CFP Challenge Candidate

The ALA has partnered with Kaplan to provide certified financial planning review materials in a cpe/cle course format

So how does this work?  Licensed CPAs and attorneys need continuing education credits (CPE and CLE), so why not cover some materials from the CFP exam preparation programs offered by Kaplan?  CPAs and attorneys are automatically eligible to apply to take the CFP® exam with Challenge Status. Challenge status means you can bypass the education requirements (Courses 101 through 106), provided you complete the Financial Plan Development Course (Course 107).   Course 107, the capstone course, is offered through Kaplan and prepares you for the CFP exam.  Why not earn CPE/CLE while preparing to earn another professional designation?  More importantly, why not get all your CPE/CLE through your membership with the Accountant-Lawyer Alliance?

Previous education and licenses may fulfill CFP Board education requirements and allow you to apply for the exam with Challenge Status. Academic degrees and credentials that fulfill the education requirement include*:

  • Certified Public Accountant (CPA) – inactive license acceptable
  • Licensed attorney – inactive license acceptable
  • Chartered Financial Analyst® (CFA®)
  • Doctor of Business Administration
  • Chartered Financial Consultant® (ChFC®)
  • PhD in business or economics
  • Chartered Life Underwriter® (CLU®)

*This does not include the Financial Plan Development Course (FP-107) requirement, which challenge candidates must fulfill.

Why Persue the CFP®?

Get all your CPE credits while also preparing for the CFP® exam.  You only need to purchase the texts (available at a 25% discount) for these classes and cover the cost of the capstone course purchased directly from Kaplan.  

Frequently Asked Questions about the ALA - Kaplan Program


Yes, all of the seminars / webinars offered by the ALA include CPE / CLE credits.

No, your membership gets you access to all of these courses provided by the ALA.  The only additional cost is the cost of the texts. The texts referenced during our classes are a great resource whether you are preparing for the exam or just looking to expand your knowledge.  

No, course 107 is offered by Kaplan directly.  

No, you can attend 1 course or all 6 depending on your preference.  However, we recommend taking a the entire curriculum since it will allow you to see how each module fits in the overall planning process.