Free CFA Level III: Private Wealth Lessons

Wealth Planning

• Wealth Planning (37 min)

Investment Planning

• Investment Planning (36 min)

Advising the Wealthy

• Advising the Wealthy (23 min)

Private Wealth Management Industry

• The Private Wealth Management Industry (26 min)

Preserving the Wealth

• Preserving the Wealth (29 min)

Transferring the Wealth

• Transferring the Wealth (29 min)

Working With the Wealthy

• Working With the Wealthy (29 min)

Asset Allocation

• Capital Market Expectations: Framework and Macro Considerations (39 min)
• Capital Market Expectations: Forecasting Asset Class Returns (40 min)
• Overview of Asset Allocation (35 min)
• Principles of Asset Allocation (50 min)
• Asset Allocation with Real-World Constraints (26 min)

Portfolio Construction

• Asset Allocation to Alternative Investments (28 min)
• Overview of Equity Portfolio Management (29 min)
• Overview of Fixed-Income Portfolio Management (42 min)
• Portfolio Management for Institutional Investors (30 min)
• Overview of Private Wealth Management (34 min)
• Case Study: Sovereign Wealth Fund (32 min)
• Trading Costs and Electronic Markets (35 min)

Performance Measurement

• Overview of the Global Investment Performance Standards (27 min)
• Investment Manager Selection (41 min)
• Portfolio Performance Evaluation (46 min)

Derivatives & Risk Management

• Currency Management: An Introduction (34 min)
• Options Strategies (37 min)
• Swaps, Forwards, and Futures Strategies (38 min)

Ethical & Professional Standards

• Application of the Code and Standards: Level III (20 min)
• Asset Manager Code of Professional Conduct (15 min)
• Code of Ethics and Standards of Professional Conduct (15 min)
• Guidance for Standards I, II, and III (Professionalism, Integrity of Capital Markets, Duties to Clients) (17 min)
• Guidance for Standards IV, V, VI, and VII (Duties to Employers; Investment Analysis, Recommendations, and Actions; Conflicts of Interest; Responsibilities as a CFA Institute Member or CFA Candidate) (17 min)