Professional and Continuing Education

Pawley Hall, Room 440G
456 Pioneer Drive
Rochester, MI 48309-4482
(location map)
(248) 370-3177
oupace@oakland.edu

Course Content Questions:
Lori Oancea
Program Director
(248) 535-1388 

Registration Questions:
Professional and Continuing Education (PACE)
(248) 370-3177

Certified Financial Planner

RESEARCH SHOWS BENEFITS OF CFP® CERTIFICATION

At a time when many Americans are reaching retirement age, the need for personal financial planning expertise is greater than ever. Recruiters and prospective employers recognize CFP® certification as the most desired designation in this growing field.

Click the link below to read an article posted by the CFP Board describing the benefits of obtaining this certification.

Article: Research Shows Benefits of CFP Certification

Executive Prog
Overview

The twelve-month Executive Program is designed for professionals who have at least 2 - 3 years of financial planning experience in the financial services industryAny exceptions to the experience requirement requires approval by the Advisory Board and/or Program Director.

It is a streamlined one-year program aimed at providing each required topic over a 8-week period, followed by personalized instructor-facilitated remediation to ensure concept mastery. 

Additionally, we offer a 40 hour exam review strategically held just before the CFP Exam in March.

The goal of the program is to assist participants through successful completion of the materials using techniques applicable to adult learning styles and a schedule that will integrate into busy work and personal lives.

Oakland University's Certificate Program in Personal Financial Planning is registered with the CFP Board of Standards in Washington, D.C. and meets the standards set by the CFP Board.  OU's program was one of the first in the country to be registered by the CFP Board.  Participants who complete the OU program are eligible to sit for the CFP Board Examination.

Click here to view OU's March 2017 CFP Certification Examination Results.

Exam Review
EXAM REVIEW (PFP10000) - $850 - The Personal and Financial Planning Program partners with Keir Educational Resources to offer a four-day instructor-led exam review. All individuals who meet the initial educational requirements of the  CFP® Board  and are ready to prepare for the certification examination can register for this comprehensive exam review.

The CFP® Board has discovered that students who take a review course have the highest potential for exam success. When scheduling your review class, allow sufficient time between finishing your last class and taking the exam review. This will allow for enough time to study at home before taking the CFP® exam.  Students following the study recommendations outlined by Keir can observe an increase of 15-20 points above the national pass rate.

Money-Education Resources recommends studying the required course materials for 120 hours prior to the start of the review course, and a total of 200 hours before taking the exam. The Certification Basic package is required and should be ordered directly from Money-Education 3 months before the review. 
Certificate of Completion
Certificate of completion will only be awarded to those individuals that have completed all 6 required courses with Oakland University.
Program Faculty
Lori Oancea 

Lori Oancea, J.D. is the Executive Director of Success Systems, Training and Development with Michigan Financial Companies, a financial services firm focused in estate planning, wealth accumulation, business planning and executive benefits for both publicly and privately-held companies. She is also the Director of Personal Financial Planning at Oakland University. As program director, she facilitates student enrollment, program growth and development, with the goal of advancement of the CFP® certification. As an attorney and Investment Advisor Representative with 27 years of experience in the planning area, she is uniquely qualified to address the diverse needs of individuals, families, business owners and their executive teams. She provides client recommendations for concerns related to insurance and estate planning, asset allocation, funding for education and planning for retirement goals.

Education
University of Detroit-Mercy School of Law
University of Michigan, B.A. Economics
Professional Registrations

State Bar of Michigan
State Bar of Illinois (inactive)
• Life, Accident & Health
• Series 6
• Series 7
• Series 63
• Series 66

