Program Offers Exposure to 50 Financial Planners

The eight-week virtual curriculum is designed to help people succeed in the financial planning profession.

By Rethinking65

Registration is open until June 1 for a unique program that provides 180 experience hours toward a CFP designation.

Hannah Moore, CFP, a recipient of the FPA’s Heart of Financial Planning Award, created the program — The Externship — now in its fourth year. This year’s program will run from June 5 – July 28 and costs $299.

The Externship’s story and impact

Moore, founder of Amplified Planning, created The Externship in 2020 as a response to Covid. It was originally designed for college juniors and seniors who lost their internships. Since then, it has also attracted career changers, people reentering the workforce, entrepreneurs, and even current financial planners looking for professional development opportunities, according to a press release.

“Four years later, The Externship is positioned as a must-attend rigorous training program for future, new and established planners alike,” said the release. The program’s virtual and experiential structure will show participants what their career could look like and provides them with the framework, knowledge and skills necessary to succeed.

The 2023 program

This year’s program and curriculum includes:

  • An 8-week program, taught by more than 50 financial professionals and industry experts who instruct on critical areas including retirement planning, investment management, and tax and estate planning.
  • Real-life client scenario case studies that follow actual clients and their planners through multiple meetings and important financial decisions.
  • Assignments that allow externs to step into the role of planner. Externs will also receive feedback, helping them make strides in the quality of their deliverables.
  • Access to industry-leading technology tools that help with real life workflows.
  • Special content and extension courses that explain the various roles available in advisory firms.
  • A place for partnering companies to post job opportunities.
  • A toolkit and guide to help firms use the curriculum to amplify their own summer internship programs.

“We hear from firms large and small that companies want to give their summer interns meaningful experiences, but that they don’t have the personnel or curriculum to make it a reality. This new program is designed to do just that,” said Moore.

Support from strategic partners

Charles Schwab, with its RIAConnect® program, is The Externship’s lead partner. Other partners include e-Money Advisor, the CFP Board, Kaplan, XY Planning Network, Income Lab, Asset Map, LPL Financial, Morningstar, Redtail and the FPA.

In 2022, nearly 700 students registered for The Externship. Approximately 42% identified as females, 11% identified as Black or African American, 10.5% identified as Asian and 9.7% identified as Hispanic. Learn more about The Externship at Externship – Amplified Planning.



Latest news

Carson Group: Still Too Few Women in Wealth Management

Its latest report confirms the industry has made little progress in gender diversity despite a lot of talk.

Supreme Court Seems Wary of SEC’s In-House Tribunals Without Juries

The Supreme Court discussed a case involving a hedge fund manager in which the SEC brought a civil enforcement proceeding that charged he mislead investors.

Annuity Sales Continue March Upward

Annuity sales are set to have another record-breaking year, based on results in the third quarter.

Humana, Cigna in Talks to Merge

A deal would give Cigna a much greater foothold in the fast-growing market for managing federal Medicare plans for older Americans.

Aretha Franklin’s Sons Awarded Late Singer’s Real Estate

They now own the late singer's real estate after a judge ruled that a handwritten will found hidden in her sofa was the correct document.

The Wit and Wisdom of the Late Charlie Munger

Charlie Munger, Warren Buffett's deputy who helped transform Berkshire Hathaway into a conglomerate, will be remembered, in part, for comments like these.