CFP FPSB Report May 2016 New

FPSB INDIA
MAY REPORT
2016
FPSB INDIA REPORT MAY 2015| 1 FPSB INDIA | MAY REPORT | 2016 | 1
FPSB INDIA | MAY REPORT | 2016 | 2
Between You and Me
Date : 08 June 2016
Dear Friend,
Financial Planner continues to be India with a major share of middle life, health and assets; a retirement
amongst the most lucrative jobs class population requires Financial plan or a suitable arrangement in
in the United States as reported Planning services to achieve life lieu thereof to build a sufficient
in the CareerCast 2015 rankings goals of her masses. In three retirement corpus; estate planning
of Americas 200 jobs. Financial decades India will have the second for effective and tax-efficient
Planner was ranked as the 22nd largest population of senior citizens transfer of assets to dependents,
best job with specifics of the job in the world. This is on top of the etc. The aim of FPSB India is to
related to careers in portfolio fact that no social security has been strike a convergence of regulations
management and offering a built as a Government initiative. blurring the differentiation in
broad range of services aimed at This entails Retirement Planning to products of similar profile which fall
assisting individuals in managing be our top priority. Hence, a holistic under different regulatory purview.
and planning their financial future. retirement plan is the need of the
In India, Financial Planning shall be hour. FPSB India continues to steer the
increasingly relevant as an art and Financial Planning movement
science to firstly create wealth and In India, the regulatory efforts are in the country and work closely
then manage wealth in a disciplined at an advanced stage to creating an with all stakeholders for further
manner and achieve financial goals. effective oversight of intermediaries augmentation of Financial Planning
It is more towards attaining a state in the financial services. The vision profession and to help Indias
of financial freedom, a way of of FPSB India is to harmonize Wealth Quotient on an upward
achieving balance in our financial diverse financial domains on the spiral.
transactions on an ongoing basis Personal Finance platform for an
than one-off transactions. The individuals disciplined achievement Warm Regards,
number of CFP professionals in India of financial goals. Such domains
stands at 1,910 as on 31 December include investments in accordance Ranjeet S Mudholkar
2015. The number CFP professionals with risk profile to achieve financial Vice Chairman & CEO, FPSB India
is 1.61 lakh worldwide. goals; insurance to cover risk to
TABLE OF CONTENT
I. Membership / CFP Professional Statistics 5
II. Examination 11
III. Area Wise Distribution of CFPCM Professionals Eligible for Certification 15
IV. Charter Member-wise numbers of CFPCM Certificants 17
V. Education Partners 19
VI. Continuous Education 21
VII. Ethics and Discipline / Practice Standards 23
VIII. Marks Promotion / Protection 23
IX. Current / Upcoming Events and Publication 24
X. List of Board of Directors 25
XI. List of Charter Members of FPSB India 26

I. Membership/CFP Professional Statistics I
1. Number of CFPCM Certificants and change since month

Number at end of Number at end of Percentage
Category
May, 2016 March, 2016 Growth
CFPCM Certificants 1,769 1,834 -3.54%
Student 35,430 35,156 0.78%
AFP 81 65 24.62%
Corporate 44 44 --
2. Demographic information on CFPCM Certificants

Percentage of Demographic Information on CFPCM Certificants
Gender Number
Total Number (Gender Wise)
Male 1437 81.23%
Female 332 18.77% 19%
Male
Female
81%
Percentage of Demographic Information on CFPCM Certificants

Age Number
total Number (Age Wise)
20-29 160 9.04%
30-39 720 40.70% 3% 9%
40-49 575 32.50% 15%
50-59 256 14.47% Age 20-29
Age 30-39
60+ 58 3.28% Age 40-49
41% Age 50-59
32%
Age 60+
Years of Number of CFP Percentage of Demographic Information on CFPCM Certificants

Experience professionals total Number (Experience Wise)
0-5 302 17.07%
6%
6-10 732 41.38% 10%
16%
11-15 445 25.16%

0-5 Years
16-20 186 10.51%
6-10 Years
20+ 104 5.88% 11-15 Years

26%
16-20 Years
20+ Years
42%
I Membership/CFP Professional Statistics
Student Member Enrollment Statistics - 2015 2016* Enrollments
Apr- May-
Term Total
16 16
Total 160 114 274
Enrollments & Growth Rate (Year-wise)

Enrollment Year No of Enrollments Growth Rate
2002 -03 284 NA
2003 -04 684 140.85
2004 -05 852 24.56
2005 -06 1,608 88.73
2006-07 2,443 51.87
2007-08 4,196 71.75
2008-09 3,867 (7.90)
2009-10 3,363 (12.98)
2010-11 4,391 30.57
2011-12 4,070 (7.31)
2012-13 3,132 (23.04)
2013-14 2,220 (49.32)
2014-15 1,877 (15.45)
2015-16 2169 15.56
2016-17* 274 --
Total 35,430
* As on 31st May, 2016
Year wise Trend of Candidates Passed vs.

Growth of Student Enrolment
Eligible for Certification
5000 6000
4500 Passed
5000
4000
3500 4000
3000
2500 3000
Student
Series1
2000 Eligible
Series1 Series2
1500
Enrolment 2000
1000
1000
500
0
0

Membership/CFP Professional Statistics I
Total Enrollments in the Year 2016-17 and Growth over previous year
Regular Pathway
Challenge Status
Period Education Partner Total Enrollments
Self Study Mode Total Pathway
Mode
Apr-May 2016 155 119 274 26 300
Change % 16.54% (13.77%) 1.11% (3.70%) 0.67%
April 2015 133 138 271 27 298
Change % : Percentage change in 2016-17 over the same period in 2015-16
Profile of Enrollments in the last three years

Regular Pathway
Challenge Status
Period Education Partner Total Enrollments
Mode
2015-16 944 1225 2169 439 2608
Change % (18%) 70% 16% 157% 27%
2014-15
1156 (20.60%) 721 (5.63%) 1877 (15.45%) 171 (40.83%) 2048 (18.37%)
Change %
2013-14
1456 (32.75%) 764 (20.99%) 2220 (29.12%) 289 (37.17%) 2509 (30.15%)
Change %
Figures in Bracket represent Percentage change over the previous year
Percentage of Enrollments Pathways and Modes in the last three years

