Wealth Management - Online

This course covers diversification, tax issues, duration, risk tolerance, market timing, estate planning and dollar cost averaging - investment vehicles and concepts that lie at the heart of developing an investor profile and implementing successful wealth management strategies. It concludes with a case study integrating several issues common to wealth management that shows the banker/investment advisor how to apply these techniques to real-world situations.

This is an asynchronous eLearning course that can be accessed 24/7 from any internet enabled computer. Subscription period for this course is 90 days.


Students will be able to:
  • Determine your client's time horizon
  • Identify your client's level of risk or risk tolerance
  • Understand the impact of your client's tax rates on investment decisions
  • Construct an appropriate investment approach utilizing your client's time horizon, risk tolerance and tax
  • Define duration to determine the validity of an investment strategy
  • Understand the factors that immunize a portfolio
  • Understand how to mix duration to meet clients' investment objectives
  • Assess the risks associated with duration
  • Differentiate between systematic and unsystematic risk
  • Understand the basics and application of portfolio theory
  • Understand how to diversify among asset classes in a portfolio.
  • Allocate a client's assets among the appropriate assets.
  • Implement asset allocation decisions for a portfolio.
  • Assist clients to minimize estate and income taxes Analyze the needs and interests of a sample client.
  • Apply the investment principles of wealth management in order to provide sound investment advice to a client.
  • Determine the best investment strategy for the sample client.
None
Investor profile / introduction
  • Course overview
  • Determining the client's time horizon
  • Determining the client's risk tolerance
  • Determining the client's tax rates and implications
  • Constructing an appropriate investment approach

Time horizon

  • Defining duration
  • Immunizing a portfolio
  • Duration of stocks
  • Mixing duration
  • Duration and risk

Risk

  • Diversification and the different investment vehicles
  • Assets, not investments
  • Investments as assets
  • Picking asset classes

Implementation

  • Choosing an asset mix
  • Mutual funds vs. direct investment
  • Market timing vs. dollar averaging
  • Which investments, which account
  • Planning for the next generation

Case study

    This case presents several issues common to wealth management for high-net-worth investors. The case addresses trusts, generating current income, diversification, dollar averaging, asset allocation, and risk analysis