Benefits of Certification Programme (2024)

Become a CWM®

Benefits of Certification

The Chartered Wealth Manager® (CWM) designation sets the global standard in the finance profession especially Wealth Management & Private Banking and is a symbol of excellence.

Why should you earn the CWM®?

  • Higher salaries. Earn up to 25% more than your non-certified peers.
  • Increases job security. Validates your competency in liquidity, capital and risk management functions.
  • Better career flexibility. Prepares you for greater on-the-job responsibilities.
  • Improves marketability. Stand out against other applicants in a tough job market.
  • Boosts relevancy. Stay current in the profession with continuing education requirements.

The Chartered Wealth Manager® (CWM®) designation serves as a benchmark of competency in the Finance profession and is recognized as the leading credential in Wealth Management and Private Banking worldwide.

Awarded by American Academy of Financial Management ® USA, (AAFM) ,, the CWM® credential signifies that you have demonstrated the knowledge and skills required to effectively execute critical functions related to Onshore and Offshore Wealth Management including Wealth Enhancement ,Wealth Preservation and Wealth Transfer. In today’s environment, companies are looking for proven and ethical professionals. They are looking for CWMs.

Plus, after earning the CWM, you are committed to keeping your knowledge current by meeting continuing education requirements. CWMs remain relevant throughout their career.

Whether you’re looking to safeguard your career or seeking a promotion, earning the CWM certification can open a variety of doors. The 2013 AAFM Compensation Survey shows that CWMs earn more than their non-certified peers

To begin the process of becoming a CWM® Charter Holder you need to:

Benefits of Certification Programme (2024)

FAQs

What are the benefits of a certificate program? ›

Advantages of Certificate Programs
  • Accelerated Skill Development. ...
  • Industry-Relevant Expertise. ...
  • Online Learning Opportunities. ...
  • Diverse Learning Formats. ...
  • Increased Employability. ...
  • Recognition by Employers. ...
  • Connecting with Peers. ...
  • Interaction with Industry Professionals.
Feb 5, 2024

What is the purpose of taking a certification program? ›

Skill Enhancement and Specialization

Certification programs are designed to provide targeted education in specific skill sets or areas of expertise. They offer a focused curriculum that allows you to deepen your knowledge and develop specialized skills relevant to your field.

What are the primary benefits of certification? ›

Some of the key benefits of certification include:
  • Validation of knowledge.
  • Increased marketability.
  • Increased earning power.
  • Enhanced academic performance.
  • Improved reputation.
  • Enhanced credibility.
  • Increased confidence.
  • Respect from peers.

Why is it important to have certifications? ›

Certification demonstrates your commitment to superior professionalism, upholding industry standards, and continued learning. These merits can help boost your professional credibility and prestige within your own network, with your current clients, and when pursuing new business opportunities or bidding on projects.

How valuable is a certificate program? ›

Certificate programs enable you to gain expertise in a specific field and improve your competencies in this field. Employers evaluate the holders of such documents as individuals who have proven that they have particular knowledge and skills. This is an essential step for you to advance in your career.

What is the main purpose of a certificate? ›

A certificate is like a passport: it identifies the holder and provides other important information. Certificates are issued by a trusted third party called a Certification Authority (CA).

What is the primary purpose of certification? ›

The primary purpose of certification is to ensure that persons employed in a given field meet high standards of performance. Certified professionals have completed a rigorous process to demonstrate they possess the competency necessary to provide quality services.

What are the pros and cons of a certificate? ›

Advantages and Disadvantages of Certifications
  • Advantage: recognition and credit.
  • Advantage: structured learning.
  • Advantage: integrated and holistic approach.
  • Disadvantage: arrogance.
  • Disadvantage: biases.
  • Common problem: shortcuts.
Aug 21, 2019

What is the main function of certification? ›

A professional certification is a credential that verifies someone's knowledge, skills and abilities to perform a specific job. Certifications are typically awarded by a professional association after a candidate completes an assessment of some kind.

What is the value of certification? ›

Being certified yourself—or having certified employees—is a critical competitive advantage for your business. Certification demonstrates your commitment to superior professionalism, upholding industry standards and continued learning.

Are certificates actually useful? ›

Are certifications better than degrees? In many situations, certifications can be better than degrees for several reasons. Certificates often match current standards better than degrees, which is especially important in fast-paced fields like information technology (IT.)

Do certifications make a difference? ›

Pursuing a certificate or certification can be advantageous in the workplace, especially when it comes to increasing your salary and building your expertise. It's important to know where your current employment status and your future goals lie when comparing certificate and certification programs.

Does a certificate program help your career? ›

Certification can also give individuals a competitive advantage when seeking employment or pursuing new business opportunities. Employers and clients often prefer to work with individuals with expertise and credibility in their field, which can be demonstrated through certification.

What is the point of getting a certificate? ›

One of the most obvious benefits to certificates is that it is a relatively quick way to gain a new skill and build your resume. Depending on your goals, you can get a certificate when you are looking to build on your current career or enter a different part of your industry.

Is a certificate a good idea? ›

Certificates are well-suited for individuals with short-term career or professional development goals who want to acquire specific skills quickly without the more significant investment that comes with a degree program.

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