The Wealth Management Program (WMT)

Introduction

The differentiation between this program and the Financial Planning Program occurs not so much in relation to the domains of knowledge covered in the programs but in the breadth and depth of coverage. Typically both groups of practitioners, Personal Financial Planners and Wealth Managers, are expected to understand the relevant conceptual base of the subject areas contained in the Fundamentals of Financial Advice. However, in the Wealth Management Program, the Financial Advisor will need to develop his competencies by acquiring higher level of mastery of the various techniques and tools associated with each domain
of knowledge presented in the courses.

Objectives

To develop the Financial Advisors competencies by acquiring a high level of mastery of the various techniques and tools associated with each domain of knowledge presented in the CPFP courses.

Assessment

Candidates to this program are awarded a Diploma after passing all 4 modules of the program and a designation upon successful completion on Apprenticeship phase and a Final Qualifying Exam. (See diagram)

Content and Structure

  1. Module I - Corporate Financial Statement Analysis
    • Advanced accounting concepts
    • Basics of corporate finance
  2. Module II - Advanced Investment and Portfolio Management
    • Valuation of specialized investment instruments
    • The valuation of a firm
    • Advanced portfolio management
  3. Module III - Real Estate Valuation
    • Valuation techniques for real estate investment assets
    • Tangible assets
    • Taxation
    • Legal and regulatory environment
  4. Module IV - Legal Aspects of Wealth Management
    • The functions and organizational structure of western governments
    • The frameworks of different legal systems
    • Fundamental/Pervasive rights and obligations – The Law of Torts
    • Voluntarily established rights and obligations – The Law of Contracts
    • Different types of interests in different types of property
    • Matters associated with cross-border transactions

Program Pre-requisites

Candidates to the Wealth Management Program must fulfill the following requirement:

  • Successful completion of the CPFP Diploma

English language courses, computer skill courses and Foundation courses and challenge exams in Math, Accounting and Economics, are available at the Institute of Banking.