CISI Private Client Investment Advice & Management (PCIAM): 3-day Revision

Professional Qualification


Level 6 qualification

The Certificate in Private Client Investment Advice & Management (PCIAM) has been designed to enable existing practitioners to demonstrate their broad understanding of the principles of private client investment advice, within the context of the current regulatory environment. By completing a small amount of Continuing Professional Development (CPD) the qualification provides a route to RFA/RDR compliance.

The revision session will build on your self-directed study and will give you an opportunity to ask questions and develop your exam technique. The contact time focuses on what you can expect to see in the exam and helps to build your confidence before you sit the paper.

Suitable For

Advisers needing to become RFA/RDR-compliant. Delegates must possess a Level 4 investment-related qualification.

3 days

This course has already run and a new date has not yet been scheduled. Please contact us to register your interest.

Learning Outcomes

Delegates will:

  • Understand the key elements of the syllabus
  • Have the ability to succinctly communicate key issues
  • Develop the confidence to discuss investment advice


The exam reflects situations and issues that practitioners will encounter and requires students to apply their knowledge to answer case studies, write reports and explain techniques and terms.

PCIAM is made up of one three-hour unit, which is delivered in narrative format.

In addition to being a stand-alone qualification, this certificate also forms one unit of the CISI Diploma. The certificate is a Level 6 qualification and so, with a small amount of gap-filling, fulfils the requirements of the RFA/RDR.

Who developed this?

This exam is awarded by the Chartered Institute for Securities and Investment (CISI), which is the premier supplier of financial services qualifications to the securities and investment industry. Over 40,000 exams are taken each year.

The CISI is a charity, registered in the UK, whose exams are taken throughout the world. It has offices in the Middle East, India, China and Singapore. The qualification has been developed with input from expert practitioners from leading global financial firms, including AXA Investment Managers and the Bank of New York Mellon.

It provides delegates with a clear benchmark to demonstrate that they have acquired the necessary knowledge to carry out their job roles competently.

Regulatory approval

The CISI is recognised as an Awarding Body by the UK Office of the Qualifications and Examinations Regulator. Many of the CISI’s qualifications are mandated by different regulators around the world, so both individuals and firms can be confident that the CISI’s processes, policies and systems meet rigorous quality assurance standards.


Please note that the cost excludes materials, which can be purchased from the CISI; your exam fee is payable directly to the CISI.