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Nobody budgets for a second AFP-Exam-1 attempt, yet the full fee comes due again if the first one fails. The CSI Applied Financial Planning Certification Exam 1 (AFP) practice set from Lead2PassExam — 120 questions strong — is the cheap way to need only one attempt.

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
Certificate Validity Period:3 years
Exam Price:CAD $695 - $795
Real Exam Qty:105
Related Certifications:AFP Exam 2
Personal Financial Planner (PFP®)
Available Languages:English, French
Exam Format:Multiple-choice questions
Passing Score:60%
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:

SectionWeightObjectives
Topic 1: Enabling Competencies16%- Client Relationship and Practice Management
- Professional Conduct and Regulatory Compliance
Topic 2: Technical Competencies84%- Estate Planning
- Tax Planning
- Risk Management and Insurance
- Investment Planning
- Retirement Planning
- Asset and Liability Management

AFP-Exam-1 Exam FAQs — Read Before You Register

Completion of all courses within one of the approved PFP® education paths Eligibility details like these are worth double-checking before you register — vendors revise them periodically, and the official exam page (official AFP-Exam-1 exam page) always has the current version.

The official CSI Applied Financial Planning Certification Exam 1 (AFP) outline has 2 domains — the biggest include Enabling Competencies (16%), Technical Competencies (84%). Those weightings are your study compass: the largest domains hide the most points. See the full outline above for every subtopic.

You can, and you should. The free PDF demo is there so you can judge the content yourself before spending anything. If you're unsure whether the PDF, desktop engine, or online version suits your study habits, contact our 24/7 service team — they'll advise you. After purchase, 365 days of free updates are included, renewable at 50% off if the period ever expires.

Sign up through the vendor's official channels:

The exam is offered Online remote proctored or in-person at authorized test centers, so decide which arrangement suits you before picking a date.

Delivery first: the moment you pay, we send the download link and access details to your email within a minute — even on holidays — and the files install on unlimited computers; contact support if 2 hours pass with nothing. For refunds, the terms are explicit: take the corresponding AFP-Exam-1 exam within 60 days of purchase, and if you fail, submit a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam for a full refund, processed within 7 days. Excluded: exams taken within 3 days of purchase, name mismatches between candidate and payer, and free or expired products. The alternative to a refund: two equal-value exam products free, with your original updates intact.

The pass mark is 60%, and the official fee is CAD $695 - $795. That fee resets to full price on every retake, so the real money-saver is preparation — run the 120 practice questions from Lead2PassExam until passing becomes routine, then book your seat.

The vendor recommends:

Classroom hours alone won't tell you if you're ready — the AFP-Exam-1 practice questions from Lead2PassExam will. Use them after the coursework to convert knowledge into exam performance.

The CSI Applied Financial Planning Certification Exam 1 (AFP) is CSI's official exam for the Applied Financial Planning (AFP) Certification certification, a Professional-level credential. Candidates take it to validate real skill — and employers read it exactly that way. It also connects to related credentials such as Personal Financial Planner (PFP®), AFP Exam 2.

The exam gives you 180 minutes for 105 questions. The candidates who struggle aren't usually short on knowledge — they're short on pacing. Fix that before test day: set a time budget per question, practice moving past hard items without stalling, and rehearse full timed sessions in the Lead2PassExam engine until the clock stops being a factor.

CSI Applied Financial Planning Certification Exam 1 (AFP) Sample Questions:

William and Jennifer are selling their business which qualifies as a Canadian-controlled private corporation.
When the sale is complete at the end of this year, William and Jennifer will each receive $4 million for their common shares which have nominal cost. Jennifer has unused capital losses from previous years. They are meeting with Laurel, their financial planner, to discuss the tax implications of the sale. Based on the information provided, what should Laurel recommend to William and Jennifer so that they are best able to make use of the Lifetime Capital Gains Exemption?

  • A. Only William should claim 100% of the exemption.
  • B. They should each claim 100% of the exemption.
  • C. Only Jennifer should claim 100% of the exemption.
  • D. They should each claim 50% of the exemption.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Explanation: Only visible for Lead2PassExam members. You can sign-up / login (it's free).

Sheeba is a financial planner and meeting with Ivana, a new client. She explains that part of her process is to recommend products and services, but prior to doing so, she will closely investigate the options to ensure they match up with Ivana's goals. Which professional responsibility has Sheeba demonstrated to Ivana?

  • A. Objectivity.
  • B. Diligence.
  • C. Integrity.
  • D. Professionalism.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for Lead2PassExam members. You can sign-up / login (it's free).

A financial planner, Rachel, is preparing to recommend a discretionary portfolio manager to her client. The portfolio manager is owned by Rachel's former employer, and Rachel receives no referral fee. However, the former employer regularly sends new clients to Rachel's practice. What should Rachel do before making the recommendation?

  • A. Disclose the relationship and the potential conflict before the client decides.
  • B. Proceed because no monetary referral fee is paid.
  • C. Recommend the manager only if the client signs a risk acknowledgement form.
  • D. Avoid discussing the portfolio manager and let the client find one independently.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Explanation: Only visible for Lead2PassExam members. You can sign-up / login (it's free).

Todd, a financial planner, is meeting with Vanessa, a new client, to review her investment goals and objectives. During the meeting, Vanessa states that she believes the markets are very efficient and should reflect all available information in the price of securities. She is looking for an investment option that will reflect a similar level of risk and return characteristics as the Canadian market. What investment option should Todd recommend with Vanessa that would reflect her opinions?

  • A. Canadian value mutual fund.
  • B. Canadian neutral balanced fund.
  • C. Canadian hedge fund.
  • D. Canadian exchange-traded fund.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for Lead2PassExam members. You can sign-up / login (it's free).

A client borrows $100,000 to invest in a non-registered portfolio expected to generate interest and dividend income. What tax principle is most relevant?

  • A. Interest on borrowed money may be deductible when the funds are used to earn income from property.
  • B. The investment income becomes tax-free because leverage is used.
  • C. Interest deductibility applies only to TFSA contributions.
  • D. Loan interest is never deductible for individuals.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Explanation: Only visible for Lead2PassExam members. You can sign-up / login (it's free).

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