Skip to content
menu

Advanced Diploma of Financial Planning

FNS60415
Average Course Fee: $3800
Average Duration: 1 Year

This qualification is for financial planners who provide a comprehensive range of financial planning services across a variety of product environments, including those involving complex issues and/or innovative strategies. Individuals in these roles require well-developed skills and a broad knowledge base of the financial planning sector and the ASIC regulatory framework. At this level individuals are expected to apply specialist skills and knowledge in a range of situations to deal with complex situations and issues. They work across a broad range of technical or management functions with accountability for personal outputs and for team outcomes.

Licensing/Regulatory Information

Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements.

These are the outcomes of graduates surveyed six months after completing their training for similar courses 'Advanced Diploma in the field of Management and Commerce'

86.0%

Satisfied with the training
56.0%

Received job-related
benefits from training
Financial Investment Adviser ( ANZSCO code 222311)
Expected job openings
Expected job openings are: above average Low Below average Average Above average High
Above average
51,800 persons were employed as Financial Investment Advisers and Managers in 2015. Job openings over the next 5 years are expected to be between 25,001 and 50,000.
Average weekly full time earnings
Average weekly full time earnings are: high Low Below average Average Above average High
High
Average weekly full time earnings before tax for Financial Investment Advisers and Managers in 2014 are: $1,753. Average earnings for all occupations are: $1,200
Source: Department of Employment. For full details on Financial Investment Advisers and Managers visit Job Outlook

The entry requirement for this qualification is completion of the following units of competency, from the core of the Diploma in Financial Planning or their equivalent from a previous version of the FNS Training Package. These are:

FNSASICZ503* Provide advice in financial planning

FNSFPL501 Comply with financial planning practice ethical and operational guidelines and regulations

FNSFPL502 Conduct financial planning analysis and research

FNSFPL503 Develop and prepare financial plan

FNSFPL504 Implement financial plan

FNSFPL505 Review financial plans and provide ongoing service

FNSFPL506 Determine client financial requirements and expectations

FNSINC401 Apply principles of professional practice to work in the financial services industry

The entry requirement can be met by evidence of equivalent competency to the above units through recognition of prior learning (RPL).

This course is eligible for a VET Student Loan from the Australian Government to assist you with paying for your tuition fees. Your initial debt amount (including the loan fee, if applicable) plus indexation must be paid back once you start earning over a certain amount. The compulsory repayment threshold for the 2017-2018 income year is $55,874.

For more information, visit the Department of Education and Training or StudyAssist.

This qualification is available as an Australian Apprenticeship in the states and territories shown by blue colouring in the table below.

  1. ACT
  2. NSW
  3. NT
  4. QLD
  5. SA
  6. TAS
  7. VIC
For more information on apprenticeship pathways, please visit this course on aapathways.com.au
This course may be subsidised in the following state and territories

  1. ACT
  2. NSW
  3. NT
  4. QLD
  5. SA
  6. TAS
  7. VIC

For more information about financial support and subsidies for training, please refer to the Financial assistance page

Total number of units = 11

8 core units plus

3 elective units

The elective units consist of:

  • 3 from the electives below
  • up to 3 may be from an Advanced Diploma in any currently endorsed training package or accredited course.
  • The elective units chosen must be relevant to the work outcome and meet local industry needs.

    Units selected from other Training Packages or accredited courses must not duplicate units selected from or available within the FNS Financial Services or BSB Business Services Training Packages.

