Qualifications to be considered for candidacy in the MRFC Certification Program:
Assert and document completion of a minimum of four (4) years of professional experience as a full time practitioner in the field of financial services. Financial services can include investment planning/securities, financial planning, insurance planning, retirement planning, estate planning, tax preparation, bank and trust services, and CPA or Enrolled Agent.
Experience will be verified by checking state insurance licensing, SEC and/or FINRA® licensing history when applicable. Applicant 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 Manager. The IARFC will contact the Supervisor or HR Manager to verify the years of experience. Letters of recommendation verifying the experience may be submitted instead of contact information for Supervisor or HR Manager.
Assert and document achievement in ANY ONE of the areas below:
• One of the following professional designations: AAMS®, CFA, CFP®, ChFC®, CLU®, LUTCF®, CPA, EA, RFC® or completion of course requirements
• A Series 65 securities license or one of the following combinations: Series 6 and 63, Series 7 and 63, Series 6 and 66, Series 7 and 66
• Life Insurance License
• Bachelors or graduate degree in the areas of Accounting, Economics, Finance, Financial Planning/Services
Complete forty (40) units of professional Continuing Education every year. Two (2) units every year must be related to the ethical practices of a financial consultant.
Evidence of Licensing
Provide evidence of having satisfied licensing and registration requirements (registered representative, investment advisor representative, insurance agent, or CPA).
Licensing and registration will be verified by using federal and state regulatory agencies. If the IARFC is not able to verify the information, the applicant will be asked to submit evidence of licensure or registration.
Attest a sound record of business integrity. Attest to Code of professional conduct and business integrity.
Submit the required examination fee.
Successfully pass the MRFC examination with a score of 67% or better.
Qualifications Application Testimonials – Why I became an MRFC?