Memberships & Affiliations
• Estate Planning Council of Metro Detroit


Alexander DinserAlexander Dinser is a CERTIFIED FINANCIAL PLANNER™, professional, with Horizon Wealth Management. Alex grew up in the city of South Lyon, Michigan and is a proud alumnus of Orchard Lake St. Mary’s Preparatory High School. Upon graduation, he attended Western Michigan University where he obtained a Bachelor of Science Degree in Finance. He also enlisted in the Air Force National Guard and was deployed to Balad, Iraq where he served his country with honors. Following his tour of duty, he was recruited by MetLife Securities and Insurance Company and completed the Certified Financial Planning® Program at Oakland University. Soon after, he enrolled with the American College and received the designation of Chartered Financial Consultant (ChFC). While with MetLife, Alex was a Leader’s Conference qualifier two years in a row. He later went on to form his own practice as a financial planner with his current broker/dealer, ING Financial Partners. Alex continues to grow his practice and will be sharing his knowledge with others starting in 2014 as instructor in Oakland University’s Personal Financial Planning program of study. Alex currently resides in Royal Oak, Michigan and enjoys spending time with his family, friends and wife Jessica. Alex serves on the Finance Council for St. Mary’s Catholic Church and likes to travel. He’s also an avid hunter and fisherman, and plays recreational softball and golf.
Larry JonesLarry has twenty-seven years of experience in advising individuals in all areas of wealth management, with an emphasis on business owners and corporate executives. In addition to his CPA designation, he also holds the American Institute of Certified Public Accountant’s Personal Financial Planning Specialist designation and also is a Certified Financial Planner. Larry is also on staff at Oakland University where he teaches income taxation in the financial planning program, has been published in several technical journals, and is a member of the AICPA’s National CPA Financial Planning Insights Panel. Larry is an active member of the American Institute of CPA’s, the Michigan Association of CPA’s, the Financial Planning Association, and the Michigan Financial Planning Association. He is the past president of the Burton Rotary Club and past president of the Flint Power Squadron.
Jeffrey HoenleJeffrey Hoenle has nearly 20 years in personal financial and insurance planning. He co-founded and currently leads a financial and insurance planning firm as well as two tax and accounting firms with multiple locations throughout Michigan. Jeff is also an instructor at Oakland University in Rochester Hills, Michigan, where he teaches various financial and estate planning courses in the post graduate certification program. Jeff has lectured at hundreds of client events, led several private courses at financial firms, and lectured to many groups and national organizations over the years. Jeff is licensed as an insurance counselor and an insurance agent offering life and health insurance. He holds the securities registrations Series 6, 63, 65 and 7. Jeff is a Registered Representative and Investment Advisor Representative through his Broker / Dealer and Registered Investment Advisor, Woodbury Financial Services, Inc. Jeff is also a CERTIFIED FINANCIAL PLANNER™, a Chartered Retirement Planning Counselor™ designee and an Accredited Estate Planner designee™ awarded by the National Association of Estate Planners and Councils. Jeff currently serves as the President of the Financial and Estate Planning Council of Metropolitan Detroit. He is active with National Association of Estate Planners and Councils where he serves on the national conference committee. Jeff has contributed several articles to newspapers throughout Michigan. Jeff is also active in various community organizations. Jeff and his wife Kate live in Sterling Heights, MI with their three young children– David, Andrew and Sarah.

Mark Rheaume

Mark is a certified financial planner and an attorney, and is a Senior Wealth Strategist at PNC Bank. Mark provides expert advice to clients in specialty areas such as the development of appropriate Asset Allocation strategies, Alternative Investment strategies, Charitable Transfer strategies, Succession Planning, Estate and Gift Planning, identifying Fiduciary Planning opportunities, Fiduciary responsibilities, Fiduciary Taxation, as well as IRA Accounts and related Retirement Planning. Mark is often called upon to speak at client and professional seminars.


Brad KreinerBrad Kreiner is a Certified Financial Planner (CFP®) and an Accredited Estate Planner (AEP®) with 34 years of experience providing Financial Planning counsel to Individuals, Business Owners and Professionals. Brad is the Managing Partner and founder (07/1999) of Kreiner Financial Network (KFN). In the past, Brad has been a Board and Committee Member for the Bay Area Chamber of Commerce, President of the Bay City Jaycees, Birmingham YMCA, and Bay City Evangelical Free Church. He is also currently on the Allocations Committee for United Way, a Board Member for Volunteer Action Center, current Foundation Board President for the Detroit YMCA, and executive Board Member for Spring Hill Camps. Brad's involvement with industry has also been quite extensive. He belongs to the Institute of Certified Financial Planners, is a Board Member for the General Agents and Managers Association, and member of the Financial Planning Association. Brad is the former President of The Financial Estate Planning Council of Metro Detroit and former Chapter President of the National Association of Insurance and Financial Advisors (NAIFA).
Don Denstaedt

Don Denstaedt is the Co-Founder of Platinum Wealth Management Group, Inc, with offices in Sterling Heights, Pentwater and Farmington Hills. Don is a Certified Financial PlannerTM with over 24 years of banking, insurance and investment experience. He graduated from Wayne State University with a degree in Business Administration with a concentration in Finance. He began his career with Comerica Bank in the Retirement Services Department overseeing multi-million dollar employer plans. His current practice is focused on holistic planning, providing a comprehensive plan utilizing his experience as well as working with a network of top tax and legal professionals. Before serving as an instructor at Oakland University’s Personal Financial Planning Certificate Program, Don was a student and PFP certificate recipient. Don is a proud member of the Financial and Estate Planning Council of Metropolitan Detroit. He lives in Rochester Hills with his wife Sheila and their son, Justin.


