The AAFM CWM Level 2 exam is a crucial step towards becoming a Certified Wealth Manager, covering an extensive range of topics that equip aspiring professionals with the skills and knowledge needed to excel in wealth management. The exam delves into the intricacies of investment analysis, enabling candidates to evaluate investment opportunities critically. It also explores the art of portfolio management, teaching individuals how to construct and manage diverse investment portfolios tailored to clients' unique financial goals and risk tolerances. Additionally, the exam provides a deep understanding of global markets, empowering candidates to navigate the complexities of international financial landscapes and make informed investment decisions. Other key topics include financial planning, which involves creating comprehensive financial plans for clients, taking into account their income, expenses, assets, and liabilities. Ethical and professional standards are also emphasized, ensuring that candidates understand the importance of maintaining high ethical standards and adhering to professional codes of conduct in their practice. Risk management is another critical aspect, with the exam covering strategies to identify, assess, and mitigate various types of financial risks. Lastly, candidates will learn about wealth preservation and transfer, which involves strategies to protect and grow wealth over the long term, as well as planning for the smooth transfer of wealth to future generations.