Regular Pathway
Challenge Status
Period Education Total Enrollments
Partner Mode
2015-16 36% 47% 83% 17% 100%
2014-15 57% 35% 92% 8% 100%
2013-14 58% 30% 88% 12% 100%
Pass Percentage across Pathways and Modes in the last three years
Year Education Partner Mode Self Study Mode Challenge Status Pathway
2015-16 40% 43% 34%
2014-15 45% 46% 33%
2013-14 43% 48% 41%
Details of CFPCM Certificants statistics: 31st March, 2003

Independent Corporate
CFPCM certificants Practitioners Executives Others (O) Total Eligible Spl. Case# Not* Eligible Grand Total
(I) (C)
Grandfatherees (GF) 8 (GFI) 24 (GFC) 7 (GFO) 39 1 -- 39
Education Provider (EP) -- -- -- -- -- -- --
Challenge Status (CS) -- -- -- -- -- -- --
Total 8 24 7 39 1 -- 39

(I) (C)
Education Provider (EP) -- -- -- -- -- -- --
Total 8 66 8 82 1 -- 82

(I) (C)
Education Provider (EP) 19 (EPI) 5 (EPC) 2 (EPO) 26 -- 1 27
Total 28 90 10 128 1 1 129

(I) (C)
Grandfatherees (GF) 6 (GFI) 80 (GFC) 6 (GFO) 92 1 15 107
Education Provider (EP) 23 (EPI) 23 (EPC) 7 (EPO) 53 1 3 56
Total 29 103 13 145 2 18 163

(I) (C)
Challenge Status (CS) -- 11 (CSC) -- 11 -- -- 11
Total 59 156 24 239 2 43 282

(I) (C)
Challenge Status (CS) 4 (CSI) 24 (CSC) 1 (CSO) 29 1 0 29
Total 103 229 33 365 5 110 475

Membership/CFP Professional Statistics I

Others Total Fees Fees Not Spl. Not* Grand
CFPCM certificants Practitioners Executives
(O) Eligible Paid Paid Case# Eligible Total
(I) (C)
Grandfatherees (GF) 5 (GFI) 58 (GFC) 7 (GFO) 70 55 15 1 37 107
Education Provider (EP) 131 (EPI) 401 (EPC) 51(EPO) 583 453 130 3 303 886
Challenge Status (CS) 10 (CSI) 118 (CSC) 7 (CSO) 135 87 48 4 1 136
Total 146 577 65 788 595 193 8 341 1129

(I) (C)
Grandfatherees (GF) 4(GFI) 51 (GFC) 1 (GFO) 56 55 1 51 51 107
Education Provider (EP) 282 (EPI) 586 (EPC) 10 (EPO) 878 793 85 106 745 1,623
Total 314 900 12 1,226 1,049 177 175 815 2,041

(I) (C)
Grandfatherees (GF) 4(GFI) 51 (GFC) 1 (GFO) 56 55 1 51 51 107
Education Provider (EP) 282 (EPI) 586 (EPC) 10 (EPO) 878 793 85 106 745 1,623
Total 314 900 12 1,226 1,049 177 175 815 2,041

Fees for FY 2010 - 11 Not Eligible due to
Independent Corporate Recd. Recd. Fees Total

Others Total Before After Grand
CFPCM certificants Practitioners Executives Not Non- Incomplete Not
(O) Eligible 31st 31st Total Total
(I) (C) Paid Payment Documents Eligible
Mar Mar
10 10
Grandfatherees (GF) 4 (GFI) 51 (GFC) 1 (GFO) 56 31 21 52 4 51 0 51 107
Education Provider (EP) 338 (EPI) 812(EPC) 55(EPO) 1205 58 977 1,035 170 156 927 1083 2,288
Challenge Status (CS) 58 (CSI) 398 (CSC) 3 (CSO) 459 13 309 322 137 66 3 69 528
Total 400 1,261 59 1,720 102 1,307 1,409 311 273 930 1203 2,923

Fees for FY 2011-12 Not Eligible due to
Independent Corporate Before After Fees Total
Others Total Grand
CFPCM certificants Practitioners Executives 31st 31st Not Non- Incomplete Not
(O) Eligible Total Total
(I) (C) Mar Mar Paid Payment Documents Eligible
11 11
Education Provider (EP) 421 (EPI) 858 (EPC) 114 (EPO) 1393 0 1177 1177 216 264 1131 1395 2788
Total 493 1411 112 2022 9 1618 1627 395 465 1133 1598 3620

Others Total Grand
12 12
Total 547 1370 146 2063 9 1726 1735 328 718 1374 2092 4155

Others Total Grand
13 14
Total 555 1389 178 2122 91 1758 1849 273 970 1475 2445 4567

Others Total Grand
14 15
Total 578 1406 222 2206 48 1755 1803 403 1104 1638 2742 4948

Independent Corporate Fees Total
(O) Eligible 31-Mar 31-Mar Total Total
'15 '15

Total 580 1412 255 2247 53 1781 1834 413 1325 1735 3060 5307
Details of CFPCM Certificants statistics: As on 31st May, 2016

Independent Corporate Fees Total
(O) Eligible 31-Mar 31-Mar Total Total
'16 '16
Grandfatherees (GF) 4 (GFI) 40(GFC) 1 (GFO) 45 18 10 28 17 60 0 60 105

Total 577 1386 262 2225 1391 378 1769 456 1393 1765 3158 5383
*Not Eligible Candidates are those who have passed all the exams and are either in the process of complying with documentation to assess
their fitness or not meeting Fitness criteria such as adequate prescribed Experience, etc. The category also includes earlier certified individuals
who have not paid fees for one or more previous years and need to be recertified.

