Portfolio Management for Retail Clients

Course details

Dive into portfolio management for retail clients—individuals and families that have wealth to invest, not corporations with funds to earn returns. Explore the basics of the retail portfolio manager (PM) role, including PM approaches, drafting an investment policy statement (IPS), and typical methods that PMs use to manage portfolios. Through hands-on applications and portfolio simulations, practice key skills that a retail PM would need to demonstrate on a regular basis. Ideal for aspiring portfolio managers and wealth management professionals, this course builds the terminology, concepts, and skills needed to get started.

Concepts

Introduction

Course introduction

What Is Retail Portfolio Management

Retail vs. institutional portfolio management
Portfolio manager approaches, part one
Portfolio manager approaches, part two

Investment Policy Statements (IPS)

Developing an investment philosophy
Drafting an investment policy statement (IPS) - Part 1
Drafting an investment policy statement (IPS) - Part 2

Managing Portfolios

Model-based approach
How to use models, part one
How to use models, part two

Applications for Retail PM

Equity model overview
Equity model initial
Equity model later
Portfolio overview
Portfolio allocations
Portfolio strategic target
Portfolio fixed income tilt
Portfolio equity tilt

Conclusion

Course summary