STEP 01
Analyst / Associate
Part of a globally certified professional framework
CFOM® is awarded under American Academy of Financial Management® standards, with the charter conferred by AAFM, USA on successful completion of the examination through authorised centres.
Trusted & recognised worldwide
Who earns the CFOM®?
Family office professionals
Those already working inside a single or multi-family office who want a formal charter behind the practice.
Wealth managers & financial advisors
Advisors whose client conversations have outgrown mutual funds and insurance.
Portfolio managers & investment consultants
Professionals who need structuring depth alongside investment capability.
Private bankers
Relationship leaders on HNI and UHNI desks moving into international and structured wealth advisory.
Estate & succession advisors
Professionals advising HNIs and UHNIs on estate transfer who want the investment side to match.
Aspiring family office professionals
Those targeting a move into the family office ecosystem from banking, advisory or product roles.
CFOM® assumes you are already in practice. If you are building a broad wealth management and financial planning foundation, CWM® is the better starting point; if your focus is trust and estate planning specifically, look at CTEP®.
What is the Chartered Family Office Manager® designation?
CFOM® is a chartered designation conferred by AAFM, USA and delivered in India by AAFM® India. It is a designation, not a course: you complete nine modules of live instructor-led classes, pass the certification examination, and earn the right to use the CFOM® mark after your name. It is not an introduction to wealth management. CFOM® is an advanced charter for finance professionals already in practice, built around what India's family offices are investing in and structuring today — with preparation support for NISM XXI-A (PMS) and NISM XIX-A and XIX-B (AIF).
Modules 1–6
Investment depth
Family office fundamentals, Alternative Investment Funds across all three categories, succession and inheritance planning, Portfolio Management Services, digital assets, and technical analysis and commodities.
Modules 7–9
Structuring depth
GIFT City and family investment structures, Specialized Investment Funds, and NRI taxation alongside how modern family offices actually run.
The gap
From Product Distributor to Advisor for Generations
The product set has moved on
Families are allocating to AIFs, PMS and now SIFs. An advisor whose vocabulary stops at mutual funds is not in the room when those decisions are made.
Structure matters more than selection
At this level of wealth the question is rarely which fund. It is which entity, which jurisdiction, and how the holding passes to the next generation.
Cross-border is now routine
GIFT City structures and NRI taxation come up in ordinary conversations, and a purely domestic frame of reference runs out quickly.
Three problems treated as one
Governing capital, growing it and passing it on are usually taught as separate specialisations. Families experience them as a single problem.
CFOM® closes each gap with one connected programme — nine modules and 50+ live sessions running from family office fundamentals through AIF, PMS and SIF, into succession planning, GIFT City structures, digital assets and NRI taxation.
Trusted by Leading Employers
Our certifications open doors to top companies across the finance industry.
INDIA
INTERNATIONAL
Program Overview
Not just investment management
The Chartered Family Office Manager® programme equips you to advise on the sophisticated instruments and structures that HNI and UHNI families actually use — so you become their trusted advisor rather than another distributor. It is built for the advisor who serves fewer clients, more deeply, across generations.
The same client looks very different through two lenses. Traditional advisory sees mutual funds, investment products, an individual client, returns and a short-term horizon. The CFOM® approach sees AIF, PMS and SIF, family wealth structures, an HNI or UHNI family, wealth preservation, and succession across generations — domestic and cross-border.
- Alternatives, in depth: Category I, II and III AIFs across 25 of the 50+ sessions, because that is where most family office allocation decisions now sit.
- Structures, not just products: GIFT City Family Investment Funds and the legal and investment structures family offices are built on.
- Succession as a discipline: intergenerational transfer, family legacy and succession strategy for business families.
- Regulatory readiness: preparation support for NISM XXI-A (PMS) and NISM XIX-A and XIX-B (AIF), conducted independently by SEBI-NISM.
The curriculum: 9 modules, 50+ live sessions, one integrated practice
Nine modules built around what India's family offices are investing in today. The programme opens with how family offices are structured, spends its largest block on alternatives, then moves through succession, structuring and cross-border taxation — the sequence in which an advisor actually encounters them.
