Designation Full Title: Chartered Financial Consultant
Definition: The ChFC® designation has been a mark of excellence for financial planners for almost thirty years and currently requires more courses than any other financial planning credential. The curriculum covers extensive education and application training in all aspects of financial planning, income taxation, investments, and estate and retirement planning.
Issuing Organization: The American College
Is the designation still offered: Currently offered and recognized by the issuing organization.
Is the designation still supported:
What are the prerequisites? 3 full time years business experience within 5 years
What are the requirements to obtain the designation? 7 core and 2 elective classes
What type of examination is required to complete the designation process? Final closed book proctored exam
Is there any ongoing continuing education or other requirements to maintain the designation? 30 CE credits every 2 years
Where can you check if someone has the designation and if it’s current? Yes, www.designationcheck.com
Does the designation have a complaint process and if so, where can it be found? Yes, enforcement policies & procedures & instructions here: http://www.theamericancollege.edu/consumer-resources/submit-a-complaint
Is there a published list of disciplined designees and if so, where can it be viewed? None
Who is the accreditation through? Middle States Commission on Higher Education Agency
Recommended for: Accountant, advisor, banker, broker, money manager, or planner
Code of Ethics or Ethics Course? Yes
Length of Time For Completion: 27 credit hours