II. Examination II
1. Information on Examinations administered during FY 2016-2017*.

Number of
Total number of
Exam type students enrolled in Pass rate Date(s) of exam
exam takers
education courses
Serial Exam leading to CFP
274 860 48.84% Daily Basis
Certification (Exam 1-4)
CFP Certification Exam
26 195 38.97% Daily Basis
(Exam 5/Challenge Status)
Examination Statistics (Exam 1-4)
Examination Statistics - (2009 - 10)

Name of Exam Appeared Passed Failed Pass%
Exam 1 - Risk Analysis and Insurance Planning 2,281 1,165 1,116 51.07%
Exam 2 - Retirement Planning & Employee Benefits 2,355 1,280 1,075 54.35%
Exam 3 - Investment Planning 1,962 1,059 903 53.98%
Exam 4 - Tax & Estate Planning 1,749 952 797 54.43%
Total 8,347 4,456 3,891 53.38%
Examination Statistics - (2010 - 11)

Exam 1 - Risk Analysis and Insurance Planning 2229 1116 1113 50.07%
Exam 2 - Retirement Planning & Employee Benefits 2257 1051 1206 46.56%
Exam 3 - Investment Planning 1855 959 896 51.70%
Exam 4 - Tax & Estate Planning 1839 855 984 46.49%
Total 8180 3981 4199 48.67%
Examination Statistics - (2011-12)

Total 8233 3654 4579 44.38%
II Examination

Exam 2 - Retirement Planning & Employee Benefits 2012 852 1160 42.35 %
Exam 3 - Investment Planning 1609 751 858 46.67 %
Total 7504 3143 4361 41.88%

Total 4979 2170 2809 43.58%

Total 4487 1584 2903 35.30%

Total 4831 2070 2761 42.85%

Total 860 420 440 48.84%

Examination II
Month wise breakup of Examination Statistics for the year

2016-17
Examination Statistics - April 2016

Total 423 213 210 50.35%
Examination Statistics - May 2016

Total 437 207 230 47.37%
Examination Statistics (Exam 5 / Challenge Status Exam)
CFPCM Certification Exam 5 & CSP Examination Statistics 2009-10

Particulars Appeared Passed Failed Pass %
Total 1,610 912 698 56.65%

Total 1381 882 499 63.87%

Total 1198 711 487 59.35%

Total 1315 521 794 39.62%
II Examination
Examination Statistics (Exam 5 / Challenge Status Exam)

Total 985 429 556 43.55%

Total 903 366 537 40.53%

Total 926 360 566 38.88%

Total 195 76 119 38.97%
Month wise breakup of Exam 5 & CSP Statistics for the year
2016-17
April -16
Pathway Appeared Passed Failed Pass %
Regular 84 38 46 45.24%
Challenge Status 26 9 17 34.62%
Total 110 47 63 42.73%
May -16
Pathway Appeared Passed Failed Pass %
Regular 68 25 43 36.76%
Challenge Status 17 4 13 23.53%
Total 85 29 56 34.12%

III. Area-Wise Distribution Of Eligible
III
CFPCM Certificants
Region-Wise
Sr. No. Region Total % To Total Certificants
1 East 125 7%
2 North 302 17%
3 South 391 22%
4 West 951 54%
Total 1769 100%
City-Wise
Sr. No. City Total % To Total Certificants
1 Mumbai 608 34%
2 Delhi 131 7%
3 Bengaluru 144 8%
4 Pune 106 6%
5 Chennai 91 5%
6 Kolkata 76 4%
7 Ahmedabad 71 4%
8 Hyderabad 63 4%
Total top 8 cities 1290 73%
Other Cities 479 27%
Total Eligible Certificants 1769 100%
III Area-Wise Distribution Of Eligible CFPCM Certificants
State-Wise
Sr. No. City Total Certificants % to Total Certificants
1 Andhra Pradesh 86 5%
2 Assam 10 1%
3 Bihar 4 --
4 Chandigarh 5 --
5 Chhattisgarh 3 --
6 Delhi 133 8%
7 Goa 11 1%
8 Gujarat 142 8%
9 Haryana 38 2%
10 Himachal Pradesh 3 --
11 Jammu and Kashmir 1 --
12 Jharkhand 7 --
13 Karnataka 161 9%
14 Kerala 30 2%
15 Madhya Pradesh 32 2%
16 Maharashtra 761 43%
17 Manipur 1 --
18 Orissa 8 --
19 Pondicherry 1 --
20 Punjab 18 1%
21 Rajasthan 37 2%
22 Tamil Nadu 113 6%
23 Uttar Pradesh 64 4%
24 Uttarakhand 8 --
25 West Bengal 92 5%
Grand Total 1769

IV. Charter Member-wise numbers of
IV
CFPCM Certificants
Challenge Status Regular

Total
Pathway Pathway
2015-16 2016-17 2015-16 2016-17
Sr. No. Charter Members
As on As on As on As on 2015-16 2016-17
Mar 31, May 31, Mar 31, May 31,
2016 2016 2016 2016
1 Aditya Birla Money Mart Limited 0 4 0 0 0 4
2 ASK Wealth Advisors Private Limited 0 0 2 3 2 3
3 Axis Bank Limited 4 10 8 7 12 17
4 Bajaj Capital Limited 0 1 4 4 4 5
5 Barclays Securities (India) Private Limited 0 0 0 0 0 0
6 Birla Sun Life Insurance Company Limited 0 0 7 8 7 8
7 BNP Paribas Investments Services (I) P. Ltd. 0 2 0 0 0 2
8 Citibank N.A 0 8 1 1 1 9
9 Deutsche Bank AG 1 2 1 3 2 5
10 Dewan Housing Finance Corporation Ltd 0 0 0 0 0 0
11 Dynamic Equities Private Limited 0 0 0 0 0 0
12 Edelweiss Financial Services Limited 0 2 3 1 3 3
Franklin Templeton Asset Management (India)
13 0 3 4 3 4 6
Private Limited
14 Geojit BNP Paribas Financial Services Limited 1 0 4 2 5 2
15 HDFC Asset Management Company Limited 4 3 3 2 7 5
16 HSBC Limited 2 3 3 1 5 4
17 ICICI Bank Limited 14 14 7 8 21 22
ICICI Prudential Asset Management Company
18 1 1 2 9 3 10
Limited
19 ICICI Prudential Life Insurance Company Limited 4 5 8 9 12 14
20 ICICI Securities Limited 16 17 10 9 26 26
21 IFAN Finserv Private Limited 0 0 0 0 0 0
22 Karvy Stock Broking Limited 3 3 3 2 6 5
23 Kotak Mahindra Bank Limited 8 6 4 2 12 8
24 L&T Finance Holdings Limited 0 0 12 1 12 1
25 L&T Investment Management Limited 0 0 1 1 1 1
IV Charter Member-wise numbers of CFPCM Certificants
Challenge Status Regular

