Certified Financial Planner

Duration : 3 months
Classroom : 2 Days (24 Hrs)
Self-Study Hours : 9:00 Hrs

Course Contents

Overview
Besides basic concepts of financial planning, goal setting, and maximizing assets, an in-depth discussion of investing strategies is provided, including various instruments suitable for both savers and investors. Also covered are the types of personalities and their investment profiles along with the various stages in the life cycle of an investor. The course also provides strategies for reducing tax burden. In the end, it provides valuable information about how to build a model portfolio that suits your risk and return profile.

Introduction to Financial Planning
What is financial planning ?
Three steps in financial planning process


Analyzing the resources of the person
Elements of the Balance Sheet
The Income and Expense Statement
The Budget
Why is it important to prepare budget carefully ?

Basic Concepts in Financial Planning
The time value of money
Diversification ? ?spreading risk?
Investment Timing

Financial Products for Savers
Saving versus Investment
Products options for savers
Checking Accounts
Savings Account
Certificates of Deposit
Money Market Mutual Funds
Money Market Deposit Accounts
U.S. Treasury Bills

Financial Products for Investors
Products options for Investors
Common Stock
Bonds
Preferred Stock
Mutual Funds üReal Estate
Commodities
Metals, Art and Collectibles

The Psychographics & Life Cycle of the Investor
The Five Personalities
Using the Five-Way Classification Model
Risk/Return Trade-Offs for Investors
Risk/Return Position at Various Life Cycle Stages

Goal Achievement, Investment
Objectives & Investment Constraints
Types of Goals
Investment Objectives
Liquidity: Real Needs and Perceived Needs

Tax Planning
Strategies for reducing federal income tax

Model Portfolio
Basics of Portfolio Management
Building a Model Portfolio