Accountant, Financial Planner, Estate Planner
Our multi-disciplinary practice includes a TEP, CPA, CA, CFP® professional, and CLU - all in one!
Advisor: Trust and Estate Practitioner (TEP)
Awarded by the Society of Trust and Estate Practioners, a non-for-profit organization. This internationally recognized professional designation displays the practitioner's knowledge of relevant tax, accounting, administration, statute and case law. It demonstrates to clients and employers an advanced understanding of the trust and estates field.
Accountant: Chartered Professional Accountant (CPA) and Chartered Accountant (CA)
Awarded by the Chartered Professional Accountants of British Columbia, a non-for-profit organization. The Chartered Accountant (CA) designation was previously awarded by the Institute of Chartered Accountants of BC. This professional designation focuses on accounting and taxation, providing knowledge on financial reporting, accounting, taxation, audit and assurance, finance, management consulting, and strategy and governance.
Financial Planner: CERTIFIED FINANCIAL PLANNER® Professional (CFP®)
Awarded by FP Canada Standards Council (previously Financial Planning Standards Council), a non-for-profit organization. This professional designation focuses on personal financial planning, providing knowledge on taxation, insurance, law, banking, estate and retirement planning.
Estate Planner: Chartered Life Underwriter (CLU)
Awarded by the The Institute for Advanced Financial Education, a non-for-profit organization. Since 1925, this professional designation focuses on wealth transfer and estate planning, providing knowledge on insurance, retirement and estate planning, taxation, succession planning, and risk management.
Credentials: marketing ploy versus knowledge
There is an never ending list of credentials in the financial industry. Some are created for marketing purposes while others require years of training and expertise behind them. Ask individuals with financial designations:
what the credentials mean and how the credentials help in their everyday work
what area they have specialized knowledge in
how long it took to achieve the credentials
whether they are subject to disciplinary action by an oversight body
- how many hours of professional development is required each year
what is the code of ethics or conduct to maintain
You can find out more information about these financial designations and others at the Investment Industry Regulatory Organization of Canada (IIROC). This includes information on educational requirements, examination, ongoing training, and disciplinary process.