    Core Units

    FNSFPL508 Conduct complex financial planning research

    FNSFPL601 Provide technical and professional guidance

    FNSFPL602 Determine client requirements and expectations for clients with complex needs

    FNSFPL603 Provide comprehensive monitoring and ongoing service

    FNSFPL604 Develop complex and innovative financial planning strategies

    FNSFPL605 Present and negotiate complex and innovative financial plans

    FNSFPL606 Implement complex and innovative financial plan

    FNSPRM601 Establish, supervise and monitor practice systems to conform with legislation and regulations

    Elective Units

    BSBINM601 Manage knowledge and information

    BSBINN502 Build and sustain an innovative work environment

    BSBMGT605 Provide leadership across the organisation

    BSBMGT617 Develop and implement a business plan

    BSBSMB405 Monitor and manage small business operations

    BSBSUS501 Develop workplace policy and procedures for sustainability

    FNSASICQ503* Provide advice in first home saver market linked accounts

    FNSASICR503* Provide advice in margin lending

    FNSASICS503* Provide advice in foreign exchange

    FNSASICT503* Provide advice in managed investments

    FNSASICU503* Provide advice in superannuation

    FNSASICV503* Provide advice in derivatives

    FNSASICW503* Provide advice in securities

    FNSASICX503* Provide advice in life insurance

    FNSASICY503* Provide advice in insurance broking

    FNSCUS505 Determine client requirements and expectations

    FNSCUS506 Record and implement client instructions

    FNSFMK502 Analyse financial market products for client

    FNSFMK503 Advise clients on financial risk

    FNSIAD501 Provide appropriate services, advice and products to clients

    FNSIBK403 Place client insurances with insurers and confirm insurance cover with clients

    FNSIBK515 Monitor broking client requirements and establish loss control programs

    FNSIBK507 Review service performance

    FNSIBK508 Implement changes to broking client’s insurance program

    FNSINC501 Conduct product research to support recommendations

    FNSPRM602 Improve the practice

    FNSPRM603 Grow the practice

    *Note the following prerequisite unit requirements:

    Unit in this qualification

    Prerequisite unit

    FNSASICZ503 Provide advice in financial planning

    FNSFPL501 Comply with financial planning practice ethical and operational guidelines and regulations

    FNSFPL502 Conduct financial planning analysis and research

    FNSFPL503 Develop and prepare financial plan

    FNSFPL504 Implement financial plan

    FNSFPL505 Review financial plans and provide ongoing service

    FNSASICQ503 Provide advice in first home saver market linked accounts

    FNSINC501 Conduct product research to support recommendations

    FNSIAD501 Provide appropriate services, advice and products to clients

    FNSCUS505 Determine client requirements and expectations

    FNSCUS506 Record and implement client instructions

    FNSASICR503 Provide advice in margin lending

    FNSINC501 Conduct product research to support recommendations

    FNSIAD501 Provide appropriate services, advice and products to clients

    FNSCUS505 Determine client requirements and expectations

    FNSCUS506 Record and implement client instructions

    FNSASICS503 Provide advice in foreign exchange

    FNSINC501 Conduct product research to support recommendations

    FNSIAD501 Provide appropriate services, advice and products to clients

    FNSCUS505 Determine client requirements and expectations

    FNSCUS506 Record and implement client instructions

    FNSASICT503 Provide advice in managed investments

    FNSINC501 Conduct product research to support recommendations

    FNSIAD501 Provide appropriate services, advice and products to clients

    FNSCUS505 Determine client requirements and expectations

    FNSCUS506 Record and implement client instructions

    FNSASICU503 Provide advice in superannuation

    FNSINC501 Conduct product research to support recommendations

    FNSIAD501 Provide appropriate services, advices and products to clients

    FNSCUS505 Determine client requirements and expectations

    FNSCUS506 Record and implement client instructions

    FNSASICV503 Provide advice in derivatives

    FNSFMK502 Analyse financial market products for client

    FNSFMK503 Advise clients on financial risk

    FNSCUS505 Determine client requirements and expectations

    FNSCUS506 Record and implement client instructions

    FNSASICW503 Provide advice in securities

    FNSFMK502 Analyse financial market products for client

    FNSFMK503 Advise clients on financial risk

    FNSCUS505 Determine client requirements and expectations

    FNSCUS506 Record and implement client instructions

    FNSASICX503 Provide advice in life insurance

    FNSINC501 Conduct product research to support recommendations

    FNSIAD501 Provide appropriate services, advice and products to clients

    FNSCUS505 Determine client requirements and expectations

    FNSCUS506 Record and implement client instructions

    FNSASICY503 Provide advice in insurance broking

    FNSIBK406 Deliver professional insurance broking services

    FNSIBK508 Implement changes to broking client’s insurance program

    FNSIBK513 Prepare submission for new business

    Read More

    Find a course unit



    The following occupations relate to this qualification.

