Master Financial Planner (MFP) Preparation
Learn to build financial plans that fit real people and real goals.
About this course
Learn to build financial plans that fit real people and real goals. Over five days you will follow the planning process from first meeting to review, analyse a client's position and risk profile, and work through investment, protection, retirement and estate planning.
The course closes with an integrated case in which you assemble and present a complete plan, with attention to clear communication and ethical advice. It prepares you for the MFP assessment.
What you'll learn
- Describe the financial planning process from data gathering to review
- Analyse a client's financial position, goals and risk profile
- Explain the principles of investment planning and asset allocation
- Outline approaches to retirement, education and estate planning
- Explain the role of insurance and risk management in a financial plan
- Apply ethical standards when giving financial planning advice
Curriculum
- Stages of financial planning
- Establishing the client relationship
- Gathering and analysing information
- Ethics and professional conduct
- Personal financial statements
- Cash flow and budgeting
- Debt management
- Setting goals and priorities
- Asset classes and their characteristics
- Risk, return and diversification
- Asset allocation
- Monitoring and rebalancing
- Identifying personal financial risks
- Life, health and property cover
- Matching protection to needs
- Reviewing existing policies
- Estimating future needs
- Saving and accumulation strategies
- Income in retirement
- Funding education
- Principles of wealth transfer
- Planning for family businesses
- Coordinating with legal and tax advisers
- Integrating the elements of a plan
- Communicating recommendations
- Implementation and review
- Case study and assessment review
Who it's for
Bankers, advisers, insurance and wealth management professionals who work with personal or family finances.
Before you start
- Working experience in finance, banking, insurance or wealth management
Prepares for
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View course →Let's plan your next step together.
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