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
- 4
- Exam body
- CFA Institute
- Cost on Trustner
- Free
The full chapter-by-chapter syllabus is published below so you know exactly what you're committing to. Individual lesson pages are being authored progressively over the coming weeks. Bookmark this page or browse all courses.
About this course
High-net-worth client planning — tax-efficient investing, estate planning, concentrated positions, family-office structures.
Who this is for
- CFA L3 candidates.
- Private wealth advisors and family-office staff.
What you'll learn
- HNW client interview and discovery
- Tax-efficient asset location
- Concentrated-position management
- Estate and inter-generational planning
Full syllabus — 4 chapters
- 1Reading 1
HNW client objectives
- Goal articulation
- Multi-generational considerations
- 2Reading 2
Tax-efficient investing
- Asset location
- Loss harvesting at HNW scale
- 3Reading 3
Concentrated positions
- Hedging and exchange funds
- Charitable strategies
- 4Reading 4
Estate planning integration
- Trusts and inter-generational transfer
- Cross-border considerations
About the exam
- Provider
- CFA Institute
Note: ~10-15% of CFA L3 weight.
The exam is administered by CFA Institute. Trustner Academy is not affiliated with CFA Institute; we provide independent preparatory educational material. See our disclaimer.
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.