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					Institute of Financial Consultants

INFORMATION BROCHURE

2008

About the Institute of Financial Consultants

The Institute of Financial Consultants (IFC) is an international professional organization chartered in the United States and Canada. The Institute has a world wide membership. IFC offers an educational program leading to the designation of Certified Financial Consultant (CFC) issued to qualified graduates. The Institute is multidisciplinary, drawing its members from the related but separate fields of accountancy, insurance, law, funds management, tax and pensions. The Institute is forging a “new”' profession that adopts the best features from these related professions and encourages the development of members' qualifications as financial consultants on the basis of their current professional qualifications.

Financial Consultants provide advice to clients in a wide variety of situations from the financial planner advising individual clients on investments, to those working as corporate financial officers, portfolio managers, security analysts and investment bankers in organizations as diverse as brokerage firms, mutual funds, banks, trust companies, corporate finance departments, insurance companies and other financial management firms. Vision The vision of IFC is to be the global leader in educating and certifying financial consultants. Mission The mission of IFC is to provide education and certification for financial consultants so that members qualified to use the designation Certified Financial Consultant are recognized internationally as trusted financial advisors.

Objectives

The objectives of IFC are to:

offer thorough and accessible educational programs for professionals anywhere in the world to qualify as competent financial consultants issue the designation of Certified Financial Consultant (CFC) to qualified graduates of the educational program ensure each member adheres to the Institute's code of ethics grow public respect for, and confidence in, the profession of financial consulting gather and circulate current information relevant to financial consulting to Institute members

encourage and provide opportunity for Institute members from all countries to share their knowledge and experience in financial consulting promote and enhance professional and career opportunities for Institute members throughout the world by maintaining the high standards of the Certified Financial Consultant designation.

Members

Individuals who successfully complete the Institute's educational program and acquire three years of experience in financial management are granted the right to use the internationally respected designation CFC (Certified Financial Consultant). The Institute issues a Certificate of Certified Financial Consultant to members who complete all the requirements. IFC is committed to the highest professional competence and ethical standards for the financial consulting profession. Members of the Institute must at all times comply with the content and spirit of the Institute's Code of Ethics. The Certificate of Certified Financial Consultant remain the property of the Institute and shall be returned upon demand. A member may withdraw from the

Institute at any time by writing to the Institute's Board of Directors and returning the Certificate of Certified Financial Consultant.

Membership Benefits
There are many benefits to membership in the Institute of Financial Consultants: access to the educational program leading to the CFC designation the privilege of using the internationally respected CFC designation ongoing information on issues and trends in the field of financial consulting networking and informationsharing with members from around the world through the Institute's Web site support from the Institute for the highest professional and ethical standards for the profession of financial consulting subscription to the informative magazine“The Folio”

Code of Ethics

Members have a professional obligation to clients, prospects, employers, employees, the general public and other members to act competently and ethically at all times. Members are expected to comply with the content and the spirit of the Code of Ethics in order to fulfill this professional obligation. This obligation extends to employees and others who are supervised by the member. The Institute's Board of Directors reserves the right to discipline members who do not comply with the Code, and may terminate membership and the privilege of using the CFC designation for breaches of the Code.

take on only those assignments for which they have the necessary knowledge and skills to perform competently inform the client (or employer), where they discover they do not have the necessary knowledge and/or skills to perform competently on an assignment, and assist the client (or employer) to find the services of a professional who has the necessary knowledge and skills base all recommendations and advice to clients on the thorough and diligent research and analysis expected of professional financialconsultant serving the best interests of the client ensure they understand the circumstances and needs of

Competence
Members shall: keep themselves informed of all relevant laws, regulations and professional codes keep themselves informed of all relevant professional knowledge relating to their financial consulting practice

Integrity

Members shall: not knowingly participate in, assist or ignore violations by a client or relevant laws, regulations and professional codes not misrepresent their credentials, their qualifications to perform services or any other information provided to clients, prospects or employers not act (including failure to act) in any manner that discredits the professional image of a financial consultant as a "trusted advisor" refuse any gift, favor or other benefit that could influence, or be seen to influence, the member to act against the client's best interests or against this Code of Ethics comply with relevant laws, regulations and professional codes determine their fiduciary duty of care to each client and comply fully with that duty make reasonable effort to avoid all conflicts of interest, immediately declare any conflict of interest to clients, seek legal advice or the advice of the Institute if necessary, and take the required action to resolve the conflict inform clients (or employers) of their professional obligation to comply with this Code of Ethics and any other such code charge clients fair and reasonable fees that are agreed upon in writing before work begins, and inform the client at once if any additional financial benefit is realized by the member in the course of the assignment encourage other financial consultants to comply with this Code.

Objectivity

Certified Financial Consultant Program

Members shall: avoid any circumstance that may keep them from acting objectively and independently in the best interests of the client disclose to clients all information that will enable clients to deter mine when recommendations and advice are based on fact and when on opinion, and generally to enable clients to understand the u n d e r lying rationales.

IFC offers a program of studies that members may undertake on a distance learning basis to fulfill the curriculum requirements for the Certified Financial Consultant designation. The CFC curriculum is an applied, self-study program to provide candidates with the knowledge and skills required for financial management and consulting and with the ability to apply that knowledge in real-life financial management situations. The CFC examinations are rigorous tests of the candidate's understanding of the course content and of the candidate's ability to apply that knowledge. Members who complete the CFC curriculum, pass the examinations and after acquiring three years of financial management experience are eligible to receive and use the Institute's internationally respected designation as a Certified Financial Consultant (CFC). The Institute issues this designation by means of the Certificate of Certified Financial Consultant.

Confidentiality
Members shall: not disclose confidential information of clients unless legally required to do so by relevant laws and regulation and/or due to illegal activity not use confidential information of clients for personal gain or for the benefit of anyone other than the client.

Contact Us
Please feel free to contact our administration department regarding any query you may have about IFC.

The Administrator The Institute of Financial Consultants Suite 420-1090 West Pender Street Vancouver, British Columbia V6E 2N7 CANADA fax: 604 687 1221 email: info@ifconsultants.org

The Institute of Financial Consultants
Suite 420-1090 West Pender Street Vancouver, British Columbia V6E 2N7 CANADA email: info@ifconsultants.org Fax #: 604 687 1221


				
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