As a designated specialist, provide high value advice to help people meet wealth management goals. Study time is flexible—take up to 9 months to finish.
THE PRE-EMINENT STANDARD IN PROVIDING REAL WEALTH MANAGEMENT SERVICES
A co-ordinated approach to wealth management is lacking between all the financial intermediaries – financial, legal and tax advisors – serving investors. There are also new best interest duties
required by regulators in the financial services. More than ever, clients expect to receive advice that is relevant both for today’s business environment as well as for the long-term wealth accumulation activities the family embarks upon.
They are looking for a wealth manager to connect the dots between the various
silos of expertise they may be paying for. Above all, they’re looking for someone they trust to provide direction for making important financial decisions about their income and their capital, now and in the future.
This program will take you beyond the traditional scope of product placement, into an environment where you can
integrate the kind of value-added long-term guidance, planning and leadership
that will distinguish your practice.
Who Should Take it? Advisors who truly want to offer a new value proposition and build strong, inter-generational, multi-advisory relationships throughout personal and financial lifecycles, will want to use a new approach: Real Wealth Management.
The course entails the completion of 18 online modules and features a case study approach using 15 sophisticated software tools to enable deeper conversations and projections that answer specific financial trigger questions.
Of special interest to tax and financial advisors, retirement, investment, insurance and estate planners, but also perfect for any individual wishing to take control of the wealth they accumulate throughout their lifetime.
You’ll complete 18 comprehensive modules in this important professional program:
PLUS: You’ll fulfill a practice management thesis by developing a wealth management case study.
“What surprised me about the courses was the outcomes.”
—Ian Wood, CFP, CLU, CIM, MFA™, RWM™
The most trusted financial advisor is the strategist who leads all the other specialists in the execution of their clients’ multi-faceted financial plans.
Advisors authorized to use RWM™ designation behind their names have a deep and broad understanding of both the behavioral and financial skills required to manage family wealth over several generations. In collaboration with the family, and an inter-advisory team of financial professionals, RWM™ develops a strategy and follows a process to manage intergenerational wealth on an after tax-basis.
This sets the standard for decision-making for investment, retirement, business, succession and estate planning. The team educates, advocates and stewards responsible accumulation, growth, preservation and transition of wealth from one generation to the next.
With the training, tools and processes, the RWM™ is highly trained to consider a client’s accountable financial outcomes with a consistently high standard of care. Over the long term, the RWM™ contributes not only as a knowledge specialist, but most importantly, as the primary advisor trained in the inter-advisory discipline of Real Wealth Management™. Specifically, the RWM™ possesses:
The RWM, the primary advisor in providing comprehensive and collaborative wealth advisory services, is specifically trained to lead strategic decision-making by an inter-advisory team with family stakeholders. The steps to this approach include:
Module 1 | Defining Real Wealth Management
Module 2 | The Strategic Approach in Real Wealth Management
Module 3 | The RWM Process
Module 4 | The Costs of Building Wealth
Module 5 | Accumulation
Module 6 | Growth
Module 7 | Preservation
Module 8 | Transition
Module 9 | Objective-Based Family Planning
RWM Theory: The Tax Backdrop
Module 10| Tax Strategies: Managing Sources of Income and Capital
Module 11| Cross-Border Issues - Canadians and US Investments
Module 12| Start Ups: Incorporated or Unincorporated
Module 13| CCPC Planning - Understanding
Module 14| CCPC Planning Shareholder
RWM: Practice Management
Module 15 | Leading the Real Wealth
Module 16 | Sharing the Plan with
Module 17 | Analysis, Accountability and Go Forward Planning
Module 18 |You, the Real Wealth Manager
According to a recent study* by the CFA Institute, “the connection between professional skills and customer outcomes must become more symbiotic… wealth managers must demonstrate greater relevance to the current and future needs of clients and prospects.” The RWM cements his or her relevance to the family by confidently delivering customized financial strategies based on client objectives and goals with a process for accountable solutions over time. Your clients will appreciate the opportunity to make sound financial decisions with a most trusted advisor who really knows them well and can help them visualize the future while navigating a complicated financial world. The result is a pathway to true affluence and peace of mind.
*The Value of Premium Wealth Management, 2017
Become a Society of RWM Member for your access to the RWM™ Calculators for FREE!
“Knowledge Bureau, with their first-class courses, offers asustainable, long-term educational framework for industry professionals.
This is about implementing the Real Wealth Management process from an emotional intelligence, as well as a technical point of view, to guideclients in achieving their goals”
—Stefanie Keller, CFP, RWM™
Please read the Standards of Conduct.
Please read the Standards of Conduct. Designates of Knowledge Bureau require 15 CE/CPD credits before June 30 to re-license their registered marks for the next 12 months.
Please contact us to stay onside with your re-licensing requirements and to receive your VIP designate rates on your tuition fees.
Every course you take with Knowledge Bureau counts on your academic pathway. Qualify for tuition rebates by taking a certificate course, diploma program or designation program.
Complement your online education with CE Summits. Held in November, January and May, these one-day, instructor-led workshops offer peer-to-peer learning experiences to students who prefer studying in groups.
Annual three-day Distinguished Advisor Conferences focus on finding solutions for the challenges faced by businesses in a global marketplace.
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