Course Descriptions

Advocis Financial Planning Fundamentals Bundle – 910

Advocis has created the Advocis Financial Planning Fundamentals Program for CLU® Certification and the Core Curriculum Program for CFP® and QAFP™ Certification to provide financial professionals with the knowledge they need in order to pursue designations such as the CLU, CFP and QAFP. This bundle program consists of all 12 core curriculum modules (911-922) that make up the program. Purchasing the bundle will save you money while also greatly extending the amount of time available to complete all 12 modules. All modules must be completed within 4 years from the registration date. If the course bundle is purchased under the member pricing, your Advocis membership must be in good standing for the duration of the program.

Features:

Downloadable PDF of module content
Practice module exam
Grades tool to keep track of your progression through the modules
ReadSpeaker text-to-speech tool
4 year window for completion of all 12 modules from date of registration

Pricing:

Member price: $1,050 (add GST/HST)
Non-Member price: $2,625 (add GST/HST)

Financial Planning Profession & Financial Services Industry Regulation – 911

Financial Services professionals are expected to possess knowledge that will instill and maintain the trust of Canadians, including the knowledge required to articulate their professional responsibilities as financial planning professionals; identify and explain the role of relevant regulatory and oversight bodies in securities and insurance; and explain the framework and regulations that are in place to protect Canadians from such threats as the insolvency of a financial institution, unwanted communications and financial abuse and scams.

Overview:

Self-Study – Advocis offers this module online. Candidates can complete the learning at their own pace within the 120-day window for module completion. This module is estimated at 55 study hours.

* There is no prerequisite for this module.

** Please note a minimum passing grade of 60% is required.

Features:

Downloadable PDF of module content
Practice module exam
Grades tool to keep track of your progression through the module
ReadSpeaker text-to-speech tool
120-day window for completion of module

CE Credits:

The Institute for Advanced Financial Education: 6 Life (including 2 ethics)
Alberta Insurance Council: 6 Life
Chambre de la Sécurité Financière: 3 PDUs (General Subject), 2 PDUs (Compliance)
IIROC: 6
Insurance Council of Manitoba: 6
Insurance Councils of Saskatchewan: 6, including 2 Ethics
FP Canada: 4 Financial Planning

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.

Pricing:

Member price: $150 (add GST/HST)
Non-Member price: $375 (add GST/HST)

Also available as part of the Advocis Core Curriculum Bundle.

Financial Analysis – 912

Financial Services professionals are expected to possess the knowledge that will allow them to clearly document, analyze, project and present financial information related to an individual’s goals, needs and priorities. Such knowledge will aid professionals to explain the time value of money; make financial projections to determine the achievability of goals; and evaluate how an individual’s current and projected cash flow—including that from their business—may impact their ability to meet their goals.

Overview:

Self-Study – Advocis offers this module online. Candidates can complete the learning at their own pace within the 120-day window for module completion. This module is estimated at 61 study hours.

* There is no prerequisite for this module.

** Please note a minimum passing grade of 60% is required.

Features:

Downloadable PDF of module content
Practice module exam
Grades tool to keep track of your progression through the module
ReadSpeaker text-to-speech tool
120-day window for completion of module

CE Credits:

The Institute for Advanced Financial Education: 6
Alberta Insurance Council: 6 Life
Chambre de la Sécurité Financière: 4 PDUs (General Subject)
IIROC: 6
Insurance Council of Manitoba: 6
Insurance Councils of Saskatchewan: 6
FP Canada: 6 Financial Planning

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.

Pricing:

Member price: $150 (add GST/HST)
Non-Member price: $375 (add GST/HST)

Also available as part of the Advocis Core Curriculum Bundle.

Credit and Debt – 913

Financial Services professionals are expected to possess the knowledge that will allow them to assess an individual’s credit worthiness and determine suitable credit facilities. They should also be able to determine optimal debt repayment strategies, including the impact that changes to strategies may have on the individual’s debt level, amortization, cash flow and ability to achieve their goals. In addition, they should be able to identify appropriate options and professionals who can help delinquent and insolvent debtors.

Overview:

Self-Study – Advocis offers this module online. Candidates can complete the learning at their own pace within the 120-day window for module completion. This module is estimated at 90 study hours.

* Recommended Prerequisite: 912 – Financial Analysis.

