Who can enroll
Anyone who has passed 12th grade can register. Graduation is required before the final certification is conferred - final-year students can enroll and study now.
Recognized and accepted by leading institutions
Exams are booked through authorized testing partners across 75+ Indian cities.
Academic & institutional acceptance
Trusted & recognised worldwide
The shift
No HNI-specific framework
Retail banking training does not prepare you for the complexity of high-net-worth planning.
Fragmented product knowledge
Equity, insurance, real estate, alternatives and taxation held in isolation rather than one strategy.
No behavioral foundation
Without behavioral finance, even technically correct advice gets rejected.
Missing the credential employers screen for
A credential gap becomes a career ceiling.
What is the Chartered Wealth Manager® designation?
CWM® is a professional certification in wealth management and financial planning, conferred through American Academy of Financial Management® global standards and delivered in India by AAFM® India. It is a designation, not just a course: you complete a structured curriculum, pass the certification exams, and earn the right to use the CWM® mark after your name.
Who earns the CWM®?
Relationship managers & bankers
Move from selling products to advising portfolios. With 3+ years in BFSI, skip Level I entirely.
Financial planners & investment advisors
Extend a financial planning practice into holistic wealth management for affluent clients.
MF distributors & insurance advisors
Serve wealthier clients with a credential that signals advisory depth.
CAs & finance professionals
Add wealth management and financial planning to an existing practice.
MBA / B.Com / BBA students & graduates
Differentiate yourself in placements before you have experience to point to.
Stock brokers & equity advisors
Expand into holistic wealth, estate, and financial planning.
If you already work with clients' money - or intend to - CWM® is built for you. If you are looking for a basic personal-finance course, this program will be more than you need.
Trusted by Leading Employers
Our certifications open doors to top companies across the finance industry.
INDIA
INTERNATIONAL
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Program Overview
Today’s capital markets require professionals who can understand market structures, interpret regulations and manage transactions with accuracy. The Capital Markets, Securities Regulation & Transaction Frameworks course is designed to help you build practical knowledge of how securities markets operate—from capital formation and public issues to trading, clearing, settlement and investor protection.
This course provides a structured learning journey across market participants, financial instruments, transaction processes and regulatory requirements. You will know how exchanges, intermediaries, clearing corporations, depository and regulators contribute to the transparent, efficient and secure markets.
- Capital Market Ecosystem: Identify the roles of issuers, investors, intermediaries, exchanges, depositories and regulators.
- Securities and Market Instruments: Understanding about equities, preference shares, bonds, debentures, government securities, futures and options.
- Transaction Lifecycle: Understand Order Placement, Trade Execution, Margining, Clearing, Settlement, Reporting and Reconciliation.
- Regulation and Investor Protection: Discuss SEBI regulations, Market Conduct, Disclosures, Grievance redressal, fraud prevention and Cyber awareness.
Why structured preparation makes all the difference
Most professionals struggle to understand capital markets not because they lack intelligence, but because:
- They do not follow a structured framework while studying securities markets
- Concepts such as issuance, trading, clearing and settlement are learned in isolation
- Regulatory requirements, market institutions and transaction processes remain fragmented
- Investment products, risk management and investor protection are not connected through a guided learning path
How We Help You Succeed:
This course addresses these challenges by providing an organised, concept-driven learning journey that explains how capital markets function, how securities transactions are executed, how regulations shape market conduct, and how participants operate across the complete trade lifecycle—from issuance and order placement to clearing, settlement and investor protection.
A complete wealth management and financial planning skill set
Advise, not sell
Run the complete advisory process - discovery, analysis, planning, implementation, review - for affluent and HNW clients.
Construct portfolios
Apply asset allocation, risk-adjusted return measurement, and rebalancing across asset classes.
Plan across generations
Build plans spanning wills, trusts, HUFs, and succession - navigating Indian and international tax.
Use technology intelligently
Understand AI, robo-advisory, and algorithmic tools - and communicate recommendations that win trust.
Your journey from enrollment to charter
No uncertainty after payment
01
Enroll online
Pay securely. Your LMS access activates within 24 hours.
02
Receive study material
Digital courseware unlocks in your portal within 24 hours.
03
Learn on your schedule
236 lessons, 28+ hours of recorded instruction, on mobile and desktop, for 12 months.
04
Join a live batch Live tier
Weekend batches start every month. Our team notifies you of your batch after enrollment.
