Capstone Course Requirement for 2019 Exams

The Capstone Course includes the completion of a comprehensive financial plan based on an FP Canada case study, which demonstrates that candidates can apply and integrate technical knowledge across Core Curriculum Program courses.

The Capstone Course is only a requirement for candidates writing the CFP examination in June 2019 or November 2019. If you are planning to write an FP Canada exam in June 2020 or later, please see New Education RequirementsEffective January 1, 2020.

Find a Capstone Course Provider

 

Important Changes to Education Requirements

FP Canada is making changes to its certification programs. Effective January 1, 2020, FPSC Level 1® certification will be replaced by QAFP™ certification and all current FPSC Level 1 certificants will automatically become QAFP professionals. Additionally, new education requirements for both QAFP certification and CFP® certification will be implemented following a transition period.
Learn More

 

Discontinued Capstone Courses

If you’ve completed a discontinued Capstone Courses, you may still be eligible to write the CFP examination.
Please Note: Effective January 1, 2020, the Capstone Course will no longer be accepted as a prerequisite for first-time writers of the CFP exam.

 

Eligibility
  1. You must have completed the program when it was still approved. Please refer to the dates in parentheses below.

  2. You must attempt the FPSC Level 1 examination within four years of the date you completed the program.
Discontinued Capstone Courses
  • Canadian Securities Institute (May 30, 2011 to November 29, 2019)
    • CSI Capstone Course for CFP® Certification

  • York University (November 22, 2009 to June 1, 2019)
    • Professional Financial Planning (AP/ADMS 4506)

  • Red River College (January 1, 2014 to January 1, 2019)
    • CIFP FPSC-Approved Capstone Course

  • Humber Institute of Technology and Advanced Learning (July 15, 2009 to April 30, 2018)
    • Capstone Course (FIN 5555)

 

Case Studies for the Capstone Course

A key part of the Capstone Course is the independent completion of a financial plan using an FP Canada case study based on real-life client experiences and financial statements. The cases feature clients at different life stages, with differing financial needs and opportunities.

Select a case study title below to view a description of the case. Your Capstone Course instructor may direct you to purchase a specific case study.

This case presents the financial situation of Natalie and Chris Williams. They are a young couple looking to start a family and purchase the family business.

Mark Bennett, their CFP professional, has been asked to prepare a plan that will help them achieve their short- and long-term goals. Chris and Natalie have a number of competing priorities, including paying down debt and saving for retirement, in addition to their current and projected annual lifestyle expenses. They are keen to engage in financial planning based on Chris’ confidence in Mr. Bennett and their appreciation for the financial advisory and planning process.

 

This case presents the financial situation of James Fernandez, who is contemplating divorce once his children leave home. His long-term objective is retirement. He is also concerned with paying off his debt; supporting his children while they are in school; and looking after his family in the event of disability, illness or death. He wants to understand the impact that divorce would have on achieving these goals.

Karen Clark, his CFP professional, will review his financial situation and prepare a financial plan that will address his goals and the potential impact of divorce.

 

This case presents the financial situation of Catherine Parker, a widowed retiree. Catherine’s lifestyle is supported by ample income and savings, but she has some concerns around how she has structured her investments and overall affairs in regard to her estate. Catherine has no children and would like to leave the bulk of her estate to charity. Another big priority for Catherine is the sale of her three rental properties.

Janice O’Brien, her CFP professional, will review Catherine’s financial situation and prepare a financial plan to help address her goals and the issues she has raised, along with other potential needs uncovered in discussion.

 

This case presents the financial situation of Sara and Sam Knight, a couple in their mid-40s who are heavily in debt. Together, they have a 5-year-old son named Aaron. Sam also has a 15-year-old son from a previous marriage named Philip. Philip has been diagnosed with a medical disorder. Not only do Sam and Sara wish to reduce their debt and plan for retirement, they also want to ensure that they plan for the future needs of their children and provide for the financial protection of their family in the event that Sam or Sara dies prematurely or becomes ill or disabled.

Jack Silver, their CFP professional, will review Sam and Sara’s financial situation and prepare a financial plan to address the couple’s debt load and spending, retirement goals, and desire to provide for their children and the protection of their family.

 

This case presents the financial situation of a sole-proprietor, Arvinder Grewal, and his wife, Hannah Ali, who is currently off work on parental leave. Together, the married couple have a six-month old daughter, Christine. Arvinder’s 15-year old son, Aalim, lives with his mother, Mina, in a home owned jointly by Mina and Arvinder. Hannah’s twin eight-year olds, Suzie and Timothy, live with her and Arvinder in a home that Hannah received full ownership of as part of her divorce settlement.

Arvinder and Hannah are unsure if they will be able to reach all of their goals, including planning for retirement and their children’s educations, providing the necessary financial protection for their family in the event that either of them should die prematurely or become disabled, and have Aalim take over Arvinder’s business, all on one income so that Hannah can remain at home with the children.

