Professional designations signal a commitment to your career while representing accomplishment and expertise within the insurance and financial services community. Through a longstanding partnership with The American College, NAIFA offers classroom training for the LUTC Fellow (LUTCF) designation and the Financial Services Specialist (FSS) designation. In addition, the Horizons program allows you to complete the CFP® Certification Curriculum, while earning six courses toward the ChFC® and CLU® designations. Invest in your future by earning a professional designation through NAIFA and The American College.
- Do you want to “Find A Class” in your area? Click here for a list of classes in your state.
- The American College is excited to announce a new growing schedule of live online classes! Review the schedule
Are you interested in signing up for an LUTCF or FSS Course but have some questions about the program? Take a look at our LUTC and FSS Programs FAQ to understand the program and your options.
The American College and NAIFA have further strengthened the prestigious LUTCF and FSS designations by adding a continuing education requirement in ethics. For all new designees receiving their credential on or after 1/1/2010, three hours of ethics-related CE will now be required every two years in order for designees to continue using the LUTCF or FSS mark.
The new CE requirement may be satisfied in one of two ways:
- Take three hours of state-approved, ethics-related CE from any vendor approved by the licensee’s state; or
- Take three hours of ethics-related CE from The American College. Regardless of whether or not the course is approved for CE in the licensee’s state, it will satisfy this requirement. For course information, visit www.TheAmericanCollege.edu/Ethics
The initial reporting period for this new requirement will begin on 1/1/2012 and end on 12/31/2013.
LUTC Fellow (LUTCF)
Successful insurance and financial services careers are deeply rooted in product knowledge and effective sales skills. The LUTCF curriculum combines product-focused education with hands-on sales training to help newer advisors thrive in a competitive industry. Courses are taught by trained moderators in a classroom setting and focus on role-playing exercises, sales planning activities and action projects. Students benefit from other’s input and the opportunity for networking. They are able to apply their knowledge, see an immediate improvement in their practice and increase sales immediately. To earn the LUTCF designation, one must successfully complete 300 designation credits (or 5 courses) and one Ethics course – and be a NAIFA member in good standing during conferment year. Courses in the LUTCF Program are either in an 8-week or 12-week format.
New: Financial Services Specialist (FSS)
Modeled after the LUTCF curriculum, each course is delivered at the local level in a live classroom instructional format with a qualified moderator. The FSS curriculum consists of six courses - three required and three are electives. Topics in the new designation program include understanding the financial services market and client life-cycle, introductory financial planning concepts (Estate, Financial, Investment and Retirement Planning), introductory financial product knowledge (Investments, Annuities, Insurance) and communications skills. Once an individual has earned the FSS, they will be required to complete an American College approved ethics seminar every two years offered through their local NAIFA Association Chapter.
CFP, ChFC, and CLU Programs
NAIFA members receive a special discount [$640 each for the following webinar courses leading to the CLU®, ChFC®, CFP® designations: HS300W, HS311W, HS321W, HS326W, HS328W, H330W] Other fees may apply. Register at www.theamericancollege.edu and enter the promotional code NAIFAWEB13. The discounted webinar price may not be used with any other discount, promotion or package deal.
Certified Financial Planner (CFP™)
The CFP™ designation is a widely recognized financial advising credential among consumers and is awarded to those who have met its rigorous educational standards and agreed to the CFP Board Code of Ethics and Professional Responsibility. Through Horizons, a program offered by The American College, NAIFA members can complete the CFP certification curriculum which will allow them to sit for the CFP certification examination administered by the CFP Board of Standards. Horizons is presented in a live study-group environment with lectures on DVD by the same faculty who write the textbooks.
Chartered Financial Consultant (ChFC)
The ChFC is a professional in the field of life insurance and financial advising. To receive the designation, an individual must successfully complete a broad program covering several financial services-related subjects. The eight program courses teach planning in the tax, insurance, business, retirement and investment fields. In order to receive the ChFC, individuals must meet specified experience requirements and ethical standards, and agree to comply with The American College Code of Ethics and Procedures. Students completing The American College's CFP™ courses also earn credits toward their ChFC.
Chartered Life Underwriter (CLU)
A CLU is a professional advisor in all of the areas of business and family financial security that are encompassed by life insurance. In the United States, The American College is the accredited institution that awards this designation, as well as the ChFC. To become a CLU, an individual must successfully complete a comprehensive course of study and demonstrate competence by passing a series of eight, college-level examinations in several subject areas including: life insurance, pensions, taxation, finance, economics and business, and estate planning. Rigid ethical and experience requirements also must be met.