Certified Annuity Specialist – Financial Advisor Tim Hayes

FOR IMMEDIATE RELEASE:
Contact:
Timothy Hayes
Phone: (508) 277-5847
Email: tim.hayes@cambridgeresource.com

Institute of Business & Finance Announces a New CAS® Designee

San Diego, CA, May 11, 2020 – The Institute of Business & Finance (IBF) recently awarded
Timothy Hayes with the only nationally recognized annuity designation, CAS® (Certified
Annuity Specialist®). This graduate-level designation is conferred upon candidates who complete
a 135+ hour educational program focusing on fixed-rate and variable annuities. Several trillion
dollars are invested in annuities; it is estimated that at least one third of all annuity contracts are
not titled correctly.

CAS® certification requires mastery of contract structure, tax ramifications, strategies, income
structuring, equity-indexed products and principals of asset allocation. According to IBF,
“Annuities can provide the cornerstone of an effective financial or estate plan. The practitioner
and client need to understand when such an investment vehicle is appropriate and when it should
be avoided.”

The student must pass three comprehensive exams, complete a written case study as well as
adhere to the IBF Code of Ethics and IBF Standards of Practice as well as fulfill annual
continuing education requirements. The CAS® program is designed for brokers and advisors who
have clients seeking estate preservation protection, an income stream they cannot outlive, tax
benefits or the upside potential of the stock market without any downside risk.

ABOUT THE INSTITUTE OF BUSINESS & FINANCE – Founded in 1988, IBF is a nonprofit provider of financial education and designations to members of the financial services
industry. IBF is the fourth oldest provider of financial certification marks in the United States. In
1988, IBF launched its first certification program, CFS® (Certified Fund Specialist®). Today IBF
offers four additional financial designation programs: CAS® (Certified Annuity Specialist®),
CES™ (Certified Estate and Trust Specialist™), CIS™ (Certified Income Specialist™) and CTS™
(Certified Tax Specialist™).

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These are the opinions of Financial Advisor Tim Hayes and not necessarily those of Cambridge Investment Research. They are for informational purposes only and should not be construed or acted upon as individualized investment advice. Content provided via links to third-party sites should not be considered an endorsement of content that we cannot verify completeness or accuracy of.

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Tim Hayes

Tim has offices located in Boston and South Dartmouth, Massachusetts. He is licensed to handle securities in six states, including Massachusetts, Rhode Island, New Hampshire, Connecticut, Maine, and Florida. Moreover, he can provide investment advisory and financial planning services to clients in all 50 states.

Book a Free Virtual or In-Person Consultation with Tim!

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