O'Reilly logo

Goals-Based Wealth Management: An Integrated and Practical Approach to Changing the Structure of Wealth Advisory Practices by Jean L. P. Brunel

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 4: A Brief Journey through Institutional Theory

Chapter 4
A Brief Journey through Institutional Theory

You might reasonably ask why we need to worry about institutional investment management theory in a book focused on the affluent. Yet the logic is deceptively simple. The large bulk of academic literature and of what is learned by many students today relates to the classical tax-exempt money management world. The Chartered Financial Analyst (CFA) Institute has made major strides incorporating private wealth management issues in the CFA curriculum, but you will still today find people—advisors, that is—who will argue that other certifications, although admittedly less arduous to earn, are at least as relevant. Often the logic is based on the fact that other certifications provide a deeper understanding of non-asset management dimensions. I ....Trusts and Estates

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required