Minimizing the risks in lending to the affluent
Course Objective
Advanced Lending to Wealthy Individuals helps participants identify and understand the nature of credit risks that emanate from the sophisticated wealth management strategies used by clients, and it introduces loan structure strategies to minimize those risks.
The goals of this course are to understand:
- Stages of wealth and asset protection strategies and their impact on credit risk.
- Estate and transfer tax laws and their impact on wealth management strategies.
- Wealth transfer strategies and their impact on credit risk.
- Early warning signs of troubled loans.
Who will benefit from this course?
Commercial and private bankers, credit officers, credit analysts and loan review officers who want to gain more knowledge about lending to the affluent.
How this course will help you meet the challenges of your career and today's market
As a result of your participation in Advanced Lending to Wealthy Individuals, you will:
- Understand the stages of wealth and why wealthy individuals need to engage in wealth protection and wealth transfer strategies.
- Know the purpose and function of common asset protection strategies and be able to identify and assess the impact of those strategies on credit risk.
- Understand current and proposed estate and transfer tax laws and how they impact wealth management strategies of wealthy individuals.
- Know the purpose and function of wealth transfer strategies (i.e., trusts) and be able to identify and assess the impact of those strategies on credit risk.
- Be able to identify early warning signs of troubled loans to wealthy individuals.
Prerequisites
Participants are expected to have a thorough knowledge of financial accounting, traditional financial statement analysis, personal financial statement analysis, cash flow, and personal cash flow. RMA highly recommends its introductory course Lending to Wealthy Individuals and Analyzing Personal Financial Statements and Tax Returns as prerequisites to this course.
The Participant's Manual can be purchased online or by contacting RMA's Customer Care at 1-800-677-7621.
To purchase the Instructor's Guide (Product No. 628802), please contact Stacy Forcina at 1-215-446-4065.