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Certified Private Wealth Advisor (CPWA) Certification Program

Certified Private Wealth Advisor ® (CPWA®) is an advanced professional certification for advisors who serve high-net-worth clients. It’s designed for seasoned professionals who seek the latest, most advanced knowledge and techniques to address the sophisticated needs of clients with a minimum net worth of $5 million. Unlike credentials that focus specifically on investing or financial planning, the CPWA program takes a holistic and multidisciplinary approach.

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The Value of CPWA

76%
Clients that say specialized designations are important when choosing an advisor
$7.3M
Average assets per client of CPWA advisors
3.9
Times higher average assets per client of CPWA advisors vs. non-CPWA practices

CPWA certification is for seasoned professionals who seek the latest, most advanced knowledge and techniques to address the sophisticated needs of high-net-worth (HNW) clients. In a recent Building HNW Knowledge Through the CPWA Certification research study, CPWA-certified advisors found the designation to be of immense value, with more than 65 percent stating that the designation led to increased knowledge of investment management, greater confidence in managing investments, and an increase in client trust. See the key reasons why you should make the commitment and earn the CPWA certification.

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How It works

CPWA Certification Process

1​ Application

Submit the certification application and meet the prerequisites, which are:

  • A bachelor’s degree from an accredited college or university, or one of the following certifications or licenses: CIMA®, CIMC®, CFA®, CFP®, ChFC® or a CPA license.

  • Five years of experience in financial services or delivering services to high-net-worth clients.

  • Successfully complete a comprehensive background check.

And select a registered education program:

  The Institute Yale Online Chicago Booth
Member US$6,495 US$6,995 US$7,495
Nonmember1 US$6,890 US$7,390 US$7,890
1Includes one-year membership
2​ Education

Candidates complete the CPWA education requirement through a registered education program.

Depending on the registered education program you select, CPWA coursework can be completed through a combination of online and in-person executive education, or completely online.

Time Commitment:
To successfully prepare to sit for the Certification Examination, the recommended study time is 10-15 hours per week for approximately 6 months. Successful candidates report studying a total of 100-250 hours to prepare for the exam.

Upcoming Classes

Class Type Enrollment Deadline1 Online Education In-class Education Program2
The Institute3 July 20, 2018 July 2018-January 2019 January 27-February 1, 2019
Chicago Booth September 7, 2018 September 2018-March 2019 March 24-29, 2019
Yale Online N/A On Demand N/A


1Classes have limited capacity and may fill up before the enrollment deadline.
2Subject to change.
3The Institute in-class education program will be held at the Emory Conference Center in Atlanta, GA.

3​ Examination

Candidates complete the CPWA Certification Exam, a 4 hour-long, computer-based examination administered at local Pearson VUE testing centers.

The exam is comprised of 135 multiple-choice questions.

Completion of the education program is a requirement for CPWA certification. The content presented during the program is designed to be educational, and should not be solely relied upon for test preparation. Instructors do not have specific knowledge of exam questions.

4​ Certification
The final step is to sign a license agreement to adhere to the Investments & Wealth Institute’s Code of Professional Responsibility and the appropriate use of the certification marks.

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More CPWA Information

Why Earn a CPWA Certification?

Why CPWA?

Learn how the CPWA certification has increased certificants’ knowledge and skills as they work with high-net-worth clients and compare how the CPWA certification stacks up against the CIMA and other well-respected industry designations.

Testimonials

Ready to get started?

Apply for CPWA certification now or if you have additional questions, request more information.

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