cwm certification & aafm india orientation
DESCRIPTION
Understand the best career available in Finance with International opportunity.TRANSCRIPT
AMERICAN ACADEMY OF FINANCIAL MANAGEMENT®
CHARTERED WEALTH MANAGER® (CWM®)
CERTIFICATION - ACCREDITED UNDER SEBI (INVESTMENT ADVISERS)
REGULATIONS, 2013
Presented By: Team AAFM India
Flow of Presentation
Employability About AAFM®
Accreditation of CWM® & AAFM®
Curriculum & Examination of CWM® Certification
Career Path of a Wealth Manager
What is employability?
A set of achievements, understandings and personal attributes that make individuals more likely to gain employment and be successful in their chosen careers. (Knight and Yorke, 2003).
Employability depends on:
• YOUR assets in terms of the knowledge, skills and attitudes you possess (K&B)
• the way YOU use and deploy those assets; (D)
• the way YOU present them to employers; (Sell)
Plan your career
This is where you are
This is where you want to go in your career
Planning is the only way you reach your destination
You need to You need to take the take the
Right Right steps steps to to reach your reach your destinationdestination
Stand Out In the Crowd
Create a Mark
Build you Knowledge quotient so that you differentiate yourself from the 352K graduates coming out 4000 MBA institutes in the country
Your MBA from a premium institute is a feather in your cap but don’t rest on your laurels, add more to the knowledge quotient with industry specific courses and certifications
It could be the difference between you and the next guy in the shortlist for the job
Flow of Presentation
Employability About AAFM®
Accreditation of CWM® & AAFM®
Curriculum & Examination of CWM® Certification
Career Path of a Wealth Manager
AAFM® - Fast Facts
Global Presence - 150+ Countries & Truly Global Since 1999…
Mainland - China
Hong Kong (SAR)
Kuwait City
Doha, Qatar
Dubai, UAE
Taipei, Taiwan
Athens, Greece
Ghana, Africa
USA
Middle East – The Arab Academy - Recognized in 22 Arab League Nations
International Affiliates
AAFM® Asia – Momenta Group American Academy of Business and Finance
Management – South America AAFM® @ Latin America Ivy Education
Group – Taiwan AAFM® China Association of Chartered Economist (ACCE),
Ghana ITI International Tax Institute – South Africa Managerial & Financial Training Center
(MFTC) – Saudi Arabia – Dubai International Finance Centre Arab
Academy of Banking and Financial Science - Recognized in 22 Arab League Nations
Flow of Presentation
Employability About AAFM®
Accreditation of CWM® & AAFM®
Curriculum & Examination of CWM® Certification
Career Path of a Wealth Manager
NISM ACCREDITATION CERTIFICATE
CWM® Accreditation Under SEBI ( Investment Advisers) Regulations, 2013 - EFFECT
As per the recent development, any individual or entity willing to provide Financial Advisory Services is mandated to register with the SEBI as the Registered Investment Adviser (RIA) under the SEBI ( Investment Advisers) Regulations, 2013, It further mentions the certification requirement to register as the RIA under the Regulation 7(2) enumerated as below:Regulation 7 - Qualification and certification requirement
7 (2) An individual registered as an investment adviser and partners and representatives of investment advisers registered under these regulations offering investment advice shall have, at all times, a certification on financial planning or fund or asset or portfolio management or investment advisory services:(a) from NISM; or(b) from any other organization or institution or any recognized stock exchange in India provided that such certification is accredited by NISM.:Provided that the existing investment advisers seeking registration under these regulations shall ensure that their partners and representatives obtain such certification within two years i.e. (April 21, 2015) from the date of commencement of these regulations:Provided further that fresh certification must be obtained before expiry of the validity of the existing certification to ensure continuity in compliance with certification requirement.
