AAFM CWM_LEVEL_1 : Chartered Wealth Manager (CWM) Certification Level 1 Examination

  • Exam Code: CWM_LEVEL_1
  • Exam Name: Chartered Wealth Manager (CWM) Certification Level 1 Examination
  • Updated: Aug 16, 2026
  • Q & A: 0 Questions and Answers

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AAFM CWM_LEVEL_1 Exam Syllabus Topics:

SectionObjectives
Role of Wealth Management in Banking- Banking Products and Services
  • 1. Banking products for wealth clients
  • 2. Private banking
  • 3. Banking operations
  • 4. Retail banking
Concept of Insurance and Risk Management- Protection Planning
  • 1. Property and liability protection
  • 2. Life insurance
  • 3. Disability insurance
  • 4. Insurance fundamentals
  • 5. Risk management process
  • 6. Health insurance
Concept of Wealth Management- Wealth Management Fundamentals
  • 1. Cash flow management
  • 2. Client interaction process
  • 3. Wealth management process
  • 4. Personal financial statements
  • 5. Wealth management industry overview
  • 6. Time value of money
Legalities in Wealth Management- Legal and Regulatory Framework
  • 1. Client protection regulations
  • 2. Ethics and fiduciary responsibilities
  • 3. Compliance requirements
  • 4. Financial regulations
Life Cycle Management- Financial Life Planning
  • 1. Wealth transfer strategies
  • 2. Retirement planning
  • 3. Life cycle stages
  • 4. Estate planning
Investment Vehicles in Wealth Management- Investment Products
  • 1. Debt instruments
  • 2. Portfolio construction
  • 3. Alternative investments
  • 4. Equity investments
  • 5. Mutual funds
Alternative Products in Wealth Management- Alternative Investments
  • 1. Hedge funds
  • 2. Portfolio diversification using alternatives
  • 3. Real estate investments
  • 4. Private equity
  • 5. Structured products
Indian and Global Financial System- Financial Markets and Institutions
  • 1. Indian financial system
  • 2. International financial markets
  • 3. Monetary and economic systems
  • 4. Global financial system
  • 5. Regulatory institutions
Measuring Investment Risk and Returns- Risk and Return Analysis
  • 1. Return measurement methods
  • 2. Risk measurement techniques
  • 3. Portfolio performance evaluation
  • 4. Asset allocation concepts
Tax Laws for Wealth Management- Tax Planning
  • 1. Taxation of investments
  • 2. Tax-saving strategies
  • 3. Tax planning techniques
  • 4. Income tax structure

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