AIFA® Training is a 3-day classroom course that prepares students to conduct fiduciary assessments on firms' conformance to the Practices. These assessments may be performed as consulting arrangements or for CEFEX Certifications of adherence to Global Fiduciary Standards of Excellence. The AIFA program also addresses new audit requirements under the Pension Protection Act of 2006.

Learning Objectives

Upon successful completion of the program, participants will be able to:

• Implement the prudent investment processes for investment stewards, investment advisors, and investment managers
• Perform a fiduciary assessment to verify or certify an entity's conformity to a "Global Fiduciary Standard of Excellence"
• Demonstrate an understanding of the importance of the Standard in the industry, who benefits from the standards and what benefits are realized
• Certify and periodically assess institutional assessments

Topics covered

• The "big picture": Why an Investment Fiduciary Standard is needed, who benefits from the Standard, what benefits may be realized, and how conformance with the Standard is certified and periodically reassessed.
• ISO-speak: How the procedures used by fi360 and CEFEX are consistent with those used in ISO standards.
• ISO certification model: fi360 and CEFEX adopt the ISO approach whereby conformance with the investment fiduciary standard is verified by an AIFA designee and certified by CEFEX.
• Practices which constitute the certification criteria for the evaluation of Investment Stewards and Investment Managers.
• Procedures for conducting certifications of Investment Stewards and Investment Managers.

Advance Preparation:

AIFA students are required to read three documents in advance of their classroom program date: Overview of the ISO system, ISO 19011, and fi360's modifications of ISO 19011 for Assessments of Investment Fiduciary Practices.

Prerequisite:

Graduation of AIF Training

Format

The AIFA Training is held in a three-day classroom format and encourages class participation throughout the program. Team and individual exercises are part of the program structure as well as team presentations of exercise findings and conclusions. All class participation, including group and individual exercises, carry weight in the grading process. The course culminates with an accreditation exam for those wishing to obtain the AIFA designation. The evaluation of your success in the program is based on three main factors: AIFA quiz, the final exam, and participation.
View sample agenda
Register
Price: $2350

In addition to successful completion of the program, candidates for the designation must meet certain educational and/or work experience requirements. Check your eligibility to become an AIFA designee against the Prerequisite Matrix.

Tuition for the AIFA Training includes:

• Comprehensive desk reference manual (contains program slides, pertinent readings)
• Prudent Practices for Investment Fiduciaries handbook series, associated Self-Assessments of Fiduciary Excellence and Consultant-Assessments of Fiduciary Excellence, and Legal Memorandums.
• Related industry texts
• Complimentary 90-day subscription to the Platinum Toolkit ($325 value)
• Customized USB drive pre-loaded with pertinent electronic files and documents that can be utilized upon return to your office
• Customized fi360 padfolio with an Analyst notepad
• Fiduciary placemat that includes The Periodic Table of Global Fiduciary Practices, Assessment Levels, and the Management of Investment Decisions reference guide
• Fiduciary Key Concepts Reference Card
• Continental breakfast and lunch
• Embroidered satchel

Additional Notes:

Please contact fi360's Training staff with questions regarding the AIF Web-based program at training@fi360.com

You can earn CE for your other professional designations with fi360 Training.

Refund/Cancellation policy: We will refund 100% of your registration fee up to three weeks ahead of your scheduled classroom program. Within three weeks of a classroom we will refund all but 10% to cover the cost of program materials already incurred.

The AIF and AIFA are trademarks held by the Center for Fiduciary Studies, under the umbrella of Fiduciary360