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CSI AFP-Exam-1 Exam Overview:
| Certification Vendor: | Canadian Securities Institute (CSI) |
|---|---|
| Exam Name: | Applied Financial Planning Certification Exam 1 (AFP) |
| Exam Number: | AFP-Exam-1 |
| Exam Duration: | 180 minutes |
| Exam Price: | CAD $695 - $795 |
| Passing Score: | 60% |
| Related Certifications: | Personal Financial Planner (PFP®) AFP Exam 2 |
| Available Languages: | English, French |
| Real Exam Qty: | 105 |
| Exam Format: | Multiple-choice questions |
| Certificate Validity Period: | 3 years |
| Recommended Training: | CSI AFP Exam Preparation Courses |
| Exam Registration: | CSI Official Registration |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online remote proctored or in-person at authorized test centers |
| Pre Condition: | Completion of all courses within one of the approved PFP® education paths |
| Official Syllabus URL: | https://www.csi.ca/en/learning/courses/afp |
CSI AFP-Exam-1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Enabling Competencies | 16% | - Professional Conduct and Regulatory Compliance - Client Relationship and Practice Management |
| Technical Competencies | 84% | - Estate Planning - Asset and Liability Management - Tax Planning - Investment Planning - Risk Management and Insurance - Retirement Planning |
AFP-Exam-1 Exam FAQ: What Candidates Ask Most
The CSI Applied Financial Planning Certification Exam 1 (AFP) (exam code AFP-Exam-1) is the exam you pass to earn the Applied Financial Planning (AFP) Certification certification, a credential at the Professional level. It is also connected with related credentials such as Personal Financial Planner (PFP®), AFP Exam 2. If you are mapping out a certification path with CSI, this exam is a milestone worth planning around.
The AFP-Exam-1 exam includes 105 questions, and you have 180 minutes to complete them. With that many questions on the clock, pacing is part of the challenge: divide your time into rough blocks as you go, and flag the items that stall you so you can circle back at the end instead of burning minutes on a single question. A week or two before your exam date, sit at least one full timed session in the 2Pass4sure test engine under the same time limit, so the pace feels familiar rather than frantic on the day.
You need 60% to pass the AFP-Exam-1 exam, and the official registration fee is CAD $695 - $795. That fee is due again in full for every retake, which makes thorough preparation the cheaper investment by far. Before you book your seat, test yourself with the 2Pass4sure practice questions until you are scoring comfortably above the passing mark on a consistent basis — it is the simplest way to avoid paying for the same exam twice.
Completion of all courses within one of the approved PFP® education paths
Eligibility rules can be adjusted by CSI over time, so before you register, confirm the current requirements on the official exam page: view the official AFP-Exam-1 exam information.
You can book the AFP-Exam-1 exam through the official registration channels below:
How the exam is taken: Online remote proctored or in-person at authorized test centers.
CSI lists the following official training options for candidates preparing for this exam:
Once you have worked through the training, measure your readiness with the 120 practice questions from 2Pass4sure — they show you exactly which topics still need attention before you book the exam.
Yes. 2Pass4sure offers a free PDF demo of the AFP-Exam-1 practice questions, so you can judge the quality of the material firsthand before paying anything. Every purchase also includes 365 days of free updates — if CSI changes the exam during that year, your material changes with it. And when the free update period expires, you can extend it at a 50% discount from within your member zone.
Every AFP-Exam-1 purchase at 2Pass4sure is backed by a 100% Money Back Guarantee: if you take the corresponding exam within 60 days of your purchase and do not pass, you can apply for a full refund. The guarantee has clear conditions — it does not apply if you sit the exam within 3 days of purchase, if you downloaded the material but never actually took the exam, or to free materials and expired orders, and the candidate name must match the payer name. To file a claim, send a scan of your exam enrollment slip together with your official Score Report PDF within 2 days of the exam; claims are processed within 7 days. If you would rather not take a refund, you can exchange the product instead and receive two additional exam preparation products of equal value for free, while your original product keeps its update service. Delivery itself is instant: your material is available for download right after payment and is also sent to your email within one minute — if it has not arrived within 2 hours, contact our customer service. There is no limit on how many computers you can install it on.
The official CSI Applied Financial Planning Certification Exam 1 (AFP) outline divides the exam content into 2 main domains. The first three are:
- Enabling Competencies — 16%
- Technical Competencies — 84%
That is only the headline view — scroll back up to the Exam Topics section on this page for the complete domain-by-domain breakdown before you plan your study schedule.
CSI Applied Financial Planning Certification Exam 1 (AFP) Sample Questions:
A client wants to increase net worth by identifying spending reductions and increasing monthly surplus.
Which document is most useful for this purpose?
- A. Current cash flow statement and budget.
- B. Beneficiary designation form.
- C. Investment policy statement only.
- D. Net worth statement only.
Correct Answer: A 🗳️
Explanation: Only visible for 2Pass4sure members. You can sign-up / login (it's free).
What key question should be answered during the recommending strategies stage of the financial planning process?
- A. How and by whom will the planner be compensated?
- B. Are the client's goals feasible?
- C. How can the client achieve her goals?
- D. What are the client's needs and goals?
Correct Answer: C 🗳️
Explanation: Only visible for 2Pass4sure members. You can sign-up / login (it's free).
Ronny, a successful business owner, established a discretionary family trust earlier this year as a means to split income with his children. Ronny's children are both under the age of five and are both income and capital beneficiaries of the trust. He is concerned that the 21-year rule will result in a significant amount of tax resulting from unrealized capital gains. What strategy would be best if Ronny's goal is to minimize the total amount of tax payable by the trust and/or beneficiaries at the 21-year mark?
- A. Turn over the trust portfolio annually and designate any capital gains to beneficiaries.
- B. Realize all capital gains at the 21-year mark and leave the capital gains' income taxable to the trust.
- C. Revoke the trust just prior to the 21-year mark to avoid paying any capital gains tax to the trust or beneficiaries.
- D. Realize all capital gains at the 21-year mark and designate this income to the beneficiaries.
Correct Answer: A 🗳️
Explanation: Only visible for 2Pass4sure members. You can sign-up / login (it's free).
Mark, a financial planner, is meeting his client Adam for the first time. From the conversation, Mark learned that Adam has some experience on trading stocks. Adam asked Mark to explain about efficient market theory that he overheard a colleague talking about a few days ago. How should Mark respond to Adam's question in simple terms?
- A. Stock prices reflect all publicly-available information.
- B. Past mistakes can be avoided by using the information to anticipate change.
- C. Investors react differently to information.
- D. Market prices of stocks have no relation to past price behaviour.
Correct Answer: A 🗳️
Explanation: Only visible for 2Pass4sure members. You can sign-up / login (it's free).
A client wants a policy that pays a lump sum if she is diagnosed with a covered serious illness and survives the required waiting period. Which product matches this need?
- A. Accidental death insurance.
- B. Critical illness insurance.
- C. Long-term care insurance.
- D. Disability insurance.
Correct Answer: B 🗳️
Explanation: Only visible for 2Pass4sure members. You can sign-up / login (it's free).
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