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Certified Financial Planner® (CFP®) Designation

Advocis is a proud founding member of the Financial Planning Standards Council (FPSC), which was established in November 1995 with the core mission of "promoting and enforcing professional standards in financial planning through the Certified Financial Planner certification, and raising Canadians' awareness of the importance of financial planning." Advocis continues to support and uphold this commitment to promoting competency and ethical standards among financial advisors and planners.

CFP designation holders, highly regarded for their ability to provide clients with comprehensive financial planning services, put clients' interests first and ensure clients' financial needs and objectives are fulfilled through the financial planning process. For more information, please visit the FPSC website.

The Advocis CFP Certification Program has changed! Advocis has updated their FPSC-approved program, designed to provide practitioners with a high degree of education in the delivery of competent financial planning advice and service. These new updates not only include recent changes to legislation, but also a newly designed curriculum path, leading to a more intuitive learning experience for students. The CFP designation is conferred by the FPSC after students complete rigorous examinations and meet other standards as set by the FPSC.

New Core Curriculum

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Who Should Enrol?

  • Individuals looking to earn the internationally recognized CFP designation
  • Financial services professionals or specialists looking to help consumers plan for their financial future through comprehensive financial planning.

Requirements

Individuals who successfully complete Advocis' four core curriculum courses and the Capstone course meet the educational requirements on the path to the CFP designation.


Core Curriculum Courses

FP241 — Financial Planning Foundations

This course introduces the fundamentals of personal financial planning. Students will be expected to acquire an understanding of the concepts and applications associated with time value of money financial calculations and the analysis of personal financial statements. In addition, the course includes an analysis of government sponsored programs such as Registered Education Savings Plans and Tax Free Savings Accounts. This course concludes with a discussion of the fundamentals of economics and investing as they relate to key areas of financial planning.

  • Learning Objectives
  • Overview
  • Features
  • CE Credits
  • Delivery
  • Price

  • Understand the concepts and applications associated with time value of money financial calculations and develop the ability to accurately analyze personal financial statements
  • Assimilate the financial planning process and understand its role in the financial services sector

Format: Self-study: online learning and testing

Pre-requisites: None

Additional Material: None

Completion Requirements:

  • Passing mark is 60%
  • Completion of five online module quizzes (30% of overall mark)
  • Completion of one case study (10% of overall mark)
  • Final online exam (60% of overall mark)


  • 24/7 access to the Advocis Learning Centre
  • Download the eBook version of the course content
  • Robust Practice Tool
  • 120-day window for completion
  • First exam attempt
  • Keep track of your development with the Class Progress tool
  • Searchable glossary
  • ReadSpeaker text-to-speech tool


Alberta Insurance Council: 30 Life, 30 A&S

Chambre de la Sécurité Financière: 5 Compliance, 10 General Subjects, 10 Insurance of Persons, 5 Group Savings Plan Brokerage

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute) should contact the governing body for confirmation of CE/PDU qualification.


  • Self-study: We recommend students create and follow a study schedule, and take advantage of the exercises, problems and case studies offered throughout the course. After each module quiz, students receive feedback on incorrect answers to advance their learning in preparation for the final exam.

  • Instructor-led: Advocis has partnered with a number of post secondary institutions to offer our courses in a classroom setting. Please click here for additional information on how to register for this program through one of our education partners.


Members: $450.00 $150.00 plus shipping & taxes (special price available until December 31, 2017)

Non-members: $570.00 plus shipping & taxes

Administrative Policies:

  • Course duration is 120 days
  • A 2 month extension can be purchased for a fee
  • Allow for 1-2 business days to access the course following the registration and payment process

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FP242 — Taxation and Investment Planning

This course begins with an introduction to basic income tax laws, followed by a more advanced study of tax planning in the context of both personal and business situations. Students will gain an in-depth knowledge of various business structures, and evaluate those structures from a legal, tax, and financial planning perspective. Additionally, the course includes a thorough discussion of investment products including investments in stocks, bonds, mutual funds, exchange traded funds, and segregated funds as well as the application of those products in various investment strategies.

  • Learning Objectives
  • Overview
  • Features
  • CE Credits
  • Delivery
  • Price

  • Acquire an in-depth knowledge of personal and business taxation within the context of financial planning
  • Gain a thorough understanding of investment products, including stocks, bonds, mutual funds, exchange traded funds and segregated funds

Format: Self-study: online learning and testing

Pre-requisites: None

Additional Material: None

Completion Requirements:

  • Passing mark is 60%
  • Completion of five online module quizzes (30% of overall mark)
  • Completion of one case study (10% of overall mark)
  • Final online exam (60% of overall mark)


  • 24/7 access to the Advocis Learning Centre
  • Download the eBook version of the course content
  • Robust Practice Tool
  • 120-day window for completion
  • First exam attempt
  • Keep track of your development with the Class Progress tool
  • Searchable glossary
  • ReadSpeaker text-to-speech tool


Alberta Insurance Council: 30 Life

Chambre de la Sècuritè Financiére: 10 General Subjects, 10 Insurance of Persons

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.


