Certification blueprints change, and 2026 is no exception — vendors quietly retire old objectives and add new ones. TorrentExam keeps its CWM_LEVEL_2 practice questions under continuous review, and your purchase of the AAFM Chartered Wealth Manager (CWM) Certification Level II Examination material includes 365 days of free updates.
AAFM CWM_LEVEL_2 Exam Overview:
| Certification Vendor: | AAFM |
|---|---|
| Exam Name: | Chartered Wealth Manager (CWM) Certification Level II Examination |
| Exam Number: | CWM_LEVEL_2 |
| Exam Format: | MCQ, No Negative Marking, Objective Type |
| Exam Duration: | 180 minutes |
| Real Exam Qty: | 85 |
| Exam Price: | USD 200 (Overseas Candidates) |
| Available Languages: | English |
| Related Certifications: | Chartered Wealth Manager (CWM) |
| Certificate Validity Period: | Registration valid for 365 days; certification must be completed within 3 years from registration activation |
| Passing Score: | 50% |
| Sample Questions: | ![]() |
| Exam Way: | Online examination delivered through Pearson VUE or NSE testing platforms; available throughout the year at authorized test centers and supported online examination channels. |
| Pre Condition: | Under the Compulsory Pathway, candidates must pass CWM Level I before appearing for Level II. Under the Experience Pathway, candidates with a minimum of 3 years of eligible financial services experience may directly appear for Level II subject to AAFM approval. |
| Official Syllabus URL: | https://www.aafmindia.co.in/CWMCertification/CharteredWealthManagerCurriculum.aspx |
AAFM CWM_LEVEL_2 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Managing Relationships in Wealth Management | - Relationship Management by a Wealth Manager
|
| Topic 2: Tools in Wealth Management | - Loan and Debt Management
|
| Topic 3: Wealth Management Practice | - Advanced Wealth Management
|
| Topic 4: Asset Classes in Wealth Management | - Real Estate Valuation and Analysis
|
AAFM Chartered Wealth Manager (CWM) Certification Level II Examination FAQ: Straight Answers for Candidates
Yes. A free PDF demo is available so you can review the question quality and format before you pay anything. And once you do purchase, your AAFM Chartered Wealth Manager (CWM) Certification Level II Examination material includes 365 days of free updates — if that update period expires, you can extend it later at a 50% discount from your member zone.
The CWM_LEVEL_2 exam includes 85 questions, and you have 180 minutes to complete them. That makes pacing a real part of the challenge. Before test day, work out roughly how much time you can afford per question, get used to flagging a hard item and coming back to it instead of burning five minutes on one answer, and run at least a couple of full timed sessions in the TorrentExam test engine so the clock feels familiar when it counts.
The official blueprint divides the AAFM Chartered Wealth Manager (CWM) Certification Level II Examination into 4 domains. The main areas include Managing Relationships in Wealth Management, Wealth Management Practice, Tools in Wealth Management. Each domain breaks down into its own subtopics, so scroll up to the complete exam outline above before you plan your study schedule.
Under the Compulsory Pathway, candidates must pass CWM Level I before appearing for Level II. Under the Experience Pathway, candidates with a minimum of 3 years of eligible financial services experience may directly appear for Level II subject to AAFM approval. Certification vendors do adjust these requirements from time to time, so we recommend confirming the current criteria on the official exam page — official CWM_LEVEL_2 exam information before you register.
The CWM_LEVEL_2 exam is the official test you need to pass to earn the AAFM Certification certification at the Advanced level. Passing it validates your skills to employers, and for many IT professionals it is a direct step toward better roles and better pay. It also connects to related credentials such as Chartered Wealth Manager (CWM), so it is worth understanding where this exam sits on your certification path.
The passing score for the CWM_LEVEL_2 exam is 50%, and the official registration fee is USD 200 (Overseas Candidates). One thing candidates often overlook: if you do not pass, a retake means paying that fee again in full. It is a strong argument for drilling with the 1234 practice questions from TorrentExam until your mock scores sit comfortably above the bar before you book a seat.
If you take the corresponding CWM_LEVEL_2 exam within 60 days of purchase and do not pass, you can apply for a full refund under our 100% Money Back Guarantee. Send us a scanned copy of your exam enrollment slip together with your official Score Report PDF within 2 days of taking the exam, and we will process the claim within 7 days. Please note the conditions: sitting the exam within 3 days of purchase does not qualify, the candidate name on the exam record must match the payer's name, and free materials, downloaded-but-never-taken exams, and expired orders are excluded. If you would rather not take a refund, you can exchange your order for two other exam products of equal value at no cost and keep the update service on your original purchase. Delivery itself is instant: the files are available for download right after payment and also reach your mailbox within a minute — contact our customer service team if nothing arrives within 2 hours. There is no limit on how many computers you may install the material on.
AAFM Chartered Wealth Manager (CWM) Certification Level II Examination Sample Questions:
Section A (1 Mark)
A 15 year annuity due has a future value of Rs. 15,00,000/- If ROI is 9 % per annum, then how much will be each annuity amount ?
- A. 46870.02
- B. 47897.12
- C. 35487.98
- D. 56487.32
Correct Answer: A 🗳️
Section A (1 Mark)
Decision horizon is __________
- A. Length of time between decisions to revise the portfolio
- B. Length of time between decisions to redeem the portfolio
- C. Minimum time interval over which investors can revise the portfolio
- D. None of the above
Correct Answer: A 🗳️
Section B (2 Mark)
If an investor strongly believes that the stock market is going to have a sharp decline shortly, he or she could maximize profit by
- A. Hedging current short positions.
- B. Short selling stock-index futures contracts.
- C. Buying stock-index futures contracts.
- D. Using stock-index futures to straddle the market.
Correct Answer: B 🗳️
Section B (2 Mark)
R acquired shares of G Ltd, on 15/12/1998 for Rs. 5 lakh which were sold on 15/5/2011 for Rs. 18.50 lakh.
Expenses of transfer were Rs. 20,000/-. He invests Rs. 6 lakh in the bonds of NHAI on 16/10/2011. Compute the capital gain for the assessment year 2012-13.
- A. Rs. 1,11,766/-
- B. Nil
- C. Rs. 76, 345/-
- D. Rs. 1,13,423/-
Correct Answer: A 🗳️
Section A (1 Mark)
Which of the following is NOT the general purpose of CRM?
- A. Purpose of CRM is better managing their customers through the introduction of reliable systems and methods.
- B. All of above given options
- C. Purpose of CRM is enable organizations to service their existing customers more emphatically and more forcefully
- D. Purpose of CRM is not developing processes and procedures for interacting new customers.
Correct Answer: D 🗳️








