Our Qualifications

Hugo A. Marrero, Jr., CFS® president of Marrero Wealth Management, LLC. is certified as an Investment Advisory Representative.

The Institute of Business & Finance (IBF) recently awarded Mr. Marrero with the first nationally recognized mutual fund designation, CFS® (Certified Fund Specialist®). Less than 1% of all advisors in the United States have achieved this designation. This graduate-level designation is conferred upon candidates who complete an 135+ hour educational program focusing on closed-end funds, mutual funds, ETFs, REITs, UITs and modern portfolio theory. Over $10 trillion is invested in mutual funds in the United States; half of all households own shares in at least one mutual fund. CFS® certification requires mastery of portfolio construction, risk measurement, manager selection, monitoring, income strategies, retirement accounts, titling, taxation and the psychological aspects of finance. According to IBF, “The vast majority of investors and advisors do not know how to properly select a mutual fund, understand what criteria are important, asset category correlation or what historical statistical information is a good predictor and what is a poor indicator of what is likely to happen in the future.” The student must pass three comprehensive exams and 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 CFS® program, since 1988, is designed for brokers and advisors who have clients that either own or are considering investing in mutual funds or exchange-traded funds. 

Mr. Marrero is a graduate of LouisianaStateUniversity with a Bachelors of Science degree in Finance.  He has been serving his clients’ needs since 1988. He currently holds the following securities licenses: Series 6, Series 7, Series 22, Series 63 and Series 65. He is Life, Health and Variable Annuity licensed with the State of Louisiana Department of Insurance, along with Mississippi, Florida, Arizona, Georgia, Tennessee and Texas. He is a current member of Financial Planning Association, Financial Services Institute and Institute of Business & Finance.