Path to MRFC
The MRFC designation is intended to measure cognitive knowledge in financial planning for those advanced practitioners - 4 or more years as a fulltime practitioner in the field of financial services including investment planning/securities, insurance planning, retirement planning, tax preparation, or estate planning.
Candidate statistics: As of April 1, 2017, the total number of candidates sitting for the exam was 41. Of these 25 or 61% passed the exam and 16 or 39% failed the exam.
The Master Registered Financial Consultants (MRFC) is a competency-based assessment program that is designed to assure that candidates have mastered the knowledges and skills necessary to practice in the profession.
The target audience for this certification would consist those individuals who in their mastery as a financial consultant have met certain experiential, educational and licensing requirements in the field of financial planning and services rendered.