Canadian Securities Institute, Moody's Analytics Training & Certification Services
Mobile Menu

Certified Financial Planner®/CFP® Certification

IMPORTANT

FP CanadaTM (previously Financial Planning Standards Council) recently announced changes to the educational requirements to earn the CFP® designation or the new Qualified Associate Financial PlannerTM certification that becomes effective on January 1, 2020.  Specific details are available on the FP Canada website at https://www.fpcanada.ca/

CSI is currently updating its educational path to the CFP designation and will also be introducing a path to the new QAFPTM certification. These new education paths (subject to FP Canada final approval) will include the current CSI courses leading to the CFP designation and additional top up courses to address the curriculum changes.  The courses offered through CSI will meet the educational requirements and allow entry into the FP Canada path to the QAFP certification and CFP certification, which now also includes courses offered only through FP Canada.  

PRESENT EDUCATIONAL PATHS TO FPSC Level 1® and CFP CERTIFICATIONS (For June and November 2019 Exam Sessions)

CSI provides you with three routes towards achieving the CFP designation. Each of these routes meets the educational requirements on the path to CFP Certification and is tailored to the intricacies of the industry (banking, mutual fund dealer or investment dealer) it is designed for. It is recommended that students opt for the route of the industry they work in or aspire to, as that route is best structured and nuanced for that particular field. “Click on a course in one of the paths to learn more and enrol.”

Stream 1: CFP® Certification Route for Bankers

Successful completion of the Canadian Securities Course (CSC®) or Investment Funds in Canada (IFC), Financial Planning I (FP I) and Financial Planning II (FP II) prepares and qualifies you to write the FP Canada Level 1®  Examination in Financial Planning, the first examination on your route to CFP Certification.

New CFP path IFC CSC FP I FP II CFP

Stream 2: CFP® Certification Route for Mutual Fund Representatives (MFDA)

Successful completion of the Investment Funds in Canada or the Canadian Securities Course (or the Canadian Investment Funds Course or Canadian Funds Course), the Fundamentals of Financial Planning, and the Building a Mutual Funds Advisory Practice grants you the Certificate in Advanced Mutual Funds Advice. With the addition of the Financial Planning Supplement this route qualifies you to write the FP Canada Level 1®  Examination in Financial Planning, the first examination on your route to CFP Certification.

New CFP path IFC CSC FOFP BMAP CFP CMFA

Stream 3: CFP® Certification Route for Investment Advisors (IIROC)

Successful completion of the Canadian Securities Course (CSC®), the Wealth Management Essentials (WME) and the WME-Financial Planning Supplement or Financial Planning Supplement prepares and qualifies you to write the FP Canada Level 1® Examination in Financial Planning, the first examination on your route to CFP Certification.

New CFP path CSC WME FPSU WME-FP CFP

Please note:

Candidates must attempt the FP Canada Level 1 Examination in Financial Planning within four years of completing their last CSI course en route to CFP certification, without exception. FP Canada conducts this examination twice a year; in June and November. Please check the FP Canada website for exact dates and plan your studies / course work accordingly.

Candidates must also complete an FP Canada–approved Capstone Course before writing the CFP Examination.

In accordance with the announced FP Canada changes, the last registrations for the CSI Capstone for CFP Certification Course will be June 14, 2019. This will provide candidates with enough time to complete the capstone course prior to registration for the November 2019 exams.

Effective January 1, 2020, the Capstone Course will no longer be accepted for candidates wishing to write the CFP examination for the first time. After January 1, 2020, candidates writing the CFP exam for the first time must successfully complete FP Canada-Approved Core and Advanced Curriculum Programs and FP Canada's Introduction to Professional Ethics course and CFP Professional Education Program prior to writing the CFP exam. 

To write the FP Canada Level 1® Examination in Financial Planning or CFP® Examination, you must register directly with FP Canada. Please note that FP Canada will not accept faxes or web transcripts from individual students. Login to your  CSI student profile to access your transcript through the Notice Access Center.  From there you can  email a copy of your web transcript to info@fpcanada.ca.

For details on how to earn the CFP designation, please visit the Financial Planning Standards Council website.

NEW EDUCATIONAL PATHS TO QAFP and CFP CERTIFICATIONS (Effective January 2020)

 

 

Note:  Please refer to the FP Canada website for information on experience requirements and pre-requisites (such as college/university diplomas or degrees) https://www.fpcanada.ca/

CSI's Supplement to QAFP Certification and CFP Certification courses are expected to be launched in Fall 2019/Winter 2020.

STUDY AIDS

Important Information From FP Canada

Students enrolled in a CSI education stream leading to CFP® certification are eligible for free access to new online services offered by Financial Planning Standards Council (FP Canada). FP Canada Online Resources offer access to exclusive content and interactive tools to help in the process of learning and gaining necessary work experience on the path to CFP certification.

Student resources include sample examination questionsa job board identifying financial planning positions available for students, upcoming financial planning events, including relevant conferences and seminars, as well as a Study Toolkit, which contains a number of resources to help you prepare.

To learn more about FP Canada Online Resources or if you have any questions, please visit the FP Canada website  or contact FP Canada at info@fpcanada.ca.


1 The CFP designation is not awarded by CSI. It is granted under license by the Financial Planning Standards Council to those who have met its educational standards, passed the FP Canada Level 1® Examination in Financial Planning and CFP® Examination, satisfied a work experience requirement and agree to abide by FP Canada Code of Ethics.

2 CFP®, Certified Financial Planner® and CFP (with flame logo) are trademarks owned outside the U.S. by Financial Planning Standards Board Ltd. Financial Planning Standards Council is the marks licensing authority for the CFP marks in Canada, through agreement with FPSB.