Private wealth management is the investment management specialization focused on high-
net-worth individuals and families. Portfolio design and investment solutions in private …

This study analyzes the responses to a representative survey of wealth advisors on private
wealth management practices, and compares the advisors' views with academic research in …

This quantitative study examines a major concern among investors, stakeholders, and
business organizations, which is the lack of understanding of the relationship between …

Professional athletes may suddenly find themselves well off, but often their spending,
saving, and gifting goals pull them in many directions simultaneously. Systematic …

As opposed to institutional investors, individual investors typically have several investment
objectives in mind. The traditional utility maximization approach is not only oversimplified but …

Most institutional investors do not have a scientific way to assemble a portfolio of fixed-
income investment managers. And because the effective exposures of investment managers …

Investors with incomes from businesses need to make investment decisions in face of
business decisions. Prominent examples include: sovereign wealth funds with state …

The authors analyze private bankers' views on the raison d'être of their profession, their
clients' main financial risks, and the professionals' opinions on introducing asset liability …

The pain index is a risk measure defined as the sum of the drawdowns divided by the length
of the time period under consideration. In this paper, we study its properties as well a …

Purpose–The purpose of this study is two-fold. First, we attempt to fill a gap in the current
PPM literature by proposing a portfolio governance framework that could enhance project …