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CPE Self-Study
Investment Vehicles and Strategies
NASBA FIELD OF STUDY
Specialized Knowledge
LEVEL
Intermediate
CPE CREDITS
Online: 2.5
This three-part CPE course introduces the personal financial planner to investment strategies and vehicles, and examines the implementation phase of the investment planning engagement.

PFP section members and PFS credential holders receive a 20% discount

When you log into this website with your AICPA member account, the section discount will be automatically applied during checkout. Section discounts cannot be combined with any other offer. Should you have any questions or encounter any issues, please contact the AICPA Service Center at 888-777-7077 or service@aicpa.org.

Find out more information on the PFP Section.

CPE On-Demand
AICPA’s online CPE courses will operate in a variety of configurations, but only the configuration described below is supported by our technicians.

A stable and continuous internet connection is required
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Supported Operating Systems:

  • Macintosh OS X 10.10 to present
  • Windows 7 to present

Supported Browsers:

  • Apple Safari
  • Google Chrome
  • Microsoft Internet Explorer
  • Mozilla Firefox

Required Browser Plug-ins:

Note: Your course will be accessible immediately after completing your purchase. Access instructions will be shown on the Order Confirmation Screen and included in your Order Confirmation Email, or click My Account at the top of the page, select My Purchases and then My Online Learning tab.

Technical Support: Please contact service@aicpa.org or use the Contact Us Form.

Product details

Who Will Benefit?

  • CPAs and financial planners with basic knowledge of, and interest in, personal financial planning.

Key Topics

  • Types of investment vehicles
  • Investment strategies
  • Investment valuation

Learning Objectives

In this course, you will learn to do the following:

  • Recognize what is insured by the FDIC or the NCUA.
  • Calculate taxable interest on the purchase of a bond with accrued interest.
  • Determine the type of security to recommend to a client based on the client's circumstances.
  • Differentiate between active and passive portfolio management.
  • Recall when an investor should expect a margin call.
  • Differentiate among the various types of financial ratios in a financial ratio analysis.
  • Calculate the price-earnings ratio for a stock.

This CPE course can be purchased individually or as part of the Investment Planning Certificate Program.

Do you need an introduction to investment vehicles and strategies to educate your clients on the rationale for the strategies used in their investment accounts? Examining the implementation phase of the investment planning engagement, this three-part CPE course covers:

  • Types of investment vehicles
  • Investment strategies
  • Investment valuation

This course addresses several types of investment strategies used by investment advisers and the rationale behind their selection, including active versus passive management, market timing, dollar cost averaging, dividend and capital gain distribution reinvestment, systematic withdrawal plans, bond laddering, and hedging strategies. The personal financial planner must stay abreast of these strategies and be able to converse about the rationale for using the selected strategies.

Further, this course looks at asset pricing theories as they relate to the value and risk of an investment portfolio, types of market analyses, and how to analyze the value of an individual stock and bond. Two asset pricing theories are analyzed in the course: the capital asset pricing model (CAPM) and the arbitrage pricing theory (APT), two of the most influential theories on asset pricing the investment adviser uses. We also delve into leveraging using margin accounts and the risks associated with this strategy, as well as strategies for concentrated portfolios. Lastly, we will also take a fresh look at IRC Section 1031 like-kind exchanges, with an emphasis on the specific tax regulations governing these transactions.

Enhanced On-Demand Format

This enhanced on-demand format offers meaningful and relevant content in the form of tables, charts, and discussion points on slides. An instructor who is an expert on the topical area breaks down complex topics, offers best practices, provides clarity, and shares insights that help the learner achieve the learning objectives for the course.

Ratings and reviews
Author(s)

Susan M. Tillery, CPA/PFS, CFP®

Susan M. Tillery, CPA/PFS, is President & CEO of Paraklete® Financial Inc. Paraklete® provides integrated fee-for-service financial planning without asset management or product sales. The firm acts as An Advocate in Financial Services® for its clients with a disciplined focus on independence and objectivity. Susan also is a co-founder and president of Financial Planning Advocate LLC, a provider of continuing education for CPAs, financial advisers, universities and colleges.

Ms. Tillery’s experience at Harris myCFO, a multi-family office where she was responsible for the development and delivery of comprehensive family office solutions to affluent families, together with her work at Arthur Andersen, Ronald Blue & Co and other financial firms, provides the framework for Paraklete.

Susan earned both her bachelor’s and master’s degrees in accounting from the University of Georgia. Susan is a member of the American Institute of CPAs (AICPA) and the Georgia Society of CPAs (GSCPA). In addition, she is chair of the AICPA Personal Financial Planning Credential Committee. Susan also serves on the Board for The National Center for Stewardship and Generosity.

Susan has over 30 years of experience in tax, philanthropy and financial planning, as well as in the administrative and compliance areas encountered by affluent individuals and families. Ms. Tillery speaks on the topics of: Financial Planning, CPAs and Financial Planning, Financial Issues Facing Women, Responsibilities of Wealth, Charitable Giving and Stewardship.

Tom Tillery, MA Ed, MSFS, CFP®, CLU®, ChFC®, LUTCF, CRPC®

Vice President, Financial Planning Advocate, LLC
Vice President & CCO, Paraklete® Financial, Inc.

Thomas Neal Tillery, CFP®, AEP®, CLU®, ChFC®, CRPC®, LUTCF is Vice President and Chief Compliance Officer of Paraklete® Financial, Inc. Paraklete® provides integrated fee-for-service financial planning without asset management or product sales. The firm acts as An Advocate in Financial Services® for its clients with a disciplined focus on independence and objectivity. Tom is also a co-founder and Vice President of Financial Planning Advocate, LLC, a provider of continuing education for CPAs, financial advisers, universities and colleges.

Tom earned a M.S. in Financial Services from The American College and an M.A. in Education from The Southern Baptist Theological Seminary. He is an active member of AICPA (Non-CPA Associate), the Atlanta Estate Planning Council and the Society of Financial Service Professionals. He also serves on the Board for The National Center for Stewardship and Generosity.

With more than 30 years of experience in personal financial planning, Tom is a frequent speaker and writer on all topics relating to personal financial planning. He has written personal financial planning curriculum for several universities and on-line providers. Tom has been a provider of Continuing Education for attorneys, CPAs, and investment and insurance professionals for over 30 years. Tom and his family reside in Kennesaw, Georgia.

Publisher

American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.

Price:
$99.00
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Estimated total:
$99.00
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CREDIT INFO
CPE credits
Online
: 2.5
NASBA Field of Study
Specialized Knowledge
Level
Intermediate
Prerequisites
NONE
ADVANCE PREPARATION
None
Delivery Method
QAS Self-Study
Course acronym
PFP-INV5
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