Chartered Financial Consultant

Chartered Financial Consultant (ChFC) is the "Advanced Financial Planning" designation awarded by The American College of Financial Services.[1] Charter holders use the designation ChFC on their resumes and are qualified to provide comprehensive advanced financial planning for individuals, professionals, and small business owners. The authority to use the ChFC mark is granted by the Certification Committee of the Board of Trustees of The American College and is contingent on adherence to a set of ethical guidelines.[2] According to the American College, "[a]ll ChFC advisors are required to do the same for clients that they would do for themselves in similar circumstances, the standard of ethical behavior most beneficial for their clients."[3] Since 1982, approximately 40,000 people have earned the ChFC through regionally accredited program courses and exams.[4]

Requirements

To secure the designation, applicants must have three years of full-time business experience within the preceding five years and must complete nine college-level courses, equivalent to 27 semester credit hours.[5] Students must master over 100 topics on integrated advanced financial planning, covering areas such as:[6][7]

Exams are closed-book and proctored for each course much like any business course offered by an accredited institution.[8] To maintain the designation, holders must complete 30 hours of continuing education every two years and adhere to The American College Code of Ethics and Procedures.[9]

The American College is Accredited By Middle States Commission on Higher Education Agency.[10]

See also

References

External links

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