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The CFP® Certification Education Program is designed to help professionals in the financial services industry learn the fundamentals of building a comprehensive financial plan. This program is the first step towards CFP® certification with the Financial Planning Standards Council (FPSC).
The CFP® Certification Education Program at Ashton College is offered in partnership with Advocis and is an FPSC-accredited Core Curriculum program.
There is an increasing demand for qualified professional financial planners. The financial needs and objectives of individuals are complex and are best met by applying expertise in areas such as investment strategies, retirement planning, estate planning, insurance and taxation. This program fulfils the educational requirements for the CFP Certification and teaches financial planners how to best assist their clients while adhering to high ethical standards.
Ashton’s CFP® Certification Education Program is offered in partnership with Advocis and is an FPSC-accredited Core Curriculum program delivered in various formats to accommodate the schedule of working professionals. Our Faculty is made up of CERTIFIED FINANCIAL PLANNER® professionals who are active practitioners with the knowledge and experience to guide you through the each of the four Core Curriculum courses.
Path to CFP® Certification
There are three routes to CFP certification and FPSC Level 1 Certification in Financial Planning. All candidates must follow the Standard Route (outlined in the presentation below) unless they hold relevant financial planning qualifications or other relevant professional qualifications that make them eligible for exemptions. Mobile users, please click here to view, or full-screen the presentation below.
All information provided by the FPSC – Be a Planner.
CFP® certification is the most widely recognized financial planning designation in Canada and is considered the standard for the profession, representing the highest level of competence, ethics and practice. Along with providing clients peace of mind, there are compensation benefits to certification: CFP® professionals often earn more than those who are not certified, and 65% earn more than $100,000 per year.
Applicants must be:
- High school graduates or 19 years or older at the start of the applicant’s program or course; and
- Proficient in English (please see policy 1002).
For more details, please see related Admissions Policy.
This program is offered both in-class and LIVE online.
- In-class: delivered from our Vancouver campus.
- Online: delivered LIVE online through face to face instructor-led webinars using Adobe Connect and Google Apps.
- In-class: 21 hours per course; one evening per week, 6:00pm – 9:00pm.
- Online: 21 hours per course; two 90-minute webinars every week.
- 234 (Wealth Management and Estate Planning): August 2, 2017 – September 13, 2017 (Wednesdays)
- CFP-241 (Financial Planning Foundations): August 15, 2017 – September 26, 2017
- CFP-242 (Taxation and Investment Planning): October 17, 2017 – November 28, 2017
- CFP-243 (Retirement Income Planning): January 9, 2018 – February 20, 2018
- CFP-244 (Insurance and Estate Planning): March 13, 2018 – April 24, 2018
- CFP-241 (Financial Planning Foundations): September 20, 2017 – November 3, 2017
- CFP-242 (Taxation and Investment Planning): September 12, 2017 – October 26, 2017
- CFP-243 (Retirement Income Planning): November 14, 2017 – January 4, 2018
- CFP-244 (Insurance and Estate Planning): January 23, 2018 – March 8, 2018
CFP 241 – Financial Planning Foundations
This course introduces the fundamentals of personal financial planning. Students will acquire an understanding of the concepts and applications associated with financial calculations and the analysis of personal financial statements. In addition, the course includes an analysis of government-sponsored programs, such as Registered Education Savings Plans and Tax-Free Savings Accounts. This course concludes with a discussion on the fundamentals of economics and investing as they relate to key areas of financial planning.
- M1: The Financial Services Industry and Planning Fundamentals
- M2: Financial Statements and Budgeting
- M3: Government Benefits and Programs
- M4: Time Value of Money
- M5: Economics and Investment Fundamentals
CFP 242 – Taxation and Investment Planning
This course begins with an introduction to basic income tax laws, followed by a more advanced study of tax planning in the context of both personal and business situations. Students will gain an in-depth knowledge of various business structures and will evaluate those structures from a legal, tax, and financial planning perspective. Additionally, the course includes a thorough discussion of investment products, including investments in stocks, bonds, mutual funds, exchange traded funds, and segregated funds, as well as the application of those products in various investment strategies.
- M6: Personal Income Tax Reporting
- M7: Tax Applications
- M8: Business and Organizational Structures
- M9: Investment Products
- M10: Investment Planning and Analysis
CFP 243 – Retirement Income Planning
This course is designed to provide students with a comprehensive understanding of the principles and applications related to retirement income planning. Students will develop an in-depth knowledge of government benefit programs, such as the Canada Pension Plan and Old Age Security, as well as employer-sponsored registered plans, such as defined benefit and defined contribution pension plans. Finally, the course provides a comprehensive analysis of Registered Retirement Savings Plans and Registered Retirement Income Funds within the context of retirement planning and establishing retirement goals & objectives.
- M11: Government Retirement Benefit Plans
- M12: Registered Pension Plans
- M13: Registered Retirement Savings Plans
- M14: Retirement Income
- M15: Retirement Planning
CFP 244 – Insurance and Estate Planning
This course begins with legal fundamentals and the basics of family law, including the implications of relationship breakdown, support obligations and title to property. Risk management fundamentals are discussed in the context of life, living benefits, and property & casualty insurance. Students will gain a working knowledge of the advantages, disadvantages and income tax implications of various insurance products. The course concludes with an estate planning discussion, including the use of trusts, wills, powers of attorney, and concepts and principles related to the taxation of a deceased taxpayer.
- M16: Legal Fundamentals and Family Law
- M17: Risk Management and Insurance Fundamentals
- M18: Life Insurance and Living Benefits
- M19: Estate Planning
Please note the FPSC Approved Calculator Policy. The approved calculator models are:
- Cassio (FC-200V)
- Hewlett Packard (HP10B / HP10BII / HP10bII+ / HP10BLL (or 11) + financial calculator)
- Sharp (EL-733 A / EL-738-C (packaging notes the model name as EL-738C) / EL-738FC / EL-738S / EL-738F)
- Texas Instruments (TI BAII / TI BAII+ / TI BA II Plus Professional / TI30 XA)
Please visit the FPSC website for more details about the FPSC Approved Calculator Policy.
Ashton College uses Adobe Connect and Google Apps for Education to provide a set of software tools designed to help instructors and students connect and collaborate online.
- Students should have a webcam and headset, or a microphone and headphones to participate in webinars. High-speed internet access is also required. To view the full technical requirements for Adobe Connect, please click here.
- Make sure to run a test to ensure your device will run Adobe Connect.
- Students should have regular access to a computer, laptop or smartphone to access all class materials.
Users will have the option to install the Adobe Connect add-in which is not required to join a meeting as a host, presenter or participant. It is needed to support screen sharing and PowerPoint (PPTX format) file sharing. Having the add-in will result in the meetings opening in a larger pop-out window rather than within a browser tab. The latest version can be installed on the Adobe Connect Downloads and Updates site.
Students can also access the webinars through their mobile or tablet device by downloading the Adobe Connect mobile app. To see a list of frequently asked questions with answers and detailed walkthrough guides, please click here.
The registration fee for these courses is $450 per course.