    Financial Market Advisor
    Financial Planning Manager
    Senior Financial Planner
    The following industry sectors relate to this qualification.

    Broking
    Business Services
    Financial Planning
    Financial Services



    Image See location of provider
    Image Compare two providers
    Performing Search

    Course fee: not provided $
    Duration : not provided  


    Training Provider Comparison

    Course summary
    This organisation only provides assessment services for this course
    For more information about this provider’s delivery of , please contact the training provider directly.
    Provider code:
    Course length:
    Study mode:
    Course available as an Australian Apprenticeship or Traineeship
    Course and additional fees information
    Course fees
    Duration
    Online delivery

    Online (training available online or via email submission)

    This provider has not supplied specific information about their delivery of

    Please contact them below for further details

    ENQUIRE NOW

    Training provider summary
    This training organisation provides:
      Delivery and assessment services.
      Assessment only services.
      Courses of study through Australian Apprenticeships and Traineeships.
      Recognition for prior learning.
      Financial assistance via VET Student Loans.
    Training provider type
    Registration status
    Subsidies
    This training provider is authorised to deliver subsidised courses in the following states and territories
    1. ACT
      ACT
    2. NSW
      NSW
    3. NT
      NT
    4. QLD
      QLD
    5. SA
      SA
    6. TAS
      TAS
    7. VIC
      VIC
    8. WA
      WA
    Training options
    This training provider offers courses in the following delivery modes:

    The following facilities are required at the training site:

    Offsite training is avaliable in the following locations:
    Within a radius of Km from
    Limited to the following cities:
    Limited to the following postcodes:
    Online (training available online or via email submission)
    Distance (training available via correspondence)
    Attendance required (training includes some fixed-time online lectures or fixed time class components)
    Fixed submission dates (assessment pieces have set submission dates)
    Self-paced (training has no set class times of set submission dates)

    Facilities
    Services
    Name
    Phone
    Fax
    Email
    Address
    Training organisation website
    Course enrolment webpage
    APPLY FOR THIS COURSE

    RTO Code: | Type: | Operating since
    Course fee: not provided
    Subsidies available
    VET Student Loan eligible
    Duration: not provided
    Available online
    This organisation only provides assessment services for this course
    *Information is provided by the RTO, no warranty is given by the Commonwealth as to the accuracy or reliability of the information.

    Course always available

    The following facilities are required at the training site:

    Offsite training is avaliable in the following locations:
    Within a radius of deliveryItem.Radius Km from
    Limited to the following cities:
    Limited to the following postcodes:
    Online (training available online or via email submission)
    Distance (training available via correspondence)
    Attendance required (training includes some fixed-time online lectures or fixed time class components)
    Fixed submission dates (assessment pieces have set submission dates)
    Self-paced (training has no set class times of set submission dates)

    This RTO can offer VET Student Loans for certain approved courses. A VET Student Loan is a capped loan from the Australian Government to help you pay your tuition fees. Your initial loan debt amount (loan and loan fee, if applicable), plus indexation, must be paid back once you start earning over a certain amount. The amount for the 2017-2018 income year is $55,874.

    For more information, visit the Department of Education and Training or StudyAssist.


