Recertification Program Requirements
American College of Financial Services’ continuing education program, PACE, has
been phased out and replaced by the Professional Recertification Program. This
became effective January 1, 2017. Please click here for more
All applicable Professional Recertification
Program requirements must be completed to maintain the right to use
designations from The American College of Financial Services.
30 hours of CE including, 1 hour of ethics, will
be required every two years, for client-facing* designees.
All non-client-facing* designees will be
required to complete at least one hour of ethics CE every two years.
Participation in the Professional Recertification Program is
required for the following designations :
generally not required for legacy marks no longer offered to new students by
The College, and for those conferred by other institutions, including REBC®,
RHU®, ChHC®, and LUTCF. The CASL® designation
remains subject to recertification.
The College requires designees to:
*Client facing: An individual can
be client facing based on licenses, degrees, or certifications that individual
holds, and/or how that person is compensated. A client-facing individual is
defined as someone who holds a Resident or Non-resident State Life & Health
License, and/or Investment Company & Variable Products (Series 6), General
Securities Representative (Series 7), Municipal Securities Representative
(Series 52), Mutual Funds (Series 63), Uniform Investment Adviser Law (Series
65) or Uniform Combined State Law (Series 66) registrations from FINRA, and/or
is a JD, CPA or CFA®. Additionally, client-facing
individuals collect compensation (commissions, fees or concessions) from their
current work with clients and/or are managing/supervising individuals who are
compensated from work with clients regarding the sale, recommendation, or
advice on insurance or investment products
Periods are 2 years, the current Recertification Period is 2017/2018.
Students who earn their first designation during the first year
of a recertification period will recertify during the next recertification
For example, for the recertification period beginning on Jan. 1,
2017, a student awarded a first designation on Aug. 1, 2017 is required to:
Students who earn their first designation during the second year
of a recertification period will be exempt from the following two-year period.
For example, a student awarded a first designation on Aug. 1,
2018 is required to:
Recertification Renewal Fee
Designees are to pay an annual
recertification fee of:
The fee will cover all of the participating
designations a student earns from The American College of Financial Services.
The annual recertification fee is paid in
advance of the recertification year. For example, the 2018 annual
recertification fee will be due by December 31, 2017, and can be paid any time
during the 2017 year. A late fee will be
assessed after the last day of the calendar year.
CE Subject Requirements
pre-approved for CE credits by the CFP Board of Standards are accepted by the
Professional Recertification Program.
Designees must complete a pre-approved self-study program that
contains an examination by which mastery of the program is demonstrated to the
Students should read the course
material prior to taking the final exam.
Final Exam Requirements
Exam Proctor Requirements:
Self-study final exams are open-book and do not
require a proctor. Students may refer to the course material as often as
The final exam must be passed with a
score of 70 percent or higher to receive credit.
The Code of Ethics and/or Practice Standards programs must have a passing score
of 80 percent or higher.
Course Delivery Requirements
education credit can be earned for self-study courses.
completion must be an online examination, which shall be graded by the sponsor,
with a passing score of 70 percent or higher.
The Code of
Ethics and/or Practice Standards programs must have a passing score of 80
percent or higher
CE Carryover Allowance
No credit may be carried over from excess hours earned during a
CE Reporting Requirements
CE credit that is taken outside of The
College is self-reported online through one’s individual account with The
College. The CE requirement must be reported by the end of the second year of
the recertification period. The designee will be required to maintain
appropriate documentation that substantiates the validity of any CE that is
reported under the Professional Recertification Program.
Course Repetition Rules
Credit will not
be received for any course taken more than once in any 2-year certification
Certificate of Completion
online, printable certificates of completion. Certificates of completion are
available to print online immediately after the final exam is passed.
American College Contact Information
questions to Professional
Recertification Program at:
The American College
270 S Bryn Mawr Avenue
Bryn Mawr, PA 79010-2196
Or Call: 1-888-263-7265
Or FAX: 610-526-1486
Email: [email protected]