The Center for Fiduciary Studies offers classroom and web-based training programs for those aspiring to obtain the AIF designation. The classroom-based program is a three-day course with instructors from the Center for Fiduciary Studies staff. A one-day course combines both classroom and web-based instruction, and the web-based program can be completed over 180 days. Those new to the field of fiduciary study may want to consider the benefits of the lively discussions that can occur in the classroom setting and the opportunity to ask questions.
Twenty-Two Prudent Practices
The AIF program provides detailed instruction on how to comply with the fiduciary standards of care and introduces the participant to the 22 Prudent Investment Practices developed by the Foundation for Fiduciary Studies. These practices combine “the minimum requirements of pertinent legislation with industry best practices.” A fiduciary can be confident that he or she is meeting his or her obligations by holding to these practices. A client will benefit from using the expertise of an advisor with the AIF designation because the advisor will be held to a standard of excellence to which others may not adhere.
Continuing Education Requirement
AIF® designees must accrue a minimum of six hours of continuing education annually. The CE requirement is effective immediately upon attainment of the AIF® designation, and CE hours may be accrued from a variety of sources. All CE is subject to audit by, and final approval from, fi360. (https://www.fi360.com/products-services/designations-overview/aif-designation)
Read more: Fiduciary Designations For Financial Advisors | Investopedia http://www.investopedia.com/articles/professionaleducation/07/aif-aifa.asp#ixzz4Qg1MzFsv