Menu Menu

Certified Financial Planner

PROGRAM
OVERVIEW
COURSE
DESCRIPTIONS
PROGRAM
SCHEDULE
PROGRAM
FACULTY

Increasing public sensitivity to changes in the economic climate, concern about preparing for retirement, confusion about the type of financial products and services now available indicate that Americans, now more than ever, are aware of the necessity of professional financial guidance.

This environment has created new opportunities for financial service professionals who can render an integrated analysis of their clients' needs and compile a comprehensive personal financial plan. The depth and breadth of knowledge and expertise required to deliver full-service financial guidance is provided by OU's Certificate Program in Personal Financial Planning. This quality program presents the techniques and knowledge necessary to formulate and execute comprehensive financial plans that will assist clients in accumulating, conserving, and transferring personal wealth.

Oakland University's Certificate Program in Personal Financial Planning is registered with the CFP Board of Standards in Washington, D.C. and meets the standards set by the CFP Board.  OU's program was one of the first in the country to be registered by the CFP Board.  Participants who complete the OU program are eligible to sit for the CFP Board Examination.

Executive Program

The new twelve month executive program is designed for professionals who have experience in the financial service industry. It is a streamlined one-year program aimed at providing each required topic over a four week period, followed by personalized instructor-facilitated remediation to ensure concept mastery.  The program additionally includes an exam review strategically held just before the CFP Exam.

The goal of the program is to assist participants through successful completion of the materials using techniques applicable to adult learning styles and a schedule that will integrate into busy work and personal lives.

Program Requirements 

  •  A Bachelor's degree*
  •  Three years of professional experience in the financial planning process**
Qualifying experience may be acquired through a variety of activities and professional settings including personal delivery, supervision, direct support or teaching. - See more at: http://www.cfp.net/become-a-cfp-professional/cfp-certification-requirements#sthash.L459wjZP.dpuf

  *CFP Board Requirement for Exam Application
**CFP Board Requirement to practice as a CFP® Professional.

Cohort

Program participants will deliberately begin and end the year-long program together to support each other through program completion.

Course of Study

The program requires the completion of six, 8-week courses, all of which are required to sit for the CFP Examination plus completion of the CFP Exam Review. Course topics are covered in 6-week periods with the last two weeks used for webinar presentations and personalized review as needed with faculty.  To be the most successful, courses must be taken in the following program sequence: Income Tax, Risk Management, Investments, Retirement, Estate Planning, and Financial Plan Development Course. Individual courses are offered once per year.

Program Format

Each course is 8-weeks in length and is provided through a blend of instructor-led and online formats.  Six of the eight  weeks is devoted to topic specific coursework.  The last two weeks of each course is devoted to one-on-one  instructor-facilitated individualized concept remediation provided through scheduled faculty office hours.  In addition during these two weeks, a minimum of two required topic-specific or CFP practice management webinars will be presented for value-added learning.

Cost:

Tuition:
  $675 per course - Total program cost $4,050 (Program consists of six courses)

Discounts available:
  

  • Register for 2 – 3 courses during a single registration and receive a 5% discount on each course.
  • Register for 4 – 5 courses during a single registration and receive a 10% discount on each course.
  • Register for 6 courses during a single registration and receive a 15% discount on each course.

NOTE:  TUITION IS NON-REFUNDABLE ON DISCOUNTED COURSES. Discounts do not apply to PFP 10000 Financial Planning Exam Review. 

REGISTRATION NOTE:  Search for PFP on the Registration Search bar to add all 6 courses!!

Exam Review

The Personal and Financial Planning Program partners with Keir Educational Resources to offer a four-day instructor-led exam review. All individuals who meet the initial educational requirements of the 
CFP® Board and are ready to prepare for the certification examination can register for this comprehensive exam review.

The CFP® Board has discovered that students who take a review course have the highest potential for exam success. When scheduling your review class, allow sufficient time between finishing your last class and taking the exam review. This will allow for enough time to study at home before taking the CFP® exam.  Students following the study recommendations outlined by Keir can observe an increase of 15-20 points above the national pass rate.

Keir Educational Resources recommends studying the required course materials for 120 hours prior to the start of the review course, and a total of 200 hours before taking the exam. The Certification Basic package is required and should be ordered directly from Keir 3 months before the review. 

 



Edit tab Direct link

Investments and Financial Planning PFP37100

A newly re-designed introduction to the Principles of Personal Financial Planning and Investments.  Participants receive an extensive introduction to the financial planning process, time value of money, ethical considerations, economic environment and essential investment planning concepts.  The course includes study of securities markets, investment asset classes, portfolio construction, and investment techniques, tools and strategies.  An HP10BII calculator is required for the program.

