{"product_id":"private-wealth-wealth-management-in-practice-hardback-9780470381137","title":"Private Wealth; Wealth Management In Practice (Hardback) 9780470381137","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003ePrivate Wealth\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eWealth Management In Practice\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eStephen M. Horan (Edited by), SM Horan (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780470381137, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 29 January 2009\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e576 pages, Drawings: 59 B\u0026amp;W, 0 Color; Tables: 112 B\u0026amp;W, 0 Color\u003cbr\u003e25.9 x 18.8 x 3.3 cm, 1.148 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cb\u003eAn in-depth examination of today's most important wealth management issues\u003c\/b\u003e  \u003cp\u003eManaging the assets of high-net-worth individuals has become a core business specialty for investment and financial advisors worldwide. Keeping abreast of the latest research in this field is paramount. That's why Private Wealth, the inaugural offering in the CFA Institute Investment Perspectives series has been created. As a sister series to the globally successful CFA Institute Investment Series, CFA Institute and John Wiley are proud to offer this new collection. Private Wealth presents the latest information on lifecycle modeling, asset allocation, investment management for taxable private investors, and much more. Researched and written by leading academics and practitioners, including Roger Ibbotson of Yale University and Zvi Bodie of Boston University, this volume covers human capital and mortality risk in life cycle stages and proposes a life-cycle model for life transitions. It also addresses complex tax matters and provides details on customizing investment theory applications to the taxable investor. Finally, this reliable resource analyzes the use of tax-deferred investment accounts as a means for wealth accumulation and presents a useful framework for various tax environments.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eForeword ix\u003c\/p\u003e \u003cp\u003eIntroduction 1\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I: Life-Cycle Investing Chapter 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 The Future of Retirement Planning 7\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eRobert C. Merton\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from \u003c\/i\u003eThe Future of Life-Cycle Saving and Investing, \u003ci\u003eThe Research Foundation of CFA Institute (October 2007):5–18.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Is Personal Finance a Science? 19\u003cbr\u003e\u003c\/b\u003e\u003ci\u003ePaul A. Samuelson\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from \u003c\/i\u003eThe Future of Life-Cycle Saving and Investing, \u003ci\u003eThe Research Foundation of CFA Institute (October 2007):1–4.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Lifetime Financial Advice: Human Capital, Asset Allocation, and Insurance 23\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eRoger G. Ibbotson; Moshe A. Milevsky; Peng Chen, CFA; and Kevin X. Zhu\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from The Research Foundation of CFA Institute (April 2007).\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 The Theory of Optimal Life-Cycle Saving and Investing 99\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eZvi Bodie, Jonathan Treussard, and Paul Willen\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from \u003c\/i\u003eThe Future of Life-Cycle Saving and Investing, \u003ci\u003eThe Research Foundation of CFA Institute (October 2007):19–37.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Is Conventional Financial Planning Good for Your Financial Health? 117\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eLaurence J. Kotlikoff\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from \u003c\/i\u003eThe Future of Life-Cycle Saving and Investing, \u003ci\u003eThe Research Foundation of CFA Institute (October 2007):55–71.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 The Life Care Annuity 133\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eMark J. Warshawsky\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from \u003c\/i\u003eThe Future of Life-Cycle Saving and Investing, \u003ci\u003eThe Research Foundation of CFA Institute (October 2007):103–106.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 The Longevity Annuity: An Annuity for Everyone? 137\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eJason S. Scott\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from the \u003c\/i\u003eFinancial Analysts Journal \u003ci\u003e(January\/February 2008):40–48.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 A Sustainable Spending Rate without Simulation 151\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eMoshe A. Milevsky and Chris Robinson\u003cbr\u003e\u003cbr\u003e\u003c\/i\u003e\u003ci\u003eReprinted from the \u003c\/i\u003eFinancial Analysts Journal \u003ci\u003e(November\/December 2005): 89–100.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Asset Allocation without Unobservable Parameters 169\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eMichael Stutzer\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from the \u003c\/i\u003eFinancial Analysts Journal \u003ci\u003e(September\/October 2004):38–51.