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MAINTENANCE REQUIREMENTS

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

All CIWMs must renew their designation by their anniversary date (the date the designation was originally granted). You will receive email reminders 4 weeks and 1 week prior to your renewal 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 CIWM is required to earn 12 continuing education (CE) hours per calendar year, starting the first full year after your earn your designation.

General Requirements

  • 9 hours of professional development CE credits
  • 3 hours of compliance-related CE credits

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).

Activity & Hours Tracking

Make sure you retain supporting documents to confirm completion of CE credits. Each year a percentage of CIWMs will be audited to verify the CE hours claimed on their designation renewal applications.

  1. Code of Ethics
  2. Trademark
  3. Licence
    • IWMs are required to pay a non-refundable license fee of $275 each year.

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 CIWM trademarks. If you continue to use the trademarks, then legal action may be taken.

You will also be removed from CSI’s Canadian CIWM Directory and AIWM’s global CIWM directory.

Reinstatement Policy

CIWMs are given the opportunity to reactivate their license 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 Strategic Wealth 360 assessment and meet the work experience requirement.

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