Risk Management and Financial Planning PFP 37050

Survey of risk management, primarily in the areas of life, health, casualty, and liability insurance. Includes analysis of risk exposure, evaluation techniques for various insurance plans, and contract selection criteria from a cost-benefit standpoint. Income and estate taxation laws as related to insurance premiums and benefits; alternative methods of funding insurance premiums; and the role of insurance in retirement and estate planning will also be discussed.

Income Tax and Financial Planning PFP 37150

Designed to enable the professional providing personal financial planning services to recognize many of the income tax planning opportunities and dilemmas that may arise. The course covers the fundamentals of individual income taxation and tax law overview, terminology and computations. Discussion and analysis will focus on practical problems involving tax planning implications of home ownership; property transactions; tax advantaged investments; divorce and remarriage; forms of business ownership; accounting methods and periods; life insurance, annuities, and securities; intra-family and charitable transfers; and forms and methods of employment compensation.

Retirement and Financial Planning  PFP 37200

Provides working knowledge of retirement planning tools, terminology, and techniques, including the rules, regulations, and taxation of qualified and non-qualified plans: Pension, profit sharing, 401(k), SEP, IRA, and deferred compensation. Includes study of the basic characteristics of specific employee benefits such as group life insurance and group health coverage. The financial planning process will be emphasized in class discussion with illustrations from practical experience and actual case histories.

Estate Planning and Financial Planning  PFP37250

Also, newly re-designed, this course combines the estate planning essentials with practical application using the case study method.  The course covers the estate planning process, property ownership and implications, lifetime and death-related transfers, legal documents, federal gift and estate tax law, business transfers, estate valuation, and income tax ramifications in estate planning

The case studies integrate all aspects of the financial planning process with an emphasis on the estate planning.  Students are expected to participate actively in the case presentations.

Financial Plan Development and Financial Planning  PFP 37300

The Financial Plan Development Course features solid, practical application of all the material covered in the prior classes.  Students are required to prepare a comprehensive written financial plan and to present it orally, according to rules established by Certified Financial Planner Board of Standards, Inc.  The course provides both relevant practical experience in comprehensive planning and superlative preparation for the case studies in the national certification examination.

Financial Planning Exam Review PFP 10000

Exam Review Workshop prepares students who have completed the Educational Requirements by reviewing materials on the certified Financial Planning Examination.  This course is not required by the Certified Financial Planning Board of Standards to apply for the national exam.  However it is a required component of the OU Executive Financial Planning Program.



Edit tab Direct link

Program Calendar

One cohort group will begin each year in February and finish one year later.  A new course will begin every other month throughout the year.


PLEASE NOTE VENUE CHANGE
:  COURSES WILL BEGIN MEETING IN 200A ELLIOTT HALL ON THE OU MAIN CAMPUS STARTING WITH THE RETIREMENT COURSE.
Directions:
*LOCATE Buildings 2 (Varner Hall) and  3 (Elliot Hall).  Closest parking lots are P36, P24, P26, and P29.
--------
*When entering Building 2 (Varner Hall)  from the south, walk up the stairs and continue down the Building 2/3 connecting (Elliot and Varner) hallway.  200A will be on the right side.
--------
*When entering Building 3 (Elliot Hall) from the north, walk through entrance.  200A is located on the left side of the connecting hallway.
--------
*When entering Building 3 (Elliot Hall) from the south, walk through entrance, continue down hall.  Upon reaching the opposite entrance way (north), take a right and follow hallway until it meets at the connecting hallway.  200A is located on the left.

Schedule (Specific times and dates may vary slightly)

2014 Cohort


Month

2014/2015

Course Title 

Dates
(Online Or Instructor-Led)

Times

November   November 22 through 30 Faculty Office Hours or Webinars as scheduled
December Financial Plan Development Course Dec. 3, 9, 13, 17, 20, Jan.  17, 21, 24 2015 Instructor-led Wednesday evenings from 6:00-9:00 pm (24 hours)
Online Assignments as scheduled (21 hours)
Total 45 Contact Hours

January


Jan. 24 through 31

Faculty Office Hours or Webinars as scheduled

February

Exam Review Preparation

February 12-15, 2015

8 am – 5 pm each day

March

Exam

 

 

2015 Cohort

Month

2015/2016

Course Title

Dates (online or Instructor-Led)

 

Times

February

Course Begins

Feb. 4

Income Tax

February 4, 11, 18, 25, March 4, 11, 18

Instructor-led Wednesday evenings from 6:00-9:00 pm and each Saturday from 8:00-1:00 pm (24 hours)
Online Assignments as scheduled (21 hours)
Total 45 Contact Hours

