Knowledge Bureau Partners with FPSC to Provide Approved CE Program

CFP professionals registered with FPSC can now earn 30 CE hours towards their certification with our Tax Strategies for Financial Advisors course.

As an FPSC-approved program, Tax Strategies for Financial Advisors provides substantive content that is relevant to financial planning and fulfills FPSC’s 30 CE hours required annually to maintain certification.

Tax Strategies for Financial Advisors covers a strategic and tax-efficient investment income planning process which will result in capital accumulations being placed in the right hands within the family. The objective is to earn investment income tax efficiently, split it with family members, and avoid tax erosion of the capital at transition times.  

Tax, financial planning, and wealth management competencies are required to fund income and capital accumulation goals derived from investments. As an advisor, you must use a strategy and a process geared to preserving, growing, and transitioning wealth tax efficiently to the next generation, throughout the lifecycles of individuals within a family.

Tax is a trigger for affluent families. They seek credible, trusted, and expert solutions to their investment strategies and expect to work with professionals who can increase returns with tax efficiency. You will become an advisor of choice by demonstrating the following skillsets:

• Be conversant with recent tax changes relating to a variety of investment opportunities, understanding strategies and ordering rules using tax free, tax deferred and taxable income.
• Proficiently use a series of assessment tools around which to structure the client's pre- and post-tax investment income needs and monitor ongoing results.
• Know how to “manage the tax return” by being familiar with tax free zones, clawback zones and marginal tax rates.
• Provide specific investment income planning approaches for a variety of taxpayer profiles including young families, students, business owners and retirees.

Upon completion of this course, you will have the tools and knowledge to build an overall vision for retirement, how to collect information on key milestones, assess current and ongoing income, plan for a variety of sources of income, plan for spouses retiring at different times and in different ways, structure a tax-efficient layered income plan, and use available resources to help build additional wealth over time.

Tax Strategies for Financial Advisors is one of six courses in Knowledge Bureau’s MFA–Investment and Retirement Income Specialist™ designation program.