CISI Private Client Investment Advice & Management (PCIAM)

PCIAM is a standalone level six qualification offered by the Chartered Institute for Securities & Investment (CISI) – that is to say it is not a paper that makes up part of a wider CISI qualification. On successful completion of this qualification delegates that choose to join the CISI as members are able to use the designation MCSI.

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Course Overview

Private Client Investment Advice & Management (PCIAM) enables practitioners to demonstrate their broad understanding of the principles of private client investment advice, within the context of the current regulatory environment.

You will be able to structure a suitable portfolio, selecting from a range of financial products, which meets client objectives and is based on the key principles of know your customer. You will also be able to undertake regular portfolio reviews and evaluations to ensure continued adherence to client objectives.

Exam Type	Online written paper
Exam Content	Section A: Ten compulsory short-answer questions; 40% of the marks, Section B: One essay from a choice of three; 20% of the marks, Section C: One compulsory question based on a case study; 40% of the marks
Exam Length	3 hours
Learning Outcome 1	Candidates will be able to assess the implications of the UK legal and regulatory framework as they apply to the provision of private client investment advice and management and how these provisions apply their knowledge to real working examples.
Learning Outcome 2	Candidates will be able to assess the impact of taxation on the evaluation of investments and the provision of investment advice as well as applying the rules to working examples.
Learning Outcome 3	Candidates will be able to evaluate the relevance of market-related factors that can influence investment decisions, processes and advice and how they apply to private client portfolios.
Learning Outcome 4	Candidates will be able to understand the principles and key features of UK trusts and the UK law governing their creation and management.
Learning Outcome 5	Candidates will understand the different types of investment asset classes, financial instruments, retail investment products and schemes available in the UK and how they apply to private client circumstances and their portfolios.
Learning Outcome 6	Candidates will be able to recommend suitable investment products for private clients. Candidates will be able to evaluate investment performance and review portfolio requirements in response to market movements and customer requirements.

Course Price: £199.00 + VAT

Access Duration: 6 months

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Programme Details

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CPD awarded

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Exam guidance

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Structured, weekly learning

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Mock exam with instant feedback

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Downloadable workbooks

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6 months access

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Revisit content at any time

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Re-sit exam multiple times

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‘Ask the instructor’ messaging system

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Tracks learning progress throughout

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24-hour access to our learning platform

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