ChFC®

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Why you should consider the ChFC®

To provide your clients with the best possible service and advance your career in the process, you need a strong, foundational education focused on modern realities and challenges. The Chartered Financial Consultant® (ChFC®) designation offers just that.

Designed for immediate, real-world application, the financial planning strategies taught in the eight-course ChFC® program prepare you to advise a full range of potential clients on a diverse set of financial matters. It’s the best way to deepen your knowledge and broaden your practice. 

Join the more than 40,000 financial professionals who have earned the ChFC® and position yourself as a go-to advisor for anyone seeking the latest and most comprehensive financial advice.

Earning the ChFC® pays off. Advisors with the ChFC® earn, on average, 51% more than advisors without the designation.

What You’ll Learn

The ChFC® covers the top challenges you’ll face as a financial advisor. Through a college-level curriculum focused on practical application and real-life case studies, you’ll gain expertise in the long-standing fundamentals of the field and in today’s most in-demand specialized services.

In the eight courses of the ChFC®, you’ll study:

  • The financial planning process, including the role and responsibilities of a financial planner
  • Risk management strategies, including mitigating the risks associated with insurance, human capital, liability, property, and financial wealth
  • Income tax strategies, including planning for deductions, tax credits, capital gains and losses, taxation of life insurance, taxation of annuities, and taxation of partnerships, LLCs, corporations, and proprietorships
  • Retirement planning strategies, including choosing between and working with SEPs, SIMPLEs, IRAs, Roth IRAs, 403(b), and nonqualified deferred compensation plans
  • Investment strategies, including issues pertaining to return computations, diversification, securities markets, tax issues, portfolio management, and ethical practice
  • Estate and gift-tax planning strategies
  • Personal financial planning strategies
  • Specialized strategies, including aiding divorcees and blended families, financial planning for families with special needs, serving non-traditional families and LGBTQ clients, addressing the unique challenges associated with modern retirement income portfolios, and applying behavioral finance strategies

Who Should Take the ChFC®

  • Early-career financial professionals seeking a foundational education and a designation that can boost their career. Field leaders are 59% more likely to hold a ChFC® or CLU® designation.
  • Financial professionals seeking to earn the ChFC® and sit for the CFP® exam. The first seven ChFC® courses fulfill CFP® certification education requirements.
  • Financial professionals seeking to earn the ChFC® and prepare for future designations. ChFC® graduates need to take only three more courses to earn the CLU®.
  • Mid-career professionals who want to augment their CFP® certification with the advanced knowledge of the ChFC® course “Contemporary Applications in Financial Planning” (HS 347). Upon completion of HS 347, CFP® professionals will earn the ChFC®, allowing them to elevate their credentials with a single course.
  • CFP® professionals who are seeking CE credits. The ChFC® course, Contemporary Applications in Financial Planning (HS 347), provides CE credits and earns CFP® professionals the  ChFC®.
  • Insurance professionals, brokers, retirement experts, and both home office and client-facing practitioners who desire a strong, foundational financial education

Program Delivery

Designed for the Working Professional

The ChFC® is a self-study, interactive program that allows you to complete coursework wherever you are, whenever you choose. In addition to providing you with access to some of the best subject matter experts in the country, your courses will include:

  • Comprehensive course textbooks
  • Downloadable e-books for your iPad®, iPhone®, or Android device
  • Online discussion with course professor
  • Audio reviews
  • Streaming video lectures
  • Practice exams

You can also purchase webinars and live reviews to enhance your learning experience. Once you complete a course, the next course in the program is automatically shipped to you if you’re signed up for a ChFC® package.

Tuition & Fees

  • Individual course: $810
  • Case-study course (HS 333): $1,010
  • Contemporary Applications in Financial Planning (HS 347): $1,490
REDUCED TUITION OPTIONS
  • First three-courses package: $2,150 (savings of $280)
  • Full eight-course package: $5,400 (savings of $1,960)

Tuition includes all required study materials, access to convenient online learning tools, your examination, and shipping fees.

COURSES

Required ChFC® courses:

  • HS 300 Financial Planning: Process and Environment
  • HS 311 Fundamentals of Insurance Planning
  • HS 321 Income Taxation
  • HS 326 Planning for Retirement Needs
  • HS 328 Investments
  • HS 330 Fundamentals of Estate Planning
  • HS 333 Personal Financial Planning: Comp. Case Analysis
  • HS 347 Contemporary Applications in Financial Planning

View Course Details Below​

Details

Required ChFC® Courses:

HS 300 Financial Planning: Process and Environment:
This course provides an overview of the financial planning process, including the role and responsibilities of a financial planner along with analytical tools to aid in financial decision-making. Topics include:

  • Communication techniques
  • Ethics
  • Education planning and funding
  • Time-value-of-money concepts
  • Financial planning applications
  • Regulatory issues
  • Legal and economic environment for financial planning

 

HS 311 Fundamentals of Insurance Planning:
This course focuses on the role of planning for risk management needs. The topics covered include:

  • Fundamental principles of risk management
  • Principles of insurance
  • Human capital risk
  • Liability risk
  • Property risk
  • Financial wealth risk

 

HS 321 Income Taxation:
The course examines the federal income tax system with particular reference to the taxation of individuals. Concepts covered include:

  • Gross income, exclusions from gross income
  • Deductions
  • Tax credits
  • Capital gains and losses
  • Taxation of life insurance
  • Taxation of annuities
  • Entity taxation of partnerships, LLCs, corporations, and proprietorships


