BAF-CFE8007 - CFP - Financial Plan Development Course

Course Description

This Capstone course is approved by the CFP Board of Standards, Inc. to satisfy the Financial Plan Development Course requirement. It is a comprehensive course where students will be able to apply the knowledge and skills acquired throughout the CFP(r) Certification Education Program toward the preparation, implementation and delivery of a financial plan.

Course Outline

Class 1

Introductions and expectations

Review Fundamentals of Financial Planning and Insurance Planning

Using the Financial Planning Process to develop and present a financial plan

Introduction to planning software

Class 2

Review Investment Planning and Tax Planning

Class 3

Review Retirement Planning and Estate Planning

Class 4

Case: Mid-Life Career Changes

Class 5

Case: Retirement/College Funding

Class 6

Case: Widow

Class 7

Case: Retiring Executives

Class 8

Case: Terminally Ill

Class 9

Case

Class 10

Case: Same Sex Couple

Class 11 and Class 12

Group Planning

Define Relationship

Gather Data

Analyze

Recommendation

Implementation

Monitoring

Class 13 and Class 14

Group Presentations

Class 15

Review and Wrap Up

Learner Outcomes

Upon completion, students should be able to:

Demonstrate a comprehensive understanding of the content found within the Financial Planning curriculum and effectively apply and integrate this information in the formulation of a financial plan.
Effectively communicate the financial plan, both orally and in writing, including information based on research, peer, colleague, or simulated client interaction and/or results emanating from synthesis of material.
Collect all necessary and relevant qualitative and quantitative information required to develop a financial plan.
Analyze personal financial situation, evaluating clients' objectives, needs, and values to develop an appropriate strategy within the financial plan.
Demonstrate logic and reasoning to identify the strengths and weaknesses of various approaches to a specific problem.
Evaluate the impact of economic, political and regulatory issues with regard to the financial plan.
Apply the CFP Board Financial Planning Practice Standards to the financial planning process.

Notes

Method of Instruction: Lecture

Evaluation: This course is evaluated on a Pass/Fail basis. Students (individually or in a group) will be evaluated on the development and presentation of a financial plan, through an Assessment Rubric.

Prerequisites

Completion of CFP Certification Curriculum (CFE 8001, 8002, 8003, 8004, 8005, 8006) or Department Approval.