• Chartered Wealth Manager Qualification
    CISI Level 7 in Wealth Management

What is Chartered Wealth Manager Qualification ?

The Chartered Wealth Manager Qualification is a postgraduate level specialist qualification. It provides a sound grounding in economics and interpretation of economic statistics, financial statements, investment analysis, portfolio construction and applied wealth management. Chartered Wealth Manager is a title awarded by the CISI to recognize senior members in the retail sector at the peak of their profession. Chartered Wealth Manager is the mark of an up to date, experienced and qualified financial sector professional. You will become part of an elite group of CISI Chartered Wealth Managers.

The Chartered Wealth Manager title is separate from CISI membership designations and should be added underneath your name on business cards and letterheads; it will formally demonstrate your professional competence to employers, colleagues and customers and set you apart from the competitors.

For firms, having employees with the Chartered Wealth Manager title demonstrates that staff are working at the highest standards in wealth management and the organization is committed to professionalism and upholding high standards of integrity and ethical behavior.

After achieving the qualification, you may be eligible to apply for Chartered Wealth Manager title.

Key Characteristics

  • Highly regarded qualification developed in consultation with leading stockbrokers, investment banks and industry trade bodies
  • Specialist qualification offering candidates in-depth knowledge of investment issues.
  • Equips advisers with a qualification which will help build client confidence and trust.
  • RDR compliant for advising on and dealing in securities and derivatives; advising on packages products and managing investments.
  • MCSI designatory letters.
  • Route to Chartered Wealth Manager Title.

Structure Of Chartered Wealth Manager Qualification

  • International Introduction to Investment(CBT) - foundation exam for many higher level CISI qualifications.
    ***This qualification is achieved by successfully passing a multiple-choice question exam. A one-hour exam consisting of 50 multiple-choice questions. The pass mark for the exams is 70%.

  • International Certificate in Wealth & Investment Management(CBT) – covers the essentials of financial planning, private client asset management, fund management, advisory functions and investment analysis from a global perspective.
    ***ICWIM is assessed via a two-hour 100 multiple-choice question exam. The pass mark is 70%. The exam is delivered by Computer Based Testing (CBT).

  • International Certificate in Wealth & Investment Management - India(CBT) - Provides a comprehensive introduction to Indian financial services, regulation of markets and investment products.
    ***The qualification is assessed via two multiple-choice question exams and the pass mark is 70% for both exams. The exams are delivered by Computer Based Testing (CBT)

  • Financial Markets – It is a professional level exam requiring candidates to think critically in the context of the analysis, interpretation and comparison of company information, making recommendations on fixed income and real investments, equity and much more.

  • Portfolio Construction Theory - this postgraduate level professional exam requires candidates to think critically in the context of the theory of investment as applied to the management of private client funds, the tailoring of a portfolio to clients' needs and much more.

  • Applied Wealth Management – (formerly known as CISI Masters in Wealth Management). It is a postgraduate level professional exam requiring candidates to identify the requirements of a client from the relevant information available, structure and manage a suitable portfolio of financial assets and communicate their recommendations to the client.

The exam grades are as follows:

  • A - Distinction (likely to require at least 80%)
  • B - Merit (likely to require at least 65%)
  • C - Pass (likely to require at least 50%)
  • D - Marginal Fail (within three marks of the pass mark)
  • E - Fail (30% to Grade D boundary)
  • U - Unclassified (less than 30%)

All units within the programme are three-hour narrative exams comprising:

  • 1 x 40 mark case study, no choice
  • 2 x 20 mark case studies, no choice
  • 4 from 6 questions, worth 5 marks each

Candidates are advised to prepare for one unit every six months spreading their studies over an 18-month period. Please note that on the Regulated Qualifications Framework (RQF) the Ofqual regulated title is CISI Level 7 Diploma in Wealth Management, and this is the title that appears on the Certificate.
Exams are held twice a year, in June and December, and are assessed by written exam.

CISI Membership

You can also strive to obtain the CISI's Chartered Wealth Manager title:

Entry Requirements

Appropriate qualifications acceptable for entry to the Chartered Wealth Manager Qualification include the following:

  • B.COM, M.COM
  • BBA, MBA
  • CA, CS, CMA
  • CFA
  • CPA
  • B-TECH, B.E
  • Other Graduates with Math or Economics