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

A practical guide to adapting financial advice and investing to a post crisis world There's no
room for" business as usual" in today's investment management environment. Following the …

The authors considered an individual investor who holds a financial portfolio with funds in at
least two of the following accounts: a taxable account, a tax-deferred account, and a tax …

Asset allocation is profoundly influenced by at least two underappreciated concepts. First,
tax-deferred accounts—for example, 401 (k) s—are like partnerships in which the investor …

The authors examine the tax-aware investment practices of investment managers managing
taxable accounts. Their sample of mostly well-experienced CFA charter holders exhibits a …

This article investigates digital objects in video games as an alternative investment from
2015 to 2020. The authors use the Steam Community Market of the Counter-Strike Global …

I characterize the wealth management literature that The Journal of Wealth Management
helped define over the last quarter century and then assess its impact. Eight key areas of …

Taxes introduce certain complexities, requiring proper adjustments to return and risk
parameters. The author offers a refined set of after-tax return and risk equations for use in …

We investigate the risk-sharing implications of taxation associated with the option to convert
a traditional IRA to Roth IRA. Although the conversion option may create value for savers by …

We establish a simple analytical technique for generating lognormal paths in reverse, ie, we
show how to propagate a terminal price distribution backwards in time one step at a time to …