Chartered Wealth Manager Qualification

CISI Level 7 Diploma in Wealth Management

ESMA/MiFID II compliant
Remote exams now available

Why study the Chartered Wealth Manager Qualification?

The Chartered Wealth Manager Qualification is a postgraduate level specialist qualification which encompasses the breadth of knowledge needed to provide a highest quality service to clients. It is a progressive qualification comprised of three units, Financial Markets, Portfolio Construction Theory and Applied Wealth Management.  It provides a sound grounding in economics and interpretation of economic statistics, financial statements, investment analysis, portfolio construction and applied wealth management.
 
Upon achieving the qualification you may be eligible to apply for our Chartered Wealth Manager title.

Key features:

  • Highly regarded qualification developed in consultation with leading stockbrokers, investment banks and professional trade bodies, including the Wealth Management Association (WMA) and recognised by financial services recruiters as the best qualification for roles in wealth management
  • Meets RDR exam standards and FCA compliant for the following regulated activities: advising on and dealing in securities and derivatives, advising on retail investment products and friendly society tax-exempt policies and managing investments (regulated activities 2, 3, 4, 6, 12, 13, 14 and 10) It appears in the FCA Appropriate Qualification Tables as ‘Masters in Wealth Management (post-2010 examination standards)’.
  • Specialist, client-focused practical qualification offering in-depth knowledge of investment issues. Around 40% of the study time is allocated to working with client case scenarios
  • Free CISI Student membership - become associated with a chartered professional body and take advantage of an extensive range of benefits
  • Access to full membership of the Institute and MCSI designatory letters
  • Route to obtaining Chartered Wealth Manager title
  • Exams available online via remote invigilation or at one of our global test centres

Qualification factsheet

Is the Chartered Wealth Manager Qualification right for me?

The Chartered Wealth Manager Qualification is suitable for wealth managers, IFAs, private client managers, discretionary portfolio managers and private bankers. It is suitable for staff working in wealth management who wish to demonstrate the highest level of competence in devising investment portfolios that meet clients’ needs.

Entry requirements and exemptions

It is a requirement that all candidates hold an appropriate benchmark qualification prior to enrolling in the Chartered Wealth Manager Qualification.

View full details on these qualifications

Exemption will only be considered in respect of the Financial Markets unit.

View full details on these exemptions

Qualification Structure

The Chartered Wealth Manager Qualification is achieved by passing three units. All units within the programme are assessed by three-hour written exams.

The Chartered Wealth Manager Qualification is recognised by Ofqual as the CISI Level 7 Diploma in Wealth Management on the Regulated Qualifications Framework (RQF). On the European Qualifications Framework this equates to a level 7 qualification.

Total Qualification Time:
609 hours

The total qualification time (TQT) for this qualification is 609 hours. TQT is an estimate of the number of hours that a typical candidate might reasonably spend in achieving the qualification. This will vary depending on your previous experience, and includes any formal study as well as self-study and assessment time.
Financial Markets
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Portfolio Construction Theory
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Applied Wealth Management


 

Exam Details

Exam Availability

Pass Mark / Pass Rate

The current pass rate for this exam is and the pass mark is .

Regulated Qualifications Framework

credits on the Regulated Qualifications Framework are awarded upon successfully passing this exam

Feedback and Appeals

For further details on how to give us your feedback and / or Appeal your result, please refer to our Exam Policies.

Study support

Self-study

A CISI workbook is required to be purchased when booking each exam. This is to ensure there is one standard workbook from which all exam candidates can prepare. You can also choose to purchase CISI elearning to support your exam preparation.

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Accredited Training Partners

You can choose to complete formal training for our exams with a CISI Accredited Training Partner (ATP).

Find an ATP near you

Post Qualification Opportunities

Membership

Obtaining the Chartered Wealth Manager Qualification entitles candidates to join the Institute at MCSI Membership level. As a Member of the Institute, you will enjoy the recognition of being a professional in a world of increasing competition. The extensive continuing professional development (CPD) opportunities available through the CISI’s suite of membership benefits ensures financial services practitioners can maintain competence and meet the requirements of firms and the regulator.

You can also strive to obtain the CISI’s Chartered Wealth Manager title.