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MAINTENANCE REQUIREMENTS

To represent yourself an as active CIM® in good standing - and to uphold the prestige of your letters - you must renew your designation annually.

All CIM®s must renew their designation by their anniversary date (the date the designation was originally granted). You will receive reminders 4 weeks and 1 week prior to your deadline.

You must meet the following maintenance requirements:

  1. Continuing Education

    The world we work and live in is constantly evolving. As a financial advisor it’s critical that you commit to lifelong learning and have a handle on the trends and issues that affect your industry - and, most importantly, your clients.

    Each CIM® is required to earn 42 continuing education (CE) hours (30 hours of Professional Development and 12 hours of Compliance) every three (3) years. This 3-year CE cycle has been aligned to the IIROC CE cycle and requirement, which is currently January 1, 2015 to December 31, 2017. The first CIM® CE cycle began on January 1, 2012. For more information on the CE cycle, visit the IIROC website.

    General Requirements

    CE content must fall within a competency associated with the CIM® designation:

    • Regulation
    • Ethics
    • Standards of practice
    • Sales and marketing
    • Client discovery and interaction
    • Analysis of environment
    • Asset allocation and investing styles
    • Security selection
    • Derivatives
    • Managed product selection
    • Alternative investment selection
    • Structured product selection
    • Investment Policy Statement (IPS)
    • Implementing the IPS
    • Portfolio construction
    • Portfolio monitoring, measuring and rebalancing
    • Portfolio reporting

    CE Tools & Resources


  2. Qualifying Activity Providers
    Courses can be taken from CSI or other external providers (e.g., community colleges, universities, other professional education providers or in-house at your employer). It is up to you/your employer to determine if a course meets CSI’s CIM® CE Course Guidelines.

    Activity & Hours Tracking
    Make sure you retain supporting documents to confirm completion of CE credits. Each year, 10% of CIM®s will be audited to verify the CE hours claimed on their designation renewal applications.
  1. Code of Ethics

    CIM®s must re-commit to the CIM® Code of Ethics each year.

  1. Trademark

    To continue using the CIM® trademarks in your own marketing, CIM®s must re-commit to the Certification Mark Licence Agreement each year.

  1. Licence

    CIM®s are required to pay a non-refundable licence fee of $275 each year. The licence fee goes towards  your trademark rights, benefits from CSI and promotion of the value of your designation to the industry and the investing public.

If You Do Not Renew

Designation holders who do not renew will be deemed to be “not in good standing.” You will receive a letter stating that you are no longer eligible to use the CIM® trademarks. If you continue to use the trademarks, then legal action may be taken.

You will also be removed from the CIM® Directory.

Reinstatement Policy

CIM®s are given the opportunity to reactivate their licence after a lapse of up to 5 years. If your designation has lapsed for more than 5 years, you’ll be required to re-take and successfully complete the Portfolio Management Techniques course and meet the work experience requirement.

If the lapse is 5 years or less, you can reactivate by completing the following steps: