DEFINITION of 'Chartered Financial Consultant - ChFC'

A professional designation representing completion of a comprehensive course consisting of financial education, examinations and practical experience. Chartered Financial Consultant designations are granted by The American College upon completion of seven required courses and two elective courses. Those who earn the designation are understood to be knowledgeable in financial matters and to have the ability to provide sound advice.

BREAKING DOWN 'Chartered Financial Consultant - ChFC'

In order to be considered for the program, the applicant must already have a minimum of three years working in the financial industry. In addition, it is recommended that applicants have a degree related to finance or business before applying as it will make the program much easier.

RELATED TERMS
  1. Chartered Market Analyst - CMA

    A professional designation awarded by the American Academy of ...
  2. Chartered Accountant - CA

    An accounting designation given to accounting professionals in ...
  3. Chartered Life Underwriter - CLU

    A professional designation for individuals who wish to specialize ...
  4. Certified Investment Management ...

    A professional designation for investment managers that was conferred ...
  5. Chartered Alternative Investment ...

    A professional designation given out by the Chartered Alternative ...
  6. Charter

    A legal document that provides for the creation of a corporate ...
Related Articles
  1. Financial Advisor

    The Alphabet Soup of Financial Certifications

    We decode the meaning of the many letters that can follow the names of financial professionals.
  2. Financial Advisor

    A Guide To Financial Designations

    Find out which certifications can bring you the greatest career returns.
  3. Personal Finance

    Financial Analyst Training & Designation Programs

    Time to upgrade your financial skills? These designations are flexible and adaptable to the changing marketplace.
  4. Financial Advisor

    So, You Want to Earn Your CFA?

    Here are some pros and cons to consider before you take the CFA charter plunge.
  5. Retirement

    Designations No Retirement Planner Should Be Without

    Advance your career and gain clientele by adding a few choice certifications.
  6. Personal Finance

    Career Advice: Financial Analyst Vs. Financial Consultant

    Read an in-depth comparison between working as a financial analyst or a financial consultant, including how to determine which career to choose.
  7. Financial Advisor

    CFP, ChFC or CLU: Which Is Best?

    The Certified Financial Planner designation is the most widely recognized credential in the financial planning field today.
  8. Financial Advisor

    CFP, CLU Or ChFC - Which Is Best?

    The designation you choose will depend on which areas of financial planning you want as your focus.
  9. Financial Advisor

    CPA, CFA Or CFP® - Pick Your Abbreviation Carefully

    A couple of letters can mean a big difference. Find out which designation you need and how to get it.
  10. Financial Advisor

    An Introduction To The Chartered Business Valuator Designation

    Business valuation is a fast growing field. Discover how you can take advantage with a CBV designation.
RELATED FAQS
  1. What are the benefits of hiring a Chartered Financial Analyst (CFA) to be my financial ...

    Find out what the CFA charter is. Understand the benefits of hiring a Chartered Financial Analyst as a personal financial ... Read Answer >>
  2. I hold a professional degree. Am I eligible to sit for the Certified Financial Planner ...

    According to the CFP board, if you hold one or more of the following, you are eligible to challenge the CFP(R) certification ... Read Answer >>
  3. Can I obtain my CFA charter without U.S. work experience?

    The CFA charter is a global charter. As such, valid work experience is not limited to the country it which you obtain your ... Read Answer >>
  4. I am interested in pursing the CFA charter, but I do not have a degree in business ...

    The Chartered Financial Analyst (CFA) program is by no means an introduction to the world of investment. CFA Institute (formerly ... Read Answer >>
Hot Definitions
  1. Graduate Record Examination - GRE

    A standardized exam used to measure one's aptitude for abstract thinking in the areas of analytical writing, mathematics ...
  2. Graduate Management Admission Test - GMAT

    A standardized test intended to measure a test taker's aptitude in mathematics and the English language. The GMAT is most ...
  3. Magna Cum Laude

    An academic level of distinction used by educational institutions to signify an academic degree which was received "with ...
  4. Cover Letter

    A written document submitted with a job application explaining the applicant's credentials and interest in the open position. ...
  5. 403(b) Plan

    A retirement plan for certain employees of public schools, tax-exempt organizations and certain ministers. Generally, retirement ...
  6. Master Of Business Administration - MBA

    A graduate degree achieved at a university or college that provides theoretical and practical training to help graduates ...
Trading Center