CWM is administered by AAIFM (The American Association for Investment and Financial Management); one of the most renowned associations for financial management and investment in the United States. By earning CWM candidates demonstrate that they have mastered the Wealth management body of knowledge, obtained the skills of Wealth management, and committed to AAIFM core values and code of ethics. Earning your CWM designation not only broadens your skill set, it demonstrates a standardized level of industry knowledge, making you a recognized leader in investment management.

CWM Certification Preparation

If you are studying in order to prepare for the CWM exam; AAIFM provides candidates with training sessions for many of the exam questions. AAIFM also provide thorough training for the exam modules using its learning system through authorized training providers and prometric centers worldwide.

AAIFM CWM Recertification

Once you have passed the CWM exam and received your certification, you will need to stay up to date on developments in Wealth management practices. To prove you have maintained and updated your Wealth management knowledge and skills, AAIFM requires that you recertify every 4 years. (please refer to recertification for more info)

Requirement:

• A passing score on the CWM Examination.
• Bachelor Degree in any field OR;
• A minimum of two years experience in any related Wealth and private banking areas (Wealth management, portfolio management, finance, accounting, investment…).
• A Minimum of 30 hours of wealth management approved training.

Exam Format:

The CWM (Certified Wealth Manager) examination is a 3-hour exam, 50 multiple choice questions in addition to multiple essays and case study questions. The exam is given in a booklet form.

Exam Outline:

1. Money Market Securities, Common and Preferred Stock
2. Corporate Bonds, The time value of money
3. U.S. Treasury, Agency and related bonds, Municipal bonds
4. Issuing and trading securities, Secondary security markets
5. Security market indexes, Analysis of Financial Statements
6. Short positions, Hedging and Arbitrage, Total Risk and Risk Factors
7. Bond Portfolio Management, Bond Valuation
8. Common Stock Valuation, Technical Analysis
9. Efficient Markets Theory, Futures
10. Put and Call Options I and II
11. Portfolio Analysis, Capital Market Theory
12. Arbitrage Pricing Theory (APT), Portfolio Performance Evaluation
13. International Investing

Inquiries:

Please e-mail us at info@aaifm.org for any other inquiries. For international candidates; please contact our authorized representatives in your region.