5 CPD
Course Description
This course explains the meaning of “Wealth Management”, “Family Offices” and why someone may need a “Family Office”. It elaborates on the meaning of “Advising Clients”, the investor types and the different disclosures to investors.
Wealth Management is more than just investment advice. If properly conducted, Wealth Management should encompass all parts of a person’s financial life. A Wealth Manager coordinates the services needed to manage their clients’ assets, along with creating a strategic plan for their current and future needs.
This course elaborates on “Determining Client Needs”, including the client requirements, a client’s personal and financial details and client’s information. It indicates the investment objectives and their classification, as well as it elaborates on investor’s risks, risk profile, risk classification and risk tolerance. It also provides a case study for better understanding.
It describes the investment planning, the different asset classes, including cash, bonds, the role of bonds, investment returns on bonds, property, property funds, equities, the role of equities, as well as it elaborates on the investment funds characteristics, including the Open Ended Funds, Closed Ended Funds, Exchange Traded Funds and provides a case study on “retirement” for better understanding.
This course also explains what a UCITS is and the UCITS allowable investments, market risk, risk principles and risk limits. From the point of view of investors, UCITS are subject to financial risks and to certain operational risks that can materialize into capital losses or poor investment performance.
Furthermore, this course elaborates on the Packaged Retail & Insurance-based Investment Products (PRIIP) regulation. The PRIIP regulation requires every products manufacturer and distributor to provide retail investors with a Key Information Document (KID). This course describes the KID content and provides examples.
Topics covered
The course is split into the following sections:
Section 1: What is wealth management?
- Wealth Management or Investment Advice?
- Family Offices
- Does someone need a Family Office?
- Family Offices – Bill Gates
Section 2: Advising Clients
- Investor Types
- Who’s a professional investor
- Well Informed Investor
- Terms of Business & Client Agreements
- Status Disclosure
- Know your Customer
- Suitability and Appropriateness
- Product Disclosure and Other Disclosures
Section 3: Determining Client Needs
- Financial Advice Process
- Client Requirements
- Personal and Financial Details
- Client Information
Section 4: Objectives and Strategy
- Investment Objectives
- Risk Tolerance
- Risk Classification
- Risk Profile
- Investor Risks
- Investment Preferences
- Liquidity Requirements
- Time Horizons (indicative)
- Case Study 1
Section 5: Investment Planning
- Asset Allocation
- Asset Classes
- Cash
- Role of Cash
- Cash Assets
- Money Markets
- Money Market Instruments
- Money Market Funds
- Bonds
- Bond Characteristics
- Investment Returns
- Risks Associated with Bonds
- Corporate Bond Risks
- Bond Investing
- Role of Bonds
- Bond Funds
- Property
- Types of Property
- Property Funds
- Equities
- Equity Characteristics
- Types of Shares
- Benefits of Share Ownership
- Corporate Actions
- Investing in Equities
- Role of Equities
- Equity Funds
- Cash
- Selecting Funds
- Prospectus
- Analysing Funds
Section 6: Investment Funds
- Fund Characteristics
- Open Ended Funds
- Closed Ended Funds
- Investment Trusts
- Exchange Traded Funds
- Structured Products
- Case Study 2
Section 7: Investment Funds in Europe
- What’s a UCITS?
- Allowable Investments
- Not a UCITS
- UCITS risks
- UCITS Market Risk
- Not Just Market Risk
- More than Market Risk
- UCITS Risk Principles
- UCITS Risk Limits
- UCITS Risk Limits Deviations
- Risk Limits for Control
- Case Study 3
Section 8: The PRIIP (Packaged Retail and Insurance-based Investment Products) regulation
- About PRIIPs
- PRIIP Scope
- Non-PRIIPs
- Retail vs Non-Retail Clients
Section 9: The KID Content
- Content Dissected
- Example – S&P500 UCITS
- Risks and return
- Scenarios
- KID Timing
Course Duration
This course may take up to 5 hours to be completed. However, actual study time differs as each learner uses their own training pace.
The course is addressed to:
This course is addressed to all individuals who are involved in Investment Firms (forex, brokers, etc) and Funds’ industry such as:
- Executive Directors, Non-executive directors, Senior Managers, Compliance Officers, Risk Managers, Product Managers, Portfolio Managers, Investment Advisors, Dealers, Marketing Managers and in general employees of investment firms, Funds and Fund Managers.
- Fund Administrators
- Fund consultants
- Internal Auditors
- Professionals in the Funds’ industry
- Lawyers
It is also suitable to professionals pursuing CPD for the renewal of CySEC Certificate (CySEC Basic and CySEC Advance Certificate) or other relevant professional certificates in other jurisdictions.
Training Method
The course is offered fully online using a self-paced approach. The learning units consist of power point presentations. Learners may start, stop and resume their training at any time.
At the end of the course, participants take a Quiz to complete the course and earn a Certificate of Completion once the quiz has been passed successfully.
Accreditation and CPD Recognition
The course may be accredited by regulators and other bodies for up 5 CPD Units, that require CPD training in financial and other regulation.
Eligibility criteria and CPD Units are verified directly by your association or other bodies in which you hold membership.
Registration and Access
To register to this course, click on the Take this course button to pay online and receive your access instantly. If you are purchasing this course on behalf of others, please be advised that you will need to create or use their personal profile before finalizing your payment.
Access to the course is valid for 90 days.
If you wish to receive an invoice instead of paying online, please Contact us by email. Talk to us for our special Corporate Group rates.
Instructor
With more than 10 years of experience, Nektarios is an expert in the financial services industry, having worked in key roles at investment funds, CIFs and other service providers. His exposure to the industry allowed him to gain knowledge in a variety of vital investment functions.
Complementing his practical knowledge of the industry, Nektarios also holds a number of professional and academic qualifications, including CySEC’s Advance Certification. He is currently employed by an Investment Fund.
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