The New Wealth Management: The Financial Advisor's Guide to Managing and Investing Client Assets (Hardcover, Revised)

Acknowledgments ix

Foreword xi

Preface xiii

CHAPTER 1 The Wealth Management Process 1

CHAPTER 2 Fiduciary and Professional Standards 13

CHAPTER 3 Client Goals and Constraints 33

CHAPTER 4 Risk Is a Four-Letter Word 55

CHