Financial Planning Process and Insurance
Register for This Module Only
TBD
Class: 8:30 a.m.-3:30 p.m.
The course begins with a presentation of the basics that form the foundation of knowledge you need as a working financial services professional. The financial planning process as well as the legal, ethical, and regulatory issues affecting financial planners, and time value of money concepts are covered. The course continues with a discussion of the principles of risk management and insurance, allowing you to identify a client's risk exposure and select appropriate risk management techniques.
Topics:
- Introduction to the Financial Planning Process
- Regulatory & Ethical Considerations for Financial Planners
- Introduction to the Time Value of Money
- Introduction to the Insurance Industry
- Introduction to Risk Management & Related Legal Issues
- Introduction to Life Insurance & Annuities
- The Life Insurance Selection Process
- Health Care Plans
- Disability Income & Long-Term Care Insurance
- Property & Liability Insurance
Investment Planning
Register for This Module Only
TBD
Class: 8:30 a.m.-3:30 p.m.
In this course you'll learn about the wide variety of investment vehicles that may be included in a client's portfolio, as well as client assessment, tax considerations, economic factors, valuation methods, asset allocation techniques, portfolio performance evaluation, and more. Having the knowledge to choose the right investments is essential for implementing your clients' financial plans–and ensuring their confidence in you.
Topics:
- Security Markets
- Investment Risk & Return
- Modern Portfolio Theory
- Common Stock Valuation & Performance Measurement
- Security Analysis
- Features of Fixed Income Securities
- Valuation & Analysis of Fixed-Income Investments
- Derivatives
- Real Assets
- Mutual Funds & Foreign Investments
Retirement Planning and Employee Benefits
Register for This Module Only
TBD
Class: 8:30 a.m.-3:30 p.m.
With more and more Americans expressing concern about how they can be financially comfortable in retirement, it's crucial to your business that you know how to serve their needs in this area. This course covers all the major retirement-related issues: retirement savings need analysis, qualified retirement plan design, Social Security, Medicare, and more. In addition, group life, health, and disability insurance, nonqualified deferred compensation, and other commonly provided employee benefits are examined.
Topics:
- Planning for Retirement & Social Security
- Fundamentals of Defined Benefit Plans
- Fundamentals of Defined Contribution Plans
- Fundamentals of 401(k) Plans
- Traditional, Roth & SIMPLE IRAs
- 403(b) Plans & Other Plan Issues
- Retirement Plan Distributions & Plan Selection
- Deferred Compensation & Stock Plans
- Employee Group Benefits
Income Tax Planning
Register for This Module Only
TBD
Class: 8:30 a.m.-3:30 p.m.
Because taxes affect virtually every financial decision, having timely knowledge of tax laws and issues greatly enhances your effectiveness as a financial professional-and broadens your opportunities to do business. This course emphasizes the fundamentals of individual income taxation, the tax implications of various types of businesses, tax-advantaged investments, employee compensation issues and planning, alternative minimum tax, tax traps, and more.
Topics:
- Income Tax Concepts, Basic Terminology & Tax Calculations
- Tax Accounting & Forms of Business
- Income Tax Aspects of Property Acquisitions & Introduction to Property Dispositions
- Income Tax Aspects of the Disposition of Property
- Passive Activity Losses & Related Topics
- Income Tax Aspects of Securities
- Tax Planning for the Family
- Tax Law Research & Special Income Tax Considerations
Estate Planning
Register for This Module Only
TBD
Class: 8:30 a.m.-3:30 p.m.
Estate planning is vital to a total financial plan, especially in your work with high-net-worth clients. This course introduces you to the process of developing an estate plan. Topics covered include federal estate and gift taxation, techniques that reduce the size of a gross estate, wills, intestacy, probate, trusts, and more.
