Private Banking Certification: Investment Advisory
- Finance & Investment
This programme is conducted online.
1 day
Weekday (9am - 6pm)
Online
Who Should Attend
- Relationship managers
- Wealth management advisers
- Professionals who manage high net worth and ultra-high net worth clients in Private Banking/ Wealth Management
- Financial practitioners
- Professionals who work in Financial Institutions (FIs)
Overview
Participants will be introduced to client suitability assessment in relation to product sets offered by the financial institution and client acquisitions strategies. The overall learning objective is for participants to gain a solid understanding of the investment suitability of clients when conducting investment advisory.
Learning Objectives
- Understand the methods to gather client risk profiles and investment goals
- Apply the framework to set up investment policy statement for client
- Learn to assess the suitability of products/portfolios suitable for the client in relation to his/her investment policy statement
Topic/Structure
- Determine the steps of the portfolio management process
- Understand the importance of client risk assessment and to design suitable solutions based on client’s specific needs and profile
- Explain the formulation and components of an Investment Policy Statement (IPS)
- Identify and justify the formulation of investment objectives and constraints for individual clients
- Understand financial product sets, client suitability assessment and develop appropriate asset allocation
- Manage client acquisition strategies and engage clients holistically
Assessment
At the end of the course, participants will be assessed on their competencies acquired through the learnings via a quiz.
Participants are required to attain a minimum of 75% attendance and pass the associated assessment in order to receive a digital Certificate of Completion issued by Singapore Management University.
Fee Table
|
PARTICIPANT PROFILE |
SELF-SPONSORED |
EMPLOYER-SPONSORED |
|
Singapore Citizen < 40 years old Permanent Resident
|
$5901 |
$5901 |
|
Singapore Citizen ≥ 40 years old |
$3902 |
$3902 |
|
International Participant |
$1,090 |
$1,090 |
All prices include 9% GST
1 50% IBF-STS funding for Singapore Citizens and Permanent Residents
2 70% IBF-STS funding for Singapore Citizens aged 40 years old and above
For more information, you may refer to this link.
Note: Fees may be subject to change, according to prevailing funding terms and conditions from the Institute of Banking and Finance Singapore (IBF)
Please note that the programme fees are subject to change without prior notice.
IBF - STS Funding
Standards Training Scheme
The IBF Standards Training Scheme (IBF-STS) provides funding for training and assessment programmes accredited under the Skills Framework for Financial Services. It is applicable for both Company-Sponsored and Non Company-Sponsored individuals.
For training programmes commencing from 1 Jan 2023:- Individuals must be physically based in Singapore.
- Singapore Citizens and PRs will be eligible for 50% funding of direct training cost.
- Singapore Citizens aged 40 years old and above will be eligible for 70% co-funding of direct training cost.
- Funding amount is capped at S$3,000 per participant per course.
- Course fees subsidies will not apply to self-sponsored individuals who are not employed by financial institutions and Singapore FinTech Association certified FinTech firms for critical core skills (generic /soft skills) and future-enabled skill only courses.
- Trainees are only eligible for a one-time grant of course fee subsidies for the course per calendar year, subject to their successful completion of the course.
Click here for more details.
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Additional Details
About IBF Certification
This course addresses the following Technical Skills and Competencies (TSCs) and proficiency level:
- Client Investment Suitability Proficiency Level 3
Participants are encouraged to access the IBF MySkills Portfolio to track their training progress and skills acquisition against the Skills Framework for Financial Services. You can apply for IBF Certification after fulfilling the required number of Technical Skills and Competencies (TSCs) for the selected job role.
Find out more about IBF certification and the application process here.