** Please note a minimum passing grade of 60% is required.

Features:

Downloadable PDF of module content
Practice module exam
Grades tool to keep track of your progression through the module
ReadSpeaker text-to-speech tool
120-day window for completion of module

CE Credits:

The Institute for Advanced Financial Education: 7
Alberta Insurance Council: 7 Life
Chambre de la Sécurité Financière: 5 PDUs (General Subject)
IIROC: 7
Insurance Council of Manitoba: 7
Insurance Councils of Saskatchewan: 7
FP Canada: 7 Financial Planning

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.

Pricing:

Member price: $150 (add GST/HST)
Non-Member price: $375 (add GST/HST)

Also available as part of the Advocis Core Curriculum Bundle.

Registered Retirement Plans – 914

Financial Services professionals are expected to possess knowledge of the mechanics of registered retirement savings and income plans so that they may evaluate and recommend tax-efficient wealth accumulation and decumulation strategies that will aid individuals in reaching their retirement goals.

Overview:

Self-Study – Advocis offers this module online. Candidates can complete the learning at their own pace within the 120-day window for module completion. This module is estimated at 184 study hours.

* Recommended Prerequisite: 912 – Financial Analysis.

** Please note a minimum passing grade of 60% is required.

Features:

Downloadable PDF of module content
Practice module exam
Grades tool to keep track of your progression through the module
ReadSpeaker text-to-speech tool
120-day window for completion of module

CE Credits:

The Institute for Advanced Financial Education: 15
Alberta Insurance Council: 15 Life
Chambre de la Sécurité Financière: 5 PDUs (Group Savings Plan Brokerage), 5 PDUs (Insurance of Persons)
IIROC: 15
Insurance Council of Manitoba: 15
Insurance Councils of Saskatchewan: 15
FP Canada: 15 Financial Planning

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.

Pricing:

Member price: $150 (add GST/HST)
Non-Member price: $375 (add GST/HST)

Also available as part of the Advocis Core Curriculum Bundle.

Government Benefit Plans – 915

Financial Services professionals are expected to possess detailed knowledge related to the eligibility for, benefits available, and factors to consider in evaluating decisions to apply for and commence benefits available to individuals through Canada’s government benefit programs (including the Canada Pension Plan, Old Age Security, Employment Insurance and the Canada Child Benefit). A high-level understanding of workers’ compensation and income assistance programs complements such knowledge and ensures that professionals are capable of competently advising individuals when they experience life events such as the birth of a child, unemployment, illness, disability and retirement.

Overview:

Self-Study – Advocis offers this module online. Candidates can complete the learning at their own pace within the 120-day window for module completion. This module is estimated at 50 study hours.

* Recommended Prerequisite: 912 – Financial Analysis.

** Please note a minimum passing grade of 60% is required.

Features:

Downloadable PDF of module content
Practice module exam
Grades tool to keep track of your progression through the module
ReadSpeaker text-to-speech tool
120-day window for completion of module

CE Credits:

The Institute for Advanced Financial Education: 5
Alberta Insurance Council: 5 Life and A&S
Chambre de la Sécurité Financière: 5 PDUs (Group insurance of Persons)
IIROC: 5
Insurance Council of Manitoba: 5
Insurance Councils of Saskatchewan: 5
FP Canada: 5 Financial Planning

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.

Pricing:

Member price: $150 (add GST/HST)
Non-Member price: $375 (add GST/HST)

Also available as part of the Advocis Core Curriculum Bundle.

Registered Education and Disability Plans – 916

Overview:

Self-Study – Advocis offers this module online. Candidates can complete the learning at their own pace within the 120-day window for module completion. This module is estimated at 50 study hours.

* Recommended Prerequisite: 912 – Financial Analysis.

** Please note a minimum passing grade of 60% is required.

Features:

Downloadable PDF of module content
Practice module exam
Grades tool to keep track of your progression through the module
ReadSpeaker text-to-speech tool
120-day window for completion of module

CE Credits:

The Institute for Advanced Financial Education: 5
Alberta Insurance Council: 5 Life and A&S
Chambre de la Sécurité Financière: 5 PDUs (Group insurance of Persons)
IIROC: 5
Insurance Council of Manitoba: 5
Insurance Councils of Saskatchewan: 5
FP Canada: 5 Financial Planning

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.

