CFP^CM certification

Certified Financial Planner^CM, CFP^CM is the world's most prestigious internationally accepted financial planning certification administered by FPSB, India.

iACT has been authorized by the Financial Planning Standards Board India (FPSBI) to deliver the Certified Financial Planning ^CM Education program.

CERTIFIED FINANCIAL PLANNER^CM certification is a mark of excellence granted to individuals who meet the stringent standards of education, examination, experience and ethics. It is the most prestigious and internationally accepted Financial Planning qualification recognized and respected by the global financial community. FPSB India is the principal licensing body that awards CFP^CM certification in India through an agreement with FPSB Limited.

The CFP^CM mark is rated as the Gold Standard by the Wall Street Journal & Personal Financial Planning was voted as the number 1 profession by Job Almanac in America. It is a profession that is increasingly making its mark in India.

Financial Planning is one of the fastest growing careers across the world. Being one of the fastest growing economies, India currently has around 5 crore families with investible surplus. Assuming one financial planner is handling approx. 1,000 clients we need at least 50,000 Certified Financial Planners in India immediately. This is set to grow at a faster rate.

About FPSB, India:

Financial Planning Standards Board  India (FPSBI) is a public – private enterprise and a professional standards setting body that proactively guides the development and promotion of standards for financial planning professionals for the benefit of all stakeholders, viz. the Government, the Regulators, the Industry Associations, the Corporate, the media and   the general Public.

Levels of Membership by FPSB, India:

2 paths for certification and the eligibility criteria:

• Regular path:
  Qualifications: A candidate must be SSC/ Matriculation/ 10th pass at the time of enrollment and have to pass the examination for AFP Levels.(Note: At the time of CFP^CM certification a candidate has to be minimum HSC/ 12th pass).
  
  Experience: Either Pre or Post CFP^CM certification Exam (3 Years for Graduates & 6 Years for Non-Graduates). Candidates failing the experience criterion within 7 years of competing examination shall have to retake all exams of CFP^CM certification.
  
  
• Challenge status:
  Qualifications: A candidate must be a CA / Intermediate level, CFA (US), ICWA, CAIIB, CS, LLB, PhD, M.Phil, PG, Licentiate/Associate/ Fellowship of Life Insurance, Actuary, FFSI & FLMI from LOMA, Civil Service Examinations by UPSC.
  
  Experience: Must have completed 3 years of appropriate experience prior to CFP^CM certification Exam (3 Years in Financial Services industry, 5 years for finance related experience in other industry, self-employed).

Curriculum (For detailed syllabus, click here)

• Module I   : Introduction to Financial Planning
• Module II  : Risk Analysis and Insurance Planning
• Module III : Retirement Planning and Employee Benefits
• Module IV  : Investment Planning
• Module V   : Tax Planning & Estate Planning
• Module VI  : Advanced Financial Planning

There are 4 different packages for CFP^CM certification Training:

1. Bronze Package
   E-learning content + study material + Trainer support through e-mails
2. Silver Package
   Textbooks + Workbooks + Trainer support through e-mails
3. Gold Package
   E-learning content + Textbooks + Workbooks + Trainer support through e-mails
4. Platinum Package
   E-learning content + Textbooks + Workbooks + Trainer support through e-mails + 16 hours classroom session**

Note: Platinum package available from 1^st March, 2011.

Course Fee: (Limited period discounts available)

You can enroll for our programs by paying through four options:

• You can pay online at www.iactglobal.in/payment.asp
• Payment can be made by cheque in favour of "IACT GLOBAL". You can put a cheque in one of the HDFC/ICICI bank branches or ATM centres.
• We can send a person to collect the cheque from your home or office. Just send us your address.
• You can always courier the cheque to us. Please call us or write to us for our postal address.

(Cheque can be made for the appropriate amount depending on which option you decide to take.)

Pricing of some of the programs may vary. Please contact us for more details.

CFP^CM, CERTIFIED FINANCIAL PLANNER^CM, and are certification marks owned outside the U.S by Financial Planning Standards Board Ltd. Financial Planning Standards Board India is the marks licensing authority for the CFP^CM Marks in India, through agreement with FPSB Ltd.