning, and estate planning. The ChFC® is considered the highest standard of knowledge and trust in financial planning.
Accredited Estate Planner (AEP®)
This designation recognizes estate planning professionals who meet special requirements of education, experience, knowledge, professional reputation, and character. As an AEP®, Michael has specialized knowledge of the inner workings of estate planning.
Chartered Advisor for Senior Living (CASL®)
This rigorous credential in the senior and retirement planning space provides knowledge on wealth accumulation, income distribution, and estate planning strategies for those who are preparing for or are in retirement. This designation helps advisors assist clients in making critical retirement decisions, including when to claim Social Security, how to take pension distributions, choosing annuities, and more.
Michael is actively involved in the financial services and business industries, serving as a member of several organizations, including: