Key Benefits

Tailored for RG146 Financial Planning

This course is tailored to enhance your understanding of the key elements learned in the Diploma of Financial Planning.

Free software

You’ll get the Student Edition of XPLAN for free for six months to help you complete the course.

Used by 70% of financial planners

XPLAN is used by 70% of all financial advisers including all four major banks.

Course Accreditation

This course is non-accredited training. However, you will receive a Statement of Completion.

The software (XPLAN) is used by 70% of financial advice providers, including the four major Australian banks.

Course Assessments

The experts who design and deliver our courses (click back to Course trainers to meet some of them) have developed an assessment framework that’s uniquely designed to help you gain a deep understanding of the material. They’ll give you the kind of knowledge and skills you can use in the real world as a business operator or manager. Assessment formats include:

Career Opportunities

Many job ads request XPLAN experience. There is a shortage of suitably capable RG146 grads with the XPLAN knowledge and skills firms need. This course has been developed to address that need.

XPLAN training must be understood in context. That is why we want you to complete your FNS50615 RG146 Diploma of Financial Planning and/or FNS60415 Advanced Diploma of Financial Planning with Monarch (or another provider) prior to, or at the same time as studying this XPLAN course.

Having XPLAN experience combined with a Diploma or Advanced Diploma of Financial Planning provides you the best chance of getting a first job as a para-planner or associate financial planner. This XPLAN course will set you apart in the job market.


Once you’ve completed this XPLAN short course, you may go on to study a Diploma of Financial Planning. The full Diploma is the ideal extension for those who are already in the industry, as administrators or para-planners, who want to step up and be able to give advice. Doing the XPLAN course first will give you a unique perspective on how financial planning knowledge is applied in daily practice.

Course Prerequisites

There aren’t any formal prerequisites. But to make sure you get the most out of training with us, the following enrolment process applies:

What equipment will I need?

You will need access to the following equipment to successfully complete the course:

It’s also ideal to have a financial calculator on hand.

Am I eligible for recognition of prior learning?

We may be able to take into account relevant knowledge and skills you’ve gained through previous formal or informal training, education and employment. To find out more, refer to our Student Information Guide by clicking here, or get in touch with one of our friendly course consultants.

Course Topics

Module 1

Client Focus (introduction)

Module 2

Portfolio and Modelling (investments)

Module 3

Wealth Solver (Superannuation)

Module 4

Risk Researcher (Insurance)

Course Duration

Is there a maximum course completion time?

Yes – up to six months.

Is there a minimum course completion time?

No. Students can complete the qualification as quickly as they choose.

What is the average course completion time frame?

Students who are highly motivated and well organised can often complete the full XPLAN course in less than six months. The key factors that influence course completion are a student’s experience, time availability, and work rate.

How it works

Study online. With a difference.

You’ll get:

How does it work?

This course has been developed to give you absolute flexibility. Study on your couch, on public transport, on your break at work, out in the park – wherever and whenever you like. The best part is, with Monarch Institute, ‘online’ doesn’t mean ‘alone’. You’ll be backed by our trainers at every step along the way.

What support will I get?

Your trainer will be happy to contact you via phone, Skype, Zoom, TeamViewer, or email (Monday to Friday, 9am to 5.30pm). So you definitely won’t feel alone. You’ll also have access to our student Facebook groups, so you can discuss the material with other students. It’s a handy way to stay in touch with trainers and others in the same course.

Do you offer corporate workshops?

Yes. We’re the corporate training partner of choice for several large organisations. Our trainers can also conduct onsite training for groups of six staff or more. Corporate workshops can be scheduled for any location in Australia. Got a new satellite office with staff in need of training? Running a training retreat in an idyllic location (yes please!)? Our trainers can be there.

Corporate workshops are tailored to your organisation’s needs. Get in touch with our friendly course consultants for more information.

Course Price

$950 (total)

Payment options include electronic funds transfer (EFT), credit card (MasterCard or Visa), cheque, or cash.

Meet your trainers

XPLAN experts
Lauren Davis
"When everything seems to be going against you, remember that the airplane takes off against the wind, not with it."
– Henry Ford

I’m a qualified financial planner with 15 years’ experience in the financial services industry. I have worked as a financial planner for a small business, as well as running my own business. In the past I’ve also worked for one of the big four banks. I know what it takes to support new starters; I’ve also worked in marketing and supporting other financial advisers to run and grow their own businesses.

What makes me jump out of bed each morning?

Coffee and my much-loved Cavoodle, Henry, ready for his morning walk. I enjoy going out for brunch, watching movies, and watching any sport I can, in particular my beloved Carlton Football Club.