Tony VanekAnton (Tony) Vanek is a native of Chicago. He graduated from Proviso East High School in Maywood, IL. He has a Bachelor of Business Administration (concentration in Finance) from the University of Iowa and a Master of Business Administration (concentration in Finance) from the University of Wisconsin – Madison. He is a member of the Alpha chapter of Beta Gamma Sigma at the University of Wisconsin. Tony worked as Assistant Vice President in Commercial Lending at National Bank of Detroit (now Chase Bank) from 1975-1980. Since 1980 he has worked as a registered representative with AXA Advisors, LLC (formerly The Equitable Life Assurance Society of the U.S.). Tony received his Chartered Life Underwriters (CLU) and Chartered Financial Consultant (ChFC) professional designations through the American College in 1984 and CERTIFIED FINANCIAL PLANNER™(CFP®) designation in 1987. He has been an instructor in Oakland University’s Personal Financial Planning Program since 1988. Through his class, Tony teaches prospective financial planners the material necessary to help them pass the national “CERTIFIED FINANCIAL PLANNER™” examination. Tony’s hobbies have included coaching youth sports (Birmingham Little League and Holy Name CYO basketball) and Church volunteer work (various committees at Holy Name Church, Birmingham, MI). He lives in Bloomfield Hills with his wife Anna.
Mark T. WiseMark T. Wise is a Certified Financial Planner™ Professional working independently with Platinum Wealth Management Group, Inc. out of offices in Sterling Heights, Pentwater, and Farmington Hills, MI (the office where he manages). Mark earned his CFP® Certificate through the Oakland University's CFP® program. Additionally, Mark received his Chartered Retirement Planning Counselor(SM) designation in 2017 from the College for Financial Planning. He is licensed to offer Life, Health, and Disability insurance as both an agent and counselor as well as serving as a Registered Representative and Investment Advisor Representative with Woodbury Financial Services. Mark earned his Bachelor's of Science in Mathematics from Western Michigan University. Mark utilizes attorneys and accountants to provide expert advice and planning for individuals and families by helping them to understand and optimize their entire financial picture in the areas of Estate Planning, Tax Planning, Risk Management, Income Planning, and Investments.

 Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.
Course
Descriptions

Program participants will deliberately begin and end the year-long program together to support each other through program completion. The program requires the completion of 6, 8-week courses, all of which are required to sit for the CFP Examination, plus completion of the CFP Exam Review. Course topics are covered in 6-week periods with the last two weeks used for webinar presentations and personalized review as needed with faculty. To be the most successful, courses must be taken in the following program sequence: 

1) Investments, Survey, and Financial Calculator, 2) Income Tax Planning, 3) Risk Management, 4) Retirement Planning, 5) Estate Planning, 6) Financial Plan Development. An optional but highly recommend CFP Exam Review course is also available.

Investments, Survey, and Financial Calculator PFP37100

A newly re-designed introduction to the Principles of Personal Financial Planning/Investments PLUS Financial Calculator instruction. Participants receive an extensive introduction to the financial planning process, time value of money, ethical considerations, economic environment and essential investment planning concepts. The course includes study of securities markets, investment asset classes, portfolio construction, and investment techniques, tools and strategies. A CFP Board approved financial calculator is required for the program. The HP 10BII is preferred by most instructors.


Risk Management PFP 37050

Survey of risk management, primarily in the areas of life, health, casualty, and liability insurance. Includes analysis of risk exposure, evaluation techniques for various insurance plans, and contract selection criteria from a cost-benefit standpoint. Income and estate taxation laws as related to insurance premiums and benefits; alternative methods of funding insurance premiums; and the role of insurance in retirement and estate planning will also be discussed.


Income Tax Planning PFP 37150

Designed to enable the professional providing personal financial planning services to recognize many of the income tax planning opportunities and dilemmas that may arise. The course covers the fundamentals of individual income taxation and tax law overview, terminology and computations. Discussion and analysis will focus on practical problems involving tax planning implications of home ownership; property transactions; tax advantaged investments; divorce and remarriage; forms of business ownership; accounting methods and periods; life insurance, annuities, and securities; intra-family and charitable transfers; and forms and methods of employment compensation.


Retirement Planning PFP 37200

Provides working knowledge of retirement planning tools, terminology, and techniques, including the rules, regulations, and taxation of qualified and non-qualified plans: Pension, profit sharing, 401(k), SEP, IRA, and deferred compensation. Includes study of the basic characteristics of specific employee benefits such as group life insurance and group health coverage. The financial planning process will be emphasized in class discussion with illustrations from practical experience and actual case histories.


Estate Planning PFP37250

Also, newly re-designed, this course combines the estate planning essentials with practical application using the case study method.  The course covers the estate planning process, property ownership and implications, lifetime and death-related transfers, legal documents, federal gift and estate tax law, business transfers, estate valuation, and income tax ramifications in estate planning.

