For all questions related to CIRO’s Proposed Proficiency Model, please visit CIRO’s webpage or email proficiency@ciro.ca.
Hours of study: 110 – 160 Hours
Enrolment Period: 1 Year
PLEASE NOTE: All WME Fast-Track versions are no longer for sale. However, you may still enrol into the regular WME course
What is the WME-FP exam weighting?
| Exam One Topics | Weightings |
|---|---|
|
Exam one is a shortened exam which excludes questions related to “Financial Planning” for which candidates have already demonstrated competency. |
|
| Getting to Know the Client and Assessing their Financial Situation | 27% |
| Investment Management and Asset Allocation | 23% |
| Equity and Debt Securities | 25% |
| Managed Products, Portfolio Monitoring and Evaluation | 25% |
| Exam Two Topics | Weightings |
|---|---|
|
Exam two covers material from the entire Wealth Management Essentials course and focuses on the integration and application of concepts. |
|
| Getting to Know the Client and Assessing their Financial Situation | 22% |
| Family Law, Risk Management and Tax Planning | 14% |
| Retirement Planning | 16% |
| Estate Planning | 8% |
| Investment Management and Asset Allocation | 12% |
| Equity and Debt Securities | 14% |
| Managed Products, Portfolio Monitoring and Evaluation | 14% |
What is the WME-FP exam structure?
| Structure | Information |
|---|---|
| Exams | 2 |
| Exam Format | Exam 1: Proctored (remote or in-person at a test centre) Exam 2: Proctored (remote or in-person at a test centre) |
| Exam Duration | Exam 1: 1.5 Hours Exam 2: 3 Hours |
| Question Format | Exam 1: Multiple-choice Exam 2: Multiple cases with multiple-choice questions |
| Questions Per Exam | Exam 1: 60 Questions Exam 2: 65 Questions |
| Attempts Allowed Per Exam | 3 |
| Passing Grade | Exam 1: 60% Exam 2: 60% |
| Assignments | None |
What Continuing Education (CE) credits will you earn?
| Accreditation | Credits |
|---|---|
| IPF SFPA | 15 |
| IPF SC | 5 |
| FSRA Life Insurance | 30 |
| ICS Life Insurance | 30 |
| ICM Life Insurance | 10 |
| AIC Life Insurance | 30 |
| AMP Mortgage | 24 |
View CE credits for all CSI courses and all associations.
While CSI makes every effort to ensure that the information is up-to-date, we are unfortunately unable to fully guarantee its accuracy. The information listed in the chart may be subject to change.