Registered Financial Planning Program

Financial Planning Program
What will I learn in the RFP® Program?

Module 1 - Behavioral Financial Planning

* Apply household finance and its economic and financial underpinnings to improve your personal financial planning
* Differentiate various types of household expenditures assuming the household as a functioning enterprise
* Apply cash flow analysis, develop savings approaches and employ financial ratios to household finance

Module 2 - Financial Planning Process

* Find out why financial planning is important to your personal financial health
* Learn how to apply the financial planning process for yourself and your clients
* Understand the particular needs and behavior of people for whom planning is to be done

Module 3 - Time Value of Money

* Develop a working understanding of compounding
* Apply time value of money principles in day-to-day situations
* Establish the effect of inflation on the purchasing power of the peso

Module 4 - Investment Planning

* Apply risk and return principles to investments
* Evaluate the factors that enter into investing
* Recognize how portfolio management differs from individual asset selection

Module 5 - Tax Planning

* Learn Value Added Tax (VAT), Income Taxation and others
* Develop a knowledge of key tax-planning strategies
* Compare the tax benefits of major investment vehicles

Module 6 - Estate Planning

* Determine what estate planning is and how to employ it
* Recognize the merits of having a will and establish the steps in an overall estate plan
* Develop several tax reduction strategies

Module 7 - Insurance Planning

* Apply retirement needs analysis
* Appreciate how risk can risk can alter the capital needs calculation
* Perform an insurance needs analysis

Module 8 - Financial Planning Practice

* Apply the six step process in making comprehensive financial plan
* Appreciate how financial planning concepts are used in actual case
* Demonstrate how financial planning can improve the profession

How do I become an RFP®?

Once you complete the modules and pass the assessment paper, you can apply to become Registered Financial Planner (RFP®) of RFPI USA. As RFP®, you can put "RFP®" after your name to signify your competence in financial planning. You can also practice financial planning as an alternative profession to your clients and friends, and you will get regular technical sessions and support from RFP® Association of the Philippines for updates and further training.

For more information, logon to our website at www.rfp-philippines.com