Chapter 1: The Portfolio Management Process

In this section

• The Seven Steps of the Portfolio Management Process
  Learn how Investment Advisors guide clients through a structured, seven-step process to build and oversee portfolios that meet diverse needs and objectives.
• Information Required by Regulation and Law
  Discover the critical legal and regulatory requirements that govern investment advisors in Canada, focusing on KYC, AML, and suitability obligations, with real-world examples and references to official guidelines.
• How Investment Advisors Can Learn About Their Clients
  Learn practical strategies and best practices for understanding client needs, preferences, and behavior, encompassing face-to-face interviews, questionnaires, regulatory requirements, and behavioral finance insights.
• How Investment Advisors Can Determine Investment Objectives and Constraints
  Learn the essential process of establishing a client's investment objectives and constraints, including practical methods, case studies, and real-world examples under the Canadian regulatory framework.
• How an Investment Advisor Can Craft an Investment Policy Statement
  A thorough, practical guide on drafting an Investment Policy Statement, including key components, real-world examples, and regulatory considerations in Canada.
• Communication Skills an Investment Advisor Needs
  Discover essential communication strategies for investment advisors, including trust-building, clear explanations of complex concepts, handling difficult conversations, and ongoing client reporting for successful portfolio management.