The following topics will be covered in the course:
Financial Planning Practice and Process
- Financial Planning Process: The Personal Financial Planning Process
- Financial Planning Practice: Integrating Financial Planning Into your Business; Comprehensive vs. Modular Planning; Client Segmentation and Financial Planning; Reprofiling and Rediscovering Client Relationships by Segment; Rebranding and Repositioning the Advisor’s Offer
- Behavioural Finance: What Is Behavioural Finance; The Relevance of Behavioural Finance to the Wealth Advisor; Risk Tolerance Questionnaires and Their Limitations; Investor Biases
Family and Business Law
- Business Law: Contract; Agency; Fiduciary duty; Tort Law and Professional Liability; Consumer Protection in Canada; Bankruptcy Law in Canada; Cost of Credit
- Family Law: Marriage; Separation; Divorce; Maintenance and Support; Children of the Marriage; Division of Property on Marriage Breakdown
- Life Insurance Planning: Insurance Industry Regulation; Risk Management; Law and The Insurance Contract; Legal Liability; Principles of Life Insurance; Life Insurance Needs Analysis; Types of Life Insurance; Dividend Options; Taxation of Life Insurance
- Managing Risk by Using Disability and Other Types of Insurance: Disability Insurance; Critical Illness Insurance; Provincial Medical Insurance; Group Life and Health Insurance; General Insurance; Automobile Insurance
Financial Planning for Snowbirds
- Financial Planning for Snowbirds: Residency for US Income Tax Purposes; US Estate Planning Issues for Snowbirds; Structuring the Purchase of US Real Estate; Financial and Money Management; US Estate Planning Issues for Snowbirds; Risk Management Issues; Options Available for Permanent US Residency
Complementary section (online only)
- Complementary section (online only) which provides WME volume 1, Financial Math chapter and exercises, several case studies which revise content on budget, mortgage, insurance, laws, tax, retirement and estate planning, and an example of a financial plan
|Approximate Hours of Study**|
|Hours of Study||40 - 50 hours|
** In order to provide some guidance to course participants as to the length of time it will take to be sufficiently prepared to write the final examination, CSI has prepared this estimate of the number of hours an average participant could possibly expect to spend studying for a course. Please note that these are only recommended hours of study developed based on research and our course content, however, this does not mean that some students with exceptional backgrounds would not take less time than recommended or that students with no background at all in finance or economics would not take longer than the maximum.
How you’ll learn
This course is taught online and includes PDF textbook and online modules.
(weightings are approximate)
|Financial Planning Process||8%|
|Financial Planning Practice||12%|
|Financial Planning for Snowbirds||12%|
|Number of Exams||1|
|Exam Format||Paper Based|
|Exam Length||1.5 Hours|
|Question Format||Multiple Choice|
|Questions Per Exam||60|
|Attempts Allowed Per Exam||3*|
|Enrolment Period||1 year†|
*There is no charge for your first attempt at a paper-based exam within Canada, as long as it's at a regular exam center and you provide a minimum of 14 days notice before the date that you want to write the exam. If you would like to write a computer-based exam, an additional fee will be required.
Each subsequent paper-based exam attempt at a regular exam centre within Canada will also require an additional fee. This fee is in addition to any special, computer-based or international fees that may apply. You must provide a minimum of 14 days notice within Canada at a regular exam centre and 4 weeks notice for all other centres. Please note that the date of the exam is not part of any notice period.
†Please note: Access to your online materials will close 2 weeks after successful course completion or course expiry (whichever comes first). This course can be extended by 1 year provided you have not exceeded the attempts allowed for each exam. You can view CSI extension fees here. Your enrolment period can only be extended one time.
Important: During a student's enrolment period, CSI may update this course. In that case, details about the update and how it may affect students will be posted online via My CSI. Students are held responsible for and are examinable on the content in the course textbook(s) provided at the time of enrollment unless stated otherwise in My CSI. Students are encouraged to check My CSI regularly throughout their enrolment period.
Continuing Education (CE) Credits
Click the links below or the buttons at the top of the page on the right side to access CE accreditation information. To search for specific course information, press Ctrl + F and then enter the course name to search the document for the information you are interested in.
National/Provincial (Excluding Quebec)
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Please note: 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 charts above may be subject to change.
For details on the organizations and other information on CE Credits listed in the above charts, please click here.