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Reference: https://www.aafmindia.co.in/CWMCertification/CharteredWealthManagerCurriculum.aspx

AAFM GLO_CWM_LVL_1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Role of Wealth Management in Banking8%- Private banking services
- Regulatory compliance
- Credit and lending solutions
Topic 2: Retirement and Life Cycle Planning10%- Long-term financial sustainability
- Pension and annuity products
- Retirement needs analysis
Topic 3: Legal and Regulatory Framework10%- Cross-border regulations
- Fiduciary duties and ethics
- Contract and property law
Topic 4: Global Financial System13%- Structure of global financial markets
- Equity, debt, commodity and currency markets
- Financial intermediaries and regulators
Topic 5: Estate and Intergenerational Wealth Transfer8%- Inheritance and gift tax rules
- Wealth transfer mechanisms
- Wills, trusts and succession planning
Topic 6: Tax Planning Basics12%- Post-tax return optimization
- Tax-efficient investing
- Income, capital gains and wealth tax
Topic 7: Concept of Wealth Management12%- Wealth management process
- Client life cycle and goal setting
- Overview and role of wealth management
Topic 8: Investment Vehicles18%- Fixed income, equities, mutual funds
- Alternative investments
- Features, liquidity and risk profile
Topic 9: Risk and Return Measurement15%- Risk-return tradeoff
- Risk metrics: volatility, VaR, beta
- Return calculation and benchmarking
Topic 10: Insurance and Risk Management14%- Life, health, property and liability insurance
- Risk mitigation strategies
- Types of personal and asset risks

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