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

CWM_LEVEL_1 real exams

Exam Code: CWM_LEVEL_1

Exam Name: Chartered Wealth Manager (CWM) Certification Level 1 Examination

Updated: Jul 19, 2026

Q & A: 0 Questions and Answers

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AAFM CWM_LEVEL_1 Exam Syllabus Topics:

SectionObjectives
Topic 1: Life Cycle Management- Financial Life Planning
  • 1. Estate planning
  • 2. Wealth transfer strategies
  • 3. Retirement planning
  • 4. Life cycle stages
Topic 2: Concept of Wealth Management- Wealth Management Fundamentals
  • 1. Personal financial statements
  • 2. Time value of money
  • 3. Wealth management process
  • 4. Client interaction process
  • 5. Cash flow management
  • 6. Wealth management industry overview
Topic 3: Alternative Products in Wealth Management- Alternative Investments
  • 1. Real estate investments
  • 2. Hedge funds
  • 3. Private equity
  • 4. Structured products
  • 5. Portfolio diversification using alternatives
Topic 4: Legalities in Wealth Management- Legal and Regulatory Framework
  • 1. Client protection regulations
  • 2. Ethics and fiduciary responsibilities
  • 3. Financial regulations
  • 4. Compliance requirements
Topic 5: Role of Wealth Management in Banking- Banking Products and Services
  • 1. Private banking
  • 2. Banking operations
  • 3. Banking products for wealth clients
  • 4. Retail banking
Topic 6: Investment Vehicles in Wealth Management- Investment Products
  • 1. Debt instruments
  • 2. Equity investments
  • 3. Portfolio construction
  • 4. Alternative investments
  • 5. Mutual funds
Topic 7: Indian and Global Financial System- Financial Markets and Institutions
  • 1. Global financial system
  • 2. International financial markets
  • 3. Regulatory institutions
  • 4. Monetary and economic systems
  • 5. Indian financial system
Topic 8: Measuring Investment Risk and Returns- Risk and Return Analysis
  • 1. Asset allocation concepts
  • 2. Portfolio performance evaluation
  • 3. Return measurement methods
  • 4. Risk measurement techniques
Topic 9: Concept of Insurance and Risk Management- Protection Planning
  • 1. Health insurance
  • 2. Property and liability protection
  • 3. Risk management process
  • 4. Disability insurance
  • 5. Insurance fundamentals
  • 6. Life insurance
Topic 10: Tax Laws for Wealth Management- Tax Planning
  • 1. Income tax structure
  • 2. Tax planning techniques
  • 3. Taxation of investments
  • 4. Tax-saving strategies

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