The document provides information about the Certified Wealth Manager certification from Vskills. It describes wealth management as having a wide scope of opportunities that requires understanding of financial planning and products. The certification focuses on the steps and processes of wealth management, and helps improve candidates' chances of getting jobs or promotions in fields like wealth management, financial planning, and fund management. It provides details on the certification structure, syllabus, sample questions, and companies that hire candidates with this certification.

1. Certified Wealth Manager
VS-1040

2. Certified Wealth Manager
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CertifiedCertifiedCertifiedCertified Wealth ManagerWealth ManagerWealth ManagerWealth Manager
Certification CodeCertification CodeCertification CodeCertification Code VS-1040
Wealth Management has a wide scope of opportunities for individuals planning to make a
career in finance. It requires thorough understanding of financial planning process, as well
as, of financial products including equity, banking and fixed income, insurance, derivatives
and structured products. A wealth manager must be conversant with these aspects to assist
the client in aligning to their wealth management plans and provide additional value to
them.
Why should one take this certification?Why should one take this certification?Why should one take this certification?Why should one take this certification?
Vskills Certification in Wealth Management is for those candidates looking for
opportunities in this sector catering to wide variety of services. The Certification focuses on
the steps and process involved in wealth management, understanding client goals and
constraints, role of insurance, retirement and estate planning and wealth management
strategy. Vskills certification significantly improves the chances of getting the desired role
and is an additional value to the candidate. This certification can be taken by candidates
looking for new job opportunities or promotion or skill assessment.
Who will benefit from taking this certification?Who will benefit from taking this certification?Who will benefit from taking this certification?Who will benefit from taking this certification?
Vskills Certification in Wealth Management is for candidates who are well-prepared and
enthusiastic about entering this field and candidates who wish to improve their skill set and
make their CV stronger. The Certification also assists the existing employees looking for a
better role and proves their employers the value of their skills.
Test Details:Test Details:Test Details:Test Details:
• Duration:Duration:Duration:Duration: 60 minutes
• No. of questions:No. of questions:No. of questions:No. of questions: 50
• Maximum marks:Maximum marks:Maximum marks:Maximum marks: 50, Passing marks: 25 (50%); There is no negative marking in
this module.
Fee Structure:Fee Structure:Fee Structure:Fee Structure:
Rs. 4,500/- (Includes all taxes)

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Companies that hireCompanies that hireCompanies that hireCompanies that hire VskillsVskillsVskillsVskills CerCerCerCertified Wealth Managertified Wealth Managertified Wealth Managertified Wealth Manager
Vskills Certified Wealth Manager finds employment in big or small companies as a Wealth
managers, financial planners and advisers, fund managers etc. There is a shortage of skilled
professionals in this field and companies are in a constant look out of people well
acquainted with the work culture and the processes involved.

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Table of Content
1.1.1.1. Introduction to Wealth ManagementIntroduction to Wealth ManagementIntroduction to Wealth ManagementIntroduction to Wealth Management
1.1 Understanding Wealth Management
1.2 Wealth Management Process
1.3 Phases in Wealth Management
1.4 Wealth Management Market in India
2.2.2.2. Understanding Client Goals and ConstraintsUnderstanding Client Goals and ConstraintsUnderstanding Client Goals and ConstraintsUnderstanding Client Goals and Constraints
2.1 Client Profiling
2.2 Setting Goals and Prioritization
2.3 Gathering Data
3.3.3.3. Classes of AssetClasses of AssetClasses of AssetClasses of Asset
3.1 Debt as an Asset Class
3.2 Equity as an Asset Class
3.3 Real Estate as an Asset Class
3.4 Commodities as an Asset Class
3.5 Art as an Asset Class
3.6 Investments in Stocks
4.4.4.4. Types of Portfolio and PoliciesTypes of Portfolio and PoliciesTypes of Portfolio and PoliciesTypes of Portfolio and Policies
4.1 Objectives of Investment
4.2 Investment Time Horizon
4.3 Expected Return and Risks
4.4 Investment Recommendation
4.5 Financial Recommendation
4.6 Personal Investment Portfolio
4.7 Retirement Portfolio
4.8 Capital Need Analysis
5.5.5.5. Introduction to TaxIntroduction to TaxIntroduction to TaxIntroduction to Tax
5.1 Tax Reduction
5.2 Income vs. Gains
5.3 Unsymmetric risks vs. Capital Gain Taxes
5.4 Tax Efficiency
5.5 Asset Allocation
5.6 Annuities
6.6.6.6. Insurance and Wealth ManagementInsurance and Wealth ManagementInsurance and Wealth ManagementInsurance and Wealth Management
6.1 Types of Insurances
6.2 Benefits of Life Insurance

