Qualify for the MRFC®
An MRFC candidate demonstrates a given standard of expertise by passing an assessment that is based on a core set of knowledge, skills and abilities that represent competency in the field – the Blueprint Exam Content. Qualifications to be considered for candidacy in the MRFC program:
Assert and document completion of a minimum of four (4) years of professional experience as a fulltime practitioner in the field of financial services. Financial services can include investment planning/securities, insurance planning, retirement planning, tax preparation, and estate planning.
Experience will be verified by checking state licensing and/or FINRA licensing history when applicable. Candidates’ whose experience is not able to be verified in this manner will be asked to provide a detailed resume or CV, in addition to contact information for their Supervisor or HR personnel. The IARFC will contact the Supervisor or HR personnel to verify the years of experience. Letters of recommendation verifying the experience may be submitted instead of contact information for Supervisor or HR personnel.
Assert and document achievement in ANY ONE of the areas below:
(Education requirement can also be met by completing the entire course requirements for one of the designations listed above.)
MRFC CE Requirements
Each MRFC credential holder must complete 40 units of professional Continuing Education every year. Four (4) hours every two (2) years must be related to ethics and the ethical practices of a professional financial consultant.
Provide evidence of having met local licensing requirements (securities, life and health insurance); or an applicant who is a fee-only consultant and is not licensed must submit information on the applicant’s RIA or ARIA affiliation or business conduct procedures.
Assert and document a sound record of business integrity with no suspension or revocation of any professional licenses.
Submit the required examination fee.
Successfully pass the MRFC examination with a score of 67% or better.