High Net Worth Subject 1: Private Wealth & Family Office: Environment, Trends and Client Focus

Issued by Kaplan Professional Australia

Earners of the High Net Worth Subject 1: Private Wealth & Family Office: Environment, Trends and Client Focus badge have an understanding of the legal and professional obligations in providing financial advice to HNW individuals. This includes expert knowledge in risk management, governance and compliance obligations and requirements. They can apply behavioural finance concepts and consumer decision-making considerations, and understand how these impact the provision of financial advice.

Type Certification
Level Advanced
Time Weeks
Cost Paid

Additional Details

Skills

Account Management
Business Environment Analysis
Client Investment Suitability
Customer Acceptance Checking and Onboarding
Customer Acquisition Management
Partnership Management
Personal Finance Advisory

Earning Criteria

Completed High Net Worth Subject 1: Private Wealth & Family Office: Environment, Trends and Client Focus, 6 topics, 7 hours of workshop attendance with at least 70% achieved in the assessment.
Score a passing grade of 70% for the assessment at the conclusion of the subject.
To renew your badge after 2 years, provide a CV demonstrating you have actively provided financial advice to high net worth clients throughout this period, as well as 2 years’ of your Continuous Professional Development (CPD) records, and pay a renewal fee of $60.

Standards

IBF

The HNW Certification has been accredited by the IBF under the Skills Framework for Financial Services.