Level 2 – Personal Finance Solutions & Client Goals – QPFP Certification Program by Network FP

Level 2 – Personal Finance Solutions & Client Goals

Click below to see the curriculum of different levels
Topic 9

Organizing Financial Life & Debt Management

  • Organizing Financial Information & Documents
  • Protecting Financial Information & Documents
  • Emergency Funding
  • Debt (Loan) Management Strategies

ProTool

  • Family FIDOK Organizer
  • Emergency Fund Calculator
Topic 10

Wealth Management (without specific goals)

  • Goal Based Investment
  • Purpose based Investing
  • Timeline based Investing
  • Frequency of Investments
  • Risk Profile based Investing
  • Asset Allocation Strategies

ProTool

  • Risk Profiling Tool
Topic 11

Risk Management & Life Insurance

  • Risk Management
  • Life Insurance
  • Why Life Insurance?
  • Method of Calculating Life Insurance Cover
  • Myths and Mistakes around Life Insurance

Pro Tool

  • Complete Insurance Portfolio Builder
Topic 12

Health & General Insurance Consultancy

  • Wealth Management Pyramid
  • Health Insurance
  • Critical Illness
  • Personal Accident
  • Vehicle Insurance
  • Home Insurance
  • Complete Insurance Coverage

ProTool

  • Life Insurance Calculator
Topic 13

House Purchase Consultancy

  • Client Needs & Behaviour
  • Housing Costs in India
  • House Funding
  • Property as an Investment (House 2)
  • Rent Vs. Buy Decision

ProTools

  • House Purchase Calculator
Topic 14

Child's Higher Education Planning

  • Client Behaviour & Mistakes in Higher Education Planning
  • Importance of Higher Education Planning
  • Higher Education - Perspective
  • Step by Step planning for Childrens Higher Education
  • PFP's Role

ProTools

  • Children's Future Calculator
Topic 15

Retirement Accumulation Consultancy

  • Client’s Behavior Around Retirement
  • Importance of Retirement Consultancy
  • Retirement Corpus – Accumulation Phase
  • F.I.R.E

ProTools

  • Retirement Accumulation Calculator
Topic 16

Retirement Distribution Consultancy

  • Objectives & Challenges post-retirement
  • Retirement Monthly Income Generation Strategy
  • Retirement Distribution strategies
  • Asset Allocation in Distribution Phase
  • Suitable Products for Retirement Corpus Management

ProTools

  • Retirement Distribution Calculator
Topic 17

Income Tax Consultancy

  • Income Tax Consultancy
  • Tax Consultancy - Section 80C
  • Tax Consultancy - Beyond Section 80C
  • How to choose between Old & New Tax Regime
  • Common Mistakes around Taxes
  • PFP's Role

ProTools

  • Income Tax Calculator - Old & New
Topic 18

NRI Investments Consultancy

  • Understanding & getting clarity on Residential Status
  • NRI's requirements & expectations when investing in India
  • NRI Taxation - Overseas & India
  • Taxation in the US & UK - Specific Country Cases
  • Non-Resident Banking & Repatriation
  • Non-Resident Insurance Consultancy

ProTools

  • One Page Financial Plan
Topic 19

Wills & Succession Planning

  • Estate Consultancy & Importance of it
  • Myths around Estate Consultancy
  • Different Acts of Succession Consultancy
  • Will - Components, Format, Do's & Don'ts

ProTools

  • Will Template
Topic 20

Asset Classes & Asset Allocation Models

  • Types of Investment Assets & Risks
  • Asset Allocation & Diversification
  • Asset Allocation Process
  • Asset Allocation Strategies
  • Rebalancing
  • Common Mistakes & PFPs Role

ProTool

  • Asset Allocation & Assumptions
Examination

Level 2 Examination