Total
Pathway Pathway
2015-16 2016-17 2015-16 2016-17
Sr. No. Charter Members
As on As on As on As on 2015-16 2016-17
Mar 31, May 31, Mar 31, May 31,
2016 2016 2016 2016
26 Life Insurance Corporation of India 12 16 19 23 31 39
27 Motilal Oswal Securities Limited 4 5 3 3 7 8
28 Monarch Networth Capital Limited 0 1 1 0 1 1
29 Padmakshi Financial Services Private Limited 0 0 0 0 0 0
30 PNB Metlife Insurance Company Limited 0 1 0 0 0 1
Principal PNB Assets Management Company
31 0 1 1 0 1 1
Private Limited
32 Reliance Capital Asset Management Limited 1 0 0 1 1 1
33 Reliance Life Insurance Company Limited 2 3 2 4 4 7
34 Reliance Securities Limited 4 3 0 0 4 3
35 Religare Enterprises Limited 17 17 3 5 20 22
36 SBI Funds Management Private Limited 4 2 4 3 8 5
37 SBI Life Insurance Company Limited 0 2 0 1 0 3
38 SKP Securities Limited 0 0 0 0 0 0
39 Standard Chartered Bank 2 2 0 1 2 3
40 State Bank of India 46 45 30 27 76 72
41 TATA AIA Life Insurance Company Limited 0 1 6 8 6 9
42 TATA Asset Management Limited 2 2 0 0 2 2
43 UTI AMC Limited 17 17 0 6 17 23
44 World Gold Council 0 0 5 0 5 0
Grand Total 169 202 161 158 330 360

V. Education Partners
V
Education Partners: The following Education Partners have been authorized to provide CFPCM Certification Education Program
in India.
S.No. EP Name Contact Person Designation Address Contact No Email ID

8 Hiral Arcade Opp. New
Abhinandan Institute Of AIFP@CEMENTHOUSE.
1 Ms. Neha Bhatt Manager Civil Court, Athwalines, +91-261-4028080
Financial Planning(AIFP) NET
Surat
26/32, Pal Mohan
ACE School for VP(Trainings and +91-11-45050202,
2 Ms. Charu Kaushik Sadan,East Patel info@asps.edu.in
Professional Studies content), +91-9560400711
Nagar,Delhi-110008
Madhur Corporate, 2/2 +91-0731-
South Tukognaj, Behing 4020950/4020945,
3 Altius Mr. Rajanish Khare Director cfp@altius.ac.in
Silver Mall, Indore - +91-7566000444, +91-
452001 7566000555
53, Ashawadi, S.V. Road,
Opp. Shopper's Stop,
Ambition Learning +91-9930805522, +91- info@ambitionlearning.
4 Mr. Vishal Gada Director Behind Yashwant Nagar,
Solutions 22-26244248 com
Andheri West, Mumbai
400058
Anagram Knowledge
Academy LTD. 3rd Floor,
Anagram Knowledge Jr. Knowledge Hertage Square, Opp. prashant.shah@
5 Mr. Prashant V Shah +91-9227408080
Academy Ltd. Officer Atlanta Tower, Gulbai knowledgeacademy.in
Tekra, Ahmedabad
380015
3rd Floor, "Swapnil" Bldg.
Head - Business Nr. Navrangpura cross +91-79-26460870,+91- sevak.ajay@
6 Arihant Institute Pvt.Ltd Mr. Ajay Sevak
Development Road, Navrangpura, 9825078724 arihantinstitute.com
Ahmedabad - 380 009
Gulab Bhawan, 4th Floor,
BLB Institute of Financial
7 Mr. G.C. Sharma Director 6, Bahadur Shah Zafar +91-11-43702201/202 gcsharma@bifm.edu.in
Markets (BIFM)
Marg, New Delhi-2
1st Floor, Doulatram
FINANCIAL PLANNING Mr. Ninad M Chief Learning +91-22-22797404,
8 Mansion, Kitridge Road, info@fpacademy.in
ACADEMY (FPA) Mondkar Officer +91-9322637748
Colaba, Mumbai - 400005
B/201 Hemu Classic
+91-22-
Shopping Centre, Opp.
9 Finstitute Ms. Urvi Prajapati Coodinator 28887964/66930993, contact@finstitute.in
New Era, S.V.Road,Malad-
91-9321106767
West, Mumbai-400064
B-12, Dattani Tower, Nr.
Global School of Financial Macdonalds, S.V. Road, +91-22-28980730, chhaya.kothari@gmail.
10 Ms. Chhaya Kothari CFP
Planning Borivali (W), Mumbai - +91-9820125548 com
400 092.
Shree Krishna niwas, 3rd
Gurukulonline Learning floor, Shraddhanand +91-22-26141111,
11 Mr. Manish Jain Vice President mjain@gols.in
Solutions Road Extn, Vile Parle (E), +91-9322198917
Mumbai - 400 057
H. L. Centre for
Professional Education,
+91-79-32915262,
H. L. Centre for H. L. College Campus,
12 Mr. G. A. Pathak Director +91-9426173888/ gapathak@hlcpe.ac.in
Professional Education University Road,
9426372176
Navrangpura, Ahmedabad
- 380 009
7/113, 1st floor, Raj
I Nurture Education Classic, Dr. Raj Kumar
13 Ms. Sharvari Faculty +91-9611103211 sharvari@inurture.co.in
Solutions Pvt. Ltd. Road, Rajajinagar,
Bangalore
IACT Global IACT
+91-9990843821, +91-
14 IACT Global Mr. Nisha Acharya Operations Corporate Office E-28, info@iactglobal.in
120-4789842
Sector-8 Noida: 201301
2E/8, 2nd Floor,
Programme +91-11-43166700,
15 IIFP Mr. Niamatullah Jhandewalan Ext., New contact@iifp.in
Director +91-9953755092
Delhi - 110055
Farha Tower, 1st Floor,
IIJT-Indian Institute of Job adjacent to Barton centre,
16 Mr. Shajan Samuel Divisional Head +91-9886727272 shajan.samuel@iijt.net
Training 83 Mg road, Bangalore:
560001
V Education Partners
S.No. EP Name Contact Person Designation Address Contact No Email ID

