Français   Login 
File a Complaint Against Your Financial Advisor/Planner

FSRA Approved Designations in Ontario

In Ontario, the Financial Professionals Title Protection Act, 2019 was proclaimed into force on March 28, 2022. The title protection framework limits the use of the title 'Financial Planner' and 'Financial Advisor' to individuals who have obtained an approved credential from an approved credentialing body.

The Financial Services Regulatory Authority of Ontario (FSRA) is the regulatory body for Financial Planner and Financial Advisor title use. Under the Financial Professionals Title Protection Rule, FSRA approves and oversees credentialing bodies to ensure they have policies and procedures in place for the effective administration of a credentialing program, including oversight of their credential holders.

The Canadian Institute of Financial Planning (CIFP) is approved as a credentialing body by FSRA under the Financial Professionals Title Protection Framework to grant and oversee Financial Planner and Financial Advisor title use in Ontario.

View the Press Release - Fourth Credentialing Body Approved for Financial Planner and Financial Advisor Title Use in Ontario.

On March 22, 2024, the Financial Services Regulatory Authority of Ontario approved CIFP's Chartered Financial Planner® designation for individuals using the Financial Planner title in Ontario. This marks the fourth CIFP designation approved by FSRA.

View the Announcement - New designation approved for Financial Planner title use in Ontario.

Other designations sponsored by the Canadian Institute of Financial Planning that are FSRA-approved credentials for individuals holding out as either a Financial Planner or a Financial Advisor in Ontario include:

Financial Services Regulatory Authority of Ontario (FRSA)

Regulatory Update – FSRA Reminder on Financial Planner Title Deadline

The Financial Services Regulatory Authority of Ontario (FSRA) has issued a reminder that the transition period for individuals using the Financial Planner title without a FSRA-approved credential is approaching its deadline.

The deadline is March 28, 2026. After this date, individuals who do not hold an approved credential will no longer be permitted to use the Financial Planner title in Ontario.

Read the full FSRA announcement: March 28 deadline nears for Financial Planner title users without FSRA-approved credentials .