Industry Partners of AAFM India
AACSB Accreditation
Flow of Presentation
Employability About AAFM®
Accreditation of CWM® & AAFM®
Curriculum & Examination of CWM® Certification
Career Path of a Wealth Manager
Defining Wealth Management
Many definitionsA type of financial service that combines personal investments, tax planning strategies, estate planning and legal counsel. It is designed to provide a broad array of services within the confines of one office.Wealth management is an investment advisory discipline that incorporates financial planning, investment portfolio management and a number of aggregated financial servicesIn simple terms - Wealth Management as the name suggests is managing the Wealth of the individual across multiple asset classes and services
Curriculum of CWM® Certification
LEVEL 1 LEVEL 2UNITS NAME OF UNIT
Introduction to Wealth ManagementUnit 1 Concept of Wealth ManagementUnit 2 Indian and Global Financial System Investment Management & Planning
Unit 3Measuring Investment Returns In Wealth Management
Unit 4Managing Investment Risk in Wealth Management
Products in Wealth Management
Unit 5Investment Vehicles of Wealth Management
Unit 6 Role of Wealth Management in BankingLaws on Wealth ManagementUnit 7 Legalities In Wealth ManagementUnit 8 TAX Laws for Wealth ManagementApplied Wealth ManagementUnit 9 Life Cycle Management
Unit 10Intergenerational Wealth Transfer & Tax Planning
UNITS NAME OF UNIT
Asset Classes of Wealth Management
Unit 1 Equity Analysis
Unit 2Alternative Products in Wealth Management
Unit 3 Real Estate Valuation and Analysis
Practice of Wealth Management
Unit 4 Behavioral Finance in Wealth Management
Unit 5Relationship Management by a Wealth Manager
Tools of Wealth Management
Unit 6 Loan & Debt Management
Unit 7 Portfolio Management Strategies
Unit 8 International Tax and Trust Planning
Applied Wealth Management
Unit 9 Wealth Management Planning
Unit 10 Advanced Wealth Management
Universe of Client HandlingBased on the Size of Clients’
Portfolio
HNI = USD 1 Million
UHNI = USD 5 Million
Benefits of CWM® Certification The CWM® Designation demonstrates the proficiency in
Wealth Advising Qualified professionals shall develop trust with their
advisors/clients on a better footings Helps in deeper penetration in the Financial Advisors
Network as a Knowledge Pool Helps in generating increased sales revenue through the
Financial Advisors Network Access to knowledge platforms that offer lead
management, asset management, portfolio management, financial profiling, asset allocation and transaction management capabilities can integrate multiple touch points and improves advisor experience
It is the first graduate Wealth Management Charter & Board certification in the world
Featured in the Investopedia, Forbes, China Daily, Financial Times, Black Enterprise, Wall Street Journal
Use of Board Certified Designations after your name on your Business Card and on your Promotional Materials.
Global Certification in true sense and no territorial examination required.
Be part of Large Members Network of 50,000+. Members in more than 100 Countries with Global
AACSB Alliance. Access to technology systems and CRM worth Rs 100K
Benefits of CWM® Certification
CWM® Examination Format
Level 1 – Foundation Course Exam Duration – 2 Hours Examination Type - MCQ’s (Objective) Examination Pattern - 1 Mark – 30 Questions, 2 Marks – 15
Questions, 4 Marks – 10 Questions
Level 2 – Advanced Wealth Management Exam Duration – 3 Hours Examination Type - MCQ’s (Objective) Examination Pattern - 1 Mark – 40 Questions, 2 Marks – 30
Questions, 4 Marks – 15 Questions
No Negative Marking. 50% passing percentage. *The candidate registered through Experience
Pathway is exempted for Level 1 Examination
Flow of Presentation
Employability About AAFM®
Accreditation of CWM® & AAFM®
Curriculum & Examination of CWM® Certification
Career Path of a Wealth Manager
Why should you earn the CWM®? Higher Salaries. Earn up to 25% more than your
non-certified peers. Increases Job Security. Validates your
competency in liquidity, capital and risk management functions.
Better Career Flexibility. Prepares you for greater on-the-job responsibilities.
Improves Marketability. Stand out against other applicants in a tough job market.
Boosts Credibility. Attaining the Globally Coveted Designation helps in boosting your credibility.
Cutting Edge Skills and Knowledge: The knowledge and skills you gain on pursuing the program improves your on job performance.
Career path of a Wealth Manager
Broad CTC range
Broad Experience
Career advancement
Note -All data is indicative and will vary by company
Skills Required
• Soft Skills
• Product skills
• Customer Management
• Selling skills
• Business understanding
• Understanding market and competition
FEE TABLE FOR CWM® CertificationHeads Resident Indian Candidate Overseas
Candidate
PathwaysCompulsory
PathwayExperience Pathway
Corporate Member Pathway
Eligibility Passed 10+2 examination and No prior work experience
Passed Graduation and 3 years of minimum prior work experience
Candidate should be an employee/associate/advisor/etc. of the Corporate Member of AAFM India
Minimum a Graduate and Not Residing in India
Work Experience*
Less Than 3 Yrs Equal to or More Than 3 Yrs
Case to Case Basis
NA
Registration Fee
Rs. 11,236/- Rs. 11,236/- Rs. 5,618/- USD 1000
Courseware Fee
Rs. 6742/- Rs. 6742/- Rs. 6742/- Included in Registration Fee
Fee Payable at the Time of Registration
Rs. 17,978/- Rs. 17,978/- Rs. 12,360/- USD 1000
Examination Fee%
Level 1 Rs. 2,247/-Level 2 Rs. 3,370/-
Level 1 N/ALevel 2 Rs. 3,370/-
Level 1 N/ALevel 2 Rs. 3,370/-
USD 200
Certification Fee#
Rupee Equivalentto USD 100
Rupee Equivalentto USD 100
Rupee Equivalentto USD 100
Rupee Equivalentto USD 100
Validity$ 365 Days 365 Days 365 Days 365 Days
BUILDING WEALTH MANAGERS OF TOMORROW