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6.3 Life Insurance Product and their Types
6.4 Insurance for Wealth Management
7.7.7.7. Estate planningEstate planningEstate planningEstate planning
7.1 Introduction
7.2 Need and Tools for Estate Planning
7.3 Personal Property and Collectibles
8.8.8.8. Retirement PlanningRetirement PlanningRetirement PlanningRetirement Planning
8.1 Introduction
8.2 Purpose of Retirement Planning
8.3 Faults and mistakes in Retirement Planning
9.9.9.9. CliCliCliClient Educationent Educationent Educationent Education
9.1 Process of Investment
9.2 Return on Investment
9.3 Risk Management
9.4 Asset Allocation
10.10.10.10. Investment MathematicsInvestment MathematicsInvestment MathematicsInvestment Mathematics
10.1 Normal Distribution and related measures
10.2 Measures of Risk
10.3 Moments
10.4 Regression
10.5 Compounding
10.6 Other Mathematical Tools and Techniques
11.11.11.11. Investment TInvestment TInvestment TInvestment Theoryheoryheoryheory
11.1 Modern Portfolio Theory
11.2 Capital Market Theory
11.3 Chaos Theory
11.4 Efficient Market Hypothesis (EMH)
11.5 Time Diversification
12.12.12.12. Business of Wealth ManagementBusiness of Wealth ManagementBusiness of Wealth ManagementBusiness of Wealth Management
12.1 Organization and Operations
12.2 System and Technology
12.3 Custodial Relationships
12.4 Publication and Marketing

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CoCoCoCourse Outlineurse Outlineurse Outlineurse Outline
1.1.1.1. Introduction to Wealth ManagementIntroduction to Wealth ManagementIntroduction to Wealth ManagementIntroduction to Wealth Management
Understanding the concept of wealth management
Explains the process of wealth management and the chain
Describes the various phases in Wealth Management
Explains the role of wealth management market in India
2.2.2.2. Understanding Client Goals and ConstraintsUnderstanding Client Goals and ConstraintsUnderstanding Client Goals and ConstraintsUnderstanding Client Goals and Constraints
Explains the need and importance of client profiling
Explains the process of setting goals and discuss different types of client goals such
as intermediate goals and lifetime goals
Explains the process of gathering data – Creating Risk Evaluation Questionnaire
and analysing the capital need of the client
Describes different risk tolerance models
3.3.3.3. Classes of AssetClasses of AssetClasses of AssetClasses of Asset
Describes the features and working of debt as an asset class
Describes the features and working of equity as an asset class
Describes the features and working of real estate as an asset class
Describes the features and working of commodities as an asset class
Describes the features and working of art as an asset class
Explains the process of investments in stocks
4.4.4.4. Types of Portfolio and PoliciesTypes of Portfolio and PoliciesTypes of Portfolio and PoliciesTypes of Portfolio and Policies
Explains the objectives of Investment
Explains the concept of Investment Time Horizon established at the time of goal-
setting process and the necessity of determining time frame for each its goals
Explain the concept of expected risks and return
Explain the concept and process of financial and investment recommendation
Explains the process and maintenance of personal investment portfolio
Illustrates the concept of retirement portfolio and retirement planning process
Illustrates the importance of Capital Need Analysis and their effect
5.5.5.5. Introduction to TaxIntroduction to TaxIntroduction to TaxIntroduction to Tax
Explains the concept of tax reduction process
Explains the concept of income against gains

