Managing High Net Worth will make you a savvy strategist who can orchestrate the personal wealth of individuals to satisfy their material needs and long-held dreams. Your role will continue to be an active one as you help them navigate the changes in circumstance and shifts in priorities during their latter years. And beyond.
You will be a trusted financial consultant who creates and oversees specialized investment and income structures that become accessible to the wealthy. Your knowledge base will also broaden as you learn to coordinate specialized legal and financial services for succession strategies and legacies which personal wealth makes feasible.
Managing High Net Worth Volumes is a core component of the:
As a close personal advisor, you will assist the wealthy in reaching their lifetime goals.
- The financial (and psychological) implications of longevity and aging demographics are now essential to strategic planning – the Chartered Professional (Ch.P.) Strategic Wealth® education specifically addresses these factors.
- You’ll learn how to gauge the beliefs and philosophies of high net worth clients with a matrix of eight value profiles and how they play out in financial, legal and estate planning.
- Your extraordinary depth of relationship with wealthy clients will involve you in both broad and detailed planning, including comprehensive knowledge of available financial and legal structures to satisfy deeply held personal concerns.
- A Ch.P. Strategic Wealth will equip you with the knowledge base to coordinate professional services for estate planning, such as testamentary restrictions, special clauses, powers of attorney, executors, guardians, and contingencies such as common disaster, per stirpes and amendments/replacements.
- The function and benefits of a Guaranteed Minimum Withdrawal Benefit (GMWB) make this an important monetization tactic, among other unique approaches taught by CSI for structuring withdrawal portfolios.
- You’ll learn how to create and manage Retirement Compensation Arrangements (RCAs) and Individual Pension Plans (IPPs) – two sophisticated structures for retrieving previously missed opportunities for retirement planning.
- Tax Loss Harvesting will be another specialized technique to utilize a client’s prior losses against future taxable gains during retirement.
How you'll learn
CSI offers a variety of options to help you learn at your own pace. Study online, by textbook or using a combination of both.
Measure your progress
- Pre-chapter learning objectives and goals to prepare your thoughts and focus your efforts
- Interactive learning tools to crystallize the wealth management principles you are learning
- Audio coaching podcasts featuring wealth management experts
- Online question and answer forums
- Online access to all textbook materials, arranged chapter-by-chapter
- Self-assessment tools after every chapter to reinforce mastery of the material
- Printer-friendly reference sheets of key materials for day-to-day use
| Approximate Hours of Study** | |
|---|---|
| Hours of Study | 90 - 115 hours |
** In order to provide some guidance to course participants as to the length of time it will take to be sufficiently prepared to write the final examination, CSI has prepared this estimate of the number of hours an average participant could possibly expect to spend studying for a course. Please note that these are only recommended hours of study developed based on research and our course content, however, this does not mean that some students with exceptional backgrounds would not take less time than recommended or that students with no background at all in finance or economics would not take longer than the maximum.
| EXAM WEIGHTINGS (weightings are approximate) |
|
|---|---|
| The Canadian Market For Wealth Management | 4.5% |
| Non-Market And Market Risks Of Retirement | 13% |
| Retirement, Discovery And Transitioning From Wealth Accumulation To Wealth Conversion | 13% |
| Retirement Income Plan, Asset Allocation And Myths About Retirement Portfolios | 8.5% |
| Investing For Income And Tax Strategies For Retirement | 15% |
| Creating Client Awareness Of Wealth Transfer Issues And Preparing Clients For The Inevitable | 16% |
| Tax Planning For Wealth Transfer And Gifting Assets And Planned Charitable Giving | 14.5% |
| Succession Planning For Small Business | 5.5% |
| Roles Of Trusts In Wealth Transfer | 4.5% |
| Wealth Transfer And The Family | 5.5% |
| EXAM INFORMATION | |
|---|---|
| Exams | 1 |
| Exam Format | Paper Based |
| Exam Duration | 3 Hours |
| Question Format | Multiple Choice |
| Questions Per Exam | 150 |
| Attempts Allowed Per Exam | 3* |
| Passing Grade | 60% (Per Exam) |
| Assignments | None |
| ENROLMENT PERIOD | |
|---|---|
| Enrolment Period | 1 year† |
*There is no charge for your first attempt at a paper-based exam within Canada, as long as it's at a regular exam center and you provide a minimum of 14 days notice before the date that you want to write the exam. If you would like to write a computer-based exam, an additional fee will be required.
Each subsequent paper-based exam attempt at a regular exam centre within Canada will also require an additional fee. This fee is in addition to any special, computer-based or international fees that may apply. You must provide a minimum of 14 days notice within Canada at a regular exam centre and 4 weeks notice for all other centres. Please note that the date of the exam is not part of any notice period.
†Please note: Access to your online materials will close 2 weeks after successful course completion or course expiry (whichever comes first). This course can be extended by 1 year provided you have not exceeded the attempts allowed for each exam. You can view CSI extension fees here. Your enrolment period can only be extended one time.
Important: During a student's enrolment period, CSI may update this course. In that case, details about the update and how it may affect students will be posted online via My CSI. Students are held responsible for and are examinable on the content in the course textbook(s) provided at the time of enrollment unless stated otherwise in My CSI. Students are encouraged to check My CSI regularly throughout their enrolment period.
Continuing Education (CE) Credits
Click the links below to access CE accreditation information. To search for specific course information, press Ctrl + F and then enter the course name to search the document for the information you are interested in.
National/Provincial (Excluding Quebec)
Download CE Chart (PDF, 163 kb)
Quebec (IQPF/CSF)
Download IQPF/CSF Chart (PDF, 182 kb)
Please note: While CSI makes every effort to ensure that the information is up-to-date, we are unfortunately unable to fully guarantee its accuracy. The information listed in the charts above may be subject to change.
For details on the organizations and other information on CE Credits listed in the above charts, please click here.
SHIPPING & HANDLING
- Printed course materials will ship within 5-10 business days of purchase
- Electronic course materials will be available immediately upon purchase
- Shipping costs vary by location & will be displayed on the final screen of check out
- Shipping and handling fees will apply to all orders that include printed course materials.
Corporate discounts may apply. Please be sure to identify your employer during the enrollment process or contact your human resources or training department to determine eligibility. Discounts will be applied during the enrolment process.