Family Wealth Management: Advanced Financial Strategies

Program Experience

Highlights and Key Outcomes

In Family Wealth Management: Advanced Financial Strategies, you will:

• Grasp the critical differences between conventional investment and family wealth management so you can work more expertly with family offices
• Explore how to successfully balance the different investment horizons, risk preferences, and liquidity needs of multi-generational families
• Enhance your financial acumen with high-level discussions of modern portfolio theory, alternative asset classes, and international markets
• Discover the critical role of manager selection and due diligence in the context of wealth management
• Learn techniques for fostering effective communication within the family

Experience & Impact

In the current environment, ultra-high-net-worth families are increasingly seeking expert financial guidance to maintain ownership of their wealth across time. If you are a professional financial advisor or family office executive who manages the portfolio of these high-net-worth families, this program is for you.

Family Wealth Management: Advanced Financial Strategies provides you with a rigorous, in-depth guide to being a successful family office advisor, covering best practices, cutting-edge research, and the latest trends. You will begin by grasping the differences between family office management and conventional investing. Explore the complexities of holistic portfolio construction for multi-generational, multi-branch families, including differential risk preferences and investment horizons, tax considerations, estate planning, and succession management. You’ll also receive a granular review of the alternative asset classes that are deployed by these families, as well as reviewing the applications of modern portfolio theory.

The program’s co-academic directors are top experts in this distinctive area of asset management. Wharton Professor of Management Raffi Amit founded and chairs the Wharton Global Family Alliance (WGFA), a unique academic-family business partnership that brings together influential global families to share thought leadership. Bilge Yilmaz serves as Wharton Private Equity Professor, professor of finance, and academic director of the Harris Family Alternative Investments Program. Along with the other distinguished lecturers in this program, they offer you a breadth and depth of knowledge in wealth management — backed by uncompromising data-driven analysis — unmatched by any faculty worldwide.

The classroom experience is enhanced with interactive sessions, real-life case studies, and guest speakers. Overall, Family Wealth Management: Advanced Financial Strategies fully equips you to seize opportunities and expand your client base during the historic wealth transfer occurring in our time.

Session topics include:

• Family Wealth Management: Balancing Family Harmony with Financial Prosperity
• The Outlook for the Global Economy
• Modern Portfolio Theory
• Performance Measurement
• How to Invest in Volatile Markets: Lessons from Theory and Practice
• How to Invest in Volatile Markets: Models of Asset Allocation
• The Total Balance Sheet and Cases of Family Wealth Management
• Fixed Income Investing
• Hedge Funds
• Private Equity and Venture Capital
• Real Estate
• Manager Due Diligence
• Valuation Framework to Assess Opportunities
• Latest Trends in Wealth Transfer
• Portfolio Construction
• International Capital Markets
• Trends in Family Wealth Management

Due to our application review period, applications submitted after 12:00 p.m. ET on Friday for programs beginning the following Monday may not be processed in time to grant admission. Applicants will be contacted by a member of our Client Relations Team to discuss options for future programs and dates.