Indian School of Business Relationship 15 A, Ring Road, Lajpat Nagar
17 Head CFP Admissions +91-11-40430000 cffp@isbf.edu.in
& Finance Executive IV, New Delhi - 110024
3rd Floor, Gulab Bhawan, Near
International College of Joint Regional Times of India, 6, Bahadur
18 Mr. Rajiv Seth +91-9910588001 rajiv@icofp.org
Financial Planning Sales Head Shah Jafar Marg, New
Delhi-01
7th Floor, "B" Wing, BSEL Tech
ITM Institute of Financial Ms. Sabyasachi Asst. Prof. +91-9223313462, 022-
19 Park, Opp. Vashi Station, Navi sabyaafp@itm.edu
Markets Mukherjee Finance 27814772
Mumbai-400705
# 33, 2nd Floor, Prabhakar
Knowise Learning Reddy Complex, 6th C Main, +91-80-41726535,
20 Mr. Karthick C S karthick.cs@knowise.co.in
Academy HMT Layout, R T Nagar, +91-9980166321
Bangalore - 560032
L.J. Center for Professional +91-79-
21 Mr. Viral Shah Center Head Infotower Ahmedabad-380015 info@ljbs.in
Studies (LJBS) 30120116/26742878
Mandar Learning Suite #305 A, 10A Hospital
22 Mr. Suman Bhadra Incharge +91-33-22155590 info@mandarfin.com
Academy Pvt Ltd Street, Kolkata-700072 (INDIA)
HeadFinancial 220, 2nd floor, Neptune's
MT Educare Ltd.(A holding Learning "Flying Colours", Pandit
divyengada@mteducare.
23 Company of Mahesh Mr. Divyen Gada Programme& Din Dayal Upadhay Marg, +919820833373
com
Tutorials) BDOM for MT LBS cross road, Mulund(W),
UVA Mumbai - 400080
NJ Center 'B' Tower,801,Udhna
Udyog Nagar Commercial
24 NJ Gurukul Pvt. Ltd. Mr. Ajay Jariwala +91-9327022995 info@njgurukul.com
Complex,Central Road No.
10,Udhna, Surat-394210
Pune Institute Survey No. 499, Near Manas
Pune Institute of Business +91-9325666621, +91-
25 of Business Resort, Bhugaon, Tal -
Management 20-67903100/103
Management Mulashi, Paud, Pune- 411042
AISF Building, ADJ: Lady
RNIS College of Financial
26 Mr. H S Bansil PD Sriram College, Amar Colony, +91- 9818665534 hsbansil@rniscfp.org
Planning
Lajpat Nagar-IV, New Delhi
Senior
Sambodhi Research & B 23, Lajpat Nagar II, New
27 Ms. Banani Ganguly Counsellor - +91-11-49242400-99 admissions@srmi.in
Management Institute Delhi - 110024
Admissions
SBMJC - Center for
1/1-1; Atria Towers Palace raghuanand@jaingroup.
28 Financial Planning & Mr. Raghu G Anand Manager +91-80-22353216/120
Road, Bangalore 560 001 info
Management
301, BPS Plaza, Devidayal +91-2232223451,
Mr. Dilip Gala / Ms. contact@smileeducation.
29 Smile Education Pvt. Ltd. CEO Road ,Mulund (W), Mumbai +91-67731152/
Anu Binny in
- 400080 9867731687
1. 201/A, Frontline Lake
Stratagem Financial Shore Towers,Rajbhavan tanvi.agarwal@stratagem.
30 Ms. Tanvi Agarwal Head Operations +91-9866800093
School Road, Somajiguda, co.in
Hyderabad-500082
8th Floor, Ansal Classique
The New Era Education
31 Ms. Srishti Sehgal Tower, Rajouri Garden, New +91-9650391592 srishtisehgal@nips.co.in
Society
Delhi- 110027
New No. 45-10, NSR road,
Topdot Academic &
Saibaba Colony, (Rear side of +91-422-2400655+91-
32 Professional Services Mr. S. Ganesan Director taps.topdot@gmail.com
Reliance Mobile Showroom) 9444608540
P.LTD
Coimbatore 641011
Trinity House, Plot No.5/B, info@
Trinity Global Education Executive
33 Mr. Anand Kulkarni Qureshi Nagar, Kurla (East), +91-22-61238700 trinityglobaleducation.
Private Ltd Director
Mumbai 400 070. com
413, 4th Floor, Bussa Industrial
Estate, Hanuman Lane, off
+91-9819911914 /
Vantage Institute of Mr.Rajesh Dedhia/ Ganpatrao Kadam Marg,
34 Director +91-22-66101186 / info@vantagein.co.in
Financial Markets Mr.Dipesh Rambhia Near Peninsula Corporate
66100748
Park, Lower Parel, W, Mumbai
400013

VI. Continuous Education
VI
Continuous Education:
FPSB India awarded CE points to the CFPCM certificants for the following:
CE Points Validity of Relevant

