Personal Financial Planner

Perfonal financial planners are some of the highest-rated financial planners who offer financial consultations to clients in a variety of different financial fields.

Professional Order

The Personal Financial Planner (PFP) designation is bestowed upon members accepted into the professional—and internationally recognized—association the Canadian Securities Institute (CSI) who, through their accreditation process, maintain the professional standards of the discipline.

Recognition

The CSI is an organization, with over 750,000 members, that offers a variety of field-specific financial designations in six different fields: business banking; financial planning; investment management & trading; leadership, management & compliance; retail banking; and wealth management. Additionally, they are a subsidiary of the renowned Moody’s Analytics, and recognized by the Investment Industry Regulatory Organization of Canada (IIROC). They are partnered with various educational institutions such as Dalhousie University and the Foran Financial Institute.

Prerequisite

With no educational entry requirements, this designation is aimed at bankers, investment advisors, mutual fund representatives, and recent financial graduates who have worked for at least 2 years. The designation is bestowed after a candidate has completed five courses: Financial Planning 1, Financial Planning 2, Personal Financial Services Advice, the Applied Financial Planning Certification Exam, and either the Canadian Securities Course or the Investment Funds In Canada course. Each course costs between $500 and $700 each depending on whether you prefer an digital or hardcover textbook. They also offer package deals for financial teams of companies interested in improving their financial department staff.

Advantages

This designation gives holders accessibility to high-profile clients who will only consult professionals with IIROC-approved designations of which the PFP designation is a part.