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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.

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Advocis has developed an FPSC-approved education program leading to CFP® certification, to provide practitioners with a high degree of education in the delivery of competent financial planning advice and service. The CFP® designation is conferred by FPSC after students complete rigorous examinations and meet other standards set by FPSC.

CFP® designation holders are highly regarded for their ability to provide clients with comprehensive financial planning services. CFP® designation holders put clients' interests first and ensure clients' financial needs and objectives are being met through the financial planning process.

CFP® designation holders, very 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 being completely fulfilled through the financial planning process. For more information, please visit the FPSC website.

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.

Core Courses

CFP students must successfully complete all four core courses to earn the CFP Designation.

231 – Financial Planning Fundamentals

This course introduces the fundamentals of financial planning, and looks at concepts and applications associated with financial calculations and financial statement analysis. Contracting and family law basics are covered followed by a review of government-sponsored benefit programs

  • Learning Objectives
  • Overview
  • Features
  • Delivery
  • Price

  • To understand the concepts and applications associated with financial calculations and financial statement analysis, and the basic concepts of contracting and family law, and government sponsored benefit programs

Format: Self-study: Printed study guide & online testing

Pre-requisites: None

CE Credits: 30

Study Hours: 38

Additional Material: None

Completion Requirements:

  • Passing mark is 60%
  • Completion of four online module quizzes (40% of overall mark)
  • Final online exam (60% of overall mark)


  • 24/7 access to the Advocis Learning Centre
  • Self-test questions, practice exercises and case studies
  • First exam attempt
  • 120-day window for completion
  • Access to the Binder tool
  • Access to help for course-related questions


  • 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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232 – Contemporary Practices in Financial Planning

This course progresses into an advanced understanding of tax laws as they relate to financial planning, including a financial planner's professional and ethical responsibilities. Different forms of business structures and services are explored in- depth, along with an understanding of trusts.

  • Learning Objectives
  • Overview
  • Features
  • Delivery
  • Price

  • To identify, analyze, interpret and evaluate tax situations using income tax terminology and general tax concepts including types of income and deductions, non-refundable tax credits and clawback provisions
  • To understand, explain and apply extensive applications relative to capital gains including types of property, adjusted cost base, deemed dispositions, recapture of CCA and terminal loss rules
  • To identify, explain and apply an in-depth knowledge of different forms of organizations including a sole proprietorship, partnership, and corporation


Format: Self-study: Printed study guide & online testing

Pre-requisites: CFP 231

CE Credits: 30

Study Hours: 47

Additional Material: None

Completion Requirements:

  • Passing mark is 60%
  • Completion of four online module quizzes (40% of overall mark)
  • Final online exam (60% of overall mark)


  • 24/7 access to the Advocis Learning Centre
  • Self-test questions, practice exercises and case studies
  • First exam attempt
  • 120-day window for completion
  • Access to the Binder tool
  • Access to help for course-related questions


  • 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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233 – Comprehensive Practices in Risk & Retirement Planning

This course provides a comprehensive study of the principles and applications for both risk management and retirement planning. Particular focus is given to insurance and retirement planning practices, issues and products. Also explored are risk management and retirement planning processes progressing from the wealth accumulation phase into the retirement phase.

  • Learning Objectives
  • Overview
  • Features
  • Delivery
  • Price

  • To understand the products, issues and practices of managing risk
  • To consider aspects of retirement planning and the application of various retirement plan vehicles to meet retirement planning objectives


Format: Self-study: Printed study guide & online testing

Pre-requisites: CFP 231 & 232

CE Credits: 30

Study Hours: 57

Additional Material: None

Completion Requirements:

  • Passing mark is 60%
  • Completion of six online module quizzes (40% of overall mark)
  • Final online exam (60% of overall mark)


  • 24/7 access to the Advocis Learning Centre
  • Self-test questions, practice exercises and case studies
  • First exam attempt
  • 120-day window for completion
  • Access to the Binder tool
  • Access to help for course-related questions


  • 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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234 – Wealth Management & Estate Planning

This course reviews economics and investing basics, and provides an understanding of investment products. Investment planning and key areas of financial management are also explored. The course concludes with estate planning fundamentals, concepts and applications.

  • Learning Objectives
  • Overview
  • Features
  • Delivery
  • Price

  • To understand the fundamentals important to the topics of economics and investing as they relate to key areas of financial planning
  • To examine a broad array of investment products and explores the subject of personal financial management
  • To consider estate planning fundamentals, concepts and applications to the financial planning process


Format: Self-study: Printed study guide & online testing

Pre-requisites: CFP 231, 232 & 233

CE Credits: 30

Study Hours: 55

Additional Material: None

Completion Requirements:

  • Passing mark is 60%
  • Completion of five online module quizzes (40% of overall mark)
  • Final online exam (60% of overall mark)


  • 24/7 access to the Advocis Learning Centre
  • Self-test questions, practice exercises and case studies
  • First exam attempt
  • 120-day window for completion
  • Access to the Binder tool
  • Access to help for course-related questions


  • 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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Capstone Course

CFP students must successfully complete the Capstone course to earn the CFP Designation.

245 – 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
  • 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: CFP 231-234

CE Credits: 30

Study Hours: 115

Additional Material:

Completion Requirements:

  • Passing mark is 60%

Summer 2017 (registration closes July 31, 2017)

Assignment % of Overall Course Mark Deadline
Completion of modular plan 20% August 7, 2017
Completion of comprehensive plan 50% September 20, 2017
Participation in online ethics discussion forum 10% First posting: August 11, 2017
Second and third posting: September 1, 2017
Completion of four online module quizzes 20% September 30, 2017

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


  • 24/7 access to the Advocis Learning Centre
  • Self-test questions and case studies
  • Expert feedback for Modular and Comprehensive Plans
  • Access to the Binder tool
  • Download course content
  • Access to help for course-related questions


  • 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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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 licence 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.