Sr. No. CE Category CE Program/ Activity (CEPs) Program/ Remarks Documents
Admissible Activity Admissible
Authorship of Book on Finance
Book to be completed Soft/Hard copy or
or any component of Financial 15 Ongoing
in the validity period link of book
Planning*
Authorship of articles in Print/ Published date of the
Soft/Hard copy or
Electronic Media/Financial 5 Ongoing article to be in the
link of article
Planning Journal validity period
1 Authorship
Published interview in print media Published date/
Soft/Hard copy or
or interview/ panel discussion in 5 30-Sept-15 telecast date to be in
link of interview
electronic media the validity period
Published quotes in print media or Published date/
Soft/Hard copy or
viewpoint/bite in electronic media 2 30-Sept-15 telecast date to be in
link of article
(per article or appearance) the validity period
Professional Courses and Date of completion Photocopy of
Certifications (Actuary, CA, CFA, 15 Ongoing to be in the validity passing certificate
CAIIB, JAIIB, ICWA, CS) period /degree
Higher Academic Qualifications
Date of completion Photocopy of
(Post Graduate or Doctorate in
15 Ongoing to be in the validity passing certificate
Finance, Economics, Econometrics,
period /degree
2 Qualification Mathematics/ Statistics, Law)
Licentiate/Associate/Fellowship Date of completion Photocopy of
of Life Insurance from Insurance 10 Ongoing to be in the validity passing certificate
Institute of India period /degree
MBA (Finance- Part Time) /(except
10 Ongoing to be in the validity passing certificate
Finance- Full Time)
period /degree
Mandatory Certifications (NISM- Date of completion
Photocopy of
MF, IRDA) other relevant courses 2 30-Sept-15 to be in the validity
passing certificate
of NCFM, BSE, IIBF, NISM, etc. period
Aspiration relevant courses of Date of completion Photocopy of
Certification/
3 at least 1-year duration run by 10 Ongoing to be in the validity passing certificate
Courses
professional education entities period /degree
LOMA Certification 10 Ongoing to be in the validity passing certificate
period /degree
Events, Seminars, Round Table/
Participation
Conference, Financial Planning
Date of event to be in Certificate/
Congress, etc. and Workshops 5 Ongoing
the validity period Attendance sheet
organized and /or pre-approved
and Event Agenda
by FPSB India or FPCIL
Other events related to one of the Participation
Financial Planning components* Date of event to be in Certificate/
2 30-Sept-15
or other relevant matters on the validity period Attendance sheet
Events/ Economy and Finance and Event Agenda
4
Meetings
Participation
Starting Date of
Financial Planning Associations Certificate/
10 Ongoing convention to be in
(FPA) Annual Convention in US Attendance sheet
the validity period
and Event Agenda
Participation
Meetings of the Board of FPSB Date of meeting to be Certificate/
3 Ongoing
India and appointed Committees in the validity period Attendance sheet
and Event Agenda
VI Continuous Education
CE Points Validity of Relevant

Sr. No. CE Category CE Program/ Activity (CEPs) Program/ Remarks Documents
Admissible Activity Admissible
Participation
Events/ Board Meetings of entities in the Date of meeting to be Certificate/
4 3 Ongoing
Meetings BFSI sector in the validity period Attendance sheet
and Event Agenda
Quiz in the Financial Planning Month of Journal/
5 Quiz Journal or solving queries in the 4 Ongoing quiz to be in the Result Sheet
Newspapers/other journals validity period
Acknowledgment
Training and Teaching letter from the
assignments other than College/Institute
performed/undertaken as part of Sessions to be in the mentioning
6 Teaching 5 30-Sept-15
profession (Workshops, Institutes, validity period. the date, topic
Classroom teaching, etc.) (Full day & number of
assignment) hours of lecture/
training/workshop
Acknowledgment
letter from the
College/ Institute
mentioning
Speakership in a Seminar, Date of event to be in
7 Speakership 5 30-Sept-15 the date, topic
Convention, Conference, etc. the validity period
& number
of hours of
lecture/ training/
workshop
Pro bono work which can be The construction and
classified as voluntary contribution submission of the Copy of the
Pro bono to the community helping the Financial Plan has to Financial Plan in
8 5 Ongoing
work deprived people with transfer be in the applicable case of Pro bono
of knowledge culminating into period for the award work
construction of Financial Plan of CEPs
Participation
Certificate/
Participation in TV Shows/ Date of Show to be in
3 30-Sept-15 Attendance sheet
interviews the validity period
& Event Agenda/
Event schedule
9 Others
Participation
Certificate/
Answering questions/Queries in Date to be in the
3 30-Sept-15 Attendance sheet
newspaper/magazines validity period
& Event Agenda/
Event schedule
* Components of Financial Planning: Financial Management, Asset Management, Risk Management or Insurance
Planning,Tax Planning, Retirement Planning and Estate Planning
Important Points:
The requirement of acquiring 15 CE points (CEPs) is immediately after the issue of initial certification and falls due when the
1
Certificants renews his/her certification at annual intervals.
2 The CEPs are to be acquired in certification period and any excess points are not carried forward in the next certification period.
The failure to renew on due date apart from late renewal penalty entails requirement of earning extra CEPs only beyond 6 months
3
of due date of renewal.
Failure to fulfill the Continuous Education criterion within the prescribed period will result in non-renewal of CFP Certification and
4
will also preclude any use of the CFP marks by the Certificants.
Unsupported, misstated or fraudulent reporting of CE credits shall be viewed seriously and may call for action by FPSB India and
5
may be a ground for disciplinary action leading to revocation of the CFP Certification.

VII. Ethics and Discipline / Practice
VII
Standards
Ethics/Practice Standards disciplinary cases Number of cases

Cases opened NIL
Cases concluded NIL
Number of public disciplines NIL
VIII. Marks Promotion/Protection

VIII
Number of unauthorized use/misuse of the marks cases processed during the quarter.
Marks disciplinary cases Number of cases

