Course

Wealth Management

Important Notice

This course is not active. Please contact Department Chair for more information.

Faculty
Commerce & Business Administration
Department
Finance
Course code
FINC 4350
Credits
3.00
Semester length
15 Weeks x 4 Hours per Week = 60 Hours
Max class size
35
Method(s) of instruction
Lecture
Seminar
Typically offered
To be determined

Overview

Course description
FINC 4350 helps the student learn advanced financial planning concepts and techniques and apply sophisticated solutions to deal with more complex wealth management issues. The student will gain insight into the needs and expectations of high net worth clients and will learn to use business planning tools to expand a wealth management practice. The student will develop an advanced understanding of the wealth management process, client relationships, portfolio management, financial planning, and practice management. FINC 4350 is designed to be transferable to the CSI Wealth Management Techniques course.
Course content

1.    The wealth management process

  • How it works
  • Understanding the client
  • Communication and education
  • Ethical issues

2.    Advanced financial planning

  • Retirement planning
  • Insurance planning
  • Tax planning
  • Estate planning

3.    Investment and portfolio management

  • Risk and return
  • Asset allocation
  • Basic managed products
  • Managed products for the high net worth client
  • Performance appraisal
  • Formalizing and implementing the investment plan

4.    Practice management

  • Market research and business planning
  • Marketing your business
  • Case study
Learning activities

A combination of lectures, supplementary materials, and class presentations.

Means of assessment

Assignments or case studies          10-15%

Major case study or project            15-20%

Midterm examination                        30%

Final examination                             40%

                                                    100%

Learning outcomes

At the end of the course, the student should be able to:

  1. describe the wealth management process and explain the concepts of advanced financial planning.
  2. apply advanced financial planning techniques, in particular, retirement planning, insurance planning, tax planning, and estate planning.
  3. describe the concepts of investment and portfolio management.
  4. design and implement sophisticated solutions in wealth management practice.
  5. anticipate and analyze the needs and expectations of high net worth financial clients.
  6. employ planning tools to support a wealth management practice.
Textbook materials

Textbooks and Materials to be Purchased by Students

Wealth Management Techniques, Latest Edition, CSI Global Education Inc.

Additional reference:

Droms, William G., Investment Management for Private Clients, Latest Edition, Thomson South-Western Educational & Professional.

Requisites

Course Guidelines

Course Guidelines for previous years are viewable by selecting the version desired. If you took this course and do not see a listing for the starting semester / year of the course, consider the previous version as the applicable version.

(Current)

Course Transfers

These are for current course guidelines only. For a full list of archived courses please see https://www.bctransferguide.ca

Institution Transfer details for FINC 4350
Kwantlen Polytechnic University (KPU) No credit
Langara College (LANG) LANG BUSM 2XXX (3)
Simon Fraser University (SFU) SFU BUS 1XX (3)
Thompson Rivers University (TRU) TRU BBUS 3XXX (3)
Trinity Western University (TWU) TWU BUSI 3XX (3)
University of the Fraser Valley (UFV) UFV BUS 245 (3)
University of Victoria (UVIC) No credit

Course Offerings

Winter 2025