Who should attend
Private Wealth Management is designed for family members whose family is in transition from illiquid to liquid assets, or whose leadership is shifting from one generation to the next. The program also attracts financially sophisticated individuals who seek a more disciplined strategy for today’s financial markets and individuals looking for a current and rigorous curriculum on wealth management.
Participants in this program are a diverse group of global investors from multiple geographies. Faculty tailor the program content to reflect the needs of the participants, so they enjoy an executive education experience that truly resonates with them and meets their learning needs.
About the course
Whether wealth arrives predictably or suddenly, many wealthy families find financial decision-making to be a major challenge. For more than 20 years, Wharton and the Institute for Private Investors (IPI) have provided education to help high–net worth families better manage their assets and work with advisors to achieve their financial goals.
Through class lectures and interactive casework, participants in Private Wealth Management will build a baseline for understanding financial terms and investment performance metrics. They will increase their knowledge in key areas of wealth-management portfolio diversification as well as asset allocation, and learn how to select the right financial advisors. In addition to classroom learning, participants will also have the unusual opportunity to meet others who are part of a family with substantial wealth.
Highlights and Key Outcomes
In Private Wealth Management, you will:
- Increase your depth of knowledge in key areas of private wealth management
- Learn the latest thinking in modern portfolio theory, global markets, asset allocation, family governance, and manager selection
- Meet and collaborate with others who are also part of a family with substantial assets and have the need for family asset management
Experience & Impact
Regardless of whether you are transitioning leadership from one generation to another, selling a business, or simply trying to make better decisions regarding your family‘s wealth, Private Wealth Management Program offers a unique learning opportunity. This immersive, five-day course will give you the knowledge and the confidence needed to achieve your wealth management goals.
The program, first designed for IPI in 1999, allows participants to increase their depth of knowledge in key areas of wealth management, while having the unusual opportunity to meet and work with others, like themselves, who are part of a family with substantial assets. The case study for the program is directly related to private wealth management issues and current market challenges.
Wharton faculty, led by Richard C. Marston, PhD, a leading expert on international investing, apply their field-based research and the latest strategic insights to help you broaden your perspective on how to make your organization more competitive.
Session topics include:
- Performance Measurement and Manager Evaluation
- Historical Returns in Markets
- Post-crisis Markets
- Modern Portfolio Theory
- Family Governance and Wealth Transfer
- Asset Allocation
- Hedge Funds: Evidence and Case Studies
- Wealth Management Unwrapped
As part of the core curriculum, the program places you within the Currency Family, a fictitious family with business and investment interests worldwide. You and your fellow participants will make decisions that will affect the family’s wealth and members of the family for generations to come.
This distinctive Wharton experience uses class lectures, interactive casework, and participants‘ personal experiences to increase your depth of knowledge in key areas of wealth management and prepare you to apply it to your own situation.
Education PhD, University of Chicago, 1972; MBA, University of Chicago, 1971; BA, University of Chicago, 1968 Career and Recent Professional Awards; Teaching Awards Outstanding Professor Award, Evening School, 1990 Academic Positions Held Wharton: 1973-present. Jeffrey F. Jaffe and Anup Agrawal ...
Chris Geczy has been on the Finance Faculty at Wharton since 1997 and is Academic Director of the Jacobs Levy Equity Management Center for Quantitative Financial Research. He is also Academic Director of the Wharton Wealth Management Initiative at Wharton Executive Education. He has a B.A. in eco...
A Wall Street veteran and entrepreneur, Charlotte Beyer has been identifying changes in the culture and dynamics of wealth management since 1992. Beyer founded the Institute for Private Investors [IPI] to help improve the relationship between wealthy investors and their financial advisors and is ...
Education PhD, University of Chicago, 1984; AB, Duke University, 1978 Recent Consulting Commercial real estate market analysis; housing market analysis Academic Positions Held Wharton: 1984present; (Chairperson, Real Estate Department, 20072013; Chairperson, Real Estate Department, 19992003; Nan...
Education PhD, University of Chicago, 1985; MBA, University of Chicago, 1983; MBA, University of Western Ontario, 1980; BS, University of Western Ontario, 1978 Career and Recent Professional Awards; Teaching Awards Oxford University Press Century Publication Celebration 100 Best Papers of All Tim...
Education PhD, Massachusetts Institute of Technology, 1972; BPhil, University of Oxford, 1968; AB, Yale University, 1966 Career and Recent Professional Awards; Teaching Awards German Marshall Fund Fellow, 1981; Sanwa Bank Award, 1992 Academic Positions Held Wharton: 1977present (Director, Weiss C...
Education PhD, Princeton University, 2000; B.S., Bogaziçi University, 1991 Academic Positions Held Wharton: 2009present; 19982008. Previous appointment: Stanford University Archishman Chakraborty, Simon Gervais, Bilge Yilmaz (2011), Security Design in Initial Public Offerings , Review of Finance...
Videos and materials
Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.
We are happy to help you find a suitable online alternative.