Unauthorized Use *
Cases opened 1
Cases concluded 1
Misuse **
Cases Opened -
Cases Concluded -
* Unauthorized use cases = Individuals/entities use the Marks without being licensed to do so.
** Misuse cases = Properly licensed individuals/entities use the Marks in a manner which does not
comply with FPSB guidelines/trademark law.
IX. Current / Upcoming Events
IX
List of current/upcoming events for inclusion on FPSB Indias website that will be of interest to
FPSB Indias stakeholders
No. of Total
Sr. No. From Date To Date Workshop Theme Venue Speakers Category
Days Participant
Team KM FPSB
1 20-May-16 21-May-16 2 Faculty Development Program Mumbai 5 Training
India
Tax Planning through HUF and
1 14-May-16 14-May-16 1 Mumbai Mr. Balwant Jain 15 Workshop
Private Trusts
Tax Planning through HUF and
2 23-Apr-16 23-Apr-16 1 Mumbai Mr. Balwant Jain 15 Workshop
Private Trusts
Training Program for Final Mr. Puttaswamy Exam 5
2 18-Mar-16 19-Mar-16 2 Mumbai 15
Module (Exam 5) Gowda Training
Training Program for Final Mr. Puttaswamy Exam 5
3 26-Feb-16 27-Feb-16 2 Mumbai 19
Module (Exam 5) Gowda Training
Workshop on "Measurement of
4 06-Feb-16 06-Feb-16 1 Delhi Prof. Rishi Mehra 17 Workshop
Portfolio Risk & Return"
Workshop on "Financial Plan Mr. Puttaswamy
5 09-Jan-16 09-Jan-16 1 Mumbai 15 Workshop
Contruction" Gowda
Workshop on "Equity Valuation-
6 20-Dec-15 20-Dec-15 1 Delhi Dr. Vinod Kumar 21 Workshop
A Practical Approach"
Workshop on "Financial Plan Mr. Puttaswamy
7 19-Dec-15 19-Dec-15 1 Mumbai 19 Workshop
Contruction" Gowda
Workshop on Real
8 28-Nov-15 28-Nov-15 1 Estate,Reverse Mortgage & Mumbai Mr. Balwant Jain 22 Workshop
Taxation Aspect of Property
Workshop on The Art of
9 28-Nov-15 28-Nov-15 1 Delhi Mr. Surya Bhatia 35 Workshop
Drawing a Financial Plan
Workshop on NRI Taxation to
10 31-Oct-15 31-Oct-15 1 Mumbai Mr. Arvind Rao 55 Workshop
be held on October 31st 2015
Alexa.com Ranking of FPSB Indias website Date Alexa India Rank

The ranking of FPSB Indias website www.fpsbindia.org improved 31-Mar-2014 42,963
drastically to around 10,000 in the run up to March, 2010 from 31-Mar-2015 71,387
73,530 as in November, 2009. The ranking is in terms of traffic
of visitors on our website and is confined to within the Indian 30-Apr-2016 33,257
territory. 31-May-2016 34,486
S. No. Issue Title Cover Story

1 December 2013 - January 2014 The Changing Face of Real Estate
2 February-March 2014 Insurance Brokers - An Essential Link In Insurance Distribution
3 April-May 2014 All about Crowdfunding
4 June-July 2014 The Credit Score Conundrum
5 August-September 2014 Real Estate Investment Trusts An Emerging Asset Class
6 October-November 2014 The rise of automated advisory
Couples and Money Management - Engaging both partners for comprehensive
7 December 2014 - January 2015
advisories
8 February - March 2015 Thumb Rules When they work and when they dont
9 April - May 2015 The Power of Storytelling in Financial Advisory
10 October - November 2015 With Digitisation, Will Indians Attitude Towards Gold Change?
11 December 2015 - January 2016 Unlocking Home Equity During Silver Years by Reverse Mortgage
12 January - February 2016 Save More ! Spend Less ! Build Wealth ! Follow Prudent & Creative Strategies
13 March - April 2016 World of Financial Apps: Engaging Tools for the Tech-Savvy Planners

X. List of Board of Directors
X
The updated list of FPSB Indias Board of Directors is given below:
S.No Name Designation Company
Former Judge,
Supreme Court of India and
Justice (Retd.) Shri
1 Chairman Former Chairman,
B.N.Srikrishna
Financial Sector Legislative Reforms Commission
(FSLRC)
Vice Chairman and Vice Chairman & Chief Executive Officer
2 Mr. Ranjeet S Mudholkar, CFPCM
Chief Executive Officer FPSB India
3 Mr. Cyril Shroff Director Managing Partner, Cyril Amarchand Mangaldas
Managing Director & Chief Executive Officer,
4 Mr. Dinesh Khara Director
SBI Funds Management Pvt. Ltd.
Editor-Mint Money,
5 Ms. Monika Halan, CFPCM Director
HT Media Ltd.
President & Whole Time Director,
6 Mr. N Sivaraman Director
L&T Finance Holdings Ltd.
Managing Director & Chief Executive Officer,
7 Mr. Pankaj Mathpal, CFPCM Director
Optima Money Managers Pvt. Ltd.
Group Chief Executive officer,
8 Mr. Sachindra Nath Director
Religare Enterprises Ltd.
Wadhawan Global Capital Pvt Ltd,
9 Mr. Suresh Mahalingam Director Hold Company of Dewan Housing
Finance Corporation Ltd.
XI. List of Charter Members of
XI
FPSB India
The updated list of Charter Members of FPSB India is given below:
S.No. Company Representative Designation

1 Aditya Birla Money Mart Limited Mr. Pankaj Razdan Deputy CEO - Financial Services
2 ASK Wealth Advisors Private Limited Mr. Rajesh Saluja CEO & Managing Partner
Mr. Satheesh
3 Axis Bank Limited SVP & Head - Affluent Business
Krishnamurthy
Vice Chairman & Managing
4 Bajaj Capital Limited Mr. Rajiv Deep Bajaj
Director
5 Barclays Securities (India) Private Limited Mr. Satya Narayan Bansal CEO - Barclays Wealth
6 Birla Sun Life Insurance Company Limited Mr. Ajay Srinivasan Chief Executive Financial Services
7 BNP Paribas Investments Services (I) P. Ltd. Mr. Himanshu Mehta Managing Director & CEO
8 Citibank N.A Ms. Jaya Singh Investment Product Head
Managing Director / Head, Western
9 Deutsche Bank AG Mr. Atin Kumar Saha
region
Member-Group Management
10 Dewan Housing Finance Corporation Ltd Mr. Suresh Mahalingam
Centre
11 Dynamic Equities Private Limited Mr. Shailesh Saraf Managing Director
12 Edelweiss Financial Services Limited Mr. Vikass M Sachdeva Chief Executive Officer
Franklin Templeton Asset Management (India)
13 Mr. Vivek Kudva MD India & CEEMEA
Private Limited
14 Geojit BNP Paribas Financial Services Limited Mr. C.J. George Managing Director
15 HDFC Asset Management Company Limited Mr. Milind Barve Managing Director & CEO
16 HSBC Limited Mr. Gautam Kalia Vice President Investments
17 ICICI Bank Limited Dr. G Ramachandran Head Global Research Group
ICICI Prudential Asset Management Company
18 Mr. Nimesh Shah Managing Director
Limited
19 ICICI Prudential Life Insurance Company Limited Mr. Puneet Nanda Executive Director
20 ICICI Securities Limited Mr. Anup Bagchi Managing Director & CEO
21 IFAN Finserv Private Limited Mr. Rajan Pathak Vice President & National Head
22 Karvy Stock Broking Limited Ms. Jharna Agarwal Head - Products
23 Kotak Mahindra Bank Limited Mr. C. Jayaram Joint Managing Director
24 L&T Finance Holdings Limited Mr. N Sivaraman President & Whole Time Director
25 L&T Investment Management Limited Mr. Kailash Kulkarni Chief Executive Officer

