Candidates are required by the IARFC to complete a graded self-study curriculum consisting of ten volumes mirroring that of the CFP preparation that covers the following six topics:
• Financial Planning Process
• Insurance Planning
• Investment Planning
• Income Tax Planning
• Retirement Planning
• Estate Planning
Candidates must additionally meet the following education, experience, and ethical requirements:
• Candidate either has attained a professional designation (i.e. CLU, ChFC, and CFP), or has earned a baccalaureate or graduate degree in financial planning with strong emphasis on subjects relating to economics, accounting, business, statistics, finance and similar studies; this granting institution must offer an IARFC-approved or CFP equivalent college curriculum and be an accredited college or university. Candidates must maintain proficiency via annual Continuing Education requirements.
• Met a minimum four years of experience, providing evidence of having met licensing requirements for securities plus life and health insurance, or submit RIA affiliation information.
• Candidate must have a sound record of business integrity with no suspensions or revocation of any professional licenses, and must subscribe to the IARFC Code of Ethics.