VIP Exclusive
AAFM Chartered Wealth Manager (CWM®) VIP Practice Exam
AAFM — The American Academy of Financial Management (AAFM) awards the Chartered Wealth Manager (CWM®) designation — its flagship credential — covering investment management, portfolio theory, tax planning, estate planning, risk management, retirement planning, and ethics; the real exam is administered online and typically consists of 100–150 questions across these domains with a passing threshold of approximately 75%.
52
Questions
120m
Time Limit
75.00%
To Pass
Question 1 of 52👑 VIP
A high-net-worth client, age 58, has a $4.2 million portfolio allocated 70% equities and 30% fixed income. She plans to retire in 7 years and wants to shift to a more conservative allocation gradually. Which wealth management strategy BEST describes a systematic reduction in equity exposure over time as the client approaches her retirement date?
Questions 2–52 and full explanations are VIP-exclusive.