CFA® L3 — Private Wealth Management
High-net-worth client planning — tax-efficient investing, estate planning, concentrated positions, family-office structures.
Quick info
- Layer
- Professional Certifications
- Track
- CFA® Level 3
- Estimated hours
- 35 hrs
- Chapters
- 1
- Exam body
- CFA Institute
- Cost on Trustner
- Free
Every chapter below has Foundation, Deep Dive, and Advanced material — read in any order, expand each chapter to see the full content.
About this course
Private wealth management at L3: tax-aware investing, generational wealth transfer, behavioural biases. 10-15% weight (highest L3 individual).
Who this is for
- CFA L3 candidates.
- Private bankers, wealth advisors, family-office CIOs.
What you'll learn
- IPS for individuals — return objective, risk, liquidity, taxes, legal/regulatory, unique
- Tax-aware investing across asset classes and accounts
- Goals-based investing
- Generational wealth and estate planning
- Behavioural biases
Course material — 1 chapters
Each chapter offers three tiers — Foundation for the core concept, Deep Dive for worked examples and practitioner depth, and Advanced for edge cases and exam tips. Click any chapter to expand.
More from CFA® Level 3
CFA® L3 — Asset Allocation
Strategic and tactical asset allocation, capital-market expectations, the IPS, currency management. Heavy in the L3 essay paper.
CFA® L3 — Portfolio Construction
Active vs passive choice, factor investing, manager selection, ETF use, taxes, and the mechanics of building and rebalancing a real portfolio.
CFA® L3 — Performance Measurement
Attribution, benchmarking, risk-adjusted returns, the GIPS Standards. Measuring what a manager actually delivered.
CFA® L3 — Derivatives & Risk Management
Hedging equity, currency, and rate risk; managing portfolios with futures, options, and swaps; tail-risk hedging strategies.