Course Description
The processes and issues facing financial planners when managing clients' assets. Evaluation, development, and analyses of client portfolios, construction of investment policy statements, management and selection of securities for client portfolios.
Athena Title
Advanced Wealth Management II
Equivalent Courses
Not open to students with credit in FHCE 6205E
Prerequisite
FHCE 6200E or FHCE 6200 or FHCE 4200
Semester Course Offered
Offered spring
Grading System
A - F (Traditional)
Course Objectives
(1) Understand the importance of specific goals, investment objectives and knowledge, risk tolerance, and time horizon when constructing and managing a portfolio for a client. (2) Learn how to use asset allocation strategies when constructing investment portfolios, and construct a portfolio using an asset allocation model. (3) Understand the importance of Investment Policy Statements and learn how to develop these statements and make recommendations to clients. (4) Learn how to analyze the historical performance of securities and asset managers using available research software programs.
Topical Outline
Process of Constructing and Managing a Client's Portfolio Gather Client Information Identify the Client's Needs, Constraints, and Circumstances Communicate the Investment Philosophy and Money Management Approach Develop a Frame of Reference Regarding Investment Performance Development an Investment Objective Determine the Degree of Portfolio Diversification Allocate Assets and Construct the Portfolio Prepare an Investment Policy Statement Implement the Investment Strategy Report Performance and Revise the Portfolio Factors to Consider when Constructing a Client's Portfolio Specific Goals Investment Objectives Investment Knowledge Risk Tolerance Time Horizon Asset Allocation Alternatives to Asset Allocation Market Timing Security Selection Asset Allocation Implementation Strategies Importance of Investment Policy Investment Policy Statements Diversification and Security Screening Fiduciary Duties and Responsibilities
Syllabus