Wealth Management Institute

Continuing Professional Development - Your springboard to success.

Responding to the strong demand for training wealth professionals, WMI provides Continuing Professional Development (CPD) opportunities for individuals to upgrade their skills and competencies.

The WMI CPD Series is aimed at raising the competencies in the areas of product knowledge, asset allocation, wealth and tax planning, ethics, compliance and legal issues, and client relationship management skills.

CACS CPD

As provided under the Private Banking Code of Conduct, all Covered Persons are expected to achieve a minimum of 15 hours of CPD in each calendar year.

FA CPD

With effect from 1 Jan 2016, appointed representatives of a licensed FA and exempt FA engaged in the provision of FA services needs to undergo at least 30 hours of structured* CPD training on an annual basis. Out of the total number of CPD training hours, FA representatives are required to undergo at least 4 hours of training in Ethics and 8 hours of training in Rules and Regulations.

*Structured CPD training includes lectures, conferences, workshops and courses, which have clear learning objectives and outcomes, and which are clearly documented and independently verified. This shall not include activities that are part of the job scope of an appointed representative, such as carrying out research on products and services for clients. However, product seminars prior to the launch of new products and e-learning courses may be counted towards structured CPD training hours.

The WMI CPD Series is conducted by distinguished industry-based practitioners who bring with them years of experience in the wealth management sphere. We have partnered with top industry players including banks, fund management companies and leading local and global financial institutions and business schools to develop a menu of seminars and workshops that meet the industry's CPD training requirements.

As seats are limited, early registration is highly encouraged.

Upcoming Seminars (2016):

WMI CPD Series

Date Title CACS CPD hours
1 Mar The Art of Identifying, Winning, Growing and Keeping Business Relationships in Wealth Management
This programme is designed to enlighted aspiring individuals, new and mid-career wealth management executives to gain a deeper understanding of the knowledge and skills in SMART Business Development, necessary to enable aspiring individuals to build a sustainable career in wealth management. It is based on proven best practice.
3 hours
31 Mar Challenges in Investment Suitability Assessment
Investment suitability is a core consideration when investing. The right investment match is critical in meeting clients' objectives. Regulators put strong emphasis on the need to understand client needs to match investment products. Asking the right questions, designing the right questionnaire and right assessment exercise are essential for success. This learning course will share the methodology and factors to consider in designing investment strategies.
3 hours
Apr 2016 Understanding Credits & Constructing Bond Portfolios
What constitutes the "Credit Market"; Various types of credit bonds - corp debt, bank debt, perpetuals, high yield; Credit spreads - how to compute them and what they are used for: T spread, G spread; Key risks in credit bonds / What factors contribute to movements in bond prices; Basics of hedging; Basic rules for constructing bond portfolios; portfolio strategy; Common benchmark indices; measuring performance; risk management.
3 hours
Apr 2016 Upgrading Toolbox of Skills of Relationship Manager Assistants
To understand basics of bonds: the major types of bonds, how they work; To understand principles of bond valuation; To understand basic concepts in interest rate swaps ad FX markets; To understand key risks in various products and how they can be mitigated; To understand important regulatory issues governing the markets; To appreciate importance of understanding client risk appetites and product stability.
7 hours
May 2016 Wealth Planning - Models of Inter-generational Wealth Transfers for UHNW that work 3 hours
10 Jun Understanding Tax Transparency, the Common Reporting Standard & How They Fit into Client Advisory Service
This programme is designed for those both in client-faciing and other positions in private banks and trust companies, as well as other professionals supporting the work of the financial services industry.
7 hours
Jun 2016 The Digital Age - What does it mean for the WM Space?  

FA CPD

Date Title FA CPD hours
Ongoing FA CPD - Rules & Regulations, Ethics (8+4)
This programme is designed to meet the new MAS requirement of 8 hours of Rules & Regulations and 4 hours of Ethics for Financial Advisory (FA) Representatives who are required to undergo 30 hours of structured CPD training each year. Participants will be provided with a clear understanding of the various rules & regulations and ethical issues along with case studies, some of which are based on actual incidents. Participants will develop an appreciation that rules & regulations and ethical decisions exist not just to safeguard the organisation and client, but also himself or herself. This programme is eligible for 50% FTS funding.
12 hours

Dates are indicative and subject to change. Please contact us for more inquiries.

WMI Distinguished Leaders Series

The WMI Distinguished Leaders Series brings together industry leaders from diverse backgrounds to share their views on major issues and trends shaping markets and investments in the world today and in the future. You will gain access to leaders whose ideas and actions shape market trends and investments. The limited seating of this event allows select attendees meaningful networking opportunities.

Upcoming Seminars (2016):

Date Title CACS CPD Hours  
19 Feb Investing Successfully for the Long Term - Lessons from the Wealth Management Industry
by Mr Lim Chow Kiat, Group CIO, GIC Pte Ltd
4 hours Register now
14 Mar Investment Strategy & Philosophy of China's Investment Icon, Zhang Lei, Including an Inside View on China
by Mr Zhang Lei, Chairman & CEO, Hillhouse Capital Management Group
4 hours Inquire here

Dates are indicative and subject to change. Please contact us for more inquiries.

Related Information

It’s not only about doing a job better, but also about seizing opportunities, coping with change, keeping updated, never stopping to learn but learning constantly.

Eli Lenyoun, J.D.
Family Wealth Practitioner