9 Modules · 50+ Live Sessions · Weekend Format
| Module | Sessions | What it covers |
|---|---|---|
| 01 · Wealth Management & Family Office Fundamentals | 2 sessions | How modern family offices are structured, and why that matters for wealth managers, investment advisers and professionals serving HNI and UHNI clients. |
| 02 · Alternative Investment Funds (AIF) | 25 sessions | Category I, II and III AIFs in depth — structures, investment strategies, the regulatory framework, and their place in sophisticated portfolios. |
| 03 · Succession & Inheritance Planning | 6 sessions | Succession and inheritance planning for HNI, UHNI and business families — intergenerational transfer, family legacy and succession strategy. |
| 04 · Portfolio Management Services (PMS) | 6 sessions | PMS structures, investment approaches, client suitability, and how PMS is used to build portfolios for affluent investors. |
| 05 · Crypto & Digital Assets | 4 sessions | The digital-asset ecosystem — cryptocurrency fundamentals, blockchain-based assets, market dynamics and risk considerations. |
| 06 · Technical Analysis & Commodities | 4 sessions | Practical technical analysis across stocks and digital assets, plus the commodities market, price behaviour and analytical frameworks. |
| 07 · GIFT City & Family Investment Structures | 2 sessions | Setting up Family Investment Funds (FIF) and other legal and investment structures in GIFT City for family offices and distribution activities. |
| 08 · Specialized Investment Funds (SIF) | 2 sessions | SEBI's newest asset class — product structures, investment approaches and suitability for sophisticated investors. |
| 09 · NRI Taxation & Family Office Functioning | 1–2 sessions | NRI taxation, cross-border considerations, and how modern family offices run — with perspectives from senior industry professionals, CEOs and CIOs. |
Session counts are indicative and may vary by batch. NISM examinations are conducted and certified independently by SEBI-NISM; CFOM® provides preparation support for NISM XXI-A (PMS) and NISM XIX-A and XIX-B (AIF) but does not conduct or award them.
Why structured preparation makes all the difference
Most advisors struggle to move up-market, not for lack of ability, but because:
- alternatives are learned piecemeal, from product notes rather than a framework
- structuring knowledge sits with lawyers and CAs, so advisors defer instead of leading the conversation
- succession is treated as a separate specialisation from investments
- there is no realistic way to learn this while carrying a full client book
How the programme addresses it
CFOM® runs as live instructor-led weekend classes across nine structured modules, taught by practitioners with up to three decades of industry experience. Governance, growth and transfer are taught as one integrated problem rather than three specialisations, and every session is recorded so a missed weekend does not derail the programme.
A complete family office advisory skill set
Advise across alternatives
Work confidently across AIF Categories I, II and III, PMS and SIF — structures, strategies, regulation and suitability for sophisticated investors.
Structure family wealth
Set up Family Investment Funds and other legal and investment structures in GIFT City, and understand where cross-border structuring adds value.
Plan succession and legacy
Design intergenerational transfer and succession strategy for HNI, UHNI and business families.
Run a family office
Understand how modern family offices are structured and governed, alongside NRI taxation and cross-border considerations.
Your journey from enrollment to charter
No uncertainty after payment
01
Enroll and join a cohort
Pay securely, with a 0% interest-free EMI option available. Seats per batch are capped because classes are live.
02
Attend live weekend classes
Three hours each on Saturday and Sunday, designed around a full-time professional's calendar.
03
Work through nine modules
50+ sessions from family office fundamentals through alternatives, structuring and succession.
04
Revise with recordings
Every session is recorded and available for review before your examination.
05
Sit the certification exam
A single objective examination, held monthly through authorised centres.
06
Earn your CFOM® charter
Conferred by AAFM, USA, plus membership of the global alumni network. Most participants certify within four to six months.
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.
Career application
Career application
A typical progression in the private wealth and family office ecosystem:
STEP 02
Wealth Manager
STEP 03
Private Banker / Investment Specialist
STEP 04
Senior Wealth / Family Office Professional
STEP 05
Family Office Head / Independent Advisor
Note: Indicative career progression only. Actual roles and growth depend on your experience, qualifications, employer and market conditions. Completion of the CFOM® programme does not guarantee employment, designation or promotion.
