Applying for Chartered Financial Planners status
In summary, firms need to satisfy three principal requirements to become Chartered. They must:
- meet the definition of an organisation carrying on business as a financial planner;
- satisfy the eligibility criteria required of a Chartered firm both at application and on an ongoing basis. This is achieved through a combination of compulsory and discretionary criteria;
- pay an admission and annual reneweal fee.
The eligibility criteria contains both obligatory criteria that must be met in full together with a range of discretionary criteria.
Each element of the discretionary criteria has an associated value in the form of points with a minimum of 50 points overall required. These criteria cover a range of practices and behaviours recognised as evidence of a commitment to professionalism.
Full details on all the criteria can be found in guidance notes within the section on applying for Chartered Financial Planners status.
Links
1) Read the application guidance notes (PDF)
2)
Apply for corporate Chartered status
