Financial Education for Securities, Banking, & Insurance Professionals.
ADV Description: Designations
CLU® (Chartered Life Underwriter®): For 87 years the CLU® has been the respected risk management credential for advisors. Designees have completed eight or more college-level courses representing an average study time of 400 hours. Topics for required courses include insurance and financial planning, life insurance law, estate planning, and planning for business owners and professionals. Elective courses include such advanced topics as income taxes, group benefits, retirement planning, and health insurance. CLU® designees must meet experience and continuing education requirements and must adhere to a high ethical standard. The mark is awarded by The American College, a non-profit educator with the top level of academic accreditation.
ChFC® (Chartered Financial Consultant®): The ChFC® designation has been a mark of excellence for almost thirty years and currently requires nine college-level courses, the most of any financial planning credential. Average study time to earn the ChFC® exceeds 450 hours. Required courses cover extensive education and application training in financial planning, income taxation, investments, and estate and retirement planning. Additional electives are chosen from such topics as macroeconomics, financial decisions for retirement, and executive compensation. ChFC® designees must meet experience requirements and adhere to continuing education and ethical standards. The credential is awarded by The American College, a non-profit educator with an 87-year heritage and the highest level of academic accreditation.
ChHC® (Chartered Healthcare Consultant®): The ChHC® designee has completed six college-level courses (five required, one elective) representing a total average study time of 300 hours. Required topics include the essentials of healthcare reform, best practices for healthcare consultants, a full overview of benefits laws and compliance regulations as they impact healthcare coverage, individual health insurance, and group benefits. Designees will have chosen one elective from the following topics: retirement planning, executive compensation, human resources and compensation management, managed care, or health and long-term care financing. The designation is conferred by The American College, a non-profit educator with an 87-year heritage and the highest level of accreditation. ChHC® designees must meet ongoing ethics and continuing education requirements.
CASL® (Chartered Advisor for Senior Living®): The CASL® credential provides advisors with in-depth training on issues impacting seniors and those planning for retirement. The designation incorporates five required, college-level courses that represent an average total study time of more than 250 hours. Topics include investments, estate planning, health and long-term care financing, and financial decisions for retirement. CASL® designees must meet experience, continuing education and ethics requirements. The credential is awarded by The American College, a non-profit educator with an 87-year heritage and the top level of academic accreditation.
CLF® (Chartered Leadership Fellow®): The CLF® mark indicates advanced education in leading financial services teams. Coursework includes a combination of self-study and an academic residency at The American College, a non-profit educator with an 87-year heritage and the highest level of academic accreditation. Seven college courses are required to complete the program, covering such topics as leadership in a changing world, creative problem-solving, strategic planning, management development, and leadership practices. Ongoing continuing education and adherence to a high ethical standard are required to use the designation.
CAP® (Chartered Advisor in Philanthropy®): The advisor earning the CAP® designation has taken three graduate school courses in philanthropy including planning for impact in the context of family wealth, charitable strategies, and gift planning in a nonprofit context. The courses are offered through the Irwin Graduate School of The American College, a non-profit educator with an 87-year heritage and the highest level of academic accreditation. CAP® advisors must meet experience, ethics, and continuing education requirements to use the credential.
REBC® (Registered Employee Benefits Consultant®): The REBC® designee has completed five college-level courses representing a total average study time of 250 hours. Required topics include advanced studies of group benefits and planning for retirement. Additional electives cover executive compensation, personnel management, managed care, and qualified retirement plans. The credential is earned through The American College, a non-profit educator with an 87-year heritage and the highest level of accreditation. REBC® designees must meet ongoing ethics and continuing education requirements.
RICP® (Retirement Income Certified Professional™): The RICP® designation teaches advisers techniques and best practices used to create sustainable streams of retirement income. The education covers retirement income planning, maximizing Social Security and other income sources, minimizing risks to the plan, and managing portfolios during the asset distribution phase. The designation includes three required, college-level courses that represent a total average study time of more than 150 hours. RICP® designees must meet experience, continuing education and ethics requirements. The credential is awarded by The American College, a non-profit educator with an 85-year heritage and the highest form of academic accreditation.
ADV Description: Degrees
MSFS: Master of Science in Financial Services: The MSFS is an accredited master's degree awarded by The American College, a non-profit educational institution with an 87-year heritage. The MSFS graduate program provides advisors with in-depth education to help them analyze, plan, and implement integrated strategies in financial planning. This academic degree includes 10 required graduate courses and two electives in advanced financial planning topics.
MSM: Master of Science in Management: The MSM is an accredited master's degree awarded by The American College, a non-profit academic institution with an 87-year heritage. The MSM graduate program takes a year or more to complete and requires 10 advanced courses in strategy development, communications, leadership, management, law, compliance, ethics, decision-making, and interpersonal skills.