| Dates | Location | Tuition |
|---|---|---|
| Mar 21, 2010 - Mar 24, 2010 | Philadelphia | $5,950 |
A program that welcomes alumni from the University of Pennsylvania, Wharton, and past participants of Wharton Executive Education.*
Led by Wharton’s preeminent finance faculty, this three-and-a-half-day program addresses the key concerns of high-net-worth investors and the impact of revolutionary changes in the financial markets on their investment decisions. Incorporating lectures and real-life examples, the program gives investors the information they need to evaluate investments better, make sound choices, and work well with their trusted advisors. Topics covered include:
- Fundamentals of investment theory and practice
- Balancing risk and return in uncertain market conditions
- Asset allocation and investment performance
- How the economy relates to investment choices
- Issues of taxation
- Hedge funds as alternative investments
- Family businesses and philanthropy
- Investor decision-making styles in both normal and stressful times
- How to build effective relationships with wealth management professionals
Listen to Wealth Preservation Academic Director Chris Geczy weigh in on the Bernard Madoff Ponzi scheme during a recent NPR interview.
*Exceptions to alumni status made on a case by case basis. Additional alumni discount does not apply for this program.
Tuition for Philadelphia programs includes lodging and meals. Prices are subject to change. Program Consultants are available to provide more information on course specifics and discuss how this program might meet your needs. Please contact them by telephone at +1 215.898.1776 or by e-mail.
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This program uses lectures and case studies to examine the fundamentals of modern portfolio theory, and offers suggestions for balancing risk and return in uncertain market conditions. From a discussion of market history and how today’s experiences fits into that record, to how today’s macro-economy interacts with investment choices, participants engage in a comprehensive review of investment issues. Sessions will examine asset allocation; how investors ‘decision styles impact their investment decisions; how to evaluate investment performance; how to build more open relationships with wealth management professionals; alternative investment vehicles; philanthropy; and taxation considerations.
Related Wealth Management and Preservation Articles
- "Managed Futures to the Rescue" — BankInvestmentConsultant.com (October 1, 2009)
- "How the Rich Save Today" — CNBC (September 2009)
Wharton@Work:E-Buzz
- Focus on Fundamentals: Finance and Investing in 2009 (December 2008)
- Taking Stock: Investing for the Long Run (December 2008)
- Preserving Wealth: Wharton Launches New Program for High-Net-Worth Investors (November 2008)
This program welcomes alumni from the University of Pennsylvania and the Wharton School, and past participants of Wharton Executive Education (exception to alumni status made on a case by case basis).
This program will allow you to:
- Analyze investment performance to clearly understand which vehicles, services, and strategies are useful in your portfolio.
- Better understand the correlation between macroeconomic events and the financial markets, and the resulting impact on your portfolio.
- Refine your view of decision making, risk, and financial goals in light of new market opportunities.
- Understand your decision-making style and how it responds to ups and downs in the market.
- Gain an awareness of which long-held tenets and fundamentals of investing continue to be relevant and which have changed in light of revolutionary market conditions.
- Ground your relationships with advisors and other wealth management professionals in trust and open communication by:
- Better understanding your own risk tolerance in the new economy
- Focusing on your aspirational wealth management goals
- Being better prepared to engage in more productive discussions with these professionals
- Build an appreciation of the impact of philanthropy on your wealth management goals, portfolio, and community.
CHRISTOPHER
C.
GECZY, PhD
Academic Director
Adjunct Associate Professor of Finance
Academic Director, Wharton Wealth Management Initiative
The Wharton School
Academic Director, Wharton Wealth Management Initiative
The Wharton School
Christopher C. Geczy is an assistant professor in the Finance Department of the Wharton School at the University of Pennsylvania. His current research focuses on various topics including risk management, multifactor models, the performance of managed funds, various aspects of equity lending and short-selling, and shareholder agreements among parties to firms. His work has appeared in various books and scholarly journals including the Journal of Finance, the Journal of Financial Economics, and the Journal of Political Economy. It has also been covered in The Wall Street Journal, The New York Times, the Financial Times, Forbes, SmartMoney Magazine, on CNBC's Squawk Box, and in numerous other media outlets.
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 annual Institute of the Securities Industry Association®, speaking about hedge funds and alternative investments. He is on the Economic Advisory Board of the NASDAQ, serves on the editorial board 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.
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 annual Institute of the Securities Industry Association®, speaking about hedge funds and alternative investments. He is on the Economic Advisory Board of the NASDAQ, serves on the editorial board 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.
CHARLOTTE
B.
BEYER
Founder and CEO
Institute for Private Investors
Institute for Private Investors
Charlotte Beyer founded the Institute for Private Investors (IPI) to change the way investors work with advisors, and advisors work with investors, for the benefit of both. The appeal to the 350+ families — four out of five overseeing $50 million or more — is education and networking all within a "safe harbor." Two hundred firms also are members of IPI. More than 50 events are held each year, and members electronically participate through Memberlink®. Surveys on investor members' attitudes and behaviors include the annual Family Performance Tracking®, often a trend indicator of investor expectations. IPI offers no investment recommendations or consulting services, and membership dues and educational fees are the sole source of revenue.
