A few years ago, I was asked to fill out a private banking and wealth management questionnaire. The purpose of this was to find out if I had the skills and knowledge needed for private banking and wealth management. This is an exciting career choice, but one with many steps along the way. Some of these steps are finding a good financial institution, learning about how to manage your money, developing an investment strategy, participating in a financial education program, meeting with an administrator to discuss your goals and objectives, and finally, taking and passing the required examinations. The question on my quiz was how to best prepare for each of these steps in addition to finding the best financial institution.

The first question on the form asked what kind of educational experience I had. I listed my undergraduate degree, my associate’s degree, my master’s degree, and my Ph.D. (in finance). After selecting a four-year university, I asked what the mean for financial engineering. The examiners then asked if I held a CFA, or an abbreviation for Certified Financial Analyst. A CFA means that I had passed the CFA exam and had been professionally certified in financial engineering from an accredited institution.

After selecting two institutions to which I would like to attend, the next question on the private banking and wealth management take my exam for me was about investment management. My next step was to select what area of investment I was most interested in. Again, I was asked to name several areas. Next, I was asked how much risk I was willing to take. I was asked if I preferred to manage my own investments, or if I preferred to use an investment management firm.

When it comes to the private banking and wealth management take my exam for me, the next portion is almost identical to the first question. Again, I was asked to name several areas of interest. Next, I was asked how much time I have to study. Time is obviously important, but I am not sure that this answer makes a lot of sense. If I took a year off and studied one year in advance, and two years in between, could I still pass?

After considering these questions, I did, in fact, receive a passing score of my CFA designation. This was more than I expected. I was very elated. Of course, since I am not a math whiz, and because I am not familiar with many of the terms being used on the test, I didn’t get my phd. I still think that it is an outstanding achievement, though. It took close to twenty years of studying mathematics to accomplish this goal.

So, now I am ready to take my exam for me. The timing is not yet defined. It is a good idea to start thinking about it now. The exam will be based on what you learned in private banking and wealth management courses. If you plan to take them, you will need to make sure you know these concepts.

There are online private banking and wealth management courses as well as in-class sessions at your local community college. If you are really interested, try to find out if there are any institutes offering courses in your area. You may even want to enroll in a class to brush up on what you have already learned. Make sure you take your exams when they are available.

A great way to help get prepared for the test is to go through practice tests. They do not really test you for the material, but they give you a “tester’s feel” of how you will likely react in the real exam. This will help you focus, so that you can take my exam for me. And don’t forget: practice makes perfect!