CPWA Certification Exam changes reflect an evolving profession and the advanced knowledge and skills required by practitioners to deliver prudent, ethical wealth management to HNW clients.
This past spring the Investments & Wealth Institute (Institute) conducted a job task analysis on what wealth advisors need to know in order to provide the most relevant and valuable services to high net worth clients. The Institute regularly conducts a job task analysis to ensure that initial and ongoing certification requirements reflect current professional practices, and to establish the voluntary Certified Private Wealth Advisor® (CPWA®) certification as the premier standard for advanced wealth management practitioners.
The study requires both a survey of advisors and consultants followed by focus groups with subject matter experts to thoroughly examine the advanced competencies needed to provide the highest level of wealth management advice. The survey asked participants to rate the...