JEFFREY
JAFFE, PhD
Associate Professor of Finance
The Wharton School
The Wharton School
Jeff Jaffe, a leading authority on asset allocation, has written widely on the topics of investment styles and stock returns, international investment returns, market anomalies, and the effects of information on security prices. He has been recognized for his outstanding teaching. Professor Jaffe has co-authored several textbooks on finance and is a frequent contributor to finance and economic journals.
A. CRAIG
MACKINLAY, PhD
Joseph P. Wargrove Professor of Finance
The Wharton School
The Wharton School
A. Craig MacKinlay has been a faculty member at Wharton since 1984. He is a Research Associate of the National Bureau of Economic Research, a member of the Journal of Investment Consulting Advisory Board, a member of Morgan Stanley Institutional Equity Trading Academic Advisory Board and a former member of the Board of Directors of the American Finance Association and the NASD Economic Advisory Board. His research interests include empirical implementation and validation of asset pricing models, measuring investment performance, pricing of futures contracts, microstructure of financial markets, assessment of credit risk, and statistical methods in finance.
Professor MacKinlay has coauthored two books, one entitled the Econometrics of Financial Markets and another entitled A Non-Random Walk Down Wall Street. He has also published in numerous journals, including the Review of Financial Studies and the Journal of Financial Economics. His honors include the Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security, and the Oxford University Press Century Publication Celebration 100 Best Papers of All Time Award.
Professor MacKinlay has coauthored two books, one entitled the Econometrics of Financial Markets and another entitled A Non-Random Walk Down Wall Street. He has also published in numerous journals, including the Review of Financial Studies and the Journal of Financial Economics. His honors include the Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security, and the Oxford University Press Century Publication Celebration 100 Best Papers of All Time Award.
ANTHONY
PALOMBIT, PhD
HBDI Facilitator
Anthony Palombit, PhD, brings more than two decades of corporate and consulting experience in the areas of change management, organizational effectiveness and leadership development. Specializing in leadership development assessments, he is the master trainer for Herrmann International (Thinking Styles) and Genos Americas (Emotional Intelligence) and has trained over 1,000 facilitators in these technologies at companies such as MTV, Cirque du Soleil, IBM, Microsoft, HP, Target, Pfizer, Johnson & Johnson, the UN, the CIA, the Department of Defense, Victoria’s Secret, the GAP, Roger’s Communications and Cadbury.
KATHERINA
ROSQUETA
Executive Director
The Center for High Impact Philanthropy
The Center for High Impact Philanthropy
Katherina M. Rosqueta is the founding executive director of The Center for High Impact Philanthropy at the University of Pennsylvania. Before accepting her appointment at the Center in the Spring of 2006, Ms. Rosqueta spent five years as a consultant at McKinsey & Company, where she served clients in the areas of strategy development, capability-building, and post-merger management. While at McKinsey, she led several employee volunteer initiatives to support consultant involvement on nonprofit boards.
Her work and comments have been cited in numerous publications including the Wall Street Journal, Chronicle of Philanthropy, Money Magazine, and the International Herald Tribune. She is a frequent speaker on issues of social impact management and philanthropy and has lectured at the Wharton School, Stanford Graduate School of Business, University of California Haas School of Business, and the University of San Francisco’s Institute for Nonprofit Organization Management.
Her work and comments have been cited in numerous publications including the Wall Street Journal, Chronicle of Philanthropy, Money Magazine, and the International Herald Tribune. She is a frequent speaker on issues of social impact management and philanthropy and has lectured at the Wharton School, Stanford Graduate School of Business, University of California Haas School of Business, and the University of San Francisco’s Institute for Nonprofit Organization Management.
PATRICIA
WILLIAMS, PhD
Associate Professor of Marketing
The Wharton School
The Wharton School
Patti Williams is Associate Professor of Marketing at the Wharton School. She currently teaches courses on advertising/marketing communications to both undergraduates and MBA students at Wharton, and has also taught on marketing and the Internet. She is the recipient of an Excellence in Teaching Award.
Her research interests include the role of emotions in persuasion and consumer decision making and automatic and effortful processes in consumer behavior. Her papers have appeared in the Journal of Consumer Research and the Journal of Marketing Research, among others. She serves on the Editorial Review Board for the Journal of Consumer Research and the Journal of Consumer Psychology.
Prior to joining the Wharton School in 2000, Dr. Williams was an assistant professor at the Stern School of Business at NYU. She received a BA in communications from Stanford University and an MBA and PhD in marketing from UCLA.
Her research interests include the role of emotions in persuasion and consumer decision making and automatic and effortful processes in consumer behavior. Her papers have appeared in the Journal of Consumer Research and the Journal of Marketing Research, among others. She serves on the Editorial Review Board for the Journal of Consumer Research and the Journal of Consumer Psychology.
Prior to joining the Wharton School in 2000, Dr. Williams was an assistant professor at the Stern School of Business at NYU. She received a BA in communications from Stanford University and an MBA and PhD in marketing from UCLA.