CURRICULUM_SUBTITLE:
RECOGNITION_HEADING: Part of a globally certified professional framework
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.
One route, one charter
Eligibility & pathway
Who can enroll
Graduates and above. CFOM® is designed for finance professionals already in practice and assumes working familiarity with financial products, since the programme moves quickly into alternatives and structuring.
What certification requires
Complete the nine-module programme and pass the CFOM® certification examination through an authorised centre. The charter is then conferred by AAFM, USA.
Seats per cohort are capped because classes are live and weekend-only. Batches are scheduled periodically — confirm current batch dates with a programme advisor.
Earn it, don’t buy it
Earn it, don't buy it
CFOM® exam pattern & certification criteria
Detail
Specification
Examination type
MCQ (objective)
Number of exams
One
Passing marks
50%
Negative marking
None
Exam frequency
Monthly
Exam Eligibility
Graduate and above
Eligibility
Graduate and above
Fees payable separately
Exam
Fee
GST
Payable at booking
CFOM® examination fee
₹8,000 + GST
Certification fee
USD 100, payable on certification
The counsellor call, replaced
Fees, exams & eligibility — answered
Everything you'd normally ask a counselor, answered here.
Fees and enrollment
CFOM® is a chartered designation conferred by AAFM, USA and delivered in India by AAFM® India. It covers the instruments and structures used in family wealth advisory — AIF, PMS, SIF, GIFT City family investment structures, succession and inheritance planning, digital assets, commodities and NRI taxation — across nine modules and 50+ live sessions.
CWM® builds broad wealth management and financial planning capability. CTEP® focuses on trust and estate planning. CFOM® is narrower and deeper than CWM® and wider than CTEP®: it assumes you are already in practice and covers the alternatives, structures and succession work that family offices do together. Several participants hold CWM® or CTEP® already and take CFOM® as the next step.
It is not designed as an entry point. CFOM® is an advanced charter for finance professionals already in practice. If you are starting out, CWM® is the better foundation.
CFOM® is conferred by AAFM, USA. AAFM® certifications are held valid in 150+ countries, and AAFM® India is part of a network of 300,000+ certified professionals globally
Exams and eligibility
Live instructor-led classes on weekends — three hours each on Saturday and Sunday — across nine modules and 50+ sessions. Every session is recorded and available for review and revision before your examination.
Most participants complete the programme and certify within four to six months.
It runs across 25 of the 50+ sessions and covers Category I, II and III AIFs in depth — structures, investment strategies, the regulatory framework and their place in sophisticated portfolios. It is the largest module because alternatives are where most family office allocation decisions now sit.
The programme includes preparation support for NISM XXI-A (PMS) and NISM XIX-A and XIX-B (AIF). Those examinations are conducted and certified independently by SEBI-NISM — CFOM® prepares you for them but does not conduct or award them.
Every session is recorded and available in your portal, so a missed class can be caught up before the next module builds on it.
Graduates and above. The programme assumes working familiarity with financial products, since it moves quickly into alternatives and structuring.
A single objective MCQ examination with a 50% pass mark and no negative marking, held monthly through authorised centres.
The programme fee is ₹65,000 + 18% GST, which comes to ₹76,700. This includes the AAFM India registration fee, all nine modules of live instructor-led weekend classes, session recordings, online modules, industry case studies and NISM exam preparation support. The CFOM® examination fee of ₹8,000 + GST and the certification fee of USD 100 are payable separately.
Yes. A 0% interest-free EMI option is available. Speak to a programme advisor for the current terms.
Classes are live and weekend-only, so each cohort is capped to keep sessions interactive. Batches are scheduled periodically — confirm current batch dates with a programme advisor.
Full Curriculum
See exactly what you'll learn, module by module.
Download the CFOM® brochure for the complete nine-module plan, session breakdown and upcoming batch dates.
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
₹65000
+ 18% GST
₹76700 payable today
- AAFM India registration fee
- 9 modules of live instructor-led weekend classes
- 50+ live sessions
- Session recordings for revision
- Online modules and industry case studies
- NISM exam preparation support
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