Financial advisors seeking nationally recognized fiduciary designations can now take required exams safely online via a new remote proctoring exam launched this month through Broadridge Financial Solutions, Fi360 fiduciary education training and technology business. Partnering with ProctorU, an online 24/7 proctoring and identity management solution, Fi360 will administer remote proctoring exams for its Accredited Investment Fiduciary® (AIF®) and Professional Plan Consultant® (PPC®) Designations.
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Given the recent implementation of Regulation Best Interest, Broadridge identified the need for technology-based solutions for financial professionals looking to receive proper designations while abiding by stay-at-home and social distancing mandates.
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“The need for advisor designations and certification exams did not cease when we moved to a virtual world, forcing us to re-examine the proctoring process for clients,” said Michael Muirhead, AIF®, PPC®, senior director, learning and development at Broadridge’s Fi360. “Through remote proctoring, clients can now take the certification exams from the safety of their home and meet ANSI National Accreditation Board (ANAB) standards for an independently accredited designation. We believe that online proctoring may become the new gold standard as we return to a new normal.”
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