P200828SYI

Priority & Retail Banking Certified Adviser – Wealth Advisory (Client Investment Suitability and Product Solutions)

Programme Scheme : IBF-STS and, Core FAA / SFA CPD


Programme Title Priority & Retail Banking Certified Adviser – Wealth Advisory (Client Investment Suitability and Product Solutions)
Programme Scheme IBF-STS and, Core FAA / SFA CPD
Training Provider Wealth Management Institute Limited
Purpose of Programme

WMI Priority and Retail Certified Adviser (PRCA) Level 2 programme is designed to equip an individual with the full range of required wealth management competencies and applied skills to serve the retail and priority clients. This programme is suitable for individuals in a client advisory role managing affluent clients. There are five modules in this programme that cover the full range of wealth management skills and competencies across sales, relationship management, financial & investment advisory, portfolio solutions, ethics and rules & regulations. Each module is individually accredited to provide the flexibility of completing them separately based on the individual’s preferred schedule and learning pace. The financial services industry is undergoing a significant transformation in the way that advisory services are provided and delivered to individual investors. More than ever, client advisors need to develop a differentiated approach through an understanding of their clients and their investment requirements. Adopting the ideal portfolio and asset allocation approach for affluent clients is not always possible as certain products may fall outside the client’s available AUM, risk profile or the organisation’s investment and risk guidelines. The session shows how a wealth advisory approach can be done by leveraging on investment, insurance and legacy products generally available in priority banking. Key concepts such as investment suitability, risk profiling and client investment styles will be covered. By adopting a less transactional perspective, from sell to advice and from product to portfolio, the individual re-focuses on the relationship and in doing so, establish trust which is core to obtaining client’s acceptance.

Programme Website http://wmi.edu.sg/programmes/priority-banking/prcal2/
Programme Prospectus Click here to download file
Type of Programme Training & Assessment
Industry Segment Financial Services, Private Banking and Wealth Management, Retail Banking
Location of Training
Training Duration/ CPD Hours: Total: 8.5 Hr(s)
1 Full Day(s) over 5 Month(s)

Core FAA CPD: 3 Hr(s)
Core SFA CPD: 3 Hr(s)
Name of Contact Person: Ethel Lim
Designation Programme Manager
DID 96277937
Email ethellim@wmi.edu.sg
Skills Category Skills and Competencies Proficiency Level
E. Investment and Financial Management E10. Client Investment Suitability 4
G. Product, Sales and Market Management G15. Product Advisory 4

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