March


March 19 through 31

Faculty Office Hours or Webinars as scheduled

April

Course Begins

April 1

Risk Management

April 1, 8, 15, 22, 29, May 6, 13

Instructor-led Wednesday evenings from 6:00-9:00 pm and each Saturday from 8:00-1:00 pm (24 hours)
Online Assignments as scheduled (21 hours)
Total 45 Contact Hours

May


May 14 through 31

Faculty Office Hours or Webinars as scheduled

June

Course Begins

June 3

Investments

June 3, 10, 17, 24, July 1, 8, 15

No class week of June 30

Instructor-led Wednesday evenings from 6:00-9:00 pm and each Saturday from 8:00-1:00 pm (24 hours)
Online Assignments as scheduled (21 hours)
Total 45 Contact Hours

July


July 16 through 31

Faculty Office Hours or Webinars as scheduled

August

Course Begins

August 5

Retirement

Aug. 5, 12, 19, 26, Sept. 2, 9, 16

Instructor-led Wednesday evenings from 6:00-9:30 pm (24 hours)
Online Assignments as scheduled (21 hours)
Total 45 Contact Hours

September


Sept. 17 through 30

Faculty Office Hours or Webinars as scheduled

October

Course Begins

October 7

Estate Planning

Oct. 7, 14, 21, 28, Nov. 4, 11, 18


Instructor-led Wednesday evenings from 6:00-9:30 pm (24 hours)
Online Assignments as scheduled (21 hours)
Total 45 Contact Hours

November


Nov. 19 through 30

Faculty Office Hours or Webinars as scheduled

December

Course Begins

December 2

Financial Plan Development Course

Dec. 2, 9, 16, Jan.  6, 13, 20, 27 2016

Instructor-led Wednesday evenings from 6:00-9:00 pm (24 hours)
Online Assignments as scheduled (21 hours)
Total 45 Contact Hours

 January    January 28 through 31 Faculty Office Hours or Webinars as scheduled
 February  Exam Review Preparation February 18-21, 2016  8am - 5pm each day
200A Elliott Hall
 March      

Textbook List

PFP 37100 Investments:   Woerheide, Fundamentals of Investments for Financial Planning - (2011) 6th Edition ISBN 9781582930398

PFP 37050 Risk Management: Fundamentals of Insurance Planning (5th Edition) Hubner School Series American College  ISBN 9781582931302  CALL 610-526-1350 to Order

PFP 37150 Income Tax:
  Hoffman, Maloney, Raabe & Young,  Comprehensive Volume by Southwestern Federal Taxation (2014) ISBN 9781285178509

PFP 37200 Retirement: Retirement Planning - Keir Educational Resources (www.keirsuccess.com) or call 1-800-795-5347 and ask for Mary Grace.

PFP 37250 Estate Planning:  Fontaine; Fundamentals of Estate Planning, 13th Edition

PFP 37300 Financial Plan Development Course: Keir Educational Resources (www.keirsuccess.com)or call 1-800-795-5347 and ask for Mary Grace.

PFP 10000 Exam Review Preparation:  The March 2015 CFP® Certification Examination is fast approaching!  The Keir review material will be ready to ship soon.  To view available study material please visit us at http://www.keirsuccess.com/CFP-Certification/Preparing-for-the-CFP-Certification-Exam .  Oakland University has requested to add a student study binder to your order.  The binder will add $75 to the study package you choose.  To order your material specific to the Oakland University review, please contact Mary Grace Caudill at 800-795-5347 ext 101 or Lisa Pender at ext 107 to order your CFP Review package.  Student study binders are not available online.  Please mention if you are a FPA member for the applicable member discount (membership number must be provided).


Edit tab Direct link
Program Faculty 
Eric Carver 









Eric Thomas Carver is a member of Dykema, a leading national law firm, serving business entities worldwide on a wide range of complex business issues. Prior to Dykema, Eric was a tax consultant for Ernst & Young's Entrepreneaur group, and served in multiple administrative and legislative capacities for United States Senator Carl Levin.

Eric Carver's practice focuses on Business Entity Planning; Taxation; Estate Planning; Family Wealth Transfers; Business Entity Formations; Corporate Planning and Taxation; Limited Liability, Company Planning and Taxation; Tax Controversies; Mergers, Acquisitions and Divestitures; Real Estate Acquisitions, Charitable Giving and Charitable Trusts; Contested Estate, Trust and Probate Matters; Probate Litigation; and Decedent Estates and Probate Administration.

