FPSC Level 1 Certificants in Financial Planning are equipped to provide financial planning strategies and solutions for clients who have less complex financial planning needs than clients of CFP® professionals. FPSC Level 1 certificants are required to attest to the same standard of care, ethics and loyalty as a CFP professional and have a Continuing Education requirement to ensure that competence is maintained and continues to grow. Financial services firms seek this certification as demonstration that a potential or current employee has reached a meaningful milestone on the path to CFP certification.
FPSC Level 1 certificants can chose to stay at that level of certification or continue to become a CFP professional at any time. There is no time limit for remaining an FPSC Level 1 certificant, provided that all requirements are maintained, and that the certification is renewed annually. If you prefer working with clients who have fairly straightforward financial planning needs, the FPSC Level 1 Certification in Financial Planning is the right credential for you.
As an FPSC Level 1 certificant, you prove your dedication to professionalism — demanded by the industry and of value to the financial planning profession.
Read our FAQ: FPSC Level 1 Certification.
FP Canada is making changes to its certification programs. Effective January 1, 2020, FPSC Level 1® certification will be replaced by QAFP™ certification and all current FPSC Level 1 certificants will automatically become QAFP professionals. Additionally, changes to the paths to QAFP certification will be implemented following a transition period.
Education is a key component of the path to FPSC Level 1 certification, ensuring that FPSC Level 1 certificants develop the knowledge and skills required for excellence in financial planning.
The FPSC Level 1 Examination in Financial Planning is a four-hour, computer-based exam consisting of multiple-choice questions. The exam focuses on specific elements of the CFP Professional Competency Profile and may
integrates several financial planning areas.
Helping people plan for their future financially isn't just a way to make a living. It’s a way to make a difference. FPSC Level 1 certificants have the opportunity to give clients financial peace of mind.
FPSC Level 1 certification is valid for one year. To maintain certification, FPSC Level 1 certificants must renew their certification by July 31 each year. There are several requirements that FPSC Level 1 certificants
must attest to in order to renew certification.
FPSC Level 1 certificants have an obligation to ensure that their knowledge and competence remains current and must complete 12 hours of Continuing Education (CE) annually.