AIS Portfolio Solutions Fundamentals Guide

Portfolio Solutions Fundamentals is an AIS exam topic weighted at 12%. Use this chapter landing page to frame the advanced portfolio decision first, then move into the section lessons for the specific client, analysis, product, tax, protection, or wealth-accumulation cues.

What this topic is really testing

• portfolio solutions categories and client role
• advisor role, asset allocation, and solution selection criteria
• fee structures, tax considerations, and overlay management
• monitoring, evaluation, and dos and don’ts

Section lessons

Better first instincts

Common traps

• using advanced terminology as a substitute for suitability analysis
• ignoring after-tax and after-fee outcomes
• treating alternatives or hedges as automatically superior because they sound sophisticated
• missing when the best answer is to reset expectations or revise the allocation rather than add a product

In this section

• AIS Portfolio Solutions Categories and Client Role Guide
  CSI Advanced Investment Strategies study guide for portfolio solutions categories and client role, with learning objectives, portfolio decision cues, and exam traps.
• AIS Advisor Role, Asset Allocation, and Solution Selection Criteria Guide
  CSI Advanced Investment Strategies study guide for advisor role, asset allocation, and solution selection criteria, with learning objectives, portfolio decision cues, and exam traps.
• AIS Fee Structures, Tax Considerations, and Overlay Management Guide
  CSI Advanced Investment Strategies study guide for fee structures, tax considerations, and overlay management, with learning objectives, portfolio decision cues, and exam traps.
• AIS Monitoring, Evaluation, and Dos and Don’ts Guide
  CSI Advanced Investment Strategies study guide for monitoring, evaluation, and dos and don’ts, with learning objectives, portfolio decision cues, and exam traps.