Wishing you health, peace and prosperity.
All of us at Business Career College want to thank you for your business, loyalty, and
support in 2018. We will see you again in 2019!
Leadership Change at BCC
By Bob Watt, EPC
Up until mid-December, 2018 from the time that BCC was created by myself as Ment-r.com in 1997 through the purchase of Business Career College, I have had the role of Chief Executive Officer and provided the leadership for the organization. Over the years both Penny and Jason have taken on more of the responsibilities. We have now made the final transition of responsibilities with Jason assuming the role of CEO effective immediately. I will take on the role of Director of Instruction Services with involvement as LLQP instructor with Jason and I sharing the CE classroom responsibilities.
This marks an exciting transition for our business. The future looks bright. We needed someone with Jason’s skills and energy to lead the business as we move more and more into the world of using technology to deliver our education services. Penny will continue to stay involved in her role as Director of Business Development. Penny and I are making another significant move, having sold our home in Calgary. We have now take up residence in Langley.  
Upcoming Dates
Edmonton - Jan 21-24
Webinar - Jan 28-31
Mar 07 & 08
Webinar - April 05, 12, 26 & May 03
Webinar - May 15, 16 & 27
Webinar I - May 01, 02 & 22
Edmonton - May 13, 14 & 23
Webinar II - May 21, 28 & 29
CLU Designation

The Chartered Life Underwriter® designation indicates a competence in wealth transfer and estate planning. 

CLU 255: Advanced Concepts in Tax & Law for Personal Planning
March 05, 12, 19 & 26, 2019
CLU 256: Tax & Legal Principles for Business & Their Owners
June 03, 06, 12 & 18, 2019
CLU 257: Advanced Estate Planning
August 06, 13, September 03, 10 & 24, 2019

What do you learn in CLU?
Jason Watt, CD, CLU
I spent much of December at various Christmas events. I must be a boring conversationalist, because I find the topic often turns to designation programs for financial advisors. Given that we have two initiatives upcoming related to the Chartered Life Underwriter program, I will take this opportunity to discuss that program.
First, the CLU is not so much an insurance designation as it is a tax and estate planning designation. There is very little pure insurance content left in the CLU. The insurance stuff that remains is primarily focused on estate and succession issues. The textbooks have the same chapters around insurance contract law as what used to be in the Advocis LLQP textbook. There is no discussion of actuarial principles, or field underwriting, or annuities, or complex beneficiary designation outcomes.
So, if there is minimal insurance content left in the CLU, what is there? I always tell prospective students that if they are working with business owners, including farmers, then the CLU might be right for them. So much of the focus is on business succession. We cover trusts, taxation, buy-sell agreements, estate freezes, domestic agreements, and a variety of other topics that a financial advisor might talk to a business owner client, or their own advisors, about.
As mentioned, we have two upcoming initiatives related to the CLU. First, we have our annual CLU webinar courses starting in March. Course 255 (the first course in the program) runs over 4 days in April. Course 256 runs over 4 days in June, and Course 256 runs over 5 days in August, September, and October, culminating in an exam, which is tentatively scheduled for early October. If you’re interested, please respond to this newsletter. You must have completed at least the Core Curriculum leading to the CFP certification in order to pursue the CLU.
The second initiative is a webinar series that I am describing as ‘CLU-Lite’. This is a 43 video series, each video running 10-20 minutes. Upon release, the videos will have quizzes attached, so those who watch will be able to obtain CE credits. Taking in the whole video series (about 8 hours of content) will provide 8 CE credits as well as a good preview of the content of the CLU program.
As always, thanks for reading, and the best of the New Year to you!
Academic Code of Conduct
To ensure that students accessing education from Business Career College follow proper procedures and to ensure that people maintain ethical standards when taking our various exams, we have found it necessary to include an “Academic Code of Conduct” for all students to acknowledge agreement to prior to proceeding through the exam process.