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Explains the concept of unsymmetric risks against capital gain taxes
Explains the concept and importance of tax efficiency
Explains the process of tax efficiency and asset allocation
Explains the concept of annuities
6.6.6.6. Insurance and Wealth ManagementInsurance and Wealth ManagementInsurance and Wealth ManagementInsurance and Wealth Management
Explains different types of insurances
Illustrates the benefits of Life Insurance
Describes different type of life insurance product
Describes the concept of insurance under wealth management
7.7.7.7. Estate planningEstate planningEstate planningEstate planning
Explains the need and tools used for estate planning
Explains the concept of personal property and collectibles
8.8.8.8. Retirement PRetirement PRetirement PRetirement Planninglanninglanninglanning
Introduction to the concept and process of retirement planning
Explains the need and purpose of retirement planning
Explains the faults and mistakes in retirement planning process
9.9.9.9. Client EducationClient EducationClient EducationClient Education
Describes the process of Investment and their functioning
Describes the concept and types of return on investment
Explains the principles of risk management and their application
10.10.10.10.Investment MathematicsInvestment MathematicsInvestment MathematicsInvestment Mathematics
Explains statistical methods for measurement of risk such as normal distribution etc
Explains different measures of risk
Explains different techniques used for risk evaluation process such as moments,
regression, compounding techniques and other mathematical tools
11.11.11.11.Investment TheoryInvestment TheoryInvestment TheoryInvestment Theory
Explains the concept of modern portfolio theory
Illustrates the evolution and application of capital market theory and chaos theory
Explains the concept of Efficient Market Hypothesis (EMH) and Time
Diversification

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12.12.12.12.Business of Wealth ManagementBusiness of Wealth ManagementBusiness of Wealth ManagementBusiness of Wealth Management
Explains the organization and operations involved in the process of wealth
management
Explains the concept of system and technology used in management of wealth
Explain the importance of custodial relationships
Illustrates the need of publication and marketing and the processes involved

9. Certified Wealth Manager
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Sample QuestionsSample QuestionsSample QuestionsSample Questions
1.1.1.1. The wealth managementThe wealth managementThe wealth managementThe wealth management ininininvestmentvestmentvestmentvestment process is _____________ client’s wealthprocess is _____________ client’s wealthprocess is _____________ client’s wealthprocess is _____________ client’s wealth
level.level.level.level.
A. Independent of
B. Dependent of
C. inversely affected by
D. directly affected by
2. ______________ is most2. ______________ is most2. ______________ is most2. ______________ is most important to ensure that the client and the advisor haveimportant to ensure that the client and the advisor haveimportant to ensure that the client and the advisor haveimportant to ensure that the client and the advisor have
a same decision.a same decision.a same decision.a same decision.
A. Client Discussion
B. Client Education
C. Client meeting
D. None of the above
3. When the investor’s _______________ exceeds his/her risk capacity, then3. When the investor’s _______________ exceeds his/her risk capacity, then3. When the investor’s _______________ exceeds his/her risk capacity, then3. When the investor’s _______________ exceeds his/her risk capacity, then
_________ risk capacity should prevail._________ risk capacity should prevail._________ risk capacity should prevail._________ risk capacity should prevail.
A. risk tolerance; higher
B. fund investment; higher
C. risk tolerance; lower
D. fund investment; lower
4. A major function of wealth manager is to advice their clients on _____________.4. A major function of wealth manager is to advice their clients on _____________.4. A major function of wealth manager is to advice their clients on _____________.4. A major function of wealth manager is to advice their clients on _____________.
A. controlling risk
B. business development
C. analyzing market movement
D. investment allocation
5. Which amongst the following is a client5. Which amongst the following is a client5. Which amongst the following is a client5. Which amongst the following is a client constraint in wealth management?constraint in wealth management?constraint in wealth management?constraint in wealth management?
A. Time Horizon
B. Liquidity requirement
C. Priority
D. All of the above
Answers: 1 (A), 2 (B), 3 (C), 4 (D), 5 (D)