The Investment Management Consultants Association offers this comprehensive education program designed specifically for financial services professionals who wish to develop expertise in investment consulting. The IMCA Essentials learning platform incorporates educational content with self-evaluation. The program consists of four modules that cover (1) Investment Policy and the Asset Allocation Process, (2) Manager Search and Selection, (3) Performance Measurement and Evaluation, and (4) The Mathematics of Investment Consulting.

 

For individuals wanting to learn investment consulting, these self-contained independent study programs provide a thorough education in both the theory and practice of investment management consulting and include many useful examples and bibliographies for future study. Upon successful completion of all four modules, a certificate will be awarded. Upon application and acceptance, your books will be mailed to you and you will receive a schedule of online quizzes.

 

The “Investment Policy and the Asset Allocation Process” module teaches concepts and procedures necessary for the consultant to formulate and implement an invest­ment policy and related asset allocation. The topics covered include: establishing client investment objec­tives, an overview of the capital markets including capital markets theory, formulation of investment policy guidelines, determination of risk tolerance and development of an asset allocation.

 

The “Manager Search and Selection” module covers manager due diligence, evaluating investment man­agement organizations, understanding strategies and styles and monitoring requirements.

 

This module in the IMCA self-study course incorporates evaluation and analysis in measuring a portfolio’s performance. Topics covered: performance calculations, risk calculations, performance evaluation, perfor­mance attribution, and performance standards.

 

This publication contains learning objectives in the mathematics of finance: notation, future value, CAPM, and performance measurement.

 

Prerequisites:

The Essentials of Investment Consulting is open to anyone interested in the investment consulting process.

 

This program is approved for 12 CFP CE Credits.

 

IMCA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org. For more information on NASBA standards, click here.