Pricing:

Member price: $150 (add GST/HST)
Non-Member price: $375 (add GST/HST)

Also available as part of the Advocis Core Curriculum Bundle.

Economics – 917

Financial Services professionals are expected to possess a working knowledge of the Canadian economy, including identifying and explaining the indicators that may signal the past, current or future phase of the economic cycle. All professionals are expected to be able to use the foundational knowledge of demand and supply to trace the expected (or explain the past) impact of world events and fiscal and monetary policy on economic variables, including an individual’s investment values.

Overview:

Self-Study – Advocis offers this module online. Candidates can complete the learning at their own pace within the 120-day window for module completion. This module is estimated at 44 study hours.

* There is no prerequisite for this module.

** Please note a minimum passing grade of 60% is required.

Features:

Downloadable PDF of module content
Practice module exam
Grades tool to keep track of your progression through the module
ReadSpeaker text-to-speech tool
120-day window for completion of module

CE Credits:

The Institute for Advanced Financial Education: 4
Alberta Insurance Council: 4 Life
Chambre de la Sécurité Financière: 4 PDUs (General Subject)
IIROC: 4
Insurance Council of Manitoba: 4
Insurance Councils of Saskatchewan: 4
FP Canada: 4 Financial Planning

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.

Pricing:

Member price: $150 (add GST/HST)
Non-Member price: $375 (add GST/HST)

Also available as part of the Advocis Core Curriculum Bundle.

Investments – 918

Financial Services professionals are expected to possess knowledge to allow them to create an appropriate asset allocation for an individual given their investment objectives and constraints (including return expectations and willingness, capacity and need for risk) and evaluate investments that are suitable for the individual. Their knowledge will also enable them to interpret the return and risk of an individual’s investment portfolio, as well as help an individual make sense of their investment statements, including the impact that changing investment values may have on achieving their goals.

Overview:

Self-Study – Advocis offers this module online. Candidates can complete the learning at their own pace within the 120-day window for module completion. This module is estimated at 205 study hours.

* Recommended Prerequisite: 912 – Financial Analysis.

** Please note a minimum passing grade of 60% is required.

Features:

Downloadable PDF of module content
Practice module exam
Grades tool to keep track of your progression through the module
ReadSpeaker text-to-speech tool
120-day window for completion of module

CE Credits:

The Institute for Advanced Financial Education: 12
Alberta Insurance Council: 12 Life
Chambre de la Sécurité Financière: 3 PDUs (Group Savings Plan Brokerage), 3 PDUs (Insurance of Persons)
IIROC: 12
Insurance Council of Manitoba: 12
Insurance Councils of Saskatchewan: 12
FP Canada: 12 Financial Planning

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.

Pricing:

Member price: $150 (add GST/HST)
Non-Member price: $375 (add GST/HST)

Also available as part of the Advocis Core Curriculum Bundle.

Please note: FP Canada may offer equivalencies for this module. Please refer to the FP Canada website for more information.

Taxation – 919

Financial Services professionals are expected to possess knowledge to allow them to complete and interpret an individual’s basic personal tax return, including identifying and explaining the income tax assessment rules for individuals, explaining the tax implications of how different types of income received by individuals may be taxed, and identifying the tax deductions and credits for which an individual may be eligible. They should further be able to identify and estimate the benefit of engaging in foundational income splitting strategies.

Overview:

Self-Study – Advocis offers this module online. Candidates can complete the learning at their own pace within the 120-day window for module completion. This module is estimated at 109 study hours.

* Recommended Prerequisite: 912 – Financial Analysis.

** Please note a minimum passing grade of 60% is required.

Features:

Downloadable PDF of module content
Practice module exam
Grades tool to keep track of your progression through the module
ReadSpeaker text-to-speech tool
120-day window for completion of module

CE Credits:

The Institute for Advanced Financial Education: 11
Alberta Insurance Council: 11 Life
Chambre de la Sécurité Financière: 7 PDUs (General Subject)
IIROC: 11
Insurance Council of Manitoba: 11
Insurance Councils of Saskatchewan: 11
FP Canada: 11 Financial Planning

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.

Pricing:

Member price: $150 (add GST/HST)
Non-Member price: $375 (add GST/HST)

Also available as part of the Advocis Core Curriculum Bundle.