List of Charter Members of FPSB India XI
S.No. Company Representative Designation

26 Life Insurance Corporation of India Mr. S.K. Roy Chairman
27 Motilal Oswal Securities Limited Mr. Aashish Somaiyaa MD & CEO
28 Monarch Networth Capital Limited Mr. S.P. Jain Chairman & Managing Director
29 Padmakshi Financial Services Private Limited Mr. Rohit Chotani Group Director
30 PNB Metlife Insurance Company Limited Mr. Tarun Chugh Managing Director
Principal Pnb Asset Management Company
31 Mr. Lalit Vij Managing Director
Private Limited
32 Reliance Capital Asset Management Limited Mr. Sundeep Sikka President & CEO
33 Reliance Life Insurance Company Limited Mr. Anup Rau CEO & Executive Director
34 Reliance Securities Limited Mr. B. Gopkumar Chief Executive Officer
35 Religare Enterprises Limited Mr. Sunil Godhwani Chairman & Managing Director
36 SBI Funds Management Private Limited Mr. Dinesh Kumar Khara Managing Director & CEO
37 SBI Life Insurance Company Limited Mr. Arijit Basu Managing Director & CEO
38 SKP Securities Limited Mr. Naresh Pachisia Managing Director
Head Relationship Management -
39 Standard Chartered Bank Mr. Vishal Kapoor
Pvt. Bank India
Mr. Rabindra Kumar
40 State Bank of India Premier Banking Services, PBBU
Mohanty
41 TATA AIA Life Insurance Company Limited Mr. Naveen Tahilyani Managing Director & CEO
42 TATA Asset Management Limited Mr.R Ganesh CEO & MD
43 UTI AMC Limited Mr. Debashish Mohanty Country Head Retail Sales
44 World Gold Council Mr. Somasundaram PR Managing Director

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FPSB INDIA

Date : 08 June 2016

I. Membership / CFP Professional Statistics 5

III. Area Wise Distribution of CFPCM Professionals Eligible for Certification 15

IV. Charter Member-wise numbers of CFPCM Certificants 17

VI. Continuous Education 21

VII. Ethics and Discipline / Practice Standards 23

VIII. Marks Promotion / Protection 23

IX. Current / Upcoming Events and Publication 24

X. List of Board of Directors 25

XI. List of Charter Members of FPSB India 26

FPSB INDIA | MAY REPORT | 2016 | 4

1. Number of CFPCM Certificants and change since month

2. Demographic information on CFPCM Certificants

Percentage of Demographic Information on CFPCM Certificants

40-49 575 32.50% 15%

50-59 256 14.47% Age 20-29

Years of Number of CFP Percentage of Demographic Information on CFPCM Certificants

11-15 445 25.16%

20+ 104 5.88% 11-15 Years

Student Member Enrollment Statistics - 2015 2016* Enrollments

Total 160 114 274

Enrollments & Growth Rate (Year-wise)

Year wise Trend of Candidates Passed vs.

FPSB INDIA | MAY REPORT | 2016 | 6

Profile of Enrollments in the last three years

Percentage of Enrollments Pathways and Modes in the last three years

Details of CFPCM Certificants statistics: 31st March, 2003

Details of CFPCM Certificants statistics: 31st March, 2004

Details of CFPCM Certificants statistics: 31st March, 2005

Details of CFPCM Certificants statistics: 31st March, 2006

Details of CFPCM Certificants statistics: 31st March, 2007

Details of CFPCM Certificants statistics: 31st March, 2008

FPSB INDIA | MAY REPORT | 2016 | 8

Details of CFPCM Certificants statistics: 31st March, 2009

Details of CFPCM Certificants statistics: 31st March, 2010

Details of CFPCM Certificants statistics: 31st March, 2011

Details of CFPCM Certificants statistics: 31st March, 2011

Independent Corporate Recd. Recd. Fees Total

Details of CFPCM Certificants statistics: 31st March, 2012

Details of CFPCM Certificants statistics: 31st March, 2013

Details of CFPCM Certificants statistics: 31st March, 2014

Details of CFPCM Certificants statistics: 31st March, 2015

Details of CFPCM Certificants statistics: 31st March, 2016

Grandfatherees (GF) 4 (GFI) 40 (GFC) 1 (GFO) 45 5 32 37 8 60 0 60 105

Details of CFPCM Certificants statistics: As on 31st May, 2016

Grandfatherees (GF) 4 (GFI) 40(GFC) 1 (GFO) 45 18 10 28 17 60 0 60 105

FPSB INDIA | MAY REPORT | 2016 | 10

1. Information on Examinations administered during FY 2016-2017*.

Examination Statistics (Exam 1-4)

Examination Statistics - (2009 - 10)

Examination Statistics - (2010 - 11)

Examination Statistics - (2011-12)

Examination Statistics - (2012-13)

Examination Statistics - (2013-14)

Examination Statistics - (2014-15)

Examination Statistics - (2015-16)

Examination Statistics - (2016-17)

FPSB INDIA | MAY REPORT | 2016 | 12

Month wise breakup of Examination Statistics for the year

Examination Statistics - April 2016

Examination Statistics - May 2016

Examination Statistics (Exam 5 / Challenge Status Exam)