ChFC
Definition
Chartered Financial Consultant. A financial planning designation for the insurance industry awarded by the American College of Bryn Mawr. ChFCs must meet experience requirements and pass exams covering finance and investing. They must have at least three years of experience in the financial industry, and have studied and passed an examination on the fundamentals of financial planning, including income tax, insurance, investment and estate planning.
Use ChFC in a sentence
“ You may want to do some research so you know you are doing things the way the chfc would approve of. ”
“ Tom was interested in obtaining a financial planning designation, but was not interested in the stringency of the CFP, so he undertook the ChFC instead. ”
“ I've been looking to change jobs for sometime, and because of my background in the financial industry and interest in all types of financial planning, I have begun to study for the ChFC exam to become a Chartered Financial Consultant, a broader field than that of a Chartered Life Underwriter. ”