Law – 920

Financial Services professionals are expected to possess knowledge related to Wills and Powers of Attorney that will ensure they can evaluate if such documents align with the individual’s wishes, and where appropriate, advise the individual to seek professional legal advice to update those documents. Their knowledge will also allow them to explain the implications associated with sole and joint ownership of personal property (both while the owners are living and upon their deaths) and the characteristics, advantages and disadvantages of business ownership structures.

Overview:

Self-Study – Advocis offers this module online. Candidates can complete the learning at their own pace within the 120-day window for module completion. This module is estimated at 92 study hours.

* There is no prerequisite for this module.

** Please note a minimum passing grade of 60% is required.

Features:

Downloadable PDF of module content
Practice module exam
Grades tool to keep track of your progression through the module
ReadSpeaker text-to-speech tool
120-day window for completion of module

CE Credits:

The Institute for Advanced Financial Education: 9
Alberta Insurance Council: 9 Life
Chambre de la Sécurité Financière: 5 PDUs (General Subject)
IIROC: 9
Insurance Council of Manitoba: 9
Insurance Councils of Saskatchewan: 9
FP Canada: 9 Financial Planning

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.

Pricing:

Member price: $150 (add GST/HST)
Non-Member price: $375 (add GST/HST)

Also available as part of the Advocis Core Curriculum Bundle.

Insurance – 921

Financial Services professionals are expected to possess general knowledge of property and casualty insurance products, government and private health care insurance plans and creditor insurance. Their knowledge includes estimating the life and disability insurance needs for an individual, as well as understanding the importance of the common contractual terms contained within life and disability insurance policies. Their expected knowledge will allow them to differentiate between term and permanent insurance and explain the purpose of critical illness and long-term care insurance.

Overview:

Self-Study – Advocis offers this module online. Candidates can complete the learning at their own pace within the 120-day window for module completion. This module is estimated at 69 study hours.

* Recommended Prerequisite: 912 – Financial Analysis.

** Please note a minimum passing grade of 60% is required.

Features:

Downloadable PDF of module content
Practice module exam
Grades tool to keep track of your progression through the module
ReadSpeaker text-to-speech tool
120-day window for completion of module

CE Credits:

The Institute for Advanced Financial Education: 7
Alberta Insurance Council: 7 Life & A&S
Chambre de la Sécurité Financière: 6 PDUs (Insurance of Persons)
IIROC: 7
Insurance Council of Manitoba: 7
Insurance Councils of Saskatchewan: 7
FP Canada: 7 Financial Planning

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.

Pricing:

Member price: $150 (add GST/HST)
Non-Member price: $375 (add GST/HST)

Also available as part of the Advocis Core Curriculum Bundle.

Human Behaviour – 922

Financial Services professionals are expected to possess knowledge related to how the brain works and makes decisions, including the values, heuristics, emotions and disorders related to money that an individual brings to the decision-making process. Professionals should understand the stages of individual change and what may motivate or inhibit an individual in making change. They should also understand how their actions and communications may garner or hinder trust.

Overview:

Self-Study – Advocis offers this module online. Candidates can complete the learning at their own pace within the 120-day window for module completion. This module is estimated at 55 study hours.

* There is no prerequisite for this module.

** Please note a minimum passing grade of 60% is required.

Features:

Downloadable PDF of module content
Practice module exam
Grades tool to keep track of your progression through the module
ReadSpeaker text-to-speech tool
120-day window for completion of module

CE Credits:

The Institute for Advanced Financial Education: 6
Alberta Insurance Council: 6 Life
Chambre de la Sécurité Financière: 3 PDUs (General Subject)
IIROC: 6
Insurance Council of Manitoba: 6
Insurance Councils of Saskatchewan: 6
FP Canada: 6 Financial Planning

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.

Pricing:

Member price: $150 (add GST/HST)
Non-Member price: $375 (add GST/HST)

Also available as part of the Advocis Core Curriculum Bundle.

Advanced Curriculum for CFP Certification – 923

If you are planning to pursue CFP certification, you will need to complete the Advocis Core Curriculum and the Advocis Advanced Curriculum Programs. We recommend that the core curriculum is completed prior to enrolling in the Advocis Advanced Curriculum program as this program goes into a greater depth in the following topics: Registered Retirement Plans, Government Benefit Plans, Registered Education and Disability Plans, Taxation, Insurance, and Law (Estate Planning and Legal).

