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Professional Development, University Extended Education, California State University, Fullerton

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Professional Fiduciary Management for Trustees

In recent years, there has been an increasing need for professional fiduciaries that can be entrusted with the management of the property, finances and care of those individuals incapable of performing these activities for themselves. The fiduciary as trustee has the responsibility of carrying out the terms of a trust as set forth in a trust document. It is critical that individuals who act as trustees develop a comprehensive understanding of the full range of duties and responsibilities of a trustee.

The Professional Fiduciary Management for Trustees online program from Cal State Fullerton provides essential skills to individuals entering this field, as well as seasoned fiduciaries – providing the knowledge necessary to successfully practice in the profession.

The Professional Fiduciaries Act signed into law in California mandates that all professional fiduciaries be licensed. As part of the criteria to apply for licensure with California, individuals must obtain 30-hours of pre-licensing education from an approved provider. California State University, Fullerton is approved by the California Professional Fiduciaries Bureau as an educational provider.

The certificates in Professional Fiduciary Management for Trustees will help participants develop a comprehensive understanding of the standards, practices, and legal and ethical considerations of professional fiduciary management. Areas of focus include the prudent use and protection of a protected person’s assets, accounting and recordkeeping, management of assets as well as execution or administration of a will and/or management of a trust. For more information review the frequently asked questions.

The Certificate in Professional Fiduciary Management for Trustees includes the following four courses totaling 60 hours and 6.0 Continuing Education Units (CEUs).

  • Standards and Practices in Professional Fiduciary Management
  • Trust Administration and Management
  • Accounting and Record Keeping for Positions of Trust
  • Management of the Investment Portfolio

Continuing Professional Education (CPE) Credit:

Cal State Fullerton meets the standards and guidelines set forth by the California Board of Accountancy Regulations to offer CPE credit and maintains responsibility for this program. The following three classes qualify for 14.4 hours of CPE credit respectively as required by the California Board of Accountancy for licensed professionals: Trust Administration and Management, Accounting and Record Keeping for Positions of Trust, and Management of the Investment Portfolio.

Minimum Continuing Legal Education (MCLE) Credit:

Cal State Fullerton, University Extended Education certifies that Standards and Practices in Professional Fiduciary Management has been approved for MCLE credit by the State Bar of California and qualifies for 15 hours of MCLE credit.


Non-California Residents

Due to state and federal regulations, non-California residents may only enroll in CSUF online courses when their state has authorized CSUF as a provider. Click here for more information.

For optimal viewing of the course schedule below, please view on a tablet or desktop
Please note: Note: Click on the course title to view all available course sections. Hover over the colored labels to view where the course will be offered.
Course Title
Winter / Spring 2018
Summer
2018
Fall
2018

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Days Date Time Location
10/16/17-11/19/17 Online Online-Variable
Fee
$455.00
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10/16/17-11/19/17 Online Online-Variable
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Learn More
Days Date Time Location
10/16/17-11/19/17 Online Online-Variable
Fee
$455.00
Register

Upon completion of the certificate program, graduates will be able to:
- Describe the full range of duties typically performed by trustees.
- Apply legal standards and ethical guidelines to the process of making decisions about the management of a trust in order to avoid real or apparent conflicts of interest.
- Evaluate a trust to determine compatibility and potential conflict of interest between the trust and the trustee.
- Use knowledge of asset management to determine whether there is an overall plan in place to protect the assets of the trust.
- Apply knowledge of the Uniform Prudent Investor Act to the development and implementation of an Investment Policy Statement.
- Demonstrate knowledge of professional fiduciary standards and practices designed to protect the liability and reputation of a trustee.
- Develop and maintain accounting records of all transactions performed in the capacity of trustee.

The Advisory Board defined the certificate program audience as:
- Individuals interested in applying their fiscal or financial management skills to the work of trustees
-Individuals working in closely related fields such as insurance, accounting, estate planning, or paralegal work
-Individuals working in the field of gerontology that have an aptitude for and interest in working as professional fiduciaries

There are no prerequisites for admittance to this program. However, to be eligible for a certificate, students taking this program must show proof of one of the following:
- A bachelor's degree from an accredited college or university, or
- At least five years of experience working in fiduciary management, or
- At least 60 semester units of college-level work and permission of the program manager

Note: California State University, Fullerton (CSUF), University Extended Education (UEE) does not guarantee that a student will qualify for examination eligibility, as defined by the Professional Fiduciaries Act, after completion of the CSUF Professional Fiduciary Management certificate program.

To view the licensing exam eligibility requirements and code of regulations visit the Professional Fiduciaries Bureau website here: http://www.fiduciary.ca.gov/.

It is recommended that participants who reside outside of United States and whose first language is not English possess English language proficiency equivalent to:
A minimum TOEFL score of 550 (paper) or 80 (iBT) or a minimum IELTS score of 6.5
There is no need to send the test score to the University.ÿ It the participant's responsibility to demonstrate English language proficiency necessary to fully participate in the class lectures and discussions.ÿ

Lee Anke
CEO & Advisory Representative, Prudent Investors Network
Susan Baer
Professional Fiduciary, Baer Fiduciary
Donald B Crane
Faculty, Department of Finance, California State University, Fullerton
George M Dery III
Faculty, Division of Politics, Administration & Justice, California State University, Fullerton
Joseph F Etienne
Professional Fiduciary, Probate Estate Administration
Lauren Henderson
Program Developer University Extended Education California State University, Fullerton
Kari A Knutson Miller
Dean, University Extended Education and AVP, International Programs & Global Engagement University Extended Education, California State University, Fullerton
Margo Lynch
Independent Conservator and Trustee
Michelle Mcbee
Independent Professional Fiduciary
Freddy Ochoa
Independent Professional Fiduciary
Ted Ong
President, Prudent Investors Network
Shelly Wang
Manager, Program Development, University Extended Education, California State University, Fullerton
Elaine Watrous
Trust Administrator, Law Offices of Donald A. Hunsberger

Program Details

Location: Online
Length: 6 months
Cost: $1820 per certificate, $2275 for both*
Next Start: Spring 2018

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* Cost is approximate and subject to change