by John Darer CLU ChFC CSSC RSP CLTC
The Chartered Special Needs Consultant, a robust professional designation offered by the American College since 2011, educates financial professionals so they thoroughly understand the intricate tax law, trust law and government programs that impact the care of a person with a disability. Allen Mclellan, associate dean at The American College in the June 2011 edition of Best's Review said "It takes a special knowledge and sensitivity, and quite frankly not everybody's going to be able to do it."
The ChSNC was initially offered exclusively to MassMutual captive agents in recognition of MassMutual's contribution to the development of the program. The exclusive period ends in June and starting July 1, 2013 the ChSNC professional designation program will be available to those who qualify. I encourage my structured settlement industry colleagues to join me in the program beginning with the July 2013 roll out, as part of a community effort to elevate the profession.
- Hold CLU, ChFC, CFP designations or the MSFS degree (which means a minimum of 10 courses prerequisite)
- Have three years experience in financial services
- Complete the following three courses:
- The Psychology of Disability (HS375)taken by self study
- Legal and Financial Issues for Special Needs Families (HS376) taken by self study
- Financial Planning for Special Needs Families, a live two and a half day seminar
All three courses culminate with a final exam.
It's obviously alot of effort for those who do not already have a CLU, ChFC, CFP or MSFS, but in the long run it is worth it to stay on top of your game and its many dynamic moving parts. There are some excellent review programs available to help accelerate your learning and make for an efficient educational journey.