The case studies integrate all aspects of the financial planning process with an emphasis on the estate planning.  Students are expected to participate actively in the case presentations.


Financial Plan Development PFP 37300

The Financial Plan Development Course features solid, practical application of all the material covered in the prior classes.  Students are required to prepare a comprehensive written financial plan and to present it orally, according to rules established by Certified Financial Planner Board of Standards, Inc.  The course provides both relevant practical experience in comprehensive planning and superlative preparation for the case studies in the national certification examination.


CFP Exam Review PFP 10000

Exam Review Workshop prepares students who have completed the Educational Requirements by reviewing materials on the certified Financial Planning Examination.  This course is not required by the Certified Financial Planning Board of Standards to apply for the national exam.  However it is a required component of the OU Executive Financial Planning Program.

Progr Sched
&
Pricing

Program Calendar

One cohort group will begin each year in February and finish one year later.  A new course will begin every other month throughout the year.

Location: Auburn Hills University Center, Room 2


Schedule (Specific times and dates may vary slightly)

Program Pricing

For cost of each course, please visit the Registration Page.

Discounts available:
  • Register for 2-3 courses during a single registration and receive a 5% discount on each course.
  • Register for 4-5 courses during a single registration and receive a 10% discount on each course.
  • Register for 6 courses during a single registration and receive a 15% discount on each course.

NOTE: TUITION IS NON-REFUNDABLE ON DISCOUNTED COURSES. Discounts do not apply to PFP 10000 Financial Planning Exam Review.

REGISTRATION NOTE: Search for PFP on Registration Page search bar to add all 6 courses.

2019 PRICING *Does not include textbooks
INVESTMENTS, SURVEY, & FINANCIAL CALCULATOR INSTRUCTION (PFP37100)$825
RISK MANAGEMENT (PFP37050)$750
INCOME TAX (PFP37150)$750
RETIREMENT (PFP37200)$750
ESTATE PLANNING (PFP37250)$750
FINANCIAL PLAN DEVELOPMENT (PFP37300) $750
CFP Exam Review Course$850


*Oakland University reserves the right to cancel courses due to low enrollment.  To allow maximum enrollment, you will be notified of course cancellation 24 hours before the course start date via your home Email or phone on record.

March 2019
Exam Review

New Enhanced Program - 40 hours of content review

  • Program designed to provide comprehensive review of all content including case scenarios
  • Course designed to accommodate candidates challenging educational course content such as CPA's, JD's, etc. 
  • Cost: $850 course only (Textbooks - purchase separately)
  • Location: The University Center, Auburn Hills
  • Meeting Times and Dates:
    1. Part I: February 14, 15, 16, 2019
    2. Part II: February 28, March 1 & 2, 2019
    3. Thursdays: 5:00 pm - 9:00 pm, Fridays: 8:00 am - 5:00 pm, Saturdays: 8:00 am - 5:00 pm.

*For registration assistance, please contact the Professional and Continuing Registration Office at oupace@oakland.edu or (248) 370-3177.


Oakland University reserves the right to cancel courses due to low enrollment.  To promote enrollment requirements, you will be notified of course cancellation 24 hours before the course start date via your home Email or phone on record.

Textbooks

*All textbooks used are the latest available edition. Please mention if you are a FPA member for the applicable member discount on Money-Education materials (membership number must be provided). For all Money-Education resources, visit www.money-education.com and ask for Shannon Mahoney. 678-551-0997

PFP 37100 Investments: Investment Planning - Keir Educational Resources, 

PFP 37200 Retirement: Retirement Planning - Money-Education Resources 

PFP 37250 Estate Planning: Estate Planning - Money-Education Resources

PFP 37300 Financial Plan Development Course - Fundamentals of Financial Planning, 5th Edition, ISBN: 978-1-936602-41-4 and Cases in Financial Planning: Analysis and Presentation, 3rd Edition, ISBN: 978-1-936602-44-5. Both can be purchased through www.money-education.com 

PFP 10000 Exam Review Preparation: The March 2019 CFP® Certification Examination is fast approaching! The Dalton Education material will be ready to ship soon. To view available study material please visit us at www.dalton-education.com.

PFP 37050 Risk Management: Fundamentals of Insurance Planning, Hubner School Series American College ISBN 9781582931302 http://www.theamericancollege.edu/consumer-resources/textbooks/insurance Call 610-526-1350 to order.

PFP 37150 Income Tax: Comprehensive Volume by Southwestern Federal Taxation, Hoffman, Maloney, Raabe & Young. *The publisher also has a web-based version available that you access via a laptop, i-pad, etc. The classroom has wi-fi capabilities and 30% - 40% of past students have opted for the on-line version. The key factor when buying the book is to get the correct edition; we are using the most recent edition.