Who is a Financial Planner?

The IIROC proposal lists the following courses and designations as proof of proficiency:

- Someone who has completed the Canadian Securities Course and the Professional Financial Planning Course, sponsored by the Canadian Securities Institute

- Certified Financial Planner (CFP), sponsored by the Financial Planners Standards Council

- Personal Financial Planner (PFP), sponsored by the Institute of Canadian Bankers

- Certificate in Financial Planning (Planificateur financier [Pl. fin.] designation), sponsored by the Institut Quebecois de Planification Financiere (IQPF)

- Registered Financial Planner (RFP), sponsored by the Institute of Advanced Financial Planners

Combined with “other education or experience” the following designations may also demonstrate proficiency:

- Chartered Financial Consultant (CHFC), sponsored by Advocis, the Financial Advisors Association of Canada

- Chartered Life Underwriter (CLU), sponsored by Advocis, the Financial Advisors Association of Canada

- Chartered Financial Analyst (CFA), sponsored by the CFA Institute

- Certified General Accountant (CGA), sponsored by the Certified General Accountants Association of Canada

- Certified Management Accountant (CMA), sponsored by the Society of Management Accountants of Canada

- Chartered Accountant (CA), sponsored by the Canadian Institute of Chartered Accountants.