FINS 2643: WEALTH MANAGEMENT

WEEK 1: INTRODUCTION

COURSE STAFF
Lecturer-in-charge: | Email: | Location: | Consultation: Mr. Eric Tan eric.tan@unsw.edu.au ASB 364 (East Wing) To be announced in Week 8

WEALTH MANAGEMENT IS ABOUT

Learning the relevant investment and regulatory environment | Making long term and strategic decisions as an individual investors | Applying common sense and finance concepts to
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set rational goals create, manage and protect wealth

Learning some of the technical skills of a competent personal financial advisor/banker

WEALTH MANAGEMENT IS NOT ABOUT

More finance theory | Getting rich quick | Short term trading strategies such as arbitrage or day trading | Stock picking skills
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WEALTH MANAGEMENT FOCUSES ON

The financial planning process | Asset allocation and leverage decisions | Evaluating outcomes after tax | Nature, regulation and choice between various financial and insurance products | The choice between legal instruments and structures for wealth management | Planning issues in certain circumstances
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COURSE LEVEL LEARNING OUTCOMES

Aware of the scope and ethical principles in the financial advisory industry | Set and assess financial goals | Creating budget and saving plans | Discuss and assess risk profiles | Discuss the Australian taxation system and suggest tax effective ways to build wealth | Recommend appropriate asset allocation and long term investment strategies
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