Why you should earn your ChFC®

The Chartered Financial Consultant® (ChFC®) is particularly attractive due to the recent changes in the CFP® Board's Standards of Professional Conduct since these two designations share the same core curriculum. (The ChFC® requires two additional electives but does not require candidates to pass the 10-hour, comprehensive board exam the CFP certification requires.)

The ChFC® designation provides financial planners and other industry professionals with the tools to perform comprehensive financial planning for their clients. The program focuses on the entire financial planning process as an organized way to amass information and analyze a client's total financial picture, to ascertain and implement precise financial goals, and to devise, apply, and monitor a comprehensive plan to achieve those goals.

ChFC® designees are well-qualified to help clients:

• Achieve financial goals by analyzing their overall financial picture and by identifying their life and health insurance needs as well as personal property and liability risks
• Review their current income tax situation and develop strategies to reduce and defer income taxes
• Increase their retirement investments by preparing tax-advantaged retirement plans
• Identify investment opportunities and design a portfolio that conforms to their personal objectives and risk tolerance
• Conserve existing assets and build financial security for retirement through estate enhancement

The ChFC® designation is awarded by The American College.