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WME Exam 2 Getting to Know the Client and Assessing Their Financial Situation Case Guide

CSI WME Exam 2 topic guide for getting to know the client and assessing their financial situation, with case lessons, priority cues, planning traps, and review priorities.

Getting to Know the Client and Assessing Their Financial Situation is a WME Exam 2 topic weighted at 23%. Use this landing page to frame the case issue first, then move into the chapter lessons for the exact discovery, tax, retirement, estate, investment, securities, product, or monitoring cue.

What This Topic Is Testing

WME Exam 2 questions in this topic test whether a candidate can extract the controlling facts from a case. Focus on goals, deadlines, liquidity, risk capacity, tax, legal and family issues, product fit, missing information, and the first defensible next step.

Chapter Lessons

LessonMain review cue
Wealth Management Todaycase intake, missing facts, goals, deadlines, cash flow, net worth, risk capacity, and priority ranking
Ethics and Wealth Managementcase-level ethics, conflicts, incomplete disclosure, client trust, escalation, and documentation
Getting to Know the Clientcase intake, missing facts, goals, deadlines, cash flow, net worth, risk capacity, and priority ranking
Assessing the Client’s Financial Situationcase intake, missing facts, goals, deadlines, cash flow, net worth, risk capacity, and priority ranking
Consumer Lending and Mortgagesdebt pressure, affordability, mortgage choice, refinancing, liquidity strain, and planning trade-offs

Better First Instincts

If the case feels most like…Better first move
too many facts at oncesummarize client, goal, deadline, and dominant constraint before answering
missing or inconsistent informationclarify facts before selecting the final recommendation
retirement, estate, tax, or insurance conflictrank planning priorities before product implementation
portfolio or product fitconnect the product to risk capacity, objective, tax, liquidity, and monitoring

Common Traps

  • reading a case question like a standalone definition question
  • solving the easiest visible fact instead of the most important client issue
  • calculating before identifying why the calculation matters
  • choosing an implementation answer when the stronger answer is discovery, clarification, documentation, or monitoring

In this section

Revised on Friday, May 29, 2026
2. Family Law, Risk Management and Tax Planning