Overview:

Self-Study – Advocis offers this module online. Candidates can complete the learning at their own pace within the 180-day window for module completion. This module is estimated at 228 study hours.

** Please note a minimum passing grade of 60% is required.

Features:

Downloadable PDF of module content
Practice module exam
Grades tool to keep track of your progression through the module
ReadSpeaker text-to-speech tool
180-day window for completion of module

CE Credits:

Alberta Insurance Council: 23 Life, 5 A&S
2 PDUs (General Subject), 3 PDUs (Group Savings Plan Brokerage), 3 PDUs (Insurance of Persons)

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.

Pricing:

Member price: $375 (add GST/HST)
Non-Member price: $800 (add GST/HST)

The Advocis Transition Package – 924

Candidates who have completed the previous Advocis core program (FP241 –FP244) by the 31st of December 2019 deadline but have not yet written an exam through FP Canada can transition to the new stream by taking the Advocis Transition Package. This package familiarizes candidates with new additions to the curriculum. The Advocis Transition Package is comprised of two modules (913, 922) from the new Advocis Core Curriculum Program for CFP® and QAFP™ Certification.

Overview:

Self-Study – Advocis offers this module online. Candidates can complete the learning at their own pace within the 120-day window for module completion. This module is estimated at 228 study hours.

* Prerequisite – Students must have completed all courses of the previous CFP core curriculum (PF 241, 242, 243, 244)

** Please note a minimum passing grade of 60% is required.

Features:

Downloadable PDF of module content
Practice module exam
Grades tool to keep track of your progression through the module
ReadSpeaker text-to-speech tool
120-day window for completion of module

CE Credits:

913 – Credit & Debt study hours – 68 hours
922 – Human Behaviour – study hours pending

Applications to obtain accreditation are pending. Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.

Pricing:

Member price: $250 (add GST/HST)
Non-Member price: $450 (add GST/HST)

Advocis QAFP Exam Review Tool – 925 Set A

The Advocis QAFP Exam Review Tool is designed to help you prepare for the FP Canada QAFP Exam. The exam questions are based on the FP Canada™ Blueprint: QAFP™ Examination with questions to challenge candidates to integrate their knowledge from several financial planning areas and specific elements of the FP Canada Standards Council™ Competency Profile.

The Advocis QAFP Exam Review Tool contains:

76 independent multiple-choice questions
24 case-set multiple-choice questions based on case-studies
Solutions and rationales for all questions

Delivery Conditions:

Unlimited attempts
12-month access window

Pricing:

Member price: $150 (add GST/HST)
Non-Member price: $375 (add GST/HST)

Note:

Set A and Set B are independent exam sets that are equally beneficial for your preparation of FP Canada’s Examination. Consider purchasing the bundle containing both Set A and Set B for more practice.

Advocis CFP Exam Review Tool – 926 Set A

The Advocis CFP Exam Review Tool is designed to help you prepare for the FP Canada CFP Exam. The exam questions are based on the FP Canada™ Blueprint: CFP Examination with questions to challenge candidates to integrate their knowledge from several financial planning areas and specific elements of the FP Canada Standards Council™ Competency Profile.

The Advocis CFP Exam Review Tool contains:

Six comprehensive case studies, each with a set of three to four constructed-response questions
Twenty independent multiple-choice questions
Recommended solutions for the constructed response questions
Rationales for the multiple-choice questions

Delivery Conditions:

Unlimited attempts
12-month access window

Pricing:

Member price: $150 (add GST/HST)
Non-Member price: $375 (add GST/HST)

Note:

Advocis QAFP Exam Review Tool – 928 Set B

The Advocis QAFP Exam Review Tool is designed to help you prepare for the FP Canada QAFP Exam. The exam questions are based on the FP Canada™ Blueprint: QAFP Examination with questions to challenge candidates to integrate their knowledge from several financial planning areas and specific elements of the FP Canada Standards Council™ Competency Profile.

