Introduction to the Wealth Environment

This introduction paints the big picture of the wealth environment and how it cycles through changes. Learn the basics of global economics and how this impacts wealth generation as well as the risks to maintaining wealth in all parts of the world.

•Global Economy •Economic Cycles •Risk Factors •Impact on Wealth Creation & Retention

16-Apr-2012 -- 16-Apr-2012St. PetersburgUSD$1575
NY Institute of Finance - St. Petersburg9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ Naveen Malhotra; ] Mon Level: Basic

29-Oct-2012 -- 29-Oct-2012St. PetersburgUSD$1575
NY Institute of Finance - St. Petersburg9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ Naveen Malhotra; ] Mon Level: Basic

CPE CREDITS
7.0
New Private Bankers; New Wealth Advisors; Brokers who are going to cover broader wealth solutions; Portfolio Managers and other Product Specialists requiring an in-depth overview of wealth management; Individuals working in the finance arena
No advance preparation required.
Students will be able to:
  • Understand the basics of global economics
  • Understand the relationship between economics and wealth generation
  • Understand the risks to maintaining wealth in all parts of the world.
None
Part 1
  • Size of the global economy
  • Key drivers of wealth creation
  • Global wealth distribution
  • How high net worth individuals allocate their wealth
  • Business and economic cycle indicators
  • Investors and the global economic cycle
  • Risks confronting investors

Part II

  • The business of wealth management
  • Client relationship management models
  • The client relationship process
  • Relationship manager talent profile
  • Client market segmentation
  • identifying types of clients
  • Know your client (KYC)
  • Client profiling

Part III

  • The asset management process
  • Benefits of diversification
  • Investment vehicles

Part IV

  • Credit
  • The 5 Cs of credit
  • Types of credit

Part V

  • Estate planning
  • What is a trust?
  • Why use a trust?

Clients who register for this course will receive a complimentary 4-month subscription to FT.com. The Financial Times is the world's most respected financial newspaper, providing a broad assessment on finance, business and the industrial sector. The move to the electronic version follows an ongoing review of our environmental responsibilities as a global business and as part of the Pearson group. FT.com also has features that are not available in hard copy, such as: Special Reports, Alphaville, editor blogs, education sections and much more! Subscriptions will start within 6-8 weeks of the start of class and are limited to one subscription per client. (Please note: as of May 1, 2011, the electronic subscription replaces the hard-copy 3-month Financial Times subscription.)

Lunch is included for all students taking day classes.