AAFM's Chartered Wealth Manager (CWM) Certification Level II Examination, or CWM_LEVEL_2, is designed to assess a candidate's expertise and knowledge in wealth management, financial planning, portfolio management, and investment analysis. The exam is intended for individuals who are interested in pursuing a career in wealth management, private banking, or financial planning. The CWM_LEVEL_2 exam is an advanced level certification exam that tests a candidate's knowledge and skills in wealth management. Passing the exam is a testament to a candidate's ability to provide expert advice to clients and manage their financial portfolios effectively.
Exam Objectives:
- Advanced Wealth Management Strategies
- Portfolio Management and Investment Analysis
- Wealth Planning Strategies
- Financial Planning Strategies
- International Taxation and Trusts
- Asset Protection Planning
The CWM_LEVEL_2 exam tests a candidate's knowledge and skills in advanced wealth management strategies, portfolio management, investment analysis, wealth planning strategies, financial planning strategies, international taxation and trusts, and asset protection planning. Candidates who pass the exam are recognized as experts in wealth management and can provide comprehensive financial planning and investment advice to clients.
Exam Details:
The CWM_LEVEL_2 exam is a computer-based exam that consists of 100 multiple-choice questions. The exam is timed for three hours, and the passing score is 70%. The exam fee is $995 for AAFM members and $1,195 for non-members. The exam is delivered through Pearson VUE, a global computer-based testing provider.
The exam format includes questions that test a candidate's understanding of complex financial concepts and principles, as well as their ability to apply them in real-world scenarios. The exam covers advanced topics related to portfolio management, investment analysis, wealth planning strategies, financial planning strategies, international taxation and trusts, and asset protection planning.
Who should take the exam?
The CWM_LEVEL_2 exam is intended for individuals who have completed the CWM_LEVEL_1 exam and are interested in pursuing an advanced certification in wealth management. The exam is also suitable for individuals who have extensive experience in the field of wealth management and are looking to validate their knowledge and expertise through a recognized certification.
Prerequisites and Qualifications:
To take the CWM_LEVEL_2 exam, candidates must have completed the CWM_LEVEL_1 exam and have a minimum of three years of experience in wealth management or a related field. Candidates must also hold a bachelor's degree or higher in finance, economics, or a related field, or have a professional certification such as CFA, CPA, or CFP.
Related Books:
- CWM Level 2: Advanced Portfolio Management
- Wealth Management: The Financial Advisor's Guide to Investing and Managing Client Assets
- Financial Planning and Analysis: Guide Book for Financial Planning Certificate
- Tax Planning and Compliance for Tax-Exempt Organizations: Rules, Checklists, Procedures, Forms
- International Tax Planning: Principles and Practice
There are several books that candidates can use to prepare for the CWM_LEVEL_2 exam. These books cover a range of topics related to wealth management, portfolio management, investment analysis, financial planning, and taxation. Candidates should review the exam objectives and use these books as study guides to ensure that they have a comprehensive understanding of the topics covered in the exam.
In conclusion, the CWM_LEVEL_
2 exam is an advanced level certification exam that tests a candidate's knowledge and skills in wealth management. Candidates who pass the exam are recognized as experts in wealth management and can provide comprehensive financial planning and investment advice to clients. To pass the exam, candidates should thoroughly review the exam objectives, use related books as study guides, and practice answering sample questions. Candidates should also ensure that they meet the prerequisites and qualifications for taking the exam. With the right preparation and dedication, candidates can successfully pass the CWM_LEVEL_2 exam and take their career in wealth management to the next level.