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

Textbooks: Available for purchase here

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.