Have you been searching for retirement planning training? Perhaps the Certified Income Specialist (CIS) designation is precisely what you've been seeking.
Bank Training Center offers the CIS training and certification courses for those individuals interested in earning the prestigious Certified Income Specialist designation. Your clients will appreciate the special knowledge and insight you bring to the table as a CIS.
The Certified Income Specialist (CIS) designation indicates that a certificant has received advanced training and expertise in providing strategies to help their clients plan for a comfortable retirement - chiefly how to maximize income while mitigating risk and taxes.
What makes the CIS program unique is its creative approach to the subject matter. Taxes, practicality, and investor psychology are all factors to be considered. Maximizing returns for those who need income on a regular basis is easy once you have gone through the CIS course!
This accredited program is a 60-hour self-study program administered over six modules.
Students are given 12 months to complete the program, but the vast majority of the enrollees complete the materials within a couple of months. There are four requirements for certification:
- Pass three exams; each one covers two of the six modules (students can three month-extension for $40)
- Complete one open-book case study (a one page set of facts based on a hypothetical client)
- Fill out a registration form and complete a student questionnaire, and
- Sign a code of ethics
Each exam is a 60 minute, 50-question, computer-administered exam - a passing score of 70% is required for each exam. Exams can only be taken sequentially, and the student needs to be notified of a passing grade before sitting for the next exam.
Exams are taken online, with a proctor (disinterested third party). There is no additional exam fee; it is included in the cost of your course tuition. If a re-take is necessary, a $75 charge will apply.
To earn this designation, candidates must have at least 2,000 hours of work experience in the financial services industry or a bachelor's degree from an accredited college or university. The designation will not be granted until the required minimum number of hours has been fulfilled or a bachelor's degree has been granted.
Continuing Education Requirements
Designees must complete 15 hours of continuing education, reported once every year. Designees have a wide range of topics and methods to choose from (e.g., attending seminars, reading books, completing other courses, teaching, writing articles, etc.). Also, each year designees must remit an annual renewal fee.
Recommended Courses & Available Training Options
Bank Training Center offers the convenient self-study program for earning the CIS designation.
Simply select the recommended course below, or search under "Licensing/Designations" in the search box thereafter for "CIS - Certified Income Specialist".