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Bachelor’s or master's degree + certificate in financial planning and two years of experience

You qualify for Category IIIb academic equivalency if:

  • you have a bachelor's or master's degree from an institution recognized by the IQPF in a field other than administration, economics, law or actuarial science
  • you have a certificate in personal financial planning that includes at least 450 course-hours, with at least 45 course-hours in each of the financial planning areas (estates, finance, investment, insurance and risk management, legal aspects, retirement and taxation)
  • you have 2 years of experience (within the last 5 years) in at least one of the 7 personal financial planning areas, in Canada

If you meet these requirements, to become a financial planner, you have to pass the IQPF equivalency exam. This exam is given at a date agreed by the IQPF and the applicant. It is made up of multiple-choice questions divided up between the financial planning areas. To pass the exam, you must achieve a grade of at least 70% in each area. The price of the exam is $1,000 plus tax (prices may change without notice).

If you do not achieve a passing grade in every tested area, you will have to complete the IQPF Executive Program or a university course for each area you failed before you can go any further.

Once you have completed this step, you will have to take the IQPF Professional Training Course and pass the IQPF exam (4 hours).

Finally, to be able to use the financial planner title, you will have to obtain a representative’s certificate from the Autorité des marchés financiers.

Download the academic equivalency application form.