Core Skills in Financial Planning Workshop

This one day workshop has been specifically designed for those working as financial advisers or Financial Planners to develop their Financial Planning skills. It is also an ideal workshop to understand what is required to become a CFP Professional.

The workshop has been designed to provide delegates with a comprehensive understanding of the key Financial Planning skills required to successfully produce a comprehensive high quality financial plan. It will also highlight areas for further learning that may be required before sitting the CFP certification assessment. This is a highly inter-active workshop which encourages delegates to take the opportunity to learn from each others experiences during the various group based activities.

Programme

The day begins with a comprehensive overview and explanation of the six step Financial Planning process that is necessary to follow in every planning situation.

The key functions that are performed during this process, such as client communication, are also discussed.

The use of financial calculators and excel spreadsheets is something we consider to be a fundamental requirement for Financial Planners, especially those wishing to sit the CFP certification assessment in the future. One of the key skills focus during this workshop is the use of Financial Planning calculators and the completion of a variety of time value of money calculations using client scenarios. A demonstration will also show delegates how they can perform these tasks using Microsoft Excel.

Building on the six step Financial Planning process delegates will work through a case study and will review net worth statements and produce a detailed income and expenditure statement. Attendees will also be able to practise shortfall calculations based on client’s given objectives. Listening and communication skills are also practised.

Summary

On completion of this workshop delegates will be able to:

• Understand the Financial Planning process model
• Produce a detailed client specific net worth statement and income and expenditure statement
• Recognise the interplay between a client’s stated objectives
• Identify the assumptions that will be required to produce a client specific plan
• Produce time value of money calculations using a financial calculator
• Practice Financial Planning analysis using MS Excel.

Please note: this workshop does not cover specific product recommendations. If you have attended the two day Foundation workshop, you should not need to attend this course unless you would like a refresher.

Entry Requirements

• There are no formal qualifications required to enrol on this course but it is aimed at those advisers who have at least begun studying for more advanced qualifications such as the CII’s diploma or the SII’s Wealth Management Diploma, or any equivalent
• There is no set criterion or amount of experience required before attending this course. Three years experience of working as an adviser or in the financial services sector is preferable to ensure understanding of issues addressed during the course.

In addition, an open mind, a willingness to learn, and numeracy skills are a must.

Venues

Confirmation of the venue will be sent to delegates a minimum of one week prior to the workshop.

2008 Workshop Dates

Wednesday 19 November

**NEW ** 2009 Workshop Dates

Bristol	London	Birmingham
Wed 11 February	Tues 17 March	Wed 15 April
Mon 11 May	Tues 23 June	Mon 14 September
Wed 22 July	Thurs 19 November
Wed 21 October
Wed 9 December

Workshop Fees (per delegate)

Included within the price of this workshop is the cost of a financial calculator. VAT is not applicable and travel or accommodation must be booked independently.

Special Discount

After having completed the Core Skills in Financial Planning workshop, if you book onto either the Financial Planning Preparation Day or the CFP certification Fast Track Assessment, you will be entitled to a discount of £100.00 per delegate. This is only applicable if either workshop is booked within 6 months of attendance at the Core Skills in Financial Planning workshop. This discount can only be used in conjunction with one of the above mentioned workshops.

 Group Size

Each workshop will take place with a minimum of four and a maximum of ten participants.
The Institute reserves the right to cancel any workshop which does not achieve the minimum number of participants no later than five working days prior to the date of the workshop. In this instance a full refund minus a charge to cover the costs of any materials or a transfer to another workshop will be offered.  The IFP will not be liable for any additional expenses incurred by the attendee.

Booking Terms & Conditions

Please refer to the full booking terms and conditions as detailed within the professional development section of this website.  In the event that a workshop booking is made, this will be deemed to constitute acceptance by the attendee of the booking terms and conditions.

To download a registration form please: CLICK HERE

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