CONTINUING EDUCATION FOR CERTIFIED FIDUCIARY AND INVESTMENT RISK SPECIALIST (CFIRS)

The Certified Fiduciary and Investment Risk Specialist is a certification for professionals working in Trust Audit, Compliance, and Risk Management activities in the financial services industry. It is based on an established set of industry-wide competencies that cover the concepts, rules, regulations, laws, and standard operating procedures that the candidate should be proficient in the trust audit, compliance, and risk management field.

MY-CPE LLC is approved by NASBA and offers continuing education courses for Certified Fiduciary and Investment Risk Specialist (CFIRS) Professionals. We are focused on providing quality continuing education to members that incorporate the qualified subject areas. Our CE courses are authored/reviewed by industry specialists and subject matter experts.  All our courses are designed in a way to ensure that courses meet your continuing education requirements.

CERTIFIED FIDUCIARY AND INVESTMENT RISK SPECIALIST (CFIRS) CE REQUIREMENT OVERVIEW

CE Requirements
30 hours of CE to be reported in 3 years.
License Renewal Period
December 31st for the 3rd year.
CE Reporting Cycle
January 1st of the year following the year of designation and ends on December 31 for the 3rd year.
Ethics Requirement
Minimum 2 hours of Ethics requirement.
Carryover Credits
Can not carry forward the credits to the next reporting cycle


The minimum CE requirement to be met by CFIRS members is 30 CE hours in 3 year reporting period. Out of these 30 hours, 28 hours must be in general credits and 2 hours in ethics-specific credit.

The minimum Ethics requirement to be achieved by CFIRS professionals is 2 hours.

A CFIRS® practitioner must meet three mutually inclusive requirements within each three-year reporting

Period to maintain their Active status:

  1. Completion of 30 hours of Continuing Education (28 General and 2 Ethics)
  2. Timely Payment of $200 Renewal Fee
  3. Uphold the Professional Ethics and Code of Conduct Standards.


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The license renewal period for CFIRS professionals is December 31st of the 3rd year.

The CE reporting cycle for CFIRS professionals is the 1st of the month following the date of designation and ends on the 31st of December for the 3rd year.

Click here to access the website for more details on CE regulations.

Following are the qualifying subject areas:

  • Laws, Regulations, & Rules
  • Audit, Compliance, and Risk Management
  • Account Acceptance
  • Investment and Portfolio Management
  • Account Administration
  • Securities Operations
  • Retirement Account Administration
  • Corporate Trust
  • Security Types & Characteristics

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No there are no minimum CE requirements for CFIRS professionals in any particular subject area.

Following are the learning activities for CFIRS professionals:

  • Recorded webinars
  • Teleconferencing
  • Podcasts
  • E-books
  • Live Webinars
  • Vodcasts

All of the following myCPE Learning Activities are eligible for CWS Professionals: -

  • Self-Study Courses (Videos)
  • Live Webinars
  • Virtual Events
  • Articles
  • Packages
  • Short Videos
  • E-Book
  • Podcasts
  • Certificate Courses

The cost of renewal is $200 for CFIRS professionals. 

Click here for more details on reinstatement and renewal fees.

If the requirement of CE filings, attestations and annual certification fees is not met even within 10 days post the CFIRS renewal deadline, a notice of deficiency is sent to the member. If the deficiency is not remedied within 30 days after the renewal period deadline, a notice of Inactive status is sent. 

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Yes, individuals who are currently certified and whose status is Active may choose to voluntarily relinquish their certification. Individuals must notify the CFIRS Board in writing that they voluntarily relinquish their rights to use the CFIRS marks and logos, resources, the MyCFIRS site, and the Find a CFIRS public search engine. Voluntary relinquishments are eligible to apply for reinstatement at any time, subject to conditions. 

Please note that certification fees paid to CFIRS Board are non-refundable.

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Any Inactive designation Holder may apply for reinstatement by submitting a written request to the board and meeting the conditions and completing the CE requirements for CFIRS.

The application must be completed within 90 days from Boards approval notification for reinstatement, if not then the individual may reapply after 6 months along with a non-refundable fee of $250.

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Any misconduct by a CFIRS professional including omission, violating a criminal law of any state, failure to respond to a request by the Board, false or misleading statement, etc. may constitute grounds for removal or dismissal of the member.

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myCPE provides courses that are approved for continuing professional education. Based on the guidelines issued by Cannon Financial Institute Continuing Professional Education Requirements, we recommend the programs/ webinars to be suitable for the qualification. However, it will be the responsibility of each attendee to ensure that they are eligible for CE credits based on their occupation/ job profile, knowledge requirements as well as guidelines laid down by their regulatory board before registering for the webinars.

myCPE APPROVALS

Approved By
National Association of State Boards of Accountancy (NASBA) 143597
Internal Revenue Service (IRS) GEHNZ
California Tax Education Council (CTEC) 6273
Certified Financial Planner Board (CFP) 8061
Society for Human Resource Management (SHRM) RP5359
Human Resource Certification Institute (HRCI) 714694
FP Canada CE17222
American Payroll Association (APA) 372961
Texas State Board of Public Accountancy (TSBPA) 010556
Illinois Department of Financial & Professional Regulation (IDFPR) 158002756
New York State Board of Public Accountancy (NYSPA) 002976
Courses Eligible for CPE of Certified Fraud Examiner (CFE) Approved
Courses Eligible for CPE of Certified Valuation Analysts (CVA) Approved
Institute of Finance and Management (IOFM) Approved
Society of Trust and Estate Practitioners (STEP) Approved
Certified Senior Advisor (CSA) Approved

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