CSBS BAI Course Catalog

Wealth Management

Wealth Management

Descendent Accounts 45 minutes This course, recommended for account representatives, addresses the complex issues surrounding the proper handling of decedent accounts, beginning with the decedent account process and how account ownership and titling impact withdrawals or funds disbursement. The course describes testate and intestate estates and identifies the legal representative of each estate type, the formal document authorizing them, and their responsibilities. It also outlines the various debt and tax obligations associated with decedent accounts. Finally, the course explains the different procedures for disbursing decedent account funds from a testate or intestate estate. 15 minutes Broker-dealers and associated persons are ethically bound to just and equitable principles of trade. This course will provide information on the policies that establish and enforce those principles as well as how to avoid conflicts of interest. 35 minutes This course provides an informative overview of risk management practices in the context of wealth and asset management. Intended for wealth management staff, the course provides a foundation in understanding specific risk management topics, including identifying and assessing risk, prioritizing and mitigating risk, compliance and regulatory risk, and the emerging risk of environmental, social, and governance (ESG). 20 minutes Intended for wealth management personnel, this course covers the basics of turnkey asset management programs. Using video and optional audio, the course helps wealth and investment advisors understand the characteristics of TAMPs, their potential benefits and limitations, and questions to ask and get answered when considering specific TAMP partners. 45 minutes This course is intended for wealth management personnel needing an overview of the Bank Secrecy Act and its implications for preventing money laundering and terrorism financing. Requirements for wealth management and other financial institutions to know their customers, file Currency Transaction Reports and Suspicious Activity Reports, and compare customers' identities against government lists are discussed. 30 minutes This course is intended for wealth management personnel and provides an overview of available options for education savings. The course details and compares the features of Coverdell ESAs and 529 savings plans. 30 minutes Intended for wealth management personnel, this course covers the benefits, goals, and components of estate and legacy planning. It reviews the value and protective nature of trusts, including discussion of the basic trust types and categories and a closer look at family legacy trusts. The course helps wealth managers recognize the concerns and decisions facing their clients as they create their estate plans. Personal Account Trading Policies Wealth Management: An Introduction to Risk Management Wealth Management: An Introduction to TAMPs Wealth Management: BSA and AML Considerations Wealth Management: Education Savings Accounts Wealth Management: Estate and Legacy Planning

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