Becoming A Certified Financial Fiduciary®
A Comprehensive Fiduciary Training and Professional Designation Course for Qualified Financial Professionals
Founder | CEO Rick McClanahan explains how it all began.
"This course provided timely and invaluable fiduciary education while at the same giving me a new way to gain trust, credibility and grow my practice by becoming a Certified Financial Fiduciary®! - Ryan M., Franklin, TN.
LImited Black Friday Offer:
Be One Of The First 500 To Enroll In Our Online Course Before November 30th And SAVE $700 off our regular enrollment fee of $1695!
To Enroll By Phone Call: 704-930-0032
Please Note: This course is being picked up by a major university in 2020. To meet accreditation standards our curriculum is changing to an 8-week format and will be more difficult. The price will be increasing as well.
Enroll now to be grandfathered in. Take advantage of this offer while it lasts.
BECOMING A CERTIFIED FINANCIAL FIDUCIARY® WILL HELP YOU:
- Establish trust and credibility with prospects - immediately!
- Easily be recognized as a true fiduciary without having to explain your credentials.
- Gain competitive advantage over agents and advisors in your area who are not certified.
- Ensure you are protecting yourself, your practice and your clients according to today's fiduciary standards.
- Be the fiduciary your prospects are searching for - get listed in our CFF directory where thousands of consumers search to find agents and advisors with this designation.
Here are some short clips taken from the class:
It's no longer enough to just say you are a fiduciary, now you have to prove it!
What are you doing in your practice to gain trust and credibility?
How do you describe what you do?
Are you any different than your competition? How do clients and prospects view you?
The fiduciary age is upon us and whether we like it or not, fiduciary standards are the law of the land for financial professionals going forward.
Here are some industry updates:
1) September 2019 - SEC releases the final version of its Regulation Best Interest rule (Enforcement begins June 2020)
2) December 2019 - DOL is set to release a revised version of its DOL Fiduciary Rule
3) October 2019 - CFP Board releases new (Fiduciary) Code of Ethics and Standards of Conduct (Enforcement begins June 2020)
4) Happening Now - Multiple states are releasing their own versions of the DOL Fiduciary rule (NJ, NV, MD, NY, MA - to name a few)
5) Consumers Seeking Fiduciaries - Consumers across the nation are actively searching for fiduciaries to assist them with their financial and retirement needs. Large companies like AARP® are telling their membership of over 50 million seniors to ONLY work with Certified Fiduciaries.
Now's the time to get ahead of this paradigm shift. Become Certified Financial Fiduciary today!
WHAT YOU WILL LEARN
(Curriculum highlights - contact us for a full copy of the curriculum):
Lesson 1: What is the National Association of Certified Financial Fiduciaries (NACFF)
Lesson 2: What was the DOL Fiduciary rule (Basis, History, and Impact)
Lesson 3: All Fiduciaries are not the same. Who or what is a fiduciary? And what triggers fiduciary responsibility?
Lesson 4: What is the difference between Suitability & Fiduciary?
Lesson 5: The New Fiduciary Standard
Lesson 6: Fiduciary Ethics for Financial Professionals
Lesson 7: Course Exercises, Review, and FAQ's.
WHO CAN QUALIFY?
Financial professionals seeking to obtain the Certified Financial Fiduciary® (CFF) designation must meet the following criteria:
1) Successfully complete 1 day in-person training at one of our training facilities or locations, or complete the online training course 2) Pass the CFF exam with a score of 75% or better. 3)Possess a professional financial certification/designation or Professional financial license (securities, insurance, accounting, etc.), or 4) A combination of education and experience deemed satisfactory by the NACFF Advisory Council 5) Must pass full background check and be in good standing with all state and federal license requirements 6) Must allow NACFF to audit/review their business office (via survey) for best practices and compliance. 7) Exemplify highest standards of morals, ethics, and fiduciary standards of service 8) Must swear to uphold the CFF code of conduct
FAQ's:
Q: Are there any other fees or CE required to maintain the designation once I obtain it?
A: Yes, there is an annual renewal fee of $250 + you must complete 10 hours of CE annually. Current state requirements of 24 hours biannually will suffice.
Q: How long will it take to get through it all?
A: 4-5 hours online depending on how fast you study. We have provided videos of Rick teaching a live class along with a downloadable course workbook and practice review sheets. Live classes typically take 8 hours which includes breaks and lunch.
Q: Are you recognized by FINRA?
A: Yes, we met all qualifications to be listed in FINRA's directory of professional designations
Q: If I have disclosures on my broker check or vector hits, can I still qualify?
A: Depends on the circumstances, but we do a background check on everyone and handle each situation on a case by case basis. If your disclosures were malicious in nature, or ponzi scheme related you will not qualify. (If you have questions about whether or not you will qualify you may contact Jenny McClanahan at: 704-930-0032 Mon-Fri 9AM-5PM EST.)
Q: Is the exam hard?
A: There are 76 questions on the exam. We currently have an 85% pass rate. If you study, you should pass.
Q: Is there a fee to retake the exam if I fail?
A: Yes, there is a $75 retake fee
Q: Is the exam proctored and do I have to go to a testing center?
A: Yes, we use ProctorU for online proctoring. No, you do not have to go to a testing center, but you will have to have a laptop or computer with a camera as the session will be recorded. In some cases, the test will be given in a live class and proctored by the instructor.
Q: Does my Broker Dealer or RIA approve it for use?
A: Most do, in fact we have some that are paying for their reps to get the designation. However, you will have to check with your compliance to be sure. We will help you get it approved in any way we can.
Q: Do I have to have a securities license?
A: No, however, it is recommended that if you do not, you must operate a holistic practice, rather than just being an annuity (or product) slinger, for example. We are looking for the best and brightest that always put their client's best interest first. We find that difficult to do if you only offer one type of product recommendation (ex: annuity) to every client. We do, however, believe there is a place for annuities in a properly allocated portfolio.
Q: What is your refund policy if I don't pass the background check?
A: All registrations must be submitted with full payment prior to the class (whether online or live). Regular tuition to attend the live class is $1895 however, in some cases you may have received a discount. Tuition includes $250 non-refundable Application/Background Check fee, the remaining amount is the course and exam fee. You must complete and submit your application prior to the start of the class. You will be able to download the application when you log into the learning portal or you will receive it by email once registration is completed (for live classes). If your application is not approved, we will refund the course and exam fee, the $250 application & background check fee is non-refundable. Applications will be examined on a case by case basis by the NACFF approval committee. (Again, if you have questions about whether or not you qualify contact Jenny McClanahan at 704-930-0032 Mon-Fri. 9AM-5PM EST)
Q: What if I don't pass the exam? Can I get my money back then?
A: Unfortunately, no. However, you can retake the exam up to 3 times before having to go back through the course again.
Q: Once I am enrolled, how long do I have to complete the course and/or exam?
A: For the online course you will have 60 days from your enrollment date to complete the course and exam. Failure to do so in the allotted time frame will result in re-enrollment fees (at current rate) and starting over since the curriculum may have been updated. Live classes cover all required course material in one day of training. In some cases, the exam is also given the same day. If the exam is not given the day of the class you will have 60 days from the date you attended, to complete the exam online.
Here's what others are saying about the Certified Financial Fiduciary® designation!
Copyright National Association of Certified Financial Fiduciaries (R) 2019 | All Rights Reserved.