The Advocis QAFP Exam Review Tool contains:

70 independent multiple-choice questions
30 case-set multiple-choice questions based on case-studies
Solutions and rationales for all questions

Delivery Conditions:

Unlimited attempts
12-month access window

Pricing:

Member price: $150 (add GST/HST)
Non-Member price: $375 (add GST/HST)

Note:

Advocis CFP Exam Review Tool – 929 Set B

The Advocis QAFP Exam Review Tool contains:

70 independent multiple-choice questions
30 case-set multiple-choice questions based on case-studies
Solutions and rationales for all questions

Delivery Conditions:

Unlimited attempts
12-month access window

Pricing:

Member price: $150 (add GST/HST)
Non-Member price: $375 (add GST/HST)

Note:

Advocis QAFP Exam Review Tool – 930 Bundle

The Advocis QAFP Exam Review Tool Bundle is designed to help you prepare for the FP Canada QAFP Exam. This bundle contains two sets of exams (Set A and Set B). Each set of exam questions are based on the FP Canada™ Blueprint: QAFP Examination with questions to challenge candidates to integrate their knowledge from several financial planning areas and specific elements of the FP Canada Standards Council™ Competency Profile.

The Advocis QAFP Exam Review Tool bundle contains:

Exam Set A:
- 76 independent multiple-choice questions
- 24 case-set multiple-choice questions based on case-studies
- Solutions and rationales for all questions
Exam Set B:
- 70 independent multiple-choice questions
- 30 case-set multiple-choice questions based on case-studies
- Solutions and rationales for all questions

Delivery Conditions:

Unlimited attempts
12-month access window

Pricing:

Member price: $250 (add GST/HST)
Non-Member price: $700 (add GST/HST)

Advocis CFP Exam Review Tool – 931 Bundle

The Advocis CFP Exam Review Tool Bundle is designed to help you prepare for the FP Canada CFP Exam. This bundle contains two sets of exams (Set A and Set B). Each set of exam questions are based on the FP Canada™ Blueprint: CFP Examination with questions to challenge candidates to integrate their knowledge from several financial planning areas and specific elements of the FP Canada Standards Council™ Competency Profile.

The Advocis CFP Exam Review Tool bundle contains:

Exam Set A:

Six comprehensive case studies, each with a set of three to four constructed-response questions
Twenty independent multiple-choice questions
Recommended solutions for the constructed response questions
Rationales for the multiple-choice questions

Exam Set B:

70 independent multiple-choice questions
30 case-set multiple-choice questions based on case-studies
Solutions and rationales for all questions

Delivery Conditions:

Unlimited attempts
12-month access window

Pricing:

Member price: $250 (add GST/HST)
Non-Member price: $700 (add GST/HST)

Advanced Concepts in Tax & Law For Personal Planning – 255

This course focuses on wealth transfer and estate planning strategies for individuals and families. Descriptions of law and tax structures lead to discussions on applicable financial planning approaches for individuals and families. Learning objectives include: The use of life insurance and living benefits to manage personal risks and wealth preservation, the creation of trusts and other instruments to ensure the orderly transfer of individual wealth, the examination of the special tax reporting obligations facing individuals who enter or leave Canada, and the examination of client objectives and responsibilities at death including tax and legal obligations and how they can be reconciled to the wealth transfer and estate planning intentions of the testator.

Overview:

Self-Study – Advocis offers this course online. Candidates can complete the learning at their own pace within the 120-day window for course completion. This course is estimated at 55 study hours.

* Prerequisite – Successful completion of the Advocis Financial Planning Fundamentals Program for CLU® Certification.

** Please note a minimum passing grade of 60% is required.

Features:

Downloadable PDF of course content
Practice course exam
Grades tool to keep track of your progression through the course
ReadSpeaker text-to-speech tool
120-day window for completion of course

CE Credits:

Alberta Insurance Council: 30 Life
Chambre de la Sécurité Financière: 10 PDUs (General Subject), 10 PDUs (Group Savings Plan Brokerage), 10 PDUs (Insurance of Persons)
Insurance Council of Manitoba: 30
IIROC: 20

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.

Pricing:

Member price: $475 (add GST/HST)
Non-Member price: $800 (add GST/HST)

Tax and Legal Principles for Businesses and their Owners – 256

This course focuses on wealth transfer and estate planning strategies for businesses and business owners. Learning objectives include: A description of the legal and tax implications of certain business structures, specifically sole proprietorships, partnerships and corporations with particular attention to tax planning strategies and the issues to be addressed at the sale or transfer of the business or at the death of a principal, a special focus on the tax complexities present in the operation of a corporation, the approaches to identify, apply, and synthesize appropriate income tax techniques used to restructure a corporation, and the consideration of planning strategies for the orderly and tax-efficient of business wealth at retirement or upon death.

