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Chartered Financial Consultant

   Also found in: Acronyms 0.01 sec.
chartered financial consultant (ChFC)
A professional financial planner who has completed a series of courses and examinations in subject areas such as economics, insurance, real estate, and tax shelters. The designation is awarded by the American College in Bryn Mawr, PA. Compare certified financial planner.

Chartered Financial Consultant
A professional certificate offered through the American College in Pennsylvania. The certification qualifies one to consult on financial matters, especially for individuals and small businesses. In order to qualify for a ChFC, one must have worked a certain number of years in the financial industry and complete eight to nine courses in income tax, insurance, employee benefits, investment, and estate planning, among others. The certification itself is awarded after an exam. See also: Certified financial planner.


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During two historic, long and lackluster stock-market periods, the right kind of equity-indexed annuity would have outperformed the Dow Jones Industrial Average, including reinvested dividends, according to Pete Winer, a chartered financial consultant with Covenant Reliance Producers LLC, Nashville, Tenn.
Perhaps that's why half of the employees surveyed in a study sponsored by the Ethics Officer Association and the American Society of Chartered Life Underwriters & Chartered Financial Consultant admitted to acting unethically or illegally while on the job.
As a CPA and chartered financial consultant (ChFC), I have been working exclusively in financial planning and related services for several years.
 
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