05
Revise with recordings
Every live session is recorded and available in your portal.
06
Test yourself
Chapter practice questions and full-length mocks mirror the real exam.
07
Book your exam
Schedule online via authorized testing partners across India.
08
Earn your CWM® charter
International certification and membership of the global alumni network.
Faculty
◆Learn from practitioners, not presenters
Dr. Deepak Jain
Director & Co-founder, AAFM® India
25+ years in wealth management and estate planning. Author of 26 books on finance; has led AAFM India to train 45,000+ individuals including 30,000+ wealth managers.
Saurabh Jain
Faculty, AAFM® India
CA, CS, CFA, FRM, CFP (US), CWM®, CTEP, CISI (UK), CCRA, CIRA, AIM
A multi-credentialed finance professional bringing deep expertise across accounting, risk, wealth management and estate planning.
Himanshu Patodi
VP – HSBC Bank
CWM, CTEP, IIM-Mumbai
A transformational leader with 2 decades of experience in global premier banking, designing wealth strategies that bridge borders, insights and legacies.
The curriculum: 20 units, two levels, one integrated framework
Foundation builds your base across markets, tax, insurance, banking, financial planning, and estate transfer. Advanced develops specialist depth in analysis, alternatives, behavioral finance, and portfolio strategy. Every unit maps directly to the CWM® certification exams.
Capital Markets, Securities Regulation & Transaction Frameworks 60 Lessons 00:00:00
Chapter 1: The Role of Capital Markets in the Economy
3 Lessons
00:00:00 Hours
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E-book The Role of Capital Markets in the Economy
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The-Role-of-Capital-Markets-in-the-Economy
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Chapter 2: Market Participants: Issuers, Investors, Intermediaries and Regulators
3 Lessons
00:00:00 Hours
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E-book Market Participants - Issuers, Investors, Intermediaries and Regulators
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Market-Participants-Issuers-Investors-Intermediaries-and-Regulators
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Chapter 3: Liquidity, Capital Formation and Market Efficiency
3 Lessons
00:00:00 Hours
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E-book Liquidity, Capital Formation and Market Efficiency
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Liquidity Capital Formation and Market Efficiency
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Chapter 4: Exchanges, Clearing Corporations and Depositories
3 Lessons
00:00:00 Hours
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E-Book Exchanges, Clearing Corporations and Depositories
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Exchanges Clearing Corporations and Depositories
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Chapter 5: Brokers, Merchant Bankers, RTAs and Custodians
3 Lessons
00:00:00 Hours
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E-book Brokers, Merchant Bankers, RTAs and Custodians
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Brokers, Merchant Bankers, RTAs and Custodians
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Chapter 6: Credit Rating Agencies, Investment Advisors, Research Analysts and Portfolio Managers
3 Lessons
00:00:00 Hours
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E-book Credit Rating Agencies, Investment Advisors, Research Analysts and Portfolio Managers
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Credit-Rating-Agencies-Investment-Advisers-Research-Analysts-and-Portfolio-Managers
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Chapter 7: Equity and Preference Shares: Features and Corporate Actions
3 Lessons
00:00:00 Hours
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E-book Equity and Preference Shares - Features and Corporate Actions
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Equity-and-Preference-Shares-Features-and-Corporate-Actions
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Chapter 8: Public Issuances: IPOs, FPOs, Rights Issues and QIPs
3 Lessons
00:00:00 Hours
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E-book Public Issuances - IPOs, FPOs, Rights Issues and QIPs
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Public Issuances IPOs, FPOs, Rights Issues and QIPs
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Chapter 9: Bonds, Debentures and Government Securities
3 Lessons
00:00:00 Hours
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E-book Bonds, Debentures and Government Securities
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Bonds-Debentures-and-Government-Securities
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Chapter 10: Yield, Credit Rating and Trading Mechanics
3 Lessons
00:00:00 Hours
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E-book Yield, Credit Rating and Trading Mechanics
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Yield, Credit Rating and Trading Mechanics
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Chapter 11: Futures and Options: Structure and Types
3 Lessons
00:00:00 Hours
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E-book Futures and Options - Structure and Types
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Futures-and-Options-Structure-and-Types
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Chapter 12: Hedging, Speculation, Arbitrage and Margining
3 Lessons
00:00:00 Hours
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E-book Hedging, Speculation, Arbitrage and Margining
