Risk Management for Individuals - Part I - CFA Level III Reading 22

Learn essential concepts of individual risk management in this 48-minute educational video covering key components of the 2025 Level III CFA® Program curriculum. Master the relationships between human capital and financial capital as elements of total wealth, understand how these components interact with economic net worth, and explore the various financial life stages individuals experience. Examine the structure of economic balance sheets while gaining deep insights into major risk categories including earnings, premature death, longevity, property, liability, and health risks and their impacts on both human and financial capital. Develop a comprehensive understanding of holistic wealth management principles that form the foundation for advising individual clients on risk management strategies.