    Contact information
    Name
    Phone
    Fax
    Address
    Training organisation website Campus website
    Student outcomes for similar courses

    These are the outcomes of graduates surveyed six months after completing their training for similar courses 'Advanced Diploma in the field of Management and Commerce'

    35.9%

    Of people who were not employed before starting their course were employed after completing it.
    24.8 %

    Of those employed after training, were in the same occupation as their course.
    Clerical and Administrative Workers
    26.2%
    Clerical and Administrative Workers
    Professionals
    24.4%
    Professionals
    Managers
    22.5%
    Managers
    Median salary of those employed in their first full-time job
    (includes those employed prior to training)

    $52,200

    $44,300


    Destination
    after training
    This
    course
    Similar
    courses
    All Advanced Diploma courses
    Employed or in further study after training (%) - 89.9 88.1
    Employment outcomes:
    Employed (%)
    Full-time (%)
    Part-time (%)
     
    -
    -
    -
     
    82.2
    61.2
    20.7
     
    78.4
    46.3
    31.9
    Further study outcomes:
    Enrolled at University (%)
    Enrolled at TAFE (%)
    Enrolled at Other provider (%)
     
    -
    -
    -
     
    11.5
    6.2
    16.3
     
    15.2
    6.6
    13.2
    Satisfied with the training (%) - 86 84.3
    Received job-related benefits from training (%) - 56 63.7
    Received personal benefits from training (%) - 93 94.8
    Achieved main reason for undertaking training (%) - 80.7 82
    Recommend the training to other (%) - 90.7 90.1

    Employment
    status
    This
    course
    Similar
    courses
    All Advanced Diploma courses
    Median salary (Full-time) ($) - 52 200 44 300
    Top Occupations (%):
    Clerical and Administrative Workers
    Professionals
    Managers
     
     
    26.2
    24.4
    22.5
     
    30.7
    21.6
    14.5
    Top Industries (%):
    Financial and Insurance Services
    Health Care and Social Assistance
    Public Administration and Safety
     
     
    14.9
    13.9
    11.7
     
    28.6
    10.3
    7.8

    Employment
    status
    This
    course
    Similar
    courses
    All Advanced Diploma courses
    Employed after training (%) - 92.3 89.3
    Median salary (Employed full-time) ($) - 54 900 46 800
    Enrolled in further study (%) - 32.5 33.3
    Satisfied with the training (%) - 86.4 84.6
    Achieved main reason for undertaking training (%) - 83.4 84.9

    Employment
    status
    This
    course
    Similar
    courses
    All Advanced Diploma courses
    Employed after training (%) - 35.9 43.4
    Median salary (Employed full-time) ($) - 35 400 39 000
    Enrolled in further study (%) - 41.4 40.1
    Satisfied with the training (%) - 84.4 83.8
    Achieved main reason for undertaking training (%) - 67.2 73.3

    Please Note:
    All statistics are supplied by the National Centre for Vocational Education Research.
    * The estimate has a relative standard error greater than 25% and therefore should be used with caution.
    ** NCVER does not report on estimates based on less than 5 respondents because the estimates are unreliable.
    For more information, please refer to the Statistics Explained page.

    Return to top

    Financial and Insurance Services
    14.9
    Financial and Insurance Services
    Health Care and Social Assistance
    13.9
    Health Care and Social Assistance
    Public Administration and Safety
    11.7
    Public Administration and Safety
    Financial Services
    Stream Certificate II Certificate III Certificate IV Diploma Advanced Diploma
    Financial Planning          
    Stream Certificate II Certificate III Certificate IV Diploma Advanced Diploma
    Banking and Credit Services          
    Superannuation          
    General          
    Personal Injury Management Insurance          
    Insurance Services          
    Trust Administration          
    Accounting          

    Note: Information provided as a guide only.  Chart developed by the Australian Apprenticeships & Traineeships Information Service (aatinfo.com.au). Information in this chart may be reproduced with acknowledgement of its source: "The Australian Apprenticeships & Traineeships Information Service (aapathways.com.au/jpc) funded by the Australian Government Department of Education and Training".