  • Self-study: We recommend students create and follow a study schedule, and take advantage of the exercises, problems and case studies offered throughout the course. After each module quiz, students receive feedback on incorrect answers to advance their learning in preparation for the final exam.

  • Instructor-led: Advocis has partnered with a number of post secondary institutions to offer our courses in a classroom setting. Please click here for additional information on how to register for this program through one of our education partners.


Members: $450.00 plus shipping & taxes

Non-members: $570.00 plus shipping & taxes

Administrative Policies:

  • Course duration is 120 days
  • A 2 month extension can be purchased for a fee
  • Allow for 1-2 business days to access the course following the registration and payment process

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FP243 — Retirement Income Planning

This course is designed to provide students with a detailed understanding of the principles and applications related to retirement income planning. Students will develop an in-depth knowledge of government benefit programs such as the Canada Pension Plan and Old Age Security, as well as employer-sponsored registered plans such as defined benefit and defined contribution pension plans. Finally, the course provides a comprehensive analysis of Registered Retirement Savings Plans and Registered Retirement Income Funds within the context of retirement planning and establishing retirement goals and objectives.

  • Learning Objectives
  • Overview
  • Features
  • CE Credits
  • Delivery
  • Price

  • Acquire a detailed understanding of the principles and applications related to retirement income planning
  • Develop an in-depth knowledge of government benefit programs such as the Canada Pension Plan and Old Age Security, as well as employer-sponsored registered plans such as defined benefit and defined contribution pension plans

Format: Self-study: online learning and testing

Pre-requisites: None

Additional Material: None

Completion Requirements:

  • Passing mark is 60%
  • Completion of five online module quizzes (30% of overall mark)
  • Completion of one case study (10% of overall mark)
  • Final online exam (60% of overall mark)


  • 24/7 access to the Advocis Learning Centre
  • Download the eBook version of the course content
  • Robust Practice Tool
  • 120-day window for completion
  • First exam attempt
  • Keep track of your development with the Class Progress tool
  • Searchable glossary
  • ReadSpeaker text-to-speech tool


Alberta Insurance Council: 30 Life

Chambre de la Sècuritè Financiére: 10 Insurance of Persons, 10 Group Insurance of Persons, 10 Group Savings Plan Brokerage.

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.


  • Self-study: We recommend students create and follow a study schedule, and take advantage of the exercises, problems and case studies offered throughout the course. After each module quiz, students receive feedback on incorrect answers to advance their learning in preparation for the final exam.

  • Instructor-led: Advocis has partnered with a number of post secondary institutions to offer our courses in a classroom setting. Please click here for additional information on how to register for this program through one of our education partners.


Members: $450.00 plus shipping & taxes

Non-members: $570.00 plus shipping & taxes

Administrative Policies:

  • Course duration is 120 days
  • A 2 month extension can be purchased for a fee
  • Allow for 1-2 business days to access the course following the registration and payment process

regnow1  regnow1

FP244 – Insurance and Estate Planning

This course begins with legal fundamentals and the basics of family law, including the implications of relationship breakdown, support obligations, and title to property. Risk management fundamentals are discussed in the context of life, living benefits, and property and casualty insurance. Students will gain a working knowledge of the advantages, disadvantages, and income tax implications of various insurance products. The course concludes with an estate planning discussion including the use of trusts, wills, powers of attorney, and concepts and principles related to the taxation of a deceased taxpayer.

  • Learning Objectives
  • Overview
  • Features
  • CE Credits
  • Delivery
  • Price

  • Assimilate the legal fundamentals and the basics of family law, including the implications of relationship breakdown, support obligations, and title to property
  • Gain a working knowledge of the advantages, disadvantages, and income tax implications of various insurance products
  • Develop a thorough understanding of the use of trusts, wills, powers of attorney, and concepts and principles related to the taxation of a deceased taxpayer

Format: Self-study: online learning and testing

Pre-requisites: None

Additional Material: None

Completion Requirements:

  • Passing mark is 60%
  • Completion of four online module quizzes (30% of overall mark)
  • Completion of one case study (10% of overall mark)
  • Final online exam (60% of overall mark)


  • 24/7 access to the Advocis Learning Centre
  • Download the eBook version of the course content
  • Robust Practice Tool
  • 120-day window for completion
  • First exam attempt
  • Keep track of your development with the Class Progress tool
  • Searchable glossary
  • ReadSpeaker text-to-speech tool



  • Self-study: We recommend students create and follow a study schedule, and take advantage of the exercises, problems and case studies offered throughout the course. After each module quiz, students receive feedback on incorrect answers to advance their learning in preparation for the final exam.

