Qualifications

How does a financial professional become a CCS™?

Financial professionals who wish to become a Certified Cash Flow Specialist™ must complete a one-year training program (some may accelerate their training but are still required to complete the full program even if done over a shorter period of time). CCSs in training must attain a minimum average of 70% on all 26 examinations throughout the course. This one-year course consists of more than 30 hours of education, including real-life case studies, process and technical abilities. By the time a CCS™ begins their third month of training it is expected that they will have created at least three Cash Flow Plans for real clients, as well as their own Cash Flow Plan. 

A CCS™ in training MUST complete the entire program within 12 months of initial registration. We’ve found that gaps in time lead to gaps in learning, and we only wish to produce and to assist professionals who commit to Cash Flow Planning as a regular part of their work with clients.

 

What does a financial professional have to do to keep their CCS™?

As with many other financial designations in Canada, in order for financial professionals to maintain their CCS™ they must:

– Follow the CCSProfessional Code of Conduct
– Complete six CCS™ continuing education credit hours as well as six other financial services continuing education credit hours per year
– Renew their designation annually

Unlike most other financial designations in Canada, in order for financial professionals to maintain their CCS™ they must:

– Prove they are still proficient at Cash Flow Planning by completing an annual case study within 30 days of renewing their designation
– Prove they actively implement Cash Flow Planning with new and existing clients

It is integral to the integrity of the CCS™ that it be more than three letters behind a financial professionals name on their business card. The CCS™ is meant to be a continuous way of providing financial advice and services, which can be confirmed annually rather than a designation that is completed once.

Learn more by reading the CCS™ Code of Conduct