In addition to his work in these numerous fields, Eric also works directly with individuals, businesses and families to provide legal advice in formation of business ventures, wills, and trusts.

Eric received his Masters of Law degree from Wayne State University and attended the University of Detroit for his J.D., where he has also obtained his M.B.A.

Eric has been the recipient of numerous awards and recognitions. He was recently recognized in The Best Lawyers in America 2010-2013. Copyright 2012 by Woodward/White, Inc., Aiken, SC. Eric was also named a Top Lawyer by dbusiness Magazine  in 2010 and 2013.

Click here for more information about Eric Carver.

Alexander Dinser

Alexander Dinser is a CERTIFIED FINANCIAL PLANNER™, professional, with Horizon Wealth Management. Alex grew up in the city of South Lyon, Michigan and is a proud alumnus of Orchard Lake St. Mary’s Preparatory High School. Upon graduation, he attended Western Michigan University where he obtained a Bachelor of Science Degree in Finance. He also enlisted in the Air Force National Guard and was deployed to Balad, Iraq where he served his country with honors. Following his tour of duty, he was recruited by MetLife Securities and Insurance Company and completed the Certified Financial Planning® Program at Oakland University. Soon after, he enrolled with the American College and received the designation of Chartered Financial Consultant (ChFC).

While with MetLife, Alex was a Leader’s Conference qualifier two years in a row. He later went on to form his own practice as a financial planner with his current broker/dealer, ING Financial Partners. Alex continues to grow his practice and will be sharing his knowledge with others starting in 2014 as instructor in Oakland University’s Personal Financial Planning program of study.

Alex currently resides in Royal Oak, Michigan and enjoys spending time with his family, friends and wife Jessica. Alex serves on the Finance Council for St. Mary’s Catholic Church and likes to travel. He’s also an avid hunter and fisherman, and plays recreational softball and golf.

Larry Jones
















 
Larry has twenty-seven years of experience in advising individuals in all areas of wealth management, with an emphasis on business owners and corporate executives.

In addition to his CPA designation, he also holds the American Institute of Certified Public Accountant’s Personal Financial Planning Specialist designation and also is a Certified Financial Planner. Larry is also on staff at Oakland University where he teaches income taxation in the financial planning program, has been published in several technical journals, and is a member of the AICPA’s National CPA Financial Planning Insights Panel.

Larry is an active member of the American Institute of CPA’s, the Michigan Association of CPA’s, the Financial Planning Association, and the Michigan Financial Planning Association.  He is the past president of the Burton Rotary Club and past president of the Flint Power Squadron.
Jeff Hoenle

Jeffrey Hoenle is the President and Co-Founder of Platinum Wealth Management Group, Inc. in Sterling Heights, Michigan with an additional office in Pentwater, Michigan.  Jeff is a Certified Financial Planner™ professional practicing in the financial and insurance arena for over eighteen years.  He is licensed to offer Life, Health and Disability insurance in several states as well as serving as Registered Representative and Investment Advisor Representative with SII Investments, Inc.  He currently holds Series 6, 63, 65 and 7 licenses. 

Jeff is a graduate of Wayne State University with a degree in Business Administration and a focus on Management.  He also is certificate recipient of Oakland University’s Personal Financial Planning program, which he obtained in 2009.  In 2002, he completed his Chartered Retirement Planning CounselorSM designation obtained at the College for Financial Planning.

Jeff’s financial practice recognizes that a client’s financial plan doesn’t stand alone, but is actually interwoven with the estate plan, tax plan and insurance plan.  In order to help families intertwine these plans into a cohesive and comprehensive macro-plan, Jeff works with several complementing professionals including attorneys and Certified Public Accountants.  Jeff’s clients’ benefit from professionals working together so that finite resources are allocated for optimal results.

Jeff serves as a Director with The Financial and Estate Planning Council of Metropolitan Detroit and Chairs their Young Estate Planner Committee.  Jeff also serves as an instructor in Oakland University’s Personal Financial Planning Certificate Program. 

Jeff is active in the community and serves as the President for both the Vineyards Community Association, and the Vineyards Subdivision Association.  He is the Vice-President of the North Central Beach Association and a director of the NCBA Conservation Organization.

Jeff is married to Kathy and has a three year old son, David, which keeps him busy in his spare time. 

www.myplatinumwealth.com 


James Knaus
















Mr. Knaus is a practicing financial planner in Troy, Michigan with over four decades of experience in all aspects of financial and estate planning. He is a co-owner of Global Wealth Advisors, LLC, a registered investment adviser. At Oakland University, Mr. Knaus currently teaches the Financial Plan Development course, for which he has authored the textbook in cooperation with Keir Educational Resources. He has also taught an introductory course, the insurance and the retirement courses, and the exam review.

