The International Association of Registered Financial Consultants (IARFC) is dedicated to educate, support and advance the professionalism of financial advisors who are helping people spend, save, insure, invest and plan for the future.
The IARFC is the only financial planning professional association that requires its members to meet seven stringent requirements:
- Education
- Examination
- Experience
- Licensing
- Business integrity
- Adherence to a strict code of ethics
- Maintenance of proficiency with a minimum of 40 hours per year of continuing education in the field of financial planning
The IARFC is convinced that extensive on-going professional education is required for an advisor to serve the public effectively. The IARFC grants the designation of Registered Financial Consultant (RFC).
While serving a number of needs for its members (sponsoring educational seminars, providing a clearinghouse for industry information, and distributing updates on tax laws and legislation affecting financial planning), the primary purpose of the IARFC is to provide the public with a pool of well-qualified practitioners from which to choose a personal advisor.
The IARFC accomplishes this by limiting the RFC designation only to those applicants who meet its high standards of qualification. It removes the designation from anyone who fails to maintain proficiency through substantial continuing education, or who betrays the public trust by failing to live up to its Code of Ethics or by having a professional license revoked or suspended for any reason.
