Chartered Wealth Manager - CWM

  

This financial designation has its own set of requirements, including actual work experience in the field of wealth management (no, you can’t just pass a multiple choice test for this one) and a degree that the guys who issue this designation consider legit.

A CWM has full reign to provide his clients with investment expertise, and hopefully help them grow their nest egg.

Related or Semi-related Video

Finance: What is a Portfolio?7 Views

00:00

Finance allah shmoop What is a portfolio Well this is

00:07

an artist portfolio The clay ashtrays they did in preschool

00:11

for mom They're sketches of birds and whatever else they

00:14

could see out of their bedroom window and this hot

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mess all part of their body of work All right

00:20

Moving on All right Now here's An investor's portfolio four

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hundred shares a coke one hundred grand worth of corporate

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bonds from comcast shell and mickey d's Two hundred fifty

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shares of whatever dot com and a bunch of other

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names in here Well the whole thing comprises the portfolio

00:35

of investments that mr and mrs jones air making to

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you know hopefully be able to retire on what else

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is in here while they're home It's probably worth eight

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hundred grand Now that shoebox in palo alto subtract there

00:47

three hundred grand in mortgage and five hundred k is

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thie equity value They have now in their homes Right

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What else Here's a thousand shares of the awesome yield

00:57

mutual fund in twelve hundred chairs have show me the

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money index fund added all up that's their investment portfolio

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that's everything they own or have as invested in assets

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So it's a portfolio a broad based one and a

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more narrow based portfolio might be just a given mutual

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or index fund with like a focus on investing or

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just a collection of a dozen stocks they owned in

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a brokerage account like this one Why so many eggs

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or investments Well because diversity is a good thing when

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it comes to investments usually anyway unless you're zuk r

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bezos or larry sergei if you found it facebook or

01:33

amazon or google well and the world looks a little

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bit different from fifty thousand feet up in the air

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in your private jet But for normal people like us

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you know who don't know much about investing in internet

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stocks Well then a diverse portfolio spreads risk and volatility

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And if you're careful about not spending too many of

01:51

your beans well you two can go off into the

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sunset Living a nice retirement playing with your own yacht 00:01:58.049 --> [endTime] for his rubber duckie

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