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II: Investment Management for Taxable Private Clients\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Investment Management for Taxable Private Investors 191\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eJarrod Wilcox, CFA; Jeffrey E. Horvitz; and Dan diBartolomeo\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from The Research Foundation of CFA Institute (January 2006).\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Core\/Satellite Strategies for the High-Net-Worth Investor 299\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eClifford H. Quisenberry, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from \u003c\/i\u003eCFA Institute Conference Proceedings Quarterly \u003ci\u003e(December 2006):38–45.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 \u003c\/b\u003e\u003cb\u003eThe Higher Equity Risk Premium Created by Taxation 311\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eMartin L. Leibowitz\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eModified from the \u003c\/i\u003eFinancial Analysts Journal \u003ci\u003e(September\/October 2003):28–31.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13 Tax Deferral and Tax-Loss Harvesting 317\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eJeffrey E. Horvitz\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from \u003c\/i\u003eCFA Institute Conference Proceedings: Wealth Management \u003ci\u003e(October 2005):24–30.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14 Tax Management, Loss Harvesting, and HIFO Accounting 327\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eAndrew L. Berkin and Jia Ye\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from the \u003c\/i\u003eFinancial Analysts Journal \u003ci\u003e(July\/August 2003):91–102.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15 Investing with a Tax-Effi cient Eye 345\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eRobert N. Gordon\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from \u003c\/i\u003eCFA Institute Conference Proceedings: Wealth Management \u003ci\u003e(October 2005):31–40.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16 Diversifying Concentrated Holdings 361\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eScott D. Welch\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from \u003c\/i\u003eAIMR Conference Proceedings: Investment Counseling for Private Clients III \u003ci\u003e(August 2001):30–35.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17 Hedging Low-Cost-Basis Stock 373\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eRobert N. Gordon\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from \u003c\/i\u003eAIMR Conference Proceedings: Investment Counseling for Private Clients III \u003ci\u003e(August 2001):36–43.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III: Tax-Efficient Wealth Accumulation\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 18 Tax-Advantaged Savings Accounts and Tax-Efficient Wealth Accumulation 387\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eStephen M. Horan, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from The Research Foundation of CFA Institute (June 2005).\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 19 After-Tax Asset Allocation 475\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eWilliam Reichenstein, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from the \u003c\/i\u003eFinancial Analysts Journal \u003ci\u003e(July\/August 2006):14–19.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 20 Withdrawal Location with Progressive Tax Rates 485\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eStephen M. Horan, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from the \u003c\/i\u003eFinancial Analysts Journal \u003ci\u003e(November\/December 2006):77–87.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart IV: After-Tax Performance Measurement\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 21 After-Tax Performance Evaluation 507\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eJames M. Poterba\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from \u003c\/i\u003eAIMR Conference Proceedings: Investment Counseling for Private Clients II \u003ci\u003e(August 2000):58–67.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 22 Taxable Benchmarks: The Complexity Increases 521\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eLee N. Price, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from \u003c\/i\u003eAIMR Conference Proceedings: Investment Counseling for Private Clients III \u003ci\u003e(August 2001):54–64.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 23 Explaining After-Tax Mutual Fund Performance 535\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eJames D. Peterson; Paul A. Pietranico, CFA; Mark W. Riepe, CFA; and Fran Xu, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReprinted from the \u003c\/i\u003eFinancial Analysts Journal \u003ci\u003e(January\/February 2002):75–86.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eAbout the Contributors 553\u003c\/p\u003e \u003cp\u003eIndex 555\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52173820035352,"sku":"9780470381137","price":49.45,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780470381137.jpg?v=1781173338","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/private-wealth-wealth-management-in-practice-hardback-9780470381137","provider":"Freshly Printed Books","version":"1.0","type":"link"}