You will:
- Identify and write your action plan to begin building and implementing immediately
- Learn how to organize and conduct each of the various types of client meetings
- Determine the deliverables presented at each client meeting
- Identify how to set a fee for integrated personal financial planning services
- Learn how to quote the fee and secure the engagement
- Identify and build your collaborative team of advisers
- Apply networking and marketing techniques through the building of collaborative teams
- Identify Virtual Family Office Opportunities, and learn how to transition a personal financial planning client into a virtual family office engagement
- Choose your Personal Financial planning software
- Apply The AICPA Statement on Standards in Personal Financial Planning Services to your engagements
- Select engagement letters, and engagement agreements (if your state requires registration)
- Assess and learn from an actual team of advisers in collaborative role-playing exercise
- Use a Documented Workflow System and Standard Operating Procedures (provided in materials)
- Recognize Life Planning opportunities and much more…
Optional coaching and mentoring following training:
- One-on-one coaching and mentoring with Tom and Susan
- Review of your practice structure
- Consulting for the integration of personal financial planning services with your CPA firm or building a stand-alone personal financial planning business
- Coaching for actual client engagements
- Assistance with personal financial planning technical questions (Investment, Retirement, Estate, Tax Planning, Risk Management, Cash Flow)
- Compliance coaching if your state requires registration
- Local adviser referrals in your area
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What People are saying about this course —
“I have 25+ years experience as a CPA, and completed the AICPA PFS credential classes before I attended the FP Advocate classes. I did not feel prepared to provide financial planning until I went through the FP Advocate classes, which gave me a more in depth view of how the financial planning process actually works and how straight forward it is to move forward once you have the steps down. After I completed training I felt that I had a good handle on processes, and the checklists and documents needed to move forward. Meeting advisors in investments, banking, insurance, etc, and seeing their part of the process (how they are brought into the planning process) provided an even better understanding of how all of the pieces come together!”
What they are saying about our coaching and mentoring —
“I have found the coaching/mentoring part of FP Advocate invaluable. Having Tom and Susan Tillery, experienced advisors in financial planning, available to answer questions and guide my first engagement and documentation requirements helped me sleep at night knowing I can reach out as needed to continue moving forward as is best for my client in their financial planning process. In two hours, Tom provided a very clear initial understanding of the pieces that would need to be worked through for a significant engagement, along with an idea on the hours it would take to complete it. Since I am billing set fees having an idea on the hours allowed me to be very comfortable providing a fee arrangement to start my first engagement! Last but not least, seeing the way the engagement letter Tom & Susan provided as a sample works in tandem with the RIA required engagement agreement ensuring you don’t miss anything in the required scope…wonderful knowing I am not missing anything (yes, they provided guidance on the RIA one too!).”
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Building a Fee-for-Service Personal Financial Planning Practice Course
$8,000.00 (Course Only)
Note: If you prefer to pay by check fill in the contact information below and we will be happy to accommodate you.
Scheduled Classes – July 2024 – January 2025
Dates: July 17-19 and July 24-26 – 12PM – 4PM EST (each day online)
Registration Deadline: July 08, 2024
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Dates: Oct 21-23 and Oct 28-30 – 12PM – 4PM EST (each day online)
Registration Deadline: October 11, 2024
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Dates: January 8-10 and 15-17 – 12PM – 4PM EST (each day online)
Registration deadline Dec 27, 2024
Class size is limited to 4 students
Contact Information
For more information regarding refund, concerns, and/or program cancellation policies,
please contact Pat McGarvey at contact@fpadvocate.com
CPE Credits: 24 — NASBA approved
Recommended Field of Study: Specialized Knowledge
Additional Information
Prerequisites: CPA/PFS or PFS Candidate
Advanced Preparation: None
Program Level: Intermediate
Delivery Method: Group Internet Based