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CFP®
Educational Training
FPAT welcomes those who are interested in financial planning education or becoming financial planning consultants to participate in the AFP/CFP® education and training courses. There are eight subjects in total, covering the scope of personal financial planning.
Courses Required for the AFP Certification
| Education and training courses | Course outline |
| New Module 1: Financial Planning Principles, Process and Skills (20 hours) | Financial planning profession and financial planning process, Financial planning practice and ethics, Financial Planner Professional Skills, Regulatory, economic and political environments that affect financial planning, Law and compliance, Time value of money, Client characteristics, Client risk profile, Client engagement and communication, Due diligence process of selecting products and services and the companies that provide them, Behavioral finance and the psychology of financial planning, Client and financial planner attitudes, values and biases, Client cognitive abilities and financial literacy, Client preferences and classification of client types, Client beliefs and their influence on financial decision-making, Behavioral approaches for financial planners, Crisis events with severe financial consequences. |
| New Module 2: Financial Management (20 hours) | Financial management principles, Financial management objectives, Personal balance sheet, Cash flow strategies and planning, Budget strategies and planning, Savings analysis, strategies and solutions, Emergency fund, Credit and debt management strategies, Financial ratio analysis. |
New Module 3： Risk Management and Insurance Planning (32 hours) | Risk management principles, Risk and insurance planning objectives, Analysis and evaluation of risk exposures, Risk management and insurance strategies, Risk management and insurance solutions, Insurance law principles and claims process. |
New Module 4： Investment Planning and Asset Management (32 hours) | Investment planning principles, Investment planning objectives, constraints and suitability, Asset classes, Investment theory, Performance and risk measurement, Asset allocation and investment types, Investment strategies and solutions. |
New Module 5： Retirement Planning (32 hours) | Retirement planning principle, Retirement planning objectives, Retirement needs analysis and projections, Potential sources of retirement income, Retirement income and withdrawal projections and strategies, Retirement planning solutions. |
New Module 6： Tax Planning (32 hours) | Taxation and reporting principles, Tax planning principles, Tax planning objectives, Tax analysis and calculations, Tax planning strategies. |
New Module 7： Estate Planning and Wealth Transfer (32 hours) | Estate planning principles, Estate planning objectives, Legal aspects, Assets and liabilities (ownership, valuation, transfers, protection and privacy), Succession planning, Incapacity, guardianship, Power of Attorney and health care, Estate planning strategies, Philanthropy, Estate planning solutions. |
Course Required for the CFP® Certification
| Education and training courses | Course outline |
New Module 8：Integrated Financial Planning (40 hours) | Client engagement, financial planning process and financial plan, Attitudes, personal goals and financial objectives, Collection and data preparation, Analysis, Issues and problems, Strategies, Synthesis and recommendations, Implementation, Periodic review. |
To obtain the AFP/CFP® certification, candidates must complete the educational training courses for all eight subjects at a training institute approved by FPAT; obtain the corresponding certificates of completion (or a certificate of exemption or credit waiver as approved by FPAT); pass the two-stage exam; and submit their proof of work experience.
Educational Training Courses
FPAT does not offer any educational training courses. All educational training courses are conducted by authorized training institutes. For course information, please contact the authorized training institutes.