Financial Planning & Wealth Management Certificate
|Short Description: Financial Planning and Wealth Management is a course designed to prepare students for a career in paraprofessional work for investment companies, banks, insurance companies, or corporations. This comprehensive distance learning course covers the key details of the financial planning process for individuals who would like to assist financial planners. This class is not designed to prepare students for the Certified Financial Planner Certification exam.
Financial Planning and Wealth Management
100 Hours/12 Months Access/Instructor Supported
This course is designed to prepare students to do paraprofessional work in investment companies, banks, insurance companies, or corporations, or to be an assistant to financial planners. It does not train students for the Certified Financial Planner certification. However, comprehensive distance learning courses cover the key details of the financial planning process.
The key knowledge areas are:
- Financial Planning Fundamentals
- Financial Planning Skills
- Retirement Planning
- Tax Planning
- Insurance Planning
- Estate Planning
- Money Markets
- Mutual Funds
Financial Planning Fundamentals
- Introduction to Financial Planning
- Analyzing the Resources of a Person
- Introduction to Taxation and Cash Flows
- Basic Concepts in Financial Planning
- Time Value
- Investment Timing
- Insurance Concepts
Financial and Investment Products
- Asset Classes
- Managing Investments
- Fixed Income Securities
- Mutual Funds
- Building an Investment Portfolio
- Investment Strategies
Financial Planning Skills
- Client discussions
- The financial planning process
- Analysis of client’s resources and needs
- Gap analysis and asset allocation
- Setting investment objectives & investment constraints
- Presenting strategies and recommendations
- Goal Achievement, and signoff
- Tax and financial planning
- Taxation of Personal Income
- Salary Structure and Fringe Benefits Tax
- Tax Management Strategies
- Capital Gains Tax
- Tax Deductions, Offsets and Exemptions
- Tax Planning
- Retirement needs analysis
- Social security
- Types of Retirement Plans
- Investment considerations for retirement plans
- General Concepts
- Insurance needs analysis
- Property, casualty and liability insurance
- Health insurance
- Life insurance
- Selecting an insurance policy
- Tax aspects of insurance
- Overview of estate planning
- Methods of property transfer
- Documents for estate planning
- Insurance and estate planning
- Wills, deaths, and taxes
- Preparing an estate plan
- Valuation issues
- Overview to Money Markets
- Instruments of Money Markets
- Arithmetic for Money Markets
- Money Market Deposits
- Certificates of Deposit
- Repurchase Agreements (Repos)
- Treasury Bills
- Bills of Exchange
- Commercial Paper
- Mutual Funds - The Concept
- Structure and Constituents of Mutual Funds
- Various Types of Mutual Fund Products
- Management of Bond Fund Portfolio
- Management of Equity Fund Portfolio
- Accounting and Valuation
Evaluation of Performance of Mutual Funds
- Prospectus and Annual Report of Mutual Fund
- Regulations of Mutual Funds Industry
- Trends in Mutual Funds Industry
- Measurement Tools
- For our quick browser check, click here.
- Operating systems - SkillSoft training works on Windows XP, Vista, Windows 7 and Mac OS X using the latest browser versions.
- Mac Users - Please use the latest version of Safari. Most SkillSoft courses work well with OS X and Safari 4.x and above. Make sure you have the latest
versions of Java and the Adobe Flash player for the Mac installed.
- Browsers – I.E. 7.x and Firefox 3.1 or above on Windows and Safari 4.x or above on the Mac are recommended. Firefox on the Mac is not supported.
- Java is required to access the SkillSoft training portal. Java is available download Java directly from Sun.
Note: Installing applications requires that you have administrative privileges for your machine. If you do not have administrative privileges on your computer and/or do not feel comfortable installing computer applications, contact your group desktop support person to assist you.
- Flash player version 10 or newer is required to access many of the web based courses. You can download the Flash download Flash directly from Adobe.
- A sound card is required in your computer along with speakers or headphones.
- High-speed Internet access recommended with online players
- Minimum Pentium 166 MHz CPU required to support audio playback.
- Minimum 64 MB RAM (128 MB recommended).