Wealth Management
[Webinar] Certified Private Wealth Professional (CPWP) Module 1 Refresher Programme: Topic 6 - Wealth Planning
Overview
This course aims to present the important concepts of wealth planning by explaining why people should plan and what their objectives are in doing so, and then looks at the role of wealth planning within a private wealth management (“PWM”) institution. Trust and foundation as wealth planning solutions are also explained, its characteristics, advantages and the motivation for setting one up. The concept of a family office, the meaning of family governance and how it interacts with wealth planning services for private wealth customers are presented.
Objective
On completing this course, you should be able to:
a. Understand the key features and essentials of wealth planning, (including the stages of wealth management, principles of tax planning, succession and estate planning, the case of intestacy, etc.);
b. Understand and explain the types, features, benefits and limitation of wealth planning solutions (including trust, foundation, private investment companies); and
c. Understand and describe the roles and purposes of a family office, and how family governance interacts with wealth planning structures
Content
1. Introduction to wealth planning
2. Wealth planning process
3. Wealth planning
4. Wealth planning solutions
5. Family businesses
Who should attend
It is primarily targeted to CPWP candidates who wish to take the CPWP Module 1 Paper 2 Examination. It is also relevant to those PWM practitioners who would like to enhance their knowledge and skills in wealth management.
Financial Incentive Scheme of the WAM Pilot Programme
This is one of the eligible courses / seminars under the Financial Incentive Scheme (“The Scheme”) of the WAM Pilot Programme.
Eligible in-service practitioners of the financial services industry could apply for a reimbursement up to 80% of the course / seminar fees, or a maximum of HK$10,000 per person throughout the period of 1 October 2016 to 31 March 2023 upon satisfactory completion.
Each individual may apply for reimbursement for more than one course / seminar subject to a maximum of HK$10,000 but each course / seminar can only be reimbursed once.
The duly signed application form together with the FIVE supporting documents must be submitted within FOUR months from the last day of the course / seminar attended. Please refer to the WAM Pilot Programme website for more details.
WAM Pilot Programme Special Requirements
If you plan to apply for reimbursement under the Financial Incentive Scheme (FIS), please ensure your device/computer has the camera feature or with webcam installed as you are required to turn on your camera throughout the webinar.