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CISI ICWIM : International Certificate in Wealth & Investment Management

ICWIM

Exam Code: ICWIM

Exam Name: International Certificate in Wealth & Investment Management

Updated: Sep 28, 2026

Q & A: 256 Questions and Answers

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CISI ICWIM Exam Syllabus Topics:

SectionObjectives
Topic 1: Wealth Management Principles- Risk and return concepts
- Portfolio construction basics
- Client investment needs and objectives
Topic 2: Investment and Financial Markets- Structure of financial markets
- Market participants and their roles
- Asset classes and investment products
Topic 3: Investment Products and Suitability- Suitability and client profiling
- Equities, bonds, and collective investments
- Taxation and charges overview
Topic 4: Regulation and Ethics- Regulatory environment in financial services
- Conduct of business and compliance principles
- Ethical standards in investment advice

CISI International Certificate in Wealth & Investment Management Sample Questions:

Question #1
An execution-only sale usually means a sale where there is an absence of:

A. Advice
B. Charges
C. Guarantee
D. Product


Question #2
A firm decides that it would be inappropriate to make derivative recommendations to a particular client. It is likely that the client has been categorised as:

A. A retail client
B. An eligible counterparty
C. A professional
D. A private investor


Question #3
An economy with two consecutive quarters of negative growth is considered to be in what phase of an economic cycle?

A. Recession
B. Inflationary
C. Slump
D. Depression


Question #4
The first stage in the investment planning process is to:

A. Gather in client data
B. Create an action plan
C. Provide the client with information
D. Establish a relationship with the client


Question #5
A client is wishing to retire in 10 years time. It has been determined that they require €30,000 per year to live off and their pension will be €20,000 per year. The client is expected to earn 4% per year on investments and inflation is expected to average 2% over the next 10 years. What lump sum does the client require to fund their retirement?

A. €609,497
B. €304,749
C. €291,425
D. €250,000


Solutions:

Question #1
Correct Answer: A
Question #2
Correct Answer: A
Question #3
Correct Answer: A
Question #4
Correct Answer: D
Question #5
Correct Answer: B

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