Personal Financial Planning 1

Personal Financial Planning 1: Concepts and Principles

Use CEBS courses to pursue the CFP Certification

This course was phased out of the CEBS curriculum as of December 31, 2011.  Information about RPA 4

This course may be used as an elective for the CEBS curriculum.

This course introduces the concepts and principles of personal financial planning. The initial assignment describes the steps in the personal financial planning process and the importance of formulating quantifiable client objectives. It also describes sources of information and tools used by the planner. Other assignments provide an overview of a distinct planning area in the financial planning process: insurance, investments, retirement planning, income taxation and estate planning. Subsequent assignments concentrate on life and health programs, property and liability converges, long-term care plans, equity analysis, investment strategy, retirement investment products and planning strategies. This course also describes relevant ethical issues and principles of professionalism required of the financial planning practitioner.

Study Materials

  • Study Manual, 2nd edition-includes Practice Exam on CD (PC only), $130.00.
  • Personal Financial Planning, 7th Edition, G. Victor Hallman and Jerry S. Rosenbloom, McGraw-Hill, 2003, $50.00. ISBN 0-07-141944-6  SOLD OUT

May meet CE Credit Requirements

Click here for ACE Credit Recommendation.

Enrichment Reading:
The Planning Companion, 2011 Edition

Assignment Topics

  1. The Personal Financial Planning Process
  2. Insuring for Risks - An Overview
  3. Investment Planning - An Overview
  4. Retirement Planning - An Overview
  5. Income Tax Planning - An Overview
  6. Estate Planning - An Overview
  7. Insurance: Life and Health
  8. Insurance: Property and Liability
  9. Insurance: Long-Term Care
  10. Investments: Common Stocks and Other Equity Investments
  11. Other Investment Choices
  12. Mutual Funds and Investment Strategy
  13. Special Retirement Investment Products and Capital Accumulation Plans
  14. Retirement Planning Strategies
  15. Financial Planning Ethics and Professionalism