Progressive Wealth Management

The 3-day Progressive Wealth Management program is designed to give finance professionals a rigorous and comprehensive grasp of today’s individual and family investment landscape – from the foundations of the financial system to advanced portfolio management and advisory practice. The program that combines theory with practical insights, covers market mechanics, asset analysis, the influence of risk and regulation on decisions and client-focused investment strategies in the real-world. So that the participants can navigate today’s complex environment effectively.

How you will benefit

• Achieve a sound understanding of core asset classes (cash, bonds, equities, real assets, commodities, digital assets)
• Explore derivatives (forwards/futures/options) and structured products: construction, pricing, portfolio use
• Gain an overview of the financial system, regulations aspects and risk management process
• Learn more about collective investments (among others, mutual funds, ETFs, hedge funds, PE) and their portfolio roles
• Attain fundamental/technical analysis basics on economics, statistics, financial math
• Investigate portfolio management & strategies (including ESG), risk-adjusted performance metrics
• Gain an understanding of AI applications in asset / market allocation and active equity, with governance and model risk oversight

Program length
3 days

Next steps
We offer carefully crafted learning paths designed to help you dive deeper into various facets of finance. Take the next step in your professional learning path by choosing one or more of our specialized programs, for example:

> Investing in Private Debt
> Investing in Private Real Estate
> Investing in Private Infrastructure

Day 1

The Financial Services Sector and Industry Regulations

• The Purpose and Structure of the Financial Services Sector: How the financial industry is organized – key actors and types of markets
• Financial Services Regulation: How regulations aim to protect investors, maintain market integrity and support ethical conduct in financial activities (good governance)
• Risk Management Process: Summary of the Risk Management Process with a discussion about the risks. Financial Crime Focus: multiple forms of fraud such as Anti-Money Laundering / AML and Know Your Customer / KYC

Asset Classes and Financial Markets

• Classification of Assets: An overview with traditional vs. alternative investments
• Cash and Near Cash: Typical short-term investment instruments
• Foreign Exchange (FX) Market: How currencies are quoted and their use in a traditional portfolio
• Bonds: Fixed income securities, their features, yield/price calculations and risk management (including spreadsheet use), as well as credit aspects
• Equities: Ownership shares in companies, classifications, indices, styles and rights of shareholders
• Real Estate: Real estate investment styles and valuation methodologies. Introduction of the related ESG components
• Derivatives: Forwards, futures, and options; their purposes, pricing and valuation methods, and associated risk management considerations
• Commodities: The main types of commodities, pricing theory and portfolio management considerations
• Digital Assets: The features, opportunities and risks surrounding cryptocurrencies and tokenization

Day 2

Collective Investments

• Investment Funds: From general characteristics to the detailed main types of funds, such as mutual funds and Exchange-Traded Funds (ETFs). ESG-focused funds and challenges in ESG scoring
• Beyond Investment Funds: Structured products, hedge funds, private equity with venture capital, commodity focused investments and the basics of Sukuk instruments

Economics and Investment Analysis

• Macro- and Micro-Economic Theory: How national and global economic variables such as GDP relate to markets
• Statistics & Financial Mathematics: Fundamental statistical tools for analyzing financial data and variability. Numerical techniques to deal with interest rates and the time value of money
• Elements of Fundamental Analysis: Accounting basics, as well as key financial ratios and enterprise value measures
• Technical Analysis: Main principles and qualitative and quantitative techniques, including those for trend following

Day 3

Investment Management

• “All” About Volatility: Characteristics and approaches to estimating future volatility
• Portfolio Management Process: The generalized approach to professional portfolio management, including the most common supporting models
• Investment Strategies: Different active management styles associated with equities (including sector rotation) and fixed income (including ESG integration). Core-satellite or the inverse form
• (Risk-Adjusted) Performance Measurement: Key measurement principles and the main ratios, including advanced ones
• (Wealth Management) Operations: Client onboarding, trade settlement, custody and corporate action processes that support portfolio management. Operational risk

AI for Portfolio Management – Asset Allocation and Active Equity

• AI in Asset Allocation: Data-driven models and machine learning to better address asset / market allocation matters
• AI in Active Equity: Use of AI for stock screening, signal generation and factor-based strategies, complementing fundamental and quantitative analysis
• Governance and Explainability: Model risk, validation and explainability to ensure alignment with client interests and regulatory expectations

Investment Advice and Beyond

• Client Advisory Services: The different levels of advisory services and what they mean (starting from Do-it-yourself)
• Investment Policy Statement: How to assess client objectives, time horizons and constraints to shape investment plans, resulting in an Investment Policy Statement
• Taxation: The common types of taxation

Read more
> Patrick Oberhaensli: ‘The key to effective financial risk management is front experience.’

The Progressive Wealth Management program is relevant to:

• Wealth Managers and Private Bankers advising clients on portfolios and more holistic wealth planning
• Investment Banking – (Internal) Advisory advising Private Banking on Investment Banking products
• Ambitious Junior Advisors and Product Specialists who need a technical foundation in assets, derivatives and operations
• Auditors in charge of wealth management activities who need a solid understanding of products, risks and processes to plan and execute audits effectively
• Controlling Managers responsible for monitoring profitability, risk–return profiles and cost structures in wealth management and private banking

Prerequisite
Proficiency in English is vital for following this training program effectively.

Is this program not the right fit for you?
We offer other programs which you might find more interesting or useful, such as:

> Financial Risk Management