## Overview

Our free CFA Level III Private Wealth Management notes cover everything you need to know for this module. From individual IPS formulation, taxes and wealth transfer, to managing concentrated positions, we've got you covered. Whether you're intensively reviewing or looking to solidify specific concepts, these notes provide added peace of mind, knowing that you have a comprehensive resource to help consolidate and revise effectively for CFA Level III. Think something could be better? [Give us a shout on our contact page](/contact), and we'll take a look.

We've created detailed study guides for all CFA Level III topics. Check out our other free notes below:

- [Ethical and Professional Standards](./cfa-level3-ethical-and-professional-standards)
- [Behavioral Finance](./cfa-level3-behavioral-finance)
- [Private Wealth Management](./cfa-level3-private-wealth-management)
- [Institutional Investors](./cfa-level3-institutional-investors)
- [Capital Market Expectations](./cfa-level3-capital-market-expectations)
- [Asset Allocation and Portfolio Construction](./cfa-level3-asset-allocation-and-portfolio-construction)
- [Fixed-Income Portfolio Management](./cfa-level3-fixed-income-portfolio-management)
- [Equity Portfolio Management](./cfa-level3-equity-portfolio-management)
- [Derivatives and Currency Management](./cfa-level3-derivatives-and-currency-management)
- [Alternative Investments and Private Markets](./cfa-level3-alternative-investments-and-private-markets)
- [Risk Management](./cfa-level3-risk-management)
- [Trading Execution and Rebalancing](./cfa-level3-trading-execution-and-rebalancing)
- [Performance Evaluation and Attribution](./cfa-level3-performance-evaluation-and-attribution)

## 1. Individual IPS formulation

- [Objectives constraints and return requirement](./cfa-level3-individual-ips-formulation-objectives-constraints-and-return-requirement)
- [Liquidity horizon taxes legal and unique](./cfa-level3-individual-ips-formulation-liquidity-horizon-taxes-legal-and-unique)
- [Strategic asset allocation for private clients](./cfa-level3-individual-ips-formulation-strategic-asset-allocation-for-private-clients)

## 2. Taxes and wealth transfer

- [Tax regimes tax drag and asset location](./cfa-level3-taxes-and-wealth-transfer-tax-regimes-tax-drag-and-asset-location)
- [Trusts wills and estate planning](./cfa-level3-taxes-and-wealth-transfer-trusts-wills-and-estate-planning)
- [Cross-border considerations and tax alpha](./cfa-level3-taxes-and-wealth-transfer-cross-border-considerations-and-tax-alpha)

## 3. Managing concentrated positions

- [Monetization hedging and diversification](./cfa-level3-managing-concentrated-positions-monetization-hedging-and-diversification)
- [Single asset risk and liquidity events](./cfa-level3-managing-concentrated-positions-single-asset-risk-and-liquidity-events)
- [Employee stock options and restricted stock strategies](./cfa-level3-managing-concentrated-positions-employee-stock-options-and-restricted-stock-strategies)

Free CFA Level III Private Wealth Management Study Guide