Reference Guides to Wealth Management and Trust

The 2024 Reference Guides to Wealth Management and Trust are comprehensive resources for today's wealth advisor, including expanded topics to meet diverse client expectations, with two entire volumes focused on integrated planning and advice. Updated annually, these four guides detail the most relevant topics in Asset Management, Fiduciary and Trust Activities, and Integrated Planning and Advice, enabling you to engage your clients across all areas of their financial lives.

These guides can be used in your daily work as a wealth advisor, or as resources materials to reinforce topics covered in the CTFA Exam Online Prep course. Each guide can be purchased individually or purchase all four guides together for a discount.

Reference Guide to Wealth Management and Trust: Integrated Planning and Advice Volume 1
Covers personal finance, including meeting long-term goals and objectives through effective accumulation and distribution of wealth; life, disability, liability and long-term care insurance; retirement and estate planning; Non-financial assets; and, ethics.
Reference Guide to Wealth Management and Trust: Integrated Planning and Advice Volume II
Covers an overview of current tax laws; individual income tax, including exclusions, deductions, net investment income, AMT and the decedent's final 1040; fiduciary income tax, including trust and estates as taxable entities, basis, gain and loss, income in respect of a decedent, and the effects of a distribution; income taxation of charitable entities, private foundations and split-interest trusts; federal estate and gift taxation, valuations, the marital deduction and tax liability; generation-skipping transfer tax, including computation and liability; effective planning for marital trust, GST, retirement benefits and the closely-held business; and, ethics.
Reference Guide to Wealth Management and Trust: Asset Management
Covers economics and markets; portfolio management, including the equity and debt markets; alternative investments; investment policy, client objectives and risk tolerance; performance management and evaluation, measuring return and risk, and establishing benchmarks; legal considerations; and, ethics.
Reference Guide to Wealth Management and Trust: Fiduciary and Trust Activities
Covers the fiduciary relationship, including fiduciary and investment powers and duties; trust administration, receipts, payments and distributions; opening and closing an account, including alteration or termination of the trust; regulatory and compliance requirements; and, ethics.

The Reference Guides to Wealth Management and Trust (Reference Guides to Wealth Management and Trust | American Bankers Association, aba.com) are updated annually and released in the spring. If you are taking the exam during the February exam window, the Reference Guide released the prior year will suffice. If you are taking the exam at any other time in the year, the Reference Guide released in the spring is recommended.

Reference Guides to Wealth Management and Trust

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