Topics:
- Estate Planning Process & Goals
- Methods of Estate Transfer at Death
- The Federal Estate Tax
- The Federal Gift Tax
- Methods of Estate Transfer During Life
- Estate Planning Issues Related to Generation-Skipping Transfer Tax & Income Tax
- Estate Liquidity & Postmortem Actions
- Estate Planning for Special Situations: Incapacity, Family Arrangements & Selecting Fiduciaries
Capstone Course – Financial Plan Development Course
Register for This Module Only
Beginning in 2012, the education requirements for CFP® certification will include completion of a financial plan development course registered with CFP Board. This capstone course requirement has been designed to enhance the knowledge, skills and abilities of individuals seeking to attain CFP® certification and implement an assessment of their ability to deliver professional and competent financial planning services to the public.
TBD
Class: 8:30 a.m.-3:30 p.m.
Who is required to take the capstone course?
All students of CFP Board-Registered Programs whose initial dates of matriculation (initial enrollment) occur on or after January 1, 2012 will be required to take the capstone course. Individuals who register to take the CFP® exam under "Challenge" status will be required to take the capstone course if their first sitting for the exam is March 2012 or later.
When should the capstone course be completed?
This course should be completed at the end of one’s program of study, as the course is designed to require integration and application of content across all financial planning subject areas.
How do I report completion of the capstone course?
When you complete an application for the March 2012 or later administrations of the CFP® Certification Examination, you will be asked to provide information about how you completed CFP Board’s education requirement, including completion of the capstone course, if applicable.
If I take the November 2011 exam and do not pass, will I need to take the capstone course before re-taking the exam?
No. Students who complete a CFP Board-Registered Program before November 2011, and those whose initial dates of matriculation (initial enrollment) in a CFP Board-Registered Program occur before January 1, 2012, will not need to take the capstone course in order to re-take the exam. Individuals who "challenge" the exam in November 2011 or earlier will not be required to take the capstone course in order to re-take the exam.
Source: http://www.cfp.net/become/education.asp
The program fee for all modules is $5,495 until February 10, 2012 and $5,595 after. You can also register for an individual module for $995 each. Just go to each module tab and click "Register for This Module Only". For information on group discounts, call (314) 516-5971.
The University reserves the right to cancel any program. In the event of cancellation, you will be notified immediately, and all program fees will be returned. If you must cancel the registration, you are entitled to a full refund only if you cancel two weeks prior to the first class. A $100 processing fee will be assessed for later cancellations up to the first class.
The cost of continuing education is deductible for federal income tax purposes under certain circumstances. Check with the IRS or your tax adviser.
The University of Missouri–St. Louis uses CFP® Board approved study material. It is expected that you will have obtained all your study materials before the beginning of each module. A separate study guide package is available for each of the five modules of the course:
Study Guides
- NEW INFORMATION COMING SOON.
To order study guides from the College for Financial Planning:
- Call (800) 237-9990 and press 2 to activate Student Services ordering.
- Identify yourself as a UMSL/University of Missouri–St. Louis CFP student.
- By using Visa, MasterCard, American Express, or Discover, you assure next business day shipping.
- Unless otherwise instructed, all study materials will be shipped UPS ground, with anticipated delivery time being 4–5 business days. (Personal checks are also accepted, but must be processed before the shipment can be released.)
Calculator
The CFP Board of Standards has a list of allowable calculators that can be used when a student sits for the certification exam. The financial calculator that will be used for this course is the Hewlett-Packard HP-10BII. If you choose to use another calculator, you will be responsible for knowing how to replicate the functions as demonstrated in class.
You have four ways to register:
- Online: Register online for UMSL's CFP® Exam Prep 2012 Cohort using a MasterCard, Visa, or Discover credit card.
- Fax: Complete a Noncredit Registration Form and fax to (314) 516-6414.
- Mail: Complete a Noncredit Registration Form and mail to the address indicated.
- Call: (314) 516-5908 or TDD (314) 516-5961.
Make checks payable to the University of Missouri–St. Louis.
Certificate Programs 
