chartered financial consultant

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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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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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Note that HFCS can hybridize the constant factor and the random sequence or the chaotic sequence, resulting in two algorithms: HFCS with the combination of the constant factor and the random sequence similarly done in [22], termed as rHFCS, and HFCS with the combination of the constant factor and the chaotic sequence same generated in [23], called cHFCS.
Nussbaum attempted to detail the Central Human Functional Capabilities (CHFCs) with the intention of providing a basis for "constitutional principles that should be respected and implemented by the governments of all nations, as a bare minimum of what respect for human dignity requires" (Nussbaum, 2000, p.
Yet the inaugural class of CFPs (1973), and the first class of ChFCs (1982) were there to help employers and employees with complexity that far outpaces the four components in the Journal of Health Economics study.
For example, the Society of Financial Service Professionals has members that are estate planning attorneys, CPAs, tax attorneys, trust officers, CLUs, ChFCs, CFPs, investment people, etc.
--Did not discuss the ethical pledges of ChFCs, CLUs and CFPs or the roles of employers and pension providers.
The firm has an advanced sales group with lawyers, CLUs, ChFCs and CFPs.
Larry Skurnik, a Measurement Research Specialist, covered a large number of CFPs and ChFCs as well as others in the field.
"Wonderfully creative and complex arrangements are possible for [these] people....Trust departments, attorneys, CPas, CFPs, ChFCs and other professional advisers joyfully extend their services to clients with wealth." And historically, counseling wealthy clients on lawful methods of managing their estates so as to minimize or avoid federal estate taxes has been a prime reason for these services.
If these actions are the unauthorized practice of law, is the client denied the benefit of receiving advice from accountants, actuaries, CFPs, CLUs, ChFCs, or trust officers who are experts in their fields?
There is no final comprehensive exam for ChFCs; only the 10 individual course exams must be passed.
(How many CFPs, ChFCs, CFAs or finance degree graduates do these organizations employ?
This should contain lists of not only attorneys but also CPAs, CFPs, CLUs and ChFCs, trust officers, and other key members of the estate planning team.