  • Instructor-led: Advocis has partnered with a number of post secondary institutions to offer our courses in a classroom setting. Please click here for additional information on how to register for this program through one of our education partners.


Members: $450.00 plus shipping & taxes

Non-members: $570.00 plus shipping & taxes

Administrative Policies:

  • Course duration is 120 days
  • A two month extension can be purchased for a fee
  • Allow for 1-2 business days to access the course following the registration and payment process

regnow1  regnow1

Capstone Course

FP245 – Advocis FPSC-Approved Capstone Course

This course focuses on preparing a modular and comprehensive financial plan on an FPSC-approved case study that follows the six-step financial planning process and addresses the competencies laid out in the CFP Professional Competency Profile. Students are expected to apply the knowledge gained through the Advocis CFP Certification Program to develop a comprehensive financial plan that addresses the objectives of a hypothetical client.

Note: The Modular Plan and Comprehensive Plans are based on an FPSC Case. Students must purchase this case separately through the FPSC website.

  • Learning Objectives
  • Overview
  • Features
  • CE Credits
  • Delivery
  • Price

  • To appreciate the Financial Planning Standards Council's role in bringing professional standards to practitioners
  • To apply the provisions of the Income Tax Act to the financial planning exercise
  • To understand and apply risk management principles and practices in developing a client's financial plan
  • To evaluate asset management strategies for a client
  • To analyze retirement programs and products as part of the financial planning process
  • To evaluate estate planning alternatives based on the integrated knowledge gathered from the client during the financial planning process
  • To consider financial management strategies in addressing financial planning problems and opportunities


Format: Self-study: Printed study guide, online testing, assignments & discussion forums

Pre-requisites: FP241 to 244

Additional Material:

Completion Requirements:

  • Passing mark is 60%
  • Completion of Ethics discussion (10% of overall mark)
  • Completion of one modular plan (20% of overall mark)
  • Completion of four module quizzes (20% of overall mark)
  • Completion of one comprehensive plan (50% of overall mark)

Winter 2018 (registration closes January 22, 2018)

Assignment % of Overall Course Mark Deadline
Completion of modular plan 20% February 9, 2018
Completion of comprehensive plan 50% March 26, 2018
Participation in online ethics discussion forum 10% First posting: March 12, 2018 Second and third posting: March 31, 2018
Completion of four online module quizzes 20% April 16, 2018

Completion of each component is mandatory in order to pass the course.


  • 24/7 access to the Advocis Learning Centre
  • Download the eBook version of the course content
  • Robust Practice Tool
  • 120-day window for completion
  • First exam attempt
  • Keep track of your development with the Class Progress tool
  • Searchable glossary
  • ReadSpeaker text-to-speech tool


Alberta Insurance Council: 30 Life

Chambre de la Sécurité Financière: 5 Compliance, 10 Insurance of Persons, 10 Group Insurance of Persons, 5 Group savings plan brokerage

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute) should contact the governing body for confirmation of CE/PDU qualification.


  • Self-study: We recommend students create and follow a study schedule, and take advantage of the self-test questions and case studies offered throughout the course. Students have access to feedback reports for both the financial plan assignments and module quizzes to advance their overall learning.

  • Instructor-led: Advocis has partnered with a number of post-secondary institutions to offer our courses in a classroom setting. Please click here for additional information on how to register for this program through one of our education partners.


Members: $600.00 plus shipping & taxes (FPSC case study not included)

Non-members: $800.00 plus shipping & taxes (FPSC case study not included)

Administrative Policies:

  • Course is offered on a semester basis
  • A re-write or re-enrollment can be purchased for a fee
  • Allow for 1-2 business days to access the course following the registration and payment process

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This course focuses on preparing a modular and comprehensive financial plan on an FPSC-approved case study that follows the six-step financial planning process and addresses the competencies laid out in the CFP Professional Competency Profile. Students are expected to apply the knowledge gained through the Advocis CFP Certification Program to develop a comprehensive financial plan that addresses the objectives of a hypothetical client.

Note: The Modular Plan and Comprehensive Plans are based on an FPSC Case. Students must purchase this case separately through the FPSC website.

For more information on the path to CFP certification, please visit the FPSC website.

Note: Advocis does not award the CFP and Certified Financial Planner designation. The right to use the marks CFP, CERTIFIED FINANCIAL PLANNER and CFP (logo) is granted under license by FPSC to those persons who have met its educational standards, passed the certification examinations, satisfied a work experience requirement, and agreed to abide by the Standards of Professional Responsibility for CFP Professionals and FPSC Level 1 Certificants in Financial Planning.