1. Professional Experience
Minimum Experience:
Within the most recent five years the applicant must have one (1) year of verifiable full-time experience in financial services in one or more of the following areas: financial planning, mortgages, banking, insurance, investments, real estate, or accounting.
An undergraduate or graduate degree obtained within the last five years can substitute for the one year of required full-time business experience.
2. Financial Services Certification
Certification: Applicant must hold at least one current certification from the list below:
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Mortgage broker's license or one year documented experience as a mortgage originator/loan officer or mortgage underwriter
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NASD, insurance or real estate license with one year of full-time business experience
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Certified Financial Planner CFP®
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Certified Public Accountant (CPA)
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Chartered Financial Consultant (ChFC)
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Registered Financial Consultant (RFC)
(You are not required to be currently licensed as a loan officer, mortgage broker, registered representative, real estate agent, etc., However, the license should not have been suspended or revoked.)
3. Educational Requirement
Minimum Requirement: High School Diploma
4. Application
You must complete and submit an application, along with the $35 application fee, and you must be accepted into a MIFSP educational program.
5. Course Requirement
You must complete the required MIFSP coursework by attending the workshop or by taking the required self-study course, and you must pass the examination with a minimum score of 75.
6. Ethics Statement
You must agree to abide by the MIFSP Professional Code of Conduct.
