CCH/Advocis FPSC-Approved Capstone Course
CCH Course 245
The new CFP® certification guidelines took effect on July 1, 2010. The examination process now consists of two stages: Financial Planning Exams 1 (FPE1) and 2 (FPE2).
One of the requirements to be eligible to write FPE2 is to have successfully completed a FPSC-approved Capstone Course. The Capstone Course focuses on the completion of a financial plan, as a demonstration of the candidate’s understanding and application of financial planning fundamentals.
Is the Capstone for you?
Most who take the Capstone Course are financial planning practitioners, with 3-5 years of experience, who have completed Core Curriculum courses 231 234. Other students are advisors or planners who want a refresher on the basic planning competencies.
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2012 Semester (Summer)
July 3 - September 28
Advocis will do its best to coordinate the Capstone semesters with the scheduled FPSC examination sittings. For details, visit http://www.fpsc.ca.
- Study Guide
- FPSC Case Study package
- Online core curriculum review quiz: this voluntary diagnostic tool is designed to help students confirm their understanding of the core curriculum, which is the foundational knowledge base of the Capstone Course. Performance on these quizzes will have no bearing on the course grade.
Advocis will automatically issue each successful student a transcript that will be accepted by FPSC, in order to meet the Capstone Course eligibility requirement to write the FPE2. For full details on the all the requirements, and to register for the FPE2, click here.
Core curriculum CCH/Advocis Education Program leading to CFP® certification:
- CFP 231 - Financial Planning Fundamentals
- CFP 232 - Contemporary Practices in Financial Planning
- CFP 233 - Comprehensive Practices in Risk & Retirement Planning
- CFP 234 - Wealth Management and Estate Planning
All students are expected to have access to a personal computer with the following system requirements, for the duration of the Capstone Course:
|Web Browser||Chrome 1.0+
Internet Explorer 6.0+
|Internet Explorer 7
|Operating system||Windows 98, 98SE, ME, 2000, 2003, XP, Vista , 7
Mac OS X (up to 10.4)
|Windows 2003, XP Service Pack 2|
Minimum resolution of 800 x 600
|Resolution of 1024 x 768 or greater|
|Internet speed||56K modem||56K or cable modem, DSL|
|Sun Java Runtime Environment (JRE)||JRE v1.4.2.x, 1.5.x, 1.6.x
(Required to run LiveRoom 4.3 and Equation Editor.)
|JRE 1.6 update 13|
Apply and integrate technical knowledge gained from Core Curriculum (pre-requisite & co-requisite) courses in the identification and analysis of issues relating to personal financial planning
- Collect all qualitative and quantitative information required to develop a financial plan
- Evaluate those client objectives, needs, and values that have financial implications
- Analyze and synthesize personal financial situations
- Identify potential opportunities and constraints, and assess information in order to formulate strategies
- Formulate and evaluate strategies to develop a financial plan
- Prioritize and consolidate recommendations into a financial plan
- Communicate information, ideas, and concepts to clients and others, in a clear written and oral manner
- Demonstrate ethical judgment in providing professional services
- Assesses the impact of the economic, political, and regulatory environments on financial situations
- Demonstrate logic and reasoning, to identify the strengths and weaknesses of alternatives, or approaches to problems
- Adhere to FPSC's CFP® Code of Ethics, and refer to the CFP® Financial Planning Practice Standards as they apply to the financial planning process
- The course begins with an overview of the financial planning industry, recent developments in the CFP® professional standards, and the Code of Ethics and Practice Standards
- The second module focuses on the six financial planning components (financial, asset and risk management, and tax, retirement and estate planning)
- The third module discusses the CFP® Professional Competency Profile (Competency Profile), the structure of the CFP® examination, and exam writing techniques
- The final module allows the student to apply and practice what they have learned during the course using case studies and multiple choice questions to assess the student’s comprehension of the technical and professional competencies
Note: A final grade of at least 60% is required to pass this course.
August 10: Submission of a Modular Plan* (10% of course grade)
August 20: First entry in an online ethics discussion forum
September 3: Second and third entry in an online ethics discussion forum (10% of course grade)
September 10: Submission of a comprehensive financial plan* (70% of course grade)
September 28: Completion of all four online module tests (10% of course grade)
|FPSC Case Package:||$ 44.00|
|FPSC Case Package:||$ 44.00|
* Please note that prices do not include GST/HST or shipping.
No more registrations will be accepted for the Summer Semester after July 20, 2012.