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THE FINANCIAL PLANNING PROGRAM

With the growing demand for qualified personal financial planners, now is the time to complete the education required for the Certified Financial Planner® certification. This certification can open the door to more and better opportunities because recruiters and prospective employers recognize CFP® certification as the most desired designation in this growing field.

Our Financial Planning Emphasis within the Family, Community and Human Development major and our Certificate Program in Financial Planning are registered with CFP® Board (Certified Financial Planner Board of Standards).

These programs meet specific criteria set by the CFP® Board for those who wish to fulfill the Education component for certification. Individuals who meet the Education requirement are eligible to sit for the CFP® Certification Examination. Successful completion of the Education and Examination components completes two of the four core prerequisites to obtain CFP® certification.

TD Ameritrade Scholarship

Thanks to a Generous grant from TD Ameritrade the Department of Family & Consumer Studies has scholarships available for our Financial Planning students.

Eight $1,500 scholarships will be awarded. Student can choose to receive money for the Spring 2019 or Summer 2019 semester. Scholarship monies will be put directly towards tuition and fees. Eligible students must be a declared major in the Financial Planning Emphasis or have filled out the necessary paper work for our Undergraduate Certificate Program.

Unsure if you are declared or have filled out the Undergraduate Certificate paperwork? Email advisor@fcs.utah.edu to check.

Completed applications are due by 4 PM on December 14, 2018.

Fill out your application

 

WHAT IS A CFP®?

A Certified Financial Planner® supports and guides individuals and families in creating long-term plans to meet their financial goals. They continue to advise clients when those goals change over time due to shifting life circumstances.

Clients range from the new graduate to growing families to those well into retirement. As a CFP®, you can help these individuals navigate investments, student loans, budgets, mortgages, retirement savings, insurance, taxes, bequests, estate planning and many other financial situations.

CFP® professionals may work at financial firms or insurance companies. They can also start their own practices. No matter which path you choose, you can positively impact the lives of many as a trusted advisor, counselor and coach.

OPPORTUNITIES FOR CFP® PROFESSIONALS

SALARY

According to the U.S. Bureau of Labor Statistics, the mean salary is $95,980 annually for personal financial advisors in Utah.

As a Certified Financial Planner®, your expertise and credibility can earn more. You will be more likely to reach the top salary of $167,780 annually in the peak of your career.

OUTLOOK

The U.S. Bureau of Labor Statistics predicts demand will grow 15% through 2026 for personal financial advisors. They also note, "Those who obtain certification will likely have the best prospects."

An aging population and longer lifespans will contribute to this growth, and technology advancements should have limited impact as human advisors will be needed for more complex and specialized advice.

SATISFACTION

A new study shows that 9 out of 10 CFP® professionals are very satisfied with their career choice in financial planning. 

An even higher 92% say they are very satisfied with their decision to pursue CFP® certification, and 91% would recommend CFP® certification to other financial professionals.

Which option is right for you?

Major with Financial Planning Emphasis

This option is great for students completing the Family, Community and Human Development major. It is a short major with many online and evening class options.

EMPHASIS REQUIREMENTs prior to august 1, 2018

EMPHASIS REQUIREMENTS after AUGUST 1, 2018

 

Transferring from SLCC? Here's what you need to know.

Certificate Program in Financial Planning

Select this option if you are working towards your bachelor's degree and majoring outside the Department of Family and Consumer Studies.

Learn More

*Students MUST fill out and submit this form to initially register with the certificate program and to complete the program.

If you already have a Bachelor's degree, you can complete the Certificate Program in Financial Planning via the U's Professional Education program. For more info about this option, visit the Professional Education website. Students will fill out the registration forms through the Professional Education office.

LEARNING OBJECTIVES

  • Knowledge Base
    • Demonstrate expertise with advanced professional issues in personal financial planning, including regulatory compliance, investment, retirement, risk management, insurance, tax and estate planning. Effectively apply and integrate this information in the formulation of a financial plan. 
  • Ethics and Rules
    • Adhere to financial services regulations and apply CFP® Board Financial Planning Practice Standards. 
  • Communication
    • Establish the relationship with a client and effectively communicate the financial plan, both orally and in writing. 
  • Data Collection
    • Collect all necessary and relevant qualitative and quantitative information required to develop a financial plan and gather client data 
  • Analysis
    • Analyze and evaluate the client's financial status, personal values, and family priorities. 
  • Plan Development and Implementation
    • Develop comprehensive plans, present financial planning recommendations, and implement financial plans. 

Affiliations

PERSONAL MONEY MANAGEMENT CENTER

The Personal Money Management Center (PMMC) provides a competent and confidential atmosphere where students can access accredited counseling services, quality financial education and appropriate tools to achieving lifelong successful financial outcomes.

VISIT THE PMMC WEBSITE

FINANCIAL PLANNING ASSOCIATION

Join the University of Utah Chapter of the Financial Planning Association (FPA) to meet with financial planning professionals and discuss networking, resumes, and service opportunities. 

Student chapter members are encouraged to join FPA of Utah, which has a special discount for its student members. Membership provides benefits to help students succeed in internships and education, and access to an online career center.

Questions? Contact the Program Director.

email Dr. Zhou Yu

CFP® BOARD ACCOUNT

Students in our program are strongly encouraged to register an Online CFP® Board Account to receive updates and scholarship information from the CFP® Board.

create an account

For questions contact an academic advisor

BOOK AN ADVISING APPOINTMENT

Last Updated: 11/6/18