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Hedging-Speculation-Arbitrage-and-Margining
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Chapter 13: KYC, Order Placement and Trade Execution
3 Lessons
00:00:00 Hours
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E-book KYC, Order Placement and Trade Execution
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KYC-Order-Placement-and-Trade-Execution
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Chapter 14: Clearing, Margining and Settlement
3 Lessons
00:00:00 Hours
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E-book Clearing, Margining and Settlement
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Clearing-Margining-and-Settlement-Securities-Market
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Chapter 15: Contract Notes, Reporting, Corporate Actions and Reconciliation
3 Lessons
00:00:00 Hours
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E-book Contract Notes, Reporting, Corporate Actions and Reconciliation
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Contract-Notes-Reporting-Corporate-Actions-and-Reconciliation
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Chapter 16: SEBI, Stock Exchanges and the RBI Interface
3 Lessons
00:00:00 Hours
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E-book SEBI, Stock Exchanges and the RBI Interface
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SEBI-Stock-Exchanges-and-the-RBI-Interface
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Chapter17: Disclosures, Insider Trading and Unfair Trade Practices
3 Lessons
00:00:00 Hours
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E-book Disclosures, Insider Trading and Unfair Trade Practices
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Disclosures-Insider-Trading-and-Unfair-Trade-Practices
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Chapter 18: Grievance Redressal, Compliance Culture and Market Conduct
3 Lessons
00:00:00 Hours
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E-book Grievance Redressal, Compliance Culture and Market Conduct
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Grievance-Redressal-Compliance-Culture-and-Market-Conduct
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Chapter 19: Investor Rights, Risk Disclosures and Suitability
3 Lessons
00:00:00 Hours
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E-book Investor Rights, Risk Disclosures and Suitability
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Investor-Rights-Risk-Disclosures-and-Suitability
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Chapter 20: Investor Education, Fraud Prevention and Cyber Awareness
3 Lessons
00:00:00 Hours
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E-book Investor Education, Fraud Prevention and Cyber Awareness
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Investor Education Fraud Prevention and Cyber Awareness
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Our alumni work at India's leading wealth institutions
CWM® charterholders serve in private banking, wealth advisory, financial planning, and portfolio roles across these organizations — part of a 300,000+ global alumni network.
Your charter - tangible, verifiable, yours
Verified in seconds
Every CWM® charter can be verified online by employers and clients at AAFM India's official verification page. Your designation is a credential, not a claim - and verification is what separates the two. Use the CWM® mark after your name on your resume, LinkedIn, business card, and client communication. CertificationValidityChecks
Two routes, one charter
Eligibility & pathways
Compulsory Pathway
For students and early-career professionals - study both levels, pass both exams. Exam eligibility after 60 days of registration.
Experience Pathway - the professional fast track
Graduates with 3+ years of work experience in BFSI are exempt from the Level I exam and its fee, and sit directly for Level II, with exam eligibility after just 30 days. One exam stands between you and the CWM® charter.
Email employment proof to confirm eligibility →Career outcomes
◆What CWM® roles pay in India
| Role | Typical range | Average |
|---|---|---|
| Chartered Wealth Manager® | ₹10–29 LPA | ≈ ₹12 LPA |
| Relationship / Wealth Manager | ₹6–19 LPA | — |
| Private Banker | ₹12–30 LPA | — |
In an AAFM® India alumni survey, CWM® holders reported a ~27% average salary increase within 12 months.
Market salary ranges in India from public sources (Glassdoor, Indeed, 6figr), 2025. Compensation varies by employer, city, experience and individual performance; AAFM® India does not guarantee employment or salary levels.
Why now
◆The demand behind the credential
8.5L+
HNI & UHNI families in India
Hurun India Wealth Report 2025
22%
BFSI industry growth, CAGR
Business Standard
1L+
Wealth advisors needed by 2030
McKinsey, 2025
30+
Corporate hiring partners
AAFM® India
In their own words
◆Charterholder stories
CWM® holders on what the credential changed for them.
How CWM certification fast-tracked his career - an honest review.
Adarsh Kumar Provitt Consultants
Why CWM is the program he recommends.
Naimish Kumar Parmar Bank of BarodaGlobal community
◆ AAFM®-certified professionals practise in the world’s major financial centres
Self-paced or live
◆Choose your Study Mode
Two ways to earn the CWM® charter. Both include your student registration fee and 12-month LMS access, both lead to the same charter, and exam fees are separate.
Study on your own schedule
₹11000
+ 18% GST
₹12980 payable today
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