Overview:

Self-Study – Advocis offers this course online. Candidates can complete the learning at their own pace within the 120-day window for module completion. This course is estimated at 55 study hours.

* Prerequisite – Successful completion of the Advocis Financial Planning Fundamentals Program for CLU® Certification and CLU Designation Course 255.

** Please note a minimum passing grade of 60% is required.

Features:

Downloadable PDF of course content
Practice course exam
Grades tool to keep track of your progression through the course
ReadSpeaker text-to-speech tool
120-day window for completion of course

CE Credits:

Alberta Insurance Council: 30 Life
Chambre de la Sécurité Financière: 1 PDU (General Subject), 5 PDUs (Group Savings Plan Brokerage), 10 PDUs (Insurance of Persons))
Insurance Council of Manitoba: 30
IIROC: 20

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.

Pricing:

Member price: $475 (add GST/HST)
Non-Member price: $800 (add GST/HST)

Advanced Estate Planning – 257

This course is the culmination of all the courses in the CLU program. The course is designed to help financial advisors hone their skills in working with the client to develop a comprehensive estate plan that addresses all of the client’s objectives and obligations. Learning objectives include: To analyze the client’s financial status and overall estate planning objectives, to explain the advantages and disadvantages of different estate planning strategies and contrast them with one another, to consider planning strategies involving the use of inter vivos and testamentary trusts, and to assess the need for life insurance in order to support the estate plan and recommend alternative insurance strategies.

Overview

The Advanced Estate Planning (CLU 257) course is offered on a semester basis. The course is comprised of readings, case studies and assignments followed by the course exam. The registration period has been established to allow candidates the opportunity to reasonably complete all course requirements and prepare for the course exam.

If this registration period is missed, there is a period in which to submit a late registration request after the registration deadline has passed. Candidates can submit their request to info@advocis.ca. A late registration fee of $150 + applicable taxes will be applied.

Prerequisites are the Advocis Financial Planning Fundamentals Program for CLU® Certification and CLU Designation Courses 255 and 256.

Please note a minimum passing grade of 60% is required.

Required Textbooks:

Estate Planning with Life Insurance, 8th Edition by Glenn R. Stephens, LL.B., TEP, FEA; and
Wealth Planning Strategies for Canadians 2022 by Christine Van Cauwenberghe, B.Comm., LL.B., CFP, TEP

Completion Requirements

Passing grade: 60%
Two case-based written assignments (40% of overall grade)
Ethics & Professional Standards module (20% of overall grade)
Final online proctored exam (40% of overall grade)

Features

Downloadable PDF of Advocis Course Book (Required Textbooks not available in PDF)
Practice course exam
Grades tool to keep track of your progress through the course
ReadSpeaker text-to-speech tool

CE Credits

Alberta Insurance Council: 30 Life
Chambre de la Sécurité Financière: 10 PDUs (General Subject), 10 PDUs (Insurance of Persons)
Insurance Council of Manitoba: 30
IIROC: 20

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.

Pricing

Member price: $685 (add GST/HST)
Non-Member price: $1,370 (add GST/HST)
Late registration price: Course fee ($685 or $1,370 depending on Advocis membership status) + $150 late registration fee (add GST/HST)

Winter 2024 Semester

Registration for the Winter 2024 Semester is now closed.

Course Requirement	% of Overall Course Mark	Deadline
Assignment 1	20%	February 15, 2024
Assignment 2	20%	March 15, 2024
Ethics & Professional Standards Module	20%	May 7, 2024
Final Exam (Proctored Online)	40%	May 8, 2024

Summer 2024 Semester

Registration for the Summer 2024 semester will open on June 3, 2024 and close on July 12, 2024.