 

Accessing Your Case Study

Case studies are purchased individually and delivered as secured electronic files. Purchase a case study now by logging into your FP Canada Portal and clicking “Purchase Capstone Case” on your homepage under Quick Links.

    Price:                                   Each case costs $47.99 plus taxes.

    Exchange Policy:               Unfortunately, there are no returns on cases. You may exchange one case for another within five business days of purchase.

    Delivery:                              You will receive emailed instructions on how to redeem your case within two business days of purchase.

 

Using Your Case Study

You will have the ability to electronically highlight sections and make notes on the document. Each case also contains the following resources:

  • A model financial plan that you may consider in structuring your own plan, based on guidance from your Capstone Course instructor.

  • Cash Flow and Net Worth statements (if applicable), reflecting the client’s current situation that you may use as a starting point for your own projections.

 

Additional Resources

 

Questions?

If you have general questions about your case study purchase or encounter any difficulties, please contact FP Canada Stakeholder Support at info@fpcanada.ca, 416.593.8587 or 1.800.305.9886. Our office is open from Monday to Friday, 9:00 a.m. to 5:00 p.m. ET.
For technical difficulties, please call 1.855.200.4146. If you have questions about the use of case studies in you Capstone Course, please speak directly to your instructor.

 

Capstone Course Providers

If you are planning to write the CFP exam in June 2019 or November 2019 the following programs fulfil the capstone course requirement for CFP certification.
Please Note: Effective January 1, 2020, the Capstone Course will no longer be accepted as a prerequisite for first-time writers of the CFP exam.

Advocis - REGISTRATION CLOSED

10 Lower Spadina Ave, Suite 600

Toronto

M5V 2Z2

www.advocis.ca

Advocis CFP® Certification Program

Member Services

info@advocis.ca

Toll free: 1-877-773-6765

 

 

Canadian Institute of Financial Planning (CIFP)

390 Brant Street, Suite 501, Burlington, ON, L7R 4J4

www.cifp.ca

CIFP CFP® Certification Program

Justin Warren

lbago@cifps.ca

Toll free: 1-866-635-5526 Ext: 142

 

 

Laurentian University

Ramsey Lake Road, Sudbury, ON, P3E 2C6

www.laurentian.ca

Synthèse en planification financière

Yves Robichaud, French HBComm Coordinator

yrobichaud@laurentian.ca

705-675-1151

Please note: This course is offered only in French. Please contact Laurentian University for further details.

Northern Alberta Institute of Technology (NAIT)

11762-106 Street, Edmonton, AB, T5G 2R1

www.nait.ca

Financial Planning Capstone Course

Max Varela

maxv@nait.ca

780-471-7846

Ashton College

1190 Melville Street, Vancouver, BC, V6E 3W1

www.ashtoncollege.ca

Advocis FP Canada-Approved Capstone Course

Jane Chang

info@ashtoncollege.ca

604-899-0803 Ext: 111

Toll free: 1-866-759-6006

 

 

BCIT (B.C. Institute of Technology)

3700 Willigdon Avenue, Burnaby, BC, V5G 3H2

www.bcit.ca

Capstone Course for CFP® Certification

Chris Gresat

Chris_Gresat@bcit.ca

604-432-8898

 

 

Douglas College

700 Royal Avenue, New Westminster, BC, V3L 5B2

www.douglascollege.ca

Douglas College FP Canada-Approved Capstone Course

Morna Fraser

fraserm@douglascollege.ca

604-527-5772

Centennial College - Financial Services Program

P.O. Box 631, Station A, Toronto, M1K 5E9

www.centennialcollege.ca

CIFP FP Canada-Approved Capstone Course

Tom Barker

tbarker@centennialcollege.ca

416-289-5000 Ext: 2030

 

 

Conestoga College Institute of Applied Learning and Technology

299 Doon Valley Drive, Kitchener, ON, N2G 4M4

www.conestogac.on.ca

Financial Planning Capstone/Financial Services Capstone

Tanya Staples, CFP, Program Coordinator

tstaples@conestogac.on.ca

519-748-5220 Ext: 3169

 

 

George Brown College – Bachelor of Applied Business (Financial Services)

290 Adelaide Street East, Toronto, ON, M5T 2T9

www.georgebrown.ca

Advanced Personal Financial Planning Course

This course is only available for students who are enrolled in the Bachelor of Applied Business (Financial Services) program. If you are not currently enrolled, you may consider taking the Capstone Course offered through George Brown Continuing Education.

 

 

George Brown College – Continuing Education

200 King Street East, Toronto, ON, M5T 2T9

www.georgebrown.ca

Capstone – Advanced Personal Financial Planning Course

Kimberley Liu, Acting Co-ordinator, Business Skills & Management

kliu@georgebrown.ca

416-415-5000 Ext: 2164

 

 

Ryerson University

350 Victoria Street, Toronto, ON, M5B 2K3

www.ryerson.ca

Advanced Personal Financial Planning

Yi Feng, Chair, Finance Department

yi.feng@ryerson.ca

416-979-5000 Ext: 6755