| Dates | Location | Tuition |
|---|---|---|
| Jun 8, 2008 - Jun 13, 2008 | Philadelphia | $9,250 |
CFA charterholders and members will receive a discounted tuition rate of $8,950. Tuition includes lodging, meals, and use of the facilities.
Building a successful wealth management practice in today's hypercompetitive and volatile environment is more challenging than ever. To grow a successful wealth management practice, you must be able to apply concepts across the fields of behavioral finance, alternative investments, and tax and estate planning. You must also communicate your financial leadership skills effectively to establish trust with clients — one of the most important assets of all.
The Wharton/CFA Institute Wealth Management in Practice program offers CFA charterholders, members, and other highly qualified financial professionals the most advanced thinking about private wealth management from one of the world's leading faculties in finance.
Based on best practices and the newest wealth management research, the Wharton/CFA approach enhances the CFA Body of Knowledge to help you become more adept at building and enhancing a private wealth management practice.
This program will also help you to initiate and sustain life-long client relationships through clearer, more compelling communications as you hone the skills necessary to manage high net worth portfolios.
Through interactive class lectures, discussion, and casework, participants expand upon elements of the CFA Body of Knowledge to apply practical knowledge and techniques in key areas of wealth management.
The use of targeted case studies compels participants to integrate investment issues with communication and leadership strategies. Participants will call upon their own experiences, as well as knowledge gained during the week, to solve the challenges identified in the case studies. Learning is enhanced by the continual exchange among practitioners whose goal is to ensure an exceptional private wealth practice.
Session Topics for the Wharton/CFA Institute Wealth Management in Practice Program
- Effective Client Communication
- Behavioral Finance
- Asset Allocation and Implementation for Private Clients
- Alternative Investments
- Building Your Practice in Volatile Times
- Global Tax and Estate Considerations
About the CFA Institute
CFA INSTITUTE is the global, not-for-profit professional association that administers the Chartered Financial Analyst® (CFA®) curriculum and examination program worldwide, publishes research, conducts professional-development programs, and sets voluntary, ethics-based professional and performance-reporting standards for the investment industry. CFA Institute was known as AIMR (Association for Investment Management and Research) from 1990 to early 2004, and before that it was two separate organizations whose roots go back to 1947.
Wealth Management in Practice program participants will comprise CFA charterholders, members, and other select financial professionals, including those experienced wealth managers who would like to reevaluate their practices; non-charterholders/members must possess knowledge/skills deemed equivalent to the relevant portion of the CFA charter. The class size will be held to a maximum of 45 participants. Class size is limited to allow for open and in-depth interaction.
Candidates are selected on their ability to both benefit from and contribute to the program. Each candidate will be reviewed by a screening committee and notified of his or her acceptance or wait-list status within two weeks of applying.
- Shorten the "trial and error" phase of building a wealth management practice.
- Serve as the client's "quarterback," working with the CPA, estate planner, insurance professional and others on wealth management issues.
- Elevate the level, focus, and scope of client communications.
- Build a wealth management practice centered on the CFA Body of Knowledge concepts and other tools relevant to wealth management but not included in the CFA program.
CHRISTOPHER C. GECZY, PhD
The Wharton School
Professor Geczy is a Fellow of the Wharton Financial Institutions Center and has been the New York Stock Exchange Fellow and the Geeweax-Turker Fellow at the Rodney L. White Center for Financial Research at Wharton. He has a BA in economics from the University of Pennsylvania and a PhD in finance and econometrics from the Graduate School of Business at the University of Chicago. Before his studies at Chicago, Professor Geczy worked for the Board of Governors of the Federal Reserve System, Washington, D.C., in its Division of Research and Statistics. He regularly teaches investment management, and co-created the first full course on hedge funds at the Wharton School along with a number of executive education courses. He has taught AIMR-accredited professional Risk Management courses through the University of Chicago's Graduate School of Business. Dr. Geczy also has appeared often in the Securities Industry Association's annual Institute, speaking about hedge funds and alternative investments. He is on the Economic Advisory Board of the NASDAQ, acts an editor of the Journal of Alternative Investments, is a founding board member of the Mid-Atlantic Hedge Fund Association, and serves on the curriculum and exam committees of the Chartered Alternative Investment Analyst Association.
Professor Geczy has consulted for clients in the areas of asset allocation, hedge fund portfolio analysis and development, financial risk management, and the development of investment and trading strategies.
RICHARD C. MARSTON, PhD
Professor of Economics
Director, Weiss Center for International Financial Research
The Wharton School
Dr. Marston regularly participates in the Investment Management Consultants Association (IMCA) Program and the Advanced Management Program. He is also director of the Institute for Private Investors Program at Wharton.
Dr. Marston has given presentations in more than a dozen countries in Europe, Latin America, and Asia. He has also given presentations for a number of securities firms in the United States, including most recently Merrill Lynch, Lincoln Financial, and Smith Barney. His work has been widely cited in the press, including publications such as Barron's, the Financial Times, Newsweek, and The Wall Street Journal, and he has also appeared on television programs such as the Nightly Business Report and on CNBC.
LISA WARSHAW
As director of the Wharton Communication Program, Ms. Warshaw is responsible for teaching communication to over 1,000 MBA and Executive MBA students annually and managing a full-time staff and part-time lecturers.
Ms. Warshaw has worked in 21 countries and gained extensive insights into cultural influences in the workplace. Her international experience includes:
- Hill Samuel Australia — Established an international trade finance division for an English merchant bank in Sydney.
- Chase Manhattan Bank — Trade Finance: Europe (England and France), West Africa (Cameroon, Gabon, and Ivory Coast) and the U.S.
- IMF – Bureau of Statistics, Washington, D.C.
- Non-profit consulting and teaching in geographic areas including the Baltics (Latvia), Central Asia (Kazakhstan, Kyrgyzstan, and Uzbekistan), and the Caribbean (Jamaica, Trinidad & Tobago, St. Lucia, and Barbados).
Ms. Warshaw has provided consulting services to companies including Merrill Lynch, Safeguard Scientific, and Floragift.com. One of her current teaching interests is dealing with the media during times of crisis. She obtained a BA with Honors in Economics from Duke University and an MBA from Harvard Business School.
PATRICIA WILLIAMS, PhD
The Wharton School