Grow Wealth: Asset Management

Explore the basics of portfolio management using traditional asset classes. Learn how to identify appropriate risk and return parameters and how to explain asset allocation, diversification, and portfolio performance to clients.

15-Jul-2010 -- 16-Jul-2010New YorkUSD$2475
NY Institute of Finance - Midtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ James R. Davis; ] Thu Fri Level: Intermediate

CPE CREDITS
14.0
New Private Bankers, New Wealth advisers, 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 portfolio management
  • Understand how to identify appropriate risk and return parameters
  • Explain asset allocation, diversification, and portfolio performance to clients.
Minimum experience of one year is recommended.
Part 3 of the Wealth Management Program
Day 1
  • Introduction/Objectives
  • Risk/Return Pyramid Exercise
  • Types of Investment Risks and Opportunities
  • - Industry/company risk
  • - Market risk
  • - Credit risk
  • - Interest rate risk
  • - Call/reinvestment risk
  • - Inflation risk
  • - Liquidity risk
  • - Currency risk
  • - Political/economic risk
  • - Market timing risk
  • Investment Instruments - Client Factors -Market Factors
  • - Three Major Types
  • - - Equity
  • - - Debt
  • - - Synthetic

  • Client Factors
  • - Purpose of Funds
  • - Time Horizon
  • - Risk Tolerance
  • - Liquidity Needs
  • - Tax Considerations
  • Game (exercise to review investment terms and principles)
  • Introduction to Asset Allocation
  • Asset Allocation Exercise 1
  • Debrief Asset Allocation Exercise

Day 2
  • Debrief Homework Exercise
  • Securities Valuation – Bonds
  • - Yield Curve - Effect on Various Bonds
  • - Credit Risk
  • - Coupon Risk - Impact of Coupon on Price Volatility
  • - Maturity Risk - Impact of Maturity on Price Volatility
  • - Duration Risk – Impact of Duration on Price Volatility
  • - Call Risk - Impact of Callability on Price Volatility
  • Game (exercise to review investment terms and principles)
  • Securities Valuation – Stocks
  • - Reasons for Price Fluctuations
  • - Sources of Potential Reward
  • - Dividends - Capital Gains - Currency
  • - Techniques for Estimating Future Prices
  • - Considerations:
  • - General market trends
  • - Companies earnings trend
  • - Relative valuation (e.g. P/E ratio, yield,etc.)
  • - Use of Technical Analysis
  • - How Exposure to Foreign Exchange Alters Investment Re¬turns

  • Debrief Homework Exercise
  • Diversifying Investments
  • - By asset class
  • - By geography
  • - By style
  • Game (exercise to review investment terms and principles)
  • Portfolio construction
  • - Asset allocation
  • - Security selection
  • - Currency strategy
  • Review exercise
  • Wrap up and evaluations

  • Review Exercise

Clients who register for this course will receive a complimentary 3 month subscription to the Financial Times and FT.com. The Financial Times is the world's most respected financial newspaper, providing a broad assessment on finance, business and the industrial sector. Subscriptions will start within 6-8 weeks of the application process and are limited to one per client. For questions about your subscription, call 800-628-8088 or email uscirculation@ft.com. U.S. enrollees only. (All non-U.S. enrollees will receive a subscription to FT.com only.) Lunch included for all students taking day classes.

Lunch included for all students taking day classes.