Kaplan Financial Education Credentials That Matter CFP Certification Our Team Tiffani Malvin Program Coordinator Barry Univeristy Haillea Wagner Corporate Support Specialist Kaplan Financial ID: 772785
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©Kaplan Financial Education Credentials That Matter:CFP® Certification
Our Team Tiffani MalvinProgram Coordinator, Barry Univeristy Haillea WagnerCorporate Support Specialist, Kaplan Financial Joumana WittManager of Academic Operations, Kaplan FinancialJennifer SmaderNational Account Manager, Kaplan Financial
Overview Benefits of partnership with College for Financial Planning (CFFP) Facts, consumers, industry trends, and CFP® certificationBenefits of the CFP® mark Four E’s to CFP® certification
Benefits of PartnershipIf you haven’t already heard the news…Kaplan Professional acquired the College for Financial Planning. Two industry-leading companies, together, offering unparalleled CFP® exam program solutions.What’s in it for you?More education options than ever before with formats to suit your busy lifeAbility to use CFP® credits toward the CFFP Masters ProgramIndustry expertise: CFFP created the CFP Certification in 1972; and Kaplan has helped over 37,000 people prepare for the CFP® exam.
Over 90% of investors want their advisor to: provide clear explanations consider tax implications help them make informed decisions be proactive to update recommendations as needs change * What Consumers Look For s ://www.fpsb.org/cfp-certification/benefits-of-cfp-certification/for-the-public *Dalbar study, Investor Preferences for Financial Advisors, April 2015. Consumers who work with a CFP® professional feel more confident about their financial situation than those who work with a different type of financial advisor. Consumers who have a comprehensive financial plan are nearly 3 TIMES more likely to feel confident about achieving their goals.
Personal Benefits of Certification91% of certificants are strongly satisfied with their decision to pursue the CFP® markAlois Parker, S. Schmitt, “Building a Wealth Management Practice: Measuring CFP® Professionals’ Contribution," Aite Group, February 2016; Average as reporting in the College for Financial Planning 2016 Survey of Trends in the Financial Planning Industry On average, CFP ® professionals earn 26% more in compensation than non-CFP ® professionals 70% of CFP ® professionals believe the CFP ® mark has had a significant or considerable impact on their personal success as a financial planner 91% 70%26%
The Four E’s to CFP® Certification
Complete the Education RequirementBefore applying for the National Board Exam, the education requirement must be met:Complete a CFP Board-Registered Education ProgramApply for Challenge StatusChallenge candidates must complete the Financial Plan Development Course. (CFA, CPA, Licensed Attorney, PhD, CLU, & ChFC)Request a Transcript Review Request a Transcript ReviewMust obtain bachelor's degree (or higher), or its equivalent, from an accredited college or university Education
Pass the CFP® Certification ExaminationComputer-Based 6-hour exam; divided into two 3-hour sessions 170 multiple-choice questions; case studies plus item setsAdministered three times a year in March, July, & November over an 8-day window in each monthExam administered at Prometric locations - over 265 locations nationwideExam
Pass the CFP® Certification ExaminationExam Retake LimitThe CFP® Certification Exam is a criterion referenced, pass or fail exam.Scores are based on a minimum standard established by the CFP® professionals in a formal process known as Standards SettingIndividuals may attempt the exam a maximum of three times within a 2-year period and a lifetime maximum of five timesExam
Meet the Experience RequirementThree years of qualifying full-time work experience or the equivalent of 2,000 hours part-time work per year OR Two years apprenticeship experienceEffective September 1, 20124,000 Hour Pathway and must be documented with verification from the supervising CFP® professionalCFP Board regulates what qualifies as experience. For more information, visit www.cfp.net.Experience
The Ethics RequirementMust agree to adhere to CFP Board’s Code of Ethics and Professional Responsibility and Financial Planning Practice Standards, and to acknowledge CFP Board’s right to enforce them through its Disciplinary Rules and ProceduresSign Fitness Standards for Candidates and Registrants application Agree to and pay for background checkEthics
About the ProgramStructure9 month part-time program, starting January 17th, 2020Classes meet Fridays 5:30 P.M. to 9:45 P.M.Saturdays 9:00 A.M. to 5:00 P.M.(On occasion, holidays or local events may prevent this accommodation.) AssessmentEach course contains 10 quizzes (1 per unit), a case study quiz, and a final exam
About the Program6 Courses General Financial Planning, Principles, Professional Conduct, Regulation & Risk Management, Insurance, and Employee Benefits PlanningInvest PlanningRetirement Savings and Income PlanningTax PlanningEstate PlanningFinancial Plan Development (Capstone) Note: The Final Exam(s) will be taken outside of class for the first course only! This is due to the consolidation of 2 courses. We want to ensure class time is spent on content and exam readiness.
About the ProgramOutstanding FacultyFaculty are hired and trained by Kaplan Financial All faculty have either received their CFP® Certification or have advanced degreesOur faculty are experts in the areas they are teachingFaculty help make your study time more efficientClasses are held at a level that is challenging for both the financial services professional and career changers
About the ProgramFinancial ConsiderationsTuition Cost: $5300.00Tuition does not include textbooksApproximate textbook cost: $550Tuition can be paid at the beginning of the programApplication ProcessApplication RequirementsApplication formBachelor’s DegreeOriginal transcript from an accredited universityCurrent Resume
Your Commitment Attend ClassPrior to class starting, complete all reading assignmentsComplete assigned homework problemsParticipate- you will get out of the program what you put into the programStudy, study, study! 1-2 hours out of the classroom for every hour in class
SummaryEarn an Executive Certificate in Financial Planning from Barry UniversityProgram start date: January 17th, 2020Take part in a CFP Board-Registered Program with an excellent curriculumLearn from a highly qualified faculty teamFulfill the CFP Board’s education requirement in 9 months
Tiffani MalvinProgram Coordinator, Barry University305-981-5148 or tmalvin@barry.eduHaillea WagnerCorporate Support Specialist, Kaplan Financial888-450-4681 or partneradvisor@kaplan.com visor@Kaplan.com n.com Jennifer SmaderNational Account Manager, Kaplan Financial877-311-9762 or jennifersmader@kaplan.comCFP Board of StandardsWebsite: www.cfp.net800-487-1497 Key Contact Information