Wealth Management
UNIT 1: Basics of Wealth Management and Investments
Introduction to Wealth Management
Wealth management is more than just investment advice; it's a comprehensive service aimed at opti...
Need for Wealth Management
Why It's Important Wealth management is crucial in today's complex financial landscape. Financ...
Components of Wealth Management
A Deeper Dive Wealth management is a multifaceted discipline, and understanding its core componen...
The Wealth Management Process
A Step-by-Step Guide The wealth management process is a structured approach that ensures a client...
The Concept of Investment
Delving Deeper The core definition of investment provided is excellent: allocating resources (us...
Investment vs. Speculation
Understanding the Divide While both investment and speculation involve committing resources with ...
Objectives and Features of Investment
A Detailed Breakdown When embarking on any investment strategy, it's essential to have clear obje...
Risk-Return Trade-Off
The Fundamental Principle of Investing The risk-return trade-off is a cornerstone concept in fina...
The Investment Environment
A More Detailed Look The investment environment is a complex ecosystem comprising various players...
The Investment Decision Process
A Structured Approach The investment decision process is a systematic framework that guides inves...
Direct Investing vs. Indirect Investing
Navigating the Investment Landscape The choice between direct and indirect investing is a fundame...
Approaches to Investing
Active vs. Passive Management The core distinction between active and passive investing lies in t...
Unit 2: Risk – Return Analysis
Concepts of Return and Risk
Concepts of Return Definition: Return represents the total gain or loss experienced on an inves...
Types of Return: Absolute Return
Calculation and Utility The fundamental understanding of investment returns lies in how to determ...
Types of Return: Average Return (Arithmetic Mean)
Average return, specifically the arithmetic mean, is a commonly used measure to summarize investm...
Types of Return: Expected Return (Probability-Weighted Average)
Expected return is a more forward-looking measure than the simple average return. It tries to inc...
Types of Return: Holding Period Return (HPR)
Holding Period Return (HPR) is a straightforward metric that measures the total return generated ...
Types of Return: Effective Annualized Return (EAR)
The Effective Annualized Return (EAR) is designed to provide a comparable annual rate of return w...
Types of Return: Portfolio Return (Weighted Average)
Portfolio return is a fundamental concept in investment management, as it represents the overall ...
Risk-Adjusted Return Measures
Evaluating Performance Beyond Simple Returns Raw return figures only tell part of the story. To m...
Causes (or Sources) and Types of Risk
A Comprehensive Analysis Understanding the different types and sources of risk is crucial for eff...
Calculation of Total, Systematic, and Unsystematic Risk
Quantifying Investment Risk 1. Total Risk: Definition: Represents the overall variability or u...
Impact of Taxes and Inflation on Investment
A Realistic View of Returns 1. Computation of Post-Tax Return Explanation: Tax on investment g...
UNIT 3 SECURITY ANALYSIS
Introduction and approaches
Determining Investment Worth Security analysis is a vital process for anyone involved in financia...
Fundamental Analysis
The EIC Framework (Expanded) The EIC framework provides a structured and comprehensive approach t...
Technical Analysis
Charting the Course of Price Movements Technical analysis offers a contrasting approach to fundam...
Fundamental Analysis vs. Technical Analysis
A Head-to-Head Comparison The provided table accurately summarizes the key differences between fu...
UNIT 4: Portfolio Management & Estate Planning
Introduction, objectives and constraints
This unit bridges the gap between individual security selection and the overarching strategy of w...
Asset Allocation
The Foundation of Portfolio Construction Definition: Asset allocation is the process of strat...
Portfolio Management Services (PMS)
Strategies for Active and Passive Approaches Portfolio Management Services offer a more personali...
Portfolio Analysis
Quantifying Performance and Risk Portfolio analysis provides the tools to evaluate the effectiven...
Estate Planning
Ensuring a Smooth Transfer of Wealth Estate planning is a critical but often overlooked aspect of...
Estate Planning Documents
Tools for Wealth Transfer and Protection Will: Explanation: A legally binding document that ...
Executing Basic Estate Planning
A Practical Guide Once the necessary documents are understood, it is important to action them. Th...