CFA三级写作课后题（2020.12）8.pdf

2020 年12 月CFA 三级写作题 PRIVATE WEALTH MANAGEMENT 今年由于疫情的缘故，CFA 考试被迫延期。虽然给了大家更多的复习时间，但也不可掉 以轻心。近年来，CFA 考试的难度在逐步提高，并且在三级中更偏向实务与理论结合的考察。 相比2019 年考纲，2020 年考纲发生了较多的变化。其中关于经济学的部分，更名为资本市 场预期，并进行了重大改变；衍生产品与资产配置中的外汇管理合并在一起，并进行了较大 的改写；另类投资的内容完全重新改写；交易与业绩评估合并在一起，并重新编写。而一向 是考试重点的私人财富管理和机构组合管理也发生了较大变化，其中私人财富管理的第一个 Reading 重新编写，而机构组合管理也进行了重新编写，这些变化需引起考生重视。为了全 面应对考试，我们全面推出了的各种学习平台，如金程网校、手机APP、金程CFA 答疑等活 动，请各位充分利用。如有学术问题，请登录至金程网校提问。祝大家好运，顺利通过CFA 三级考试，加油！ 1-33 Private Wealth Management Case 1: Henlopen McZhao Henlopen McZhao is a private wealth manager. After a successful introductory meeting with Nescopeck Cree, she is meeting again with this new client to plan a wealth management strategy. McZhao seeks additional personal information from Cree. McZhao learns that Cree is 45 years old and is currently employed as an attorney. Cree has a number of specific financial goals that he wishes to achieve in the future but has no particular return objective for his portfolio. Because he has been investing for 20 years, Cree is comfortable with moderate levels of market volatility. His employment provides for his current expenses, so Cree’s liquidity requirements are minimal. Cree prefers to have his environmental and social concerns reflected in his investment choices. 1. Discuss additional personal information that McZhao should gather from Cree in order to properly advise this new client. Solution: McZhao should obtain the following additional personal information from Cree:  Family situation: Marital status, children and grandchildren, ages of family members  Identification: Copy of driver’s license or passport  Additional career information: Future aspirations for career, business, and