Students will be introduced to the financial planning profession, the process of financial planning, and the six financial planning areas. They will focus on collecting and analyzing an individual's personal and financial information in support of making recommendations to improve the individual's current and future financial circumstances. An emphasis will be placed on improving the client's cash flow and net worth through the appropriate use of credit facilities.

Students will acquire the knowledge required to engage in the retirement and education planning process, as well as planning for individuals with a disability. Students will produce financial planning projections and make recommendations related to an individual's objectives in these areas. Emphasis will be placed on the registered plans available that individuals can use to achieve their objectives.

Students will acquire the foundational knowledge about personal income taxation that is expected of financial planners. Students will cultivate an in depth knowledge of the income tax assessment rules for individuals, including the types and taxation of different types of income, available tax deductions and tax credits, and foundational income splitting opportunities, that will aid them in identifying and making financial planning recommendations to individuals.

Students will acquire the knowledge required to adequately engage in the risk management and insurance planning process expected of financial planners. Students will assess an individual's risk management needs and make recommendations using risk management strategies, including the use of insurance, to meet these needs.

Develop the supervisory expertise required to lead, oversee, and support compliant investment advisory practices.

CIRO Registered Representative Supervisory Examination (RSE) Preparation

Advance your career in financial services with this specialized exam preparation course designed for individuals pursuing supervisory and leadership responsibilities within investment firms. This course prepares learners for the CIRO Registered Representative Supervisory Examination (RSE) by focusing on regulatory oversight, compliance supervision, risk management, ethical decision-making, and the responsibilities of supervisory personnel.

Through an instructor-supported asynchronous course, practical examples, and exam-focused practice questions, students will develop the knowledge and confidence required to prepare for the RSE Examination and pursue a career in the Canadian investment industry as an investment, compliance, or supervisory professional.

Students will acquire the knowledge required to conduct detailed investment planning. An emphasis will be placed on creating an investment plan for an individual, including determining the individual's risk tolerance, creating a suitable asset allocation and choosing appropriate investments for the individual's investment portfolio, presenting the recommended investment plan to the individual, and completing the administrative forms required to enact the investment plan.

Students will synthesize the technical knowledge they have learned in the other financial planning courses contained within the Financial Planning (FIP) program. Students will cultivate skills that align with The FP Canada Standards Council Financial Planning Practice Standards.

Students will gain knowledge of how the human brain makes decisions, including how heuristics, biases, and values, attitudes, emotions and disorders related to money impact an individual's decision-making process. Students will develop the behavior and communication skills required by financial planners to foster trust and build relationships, motivate individuals to carry out financial planning recommendations, and deal effectively with an individual's resistance to change.

This course will explore effective interpersonal communications skills for those employed in a client-facing capacity in the financial services industry. Areas of focus will include the impact of interpersonal communications skills and emotional intelligence on one's personal brand and the Customer Experience, changes to communication in the Digital Age, different types of workplace communications and ensuring effective client relationship management.

Students are required to complete field placement in a legal, program related, work setting to apply the theory and skills they have learned in the program to gain work experience. Field placement promotes the concept of learning by doing. Successful completion of the field placement component is a program and graduation requirement.