The Association of International Wealth Management (AIWM), a
Zurich-based international non-profit organization for wealth management
professionals, has partnered with the Training and Certification arm of
Moody’s Analytics to bring the world-recognized Certified International
Wealth Manager (CIWM) designation to North America. The partnership,
drawing on the time-tested success and reputation of the AIWM wealth
management competency model and the excellence of Moody’s Analytics’
learning methodologies and existing wealth management program, marks the
launch of the world’s leading wealth management credentialing program in
North America.
“I am truly excited about this partnership between Moody’s Analytics and
the AIWM to bring the Certified International Wealth Manager designation
to North America,” says Simon Parmar, Managing Director, Moody’s
Analytics. “Today, wealth knows no borders, and neither should wealth
management standards. Here in Canada, as elsewhere around the world,
affluent clients expect their advisors to provide high-quality counsel,
knowledge to meet their complex needs, and a global perspective. The
Certified International Wealth Manager designation, a global standard in
wealth management proficiency, is a game-changer in the North American
market, raising the bar in the professionalization of wealth management
advice.”
The international wealth management and private banking industry is
changing and growing rapidly, especially in the high-net-worth segment,
presenting significant business opportunities for the world’s advice
professionals and financial services institutions, globally. In Canada
alone, the number of affluent individuals is projected to double by 2020
to more than one million Canadian households with investable assets of
over one million dollars. Serving today’s wealth owners requires a deep
understanding of the complexities of global financial markets, holistic
advice models and the principles of effective client relationships.
“Partnering with Moody’s Analytics was a logical step in our effort to
promote wealth management education and professional excellence across
the globe,” says Dr. Jean-Claude Dufournet, CEO, Association of
International Wealth Management (AIWM). “Both of our organizations are
committed to enhancing professional competency standards in the wealth
management profession around the world. Expanding the Certified
International Wealth Manager designation into North America, one of the
world’s largest wealth management markets, helps us achieve that goal,
providing a global training and credentialing platform for advice
professionals interested in high-quality education, international
networking opportunities and best practices.”
The Certified International Wealth Manager (CIWM) designation,
originally launched in Switzerland in 2007 and well-established in
Europe and Asia, is recognized around the world. Co-awarded by the
Association of International Wealth Management (AIWM) and Moody’s
Analytics in North America, the CIWM targets investment advisors,
private bankers and other professionals working in the wealth management
industry and can be adopted by financial institutions as the highest
training standard for wealth management personnel across their
international platforms.
The CIWM fully addresses the wealth management needs of affluent
clients, offering knowledge in combination with practical skill-based
training focused on investments, risk management, domestic and
international taxation, retirement strategies, estate and trust
planning, and client relationship management.
About the Association of International Wealth Management (AIWM)
Founded in 2007, the Association of International Wealth Management
(AIWM) is a non-profit organization based in Switzerland that was
established to promote and strengthen global education in the wealth
management and private banking industries. The AIWM operates on a global
scale. For more information, please visit http://www.aiwm.org.
About Moody’s Analytics
Moody’s Analytics helps capital markets and risk management
professionals worldwide respond to an evolving marketplace with
confidence. The company offers unique tools and best practices for
measuring and managing risk through expertise and experience in credit
analysis, economic research and financial risk management. By providing
leading-edge software, advisory services and research, including the
proprietary analysis of Moody’s Investors Service, Moody’s Analytics
integrates and customizes its offerings to address specific business
challenges. Moody's Analytics is a subsidiary of Moody's Corporation
(NYSE: MCO), which reported revenue of $2.7 billion in 2012, employs
approximately 8,300 people worldwide, and has a presence in 31
countries. More information is available at www.moodysanalytics.com.
Copyright Business Wire 2014