Helen Russo
"Together, we can change the world”
– Akiroq Brost

I am a qualified financial planner holding a tertiary qualification in a Masters of Financial Planning as well as being a Certified Financial Planner (CFP®) since 2001. I started in the financial advice industry in 1997, after transferring from a role as a lending manager with ANZ.  During my 20 years in the financial advice industry, I’ve had a number of diverse roles including corporate super at NSP Buck, workplace financial planning with private clients at MLC, and professional and business banking with Macquarie. To follow this up, I set up and ran an Australian Financial Services License for an accounting firm.

Then in 2012 I co-authored and delivered a business succession insurance training program for financial planners and accountants for the Business Risk Institute of Australia.  In 2013 I established my own practice, Encompass Wealth – Financial Life Planning. We specialise in holistic life planning, focusing on the broader context of a client’s life rather than just the numbers. This means integrating clients’ values, vision and wealth.

In March 2017 I was appointed Director at CLIME Private Wealth. This role sees me using my experience, technical knowledge and coaching abilities to provide advice to baby boomers transitioning into their version of retirement.  This is indeed a challenging role, dealing with people at diverse and sometimes difficult times of their lives.  I’ve been using my life coaching skills together with other frameworks gained from transition and retirement coaching studies.

Education has been a major driver of my financial planning journey. I’m currently studying a Diploma of Life Coaching (due for completion in December 2017), and a Bachelor of Social Science (majoring in behavioural science) at Swinburne University.

I have an Advanced Diploma in Financial Planning, together with other specialist accreditations in retirement planning, SMSF, home and aged care, ALPA ASX listed products, collaborative law (financial adviser) and as a retirement and transition coach. I am also a member of the Financial Planning Association, an associate member of the AFA, SMSF Association and a fellow at the Australian Institute of Management.

What makes me jump out of bed each morning?

My family! And the ability to make a difference in someone’s life – I love working with people!

Ben Dascal
"Whether you think you can or you think you can’t, you’re right."
– Henry Ford

I am a qualified financial planner holding a tertiary qualification in financial planning, as well as being a Certified Financial Planner (CFP®). I’ve worked as a financial planner for an Australian bank for over two years. Before that, I worked for over seven years as an associate adviser for another financial planning company.

What makes me jump out of bed each morning?

I enjoy catching up with friends, going for walks with my wife and following the North Melbourne
Football Club.

Janine Cini
"The only way to do great work is to love what you do."
– Steve Jobs

I’m known as a bit of a superannuation guru here at the Monarch Institute office. I’ve got 30 years of experience in the financial services sector. I’ve worked in underwriting, corporate superannuation fund portfolios, business analysis, and self-managed superannuation funds.

I have undertaken a variety of roles, mostly within large corporations, but also with a number of small businesses. I’m passionate about sharing my knowledge and experience in Monarch Institute’s student contact hours here in Melbourne.

What makes me jump out of bed each morning?

It’s all about balance and fitting as much into the day as possible. If the sun is shining an early morning horse ride is a must. A good balance of work to stimulate the mind and Pilates to keep in shape. And never a dull moment with three children and a close family living nearby.

Josh Wilson
"Limitations live only in our minds. But if we use our imaginations, our possibilities become limitless."
– Jamie Paolinetti

I am a qualified financial planner with tertiary and vocational qualifications in financial planning and law. I’ve had 17 years of experience in the financial planning and wealth management industry. I have worked as a financial planner for a large Australian bank and boutique wealth management firm for over 10 years, and prior to that, as a fund accountant for a London-based asset manager.

What makes me jump out of bed each morning?

I am usually woken up by my two girls first! I get excited to see my heirloom tomatoes growing strongly in spring. I love cooking at home on the weekend, hanging out in the park with my wife and two girls, and I’m a mad (suffering) Carlton supporter.

Any questions? Ask away!

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XPLAN education.
For the real world.

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XPLAN Training Course

  • Learn the financial services industry’s go-to software package from the ground up
  • Get the edge on other financial services job candidates
  • Fit your practical education around other work, study and personal commitments
Click to expand
Duration Up to six months
How it works Study online. With a difference.
Price $950
Career opportunities XPLAN trainer | Para-planner | Associate financial planner
Course topics Four modules
Accreditation Non-accredited | Statement of Completion
Course trainers XPLAN experts

FNS50615 Diploma of Financial Planning


No formal prerequisites | RPL available | Some equipment needed

Assessments Multiple small assessments | No exams
Start date Immediately, or whenever you’re ready.
Get in touch about enrolling
Payment Options There are two ways you can pay for your course...
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