Jim is a former member of the CFP Board of Governors, a former chair of the CFP Board of Examiners, former member of the CFP Board Disciplinary and Ethics Commission, and a current member of the CFP Board Appeals Panel. His undergraduate degree was conferred by the University of Notre Dame and his Masters of Science in Management was awarded through Walsh College.

www.gwallc.com

Brad Kreiner

Brad Kreiner is a Certified Financial Planner (CFP®) and an Accredited Estate Planner (AEP®) with 34 years of experience providing Financial Planning counsel to Individuals, Business Owners and Professionals.  Brad is the Managing Partner and founder (07/1999) of Kreiner Financial Network (KFN).

In the past, Brad has been a Board and Committee Member for the Bay Area Chamber of Commerce, President of the Bay City Jaycees, Birmingham YMCA, and Bay City Evangelical Free Church. He is also currently on the Allocations Committee for United Way, a Board Member for Volunteer Action Center, current Foundation Board President for the Detroit YMCA, and executive Board Member for Spring Hill Camps.

Brad's involvement with industry has also been quite extensive. He belongs to the Institute of Certified Financial Planners, is a Board Member for the General Agents and Managers Association, and member of the Financial Planning Association. Brad is the former President of The Financial Estate Planning Council of Metro Detroit and former Chapter President of the National Association of Insurance and Financial Advisors (NAIFA).

Denis Prost
Dennis Prost is a Certified Financial Planner with over 20 years experience. He is currently working for Strategic Funding, Inc, a firm offering a full range of financial products and services. Dennis specializes in tax-free investments including: Estate Planning, College Planning, Retirement Planning, Conservative and Alternative Investments and Risk Management. Typical investments include CD's, ETFs, Mutual Funds, and dividend paying stocks.

Dennis received his Masters of Science degree in Administration from Central Michigan University. He received his certification as a CFP from the College of Financial Planning in Denver, Colorado. Dennis also has a Bachelor's Degree in both Business Administration and Health Services Management from Ferris State University.

Richard Rysiewski





















Richard Rysiewski is a Certified Financial Planner® professional with over 30 years experience in helping families achieve their financial goals. He is an independent financial planner specializing in taxation, investments, estate
planning and retirement planning. He has a Master’s degree in mathematics from Case Western Reserve University and a Master’s degree in finance from Wayne State University.

Richard is an adjunct professor at Oakland University where he teaches investment and survey classes. He serves on the board of directors for the Financial and Estate Planning Council of Macomb County and is a former member of the Wayne State University Planned Giving Committee. He has been selected as a content specialist for the CFP Board in Washington D.C. and has authored several questions for the National CFP® exam. For over 12 years he has written a Q and A column for the Senior Living News. He has been quoted in Money Magazine, Barron’s, Wall Street Journal and
Newsweek. He has made guest appearances on channel 4 and cable television. Richard has given numerous financial classes and seminars throughout the metropolitan area and is passionate about educating the public on financial
matters.

Tony Vanek




























Anton (Tony) Vanek is a native of Chicago.  He graduated from Proviso East High School in Maywood, IL.  He has a Bachelor of Business Administration (concentration in Finance) from the University of Iowa and a Master of Business Administration (concentration in Finance) from the University of Wisconsin – Madison.  He is a member of the Alpha chapter of Beta Gamma Sigma at the University of Wisconsin.  Tony worked as Assistant Vice President in Commercial Lending at National Bank of Detroit (now Chase Bank) from 1975-1980.  Since 1980 he has worked as a registered representative with AXA Advisors, LLC (formerly The Equitable Life Assurance Society of the U.S.).

Tony received his Chartered Life Underwriters (CLU) and Chartered Financial Consultant (ChFC) professional designations through the American College in 1984 and CERTIFIED FINANCIAL PLANNER™(CFP®) designation in 1987.  He has been an instructor in Oakland University’s Personal Financial Planning Program since 1988.  Through his class, Tony teaches prospective financial planners the material necessary to help them pass the national “CERTIFIED FINANCIAL PLANNER™” examination.

Tony’s hobbies have included coaching youth sports (Birmingham Little League and Holy Name CYO basketball) and Church volunteer work (various committees at Holy Name Church, Birmingham, MI).  He lives in Bloomfield Hills with his wife Anna.

  Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.

 



Edit tab Direct link
Contact Us:
  
Lori Crose
Program Director, Financial Planning
Strategic Programs
(248) 370-4861
OUpace@oakland.edu