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Updated: Aug 14, 2026
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AAFM CWM_LEVEL_1 Exam Overview:
| Certification Vendor: | AAFM |
| Exam Name: | Chartered Wealth Manager (CWM) Certification Level 1 Examination |
| Exam Number: | CWM_LEVEL_1 |
| Exam Format: | Multiple Choice Questions (MCQs), Objective Type Examination |
| Exam Duration: | 120-180 |
| Available Languages: | English |
| Real Exam Qty: | 55-120 |
| Exam Price: | Varies by country and registration pathway |
| Related Certifications: | Chartered Wealth Manager (CWM) Certification Level 2 Chartered Wealth Manager (CWM) |
| Passing Score: | 50% |
| Certificate Validity Period: | Certification renewal may be required every 3 years in certain regulatory pathways |
| Exam Way: | Computer-based examination delivered through authorized testing partners such as Pearson VUE and NSE testing centers; objective-type online examination. |
| Pre Condition: | No Level 1 prerequisite examination. Candidates pursuing the compulsory pathway must pass Level 1 before registering for Level 2. |
| Official Syllabus URL: | https://www.aafmindia.co.in/CWMCertification/CharteredWealthManagerCurriculum.aspx |
AAFM CWM_LEVEL_1 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Alternative Products in Wealth Management | - Alternative Investments
|
| Tax Laws for Wealth Management | - Tax Planning
|
| Life Cycle Management | - Financial Life Planning
|
| Role of Wealth Management in Banking | - Banking Products and Services
|
| Measuring Investment Risk and Returns | - Risk and Return Analysis
|
| Legalities in Wealth Management | - Legal and Regulatory Framework
|
| Investment Vehicles in Wealth Management | - Investment Products
|
| Concept of Insurance and Risk Management | - Protection Planning
|
| Concept of Wealth Management | - Wealth Management Fundamentals
|
| Indian and Global Financial System | - Financial Markets and Institutions
|
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