• Meaning of WM, Scope of WM, Components of WM, Process of WM, WM Needs & Expectation of Clients,Code of Ethics for Wealth Manager

b) Personal Financial Statement Analysis:

• Financial Literacy, Financial Goals and Planning, Cash Flow Analysis, Building Financial Plans, Life Cycle Management.

c) Economic Environment Analysis:

• Interest Rate, Yield Curves, Real Return, Key Indicators-Leading, Lagging, Concurrent

• Meaning, Basic Principles of Insurance, Functions and Characteristics of Insurance, Rights and Responsibilities of Insurer and Insured, Types of life Insurance Policies, Types of General Insurance Policies, Health Insurance – Mediclaim – Calculation of Human Life Value – Belth Method/CPT

b) Investment Planning:

• Types of Investment Risk, Risk Profiling of Investors & Asset Allocation (Life Cycle Model), Asset Allocation Strategies(Strategic, Tactical, Life-Cycle based), Goal-based Financial Planning, Active & Passive Investment Strategies

• Calculation of Returns (CAGR ,Post-tax Returns etc.), Total Assets, Net Worth Calculations, Financial Ratios

b) Tax and Estate Planning:

• Tax Planning Concepts, Assessment Year, Financial Year, Income Tax Slabs, TDS, Advance Tax, LTCG, STCG, Carry Forward & Set-off, Estate Planning Concepts –Types of Will – Requirements of a Valid Will– Trust – Deductions – Exemptions

• Understanding of different Salary Components, Introduction to Retirement Planning, Purpose & Need, Life Cycle Planning, Financial Objectives in Retirement Planning, Wealth Creation (Factors and Principles), Retirement (Evaluation & Planning), Pre & Post-Retirement Strategies – Tax Treatment

b) Income Streams & Tax Savings Schemes:

• Pension Schemes, Annuities- Types of Annuities, Various Income Tax Savings Schemes

2. NCFM, CFP, IIBF, etc, Wealth Management modules

3. Harold Evensky, The new wealth Management, CFA Institute Investment Series Publication