Course Requirement	% of Overall Course Mark	Deadline
Assignment 1	20%	August 15, 2024
Assignment 2	20%	September 15, 2024
Ethics & Professional Standards Module	20%	November 12, 2024
Final Exam (Proctored Online)	40%	November 13, 2024

Disability Income Insurance – Individual and Group – 303

This course provides a comprehensive description of the living benefits programs and products that address disability and health risks for individuals in personal and business situations. Topics include the nature of the disability insurance risk, disability insurance policy provisions, head office product design and pricing, and special risk products for disability insurance. Learning objectives include: To understand the unique moral, physical and legal hazards associated with disability insurance, your clients’ risk of disability in personal and business settings, and the importance of addressing this issue with them, to identify, analyze and explain the common provisions of a typical disability income policy including optional coverage benefits, to identify and perform the various steps associated with classifying occupations, and preparing the application for head office underwriting, and to understand the factors affecting the disability claims process.

Overview:

Self-Study – Advocis offers this course online. Candidates can complete the learning at their own pace within the 120-day window for course completion.

* Prerequisite – There are no prerequisites.

** Please note a minimum passing grade of 60% is required.

*** Required Textbooks – Disability Insurance and Other Living Benefits, Jacqueline Figas, 3rd Edition

Features:

Downloadable PDF of course content
Practice course exam
Grades tool to keep track of your progression through the course
ReadSpeaker text-to-speech tool
120-day window for completion of course

CE Credits:

Alberta Insurance Council: 30 A&S
Chambre de la Sécurité Financière: 10 Compliance, 30 General Subjects, 10 Insurance of Persons, 10 Group Insurance

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.

Pricing:

Member price: $320 (add GST/HST)
Non-Member price: $595 (add GST/HST)

Critical Illness, Long-Term Care and Group Benefits – 504

This course provides a comprehensive review of two special living benefits products – critical illness and long-term care, while considering key topics such as product design, pricing, marketing, underwriting and claims. Group benefits are examined within the context of providing protection to employees in the workplace, short-term and long-term income replacement, dental and health insurance, and flexible benefits as well as employee assistance programs. Learning objectives include: To appreciate the unique challenges around the design and pricing of CI products, underwriting applications for critical illness, and the importance of the advisor’s role, to consider the need for advanced planning with clients regarding their short- and long-term care needs, to distinguish between different forms of LTC insurance and explain the differences in considering the challenges facing aging clients, to appreciate the complexities of group plan design, administration, underwriting and claims adjudication.

Overview:

Self-Study – Advocis offers this course online. Candidates can complete the learning at their own pace within the 120-day window for course completion.

* Prerequisite – There is no prerequisite for this course.

** Please note a minimum passing grade of 60% is required.

*** Required Textbooks – 1) Group Benefits Plan Management, Ann O’Neil – 2)The Aging Client and Long-Term Care, Jacqueline E. Figas

Features:

Downloadable PDF of course content
Practice course exam
Grades tool to keep track of your progression through the course
ReadSpeaker text-to-speech tool
120-day window for completion of course

CE Credits:

Alberta Insurance Council: 30 A&S
Chambre de la Sécurité Financière: 10 Compliance, 30 General Subjects, 10 Insurance of Persons, 10 Group Insurance

Candidates seeking CE or PDU credits for professional designations or organizations (including The Institute™) should contact the governing body for confirmation of CE/PDU qualification.

Pricing:

Member price: $320 (add GST/HST)
Non-Member price: $595 (add GST/HST)

Financial Planning Fundamentals for Health Insurance Professionals Program – 505

The Financial Planning Fundamentals for Health Insurance Professionals Program (505) is comprised of five financial planning modules and is the first program requirement for individuals looking to complete the Certified Health Insurance Specialist (CHS™) Designation program. Once registered in 505, individuals get online access to the following modules:

These modules make up the Core Curriculum Program. The Financial Planning Fundamentals for Health Insurance Professionals Program will ensure CHS professionals are equipped with the skills required to accurately and confidently serve the needs and interests of their clients.

Overview:

Self-Study – Advocis offers this module online. Candidates can complete the learning at their own pace within the 2-year window for module completion. * Prerequisite – See above. ** Please note a minimum passing grade of 60% is required.

Features:

Downloadable PDF of module content
Practice module exam
Grades tool to keep track of your progression through the module
ReadSpeaker text-to-speech tool
2-year window for completion of program

Bundle Pricing:

Member price: $250 (add GST/HST)
Non-Member price: $450 (add GST/HST)

Individual Module Pricing:

Member price: $150 (add GST/HST)
Non-Member price: $375 (add GST/HST)