Cost for the CRFA exam $595
A Job Analysis was conducted to identify six domains that will be included in the exam. The analysis was designed to develop a certification examination program meeting the standards established in The Joint Standards for Educational and Psychological Testing Standards 14.10 and 14.14.
24 hours of secondary education where the curriculum is focused on professional financial services (examples: insurance, securities, trusts and income taxes)
Secondary education is a curriculum that is focused on practical job skills that are designed to benefit employers and employees.
Group discount are available upon request.
What is the process to become a CRFA?
Outlined below are the tools to become a CRFA.
Please check our application form on the tab below entitled “CRFA Candidate Application.”
Our testing requirements are designed to help us recognize your ability to successfully pass our comprehensive exam that covers multiple issues. Following is a list of the six domains tested and the percentage of test questions from each domain:
|Domain I||Tax Issues for Retirees||20%|
|Domain II||Investment Concepts for Retirement||22%|
|Domain III||General Retirement Principles||18%|
|Domain IV||Government Programs/ Social Security||13%|
|Domain V||Estate Planning||17%|
|Domain VI||CRFA Ethical Standards||10%|
Since 2009, 63 candidates have taken the current exam.
As of December 31, 2014, there are 110 CRFA members.
Please check the “Candidate Guide and Handbook” for specific information as to
qualifications and steps to become a CRFA. The test is computer-based and taken
at a proctored center near you on a date and time that is convenient for you. There
are 100 questions and each applicant has four hours to complete the exam. The test
was created by CRFA Subject Matter Experts using detail from the Job Analysis and
has been evaluated as to the relevance of each question and subject matter.
Applicants begin the process by downloading the application and following the
The Handbook guides the applicant through the process and provides details for preparing for the exam.
The skills and knowledge a retirement advisor should possess are listed in the order of importance.
|CRFA Candidate Application||The application is designed to demonstrate the applicant has the necessary skills and knowledge to be successful.|
|Candidate Guide & Handbook||The Handbook guides the applicant through the process and provides details for preparing for the exam.|
|2009 Job Analysis||The skills and knowledge a retirement advisor should possess are listed in the order of importance.|
Members must renew their membership annually to remain in good
CRFA members agree to abide by a Code of Ethics that includes ethical
practices, maintaining a level of competency by earning continuing education
units and objective recommendation of products.
Read: CRFA Code of Ethics
If you have a complaint about a CRFA member, please review the following publication information.
You may file the complaint form by faxing to 405.376.1455 or e-mail to: Lynda@crfa.us.