Course Details/Schedule

Day 1

• Professional conduct and regulation
• CFP Board's Code of Ethics and Standards of Conduct
• CFP Board’s Procedural Rules
• Function, purpose, and general structure of financial institutions
• Financial services regulations and requirements
• Consumer protection laws
• Fiduciary standard and application

Day 2

• General principles of financial planning
• Financial planning process
• Financial statements
• Cash flow management
• Financing strategies and debt management
• Economic concepts

Day 3

• Time value of money concepts and calculations
• Education needs analysis
• Education savings vehicles
• Education funding
• Gift/income tax strategies

Day 4

• Risk management and insurance planning
• Principles of risk and insurance
• Analysis and evaluation of risk exposures
• Health insurance and health care cost management 
• Disability income insurance 
• Long-term care insurance and long-term case planning
• Qualified and Non-Qualified Annuities

Day 5

• Life insurance (individual and group)
• Business owner insurance solutions
• Insurance needs analysis
• Insurance policy and company selection

Day 6

• Investment planning
• Characteristics, uses and taxation of investment vehicles
• Types of investment risk
• Market cycles
• Quantitative investment concepts and measures of investment returns
• Asset allocation and portfolio diversification
• Bond and stock valuation concepts
• Portfolio development and analysis
• Investment strategies
• Alternative investments and liquidity risk

Day 7

• Tax planning
• Fundamental and current tax law
• Income tax fundamentals and calculations
• Characteristics and income taxation of business entities
• Income taxation of trusts and estates
• Tax reduction/management techniques
• Tax consequences of property transactions
• Tax implications of special circumstances
• Charitable/philanthropic contributions and deductions

Day 8

• Retirement savings and income planning
• Retirement needs analysis
• Social Security and Medicare planning
• Eldercare and special needs planning
• Types of retirement plans
• Qualified plan rules and options
• Non-qualified plan rules and options
• Key factors affecting plan selection for businesses
• Distribution rules and taxation
• Retirement income and distribution strategies
• Business succession planning

Day 9

• Estate planning
• Property titling and beneficiary designations
• Strategies to transfer property
• Estate and incapacity planning documents
• Gift, estate, and GST tax compliance and calculation
• Sources for estate liquidity
• Types, features, and taxation of trusts
• Marital deduction
• Intra-family and other business transfer techniques
• Postmortem estate planning techniques
• Planning for divorce, unmarried couples and other special circumstances
• Planning for special needs and circumstances

Day 10

• Psychology of financial planning
• Client and planner attitudes, values, biases
• Behavioral finance
• Sources of money conflict
• Principles of counseling
• General principles of effective communication
• Crisis events with severe consequences