HS 326 Planning for Retirement Needs:
This course focuses on selecting the right retirement plan for the business and on individual retirement planning. Covers:

  • Qualified plans, SEPs, SIMPLEs and 403(b) plans
  • Nonqualified deferred compensation plans
  • Practical knowledge needed for choosing the best retirement plan, especially for the small business, and designing a plan that will meet a client’s needs
  • Individual retirement planning including IRAs and Roth IRAs, Social Security benefits, saving for retirement and planning for retirement plan distributions


HS 328 Investments:
This course covers various aspects of the principles of investments and their application to financial planning. Topics include:

  • Risk analysis, risk and return computations
  • Risk reduction through diversification
  • Expected returns of various investments
  • Nature of securities markets and investment companies
  • Tax issues in investing
  • Issues in the practice of portfolio management
  • Examples of ethical and practical investment considerations


HS 330 Fundamentals of Estate Planning:
This course provides a basic understanding of the estate and gift tax system, including strategies of estate planning. Covers various aspects of estate and gift tax planning, including:

  • Nature, valuation transfer, administration, and taxation of property
  • Gratuitous transfers of property outright or with trusts, wills and powers of appointment
  • Use of the marital deduction
  • Valuation of assets
  • Buy-sell agreements
  • Client interview/fact finding
  • Ethical standards
  • Development of personal estate plans


HS 333 Personal Financial Planning: Comp. Case Analysis:
This course applies students' knowledge and skill set in personal financial planning techniques to a comprehensive case study. Students will integrate into a prioritized comprehensive financial plan the core financial planning disciplines of:

  • Retirement
  • Investment
  • Risk management
  • Income tax
  • Employee benefits
  • General principles


HS 347 Contemporary Applications in Financial Planning
This premium course examines contemporary financial planning challenges through a series of modern case studies, including:

  • Aiding divorcees and blended families
  • Financial planning for families with special needs
  • Serving non-traditional families and LGBT clients
  • Unique challenges associated with modern retirement income portfolios
  • Hands-on application of behavioral finance, ethics, and estate planning

 

*The course HS 347 is replacing HS 314 and HS 319 on Dec. 31, 2019. If you enrolled prior to July 1, 2018 and wish to complete the ChFC® program with HS 314 and HS 319, you must complete these two courses prior to Dec. 31, 2019. If HS 314 and HS 319 are not completed prior to Dec. 31, 2019 you will be required to do HS 347.

To receive the ChFC® designation, you must successfully complete all courses and exams, meet experience requirements and ethics standards, and agree to comply with The American College Code of Ethics and Procedures. Participation in the Professional Recertification Program is also required.

Enhanced Online Learning: Webinar Classes Available

For select courses, a webinar study option is available for those who want a more familiar classroom feel as part of their student experience. Attend weekly classes online and ask questions in real-time. Many of these webinar classes come complete with smartphone- and tablet-ready material. To enroll in a webinar add $250.00 on top of the tuition.

HS 333 Personal Financial Planning: Comprehensive Case Analysis
October 07 - November 11, 2019
Monday 11:00am - 1:00pm EST
HS 333 Personal Financial Planning: Comprehensive Case Analysis
October 07 - November 11, 2019
Monday 5:30pm - 7:30pm EST
HS 311 Fundamentals of Insurance Planning
November 12 - December 10, 2019
Tuesday 5:30pm - 7:30pm EST
HS 333 Personal Financial Planning: Comprehensive Case Analysis
January 06 - February 10, 2020
Monday 5:30pm - 7:00pm EST
HS 333 Personal Financial Planning: Comprehensive Case Analysis
January 06 - February 10, 2020
Monday 11:00am - 1:00pm EST
HS 330 Fundamentals of Estate Planning
January 07 - January 30, 2020
Tuesday, Thursday 5:30pm - 7:30pm EST
HS 321 Income Taxation
January 07 - January 30, 2020
Thursday 5:00pm - 7:00pm EST
HS 300 Financial Planning: Process and Environment
February 04 - February 27, 2020
Tuesday, Thursday 5:30pm - 7:30pm EST
HS 326 Planning for Retirement Needs
February 18 - March 12, 2020
Tuesday, Thursday 5:30pm - 7:30pm EST
HS 311 Fundamentals of Insurance Planning
March 17 - April 09, 2020
Thursday 5:30pm - 7:30pm EST
HS 321 Income Taxation
April 21 - May 14, 2020
Tuesday, Thursday 5:30pm - 7:30pm EST
HS 300 Financial Planning: Process and Environment
May 05 - May 28, 2020
Tuesday, Thursday 5:30pm - 6:30pm EST

See the Student Resources and Policies page for comprehensive details on refund policies, learning policies, recertification information, and more.

The ChFC® certification shares common courses with the CLU® and CFP® designations. View this chart to see how these designations overlap. 

CFP Comparison Grid

Program Faculty

Ross Riskin
Ross A. Riskin

Assistant Professor of Taxation

CFP® Program Director

Larry R. Pike Chair for Insurance and Investments

Professor Kevin Lynch
Kevin M. Lynch

Faculty Instructor

Clark/Bardes Endowed Chair in Retirement Planning and Non-Qualified Deferred Compensation

Adjunct Professor Steve Parrish
Steve Parrish

Adjunct Professor of Advanced Planning

Co-Director of the New York Life Center for Retirement Income

Professor Gerald Herbison
Gerald J. Herbison

Assistant Professor of Management

CLF® Program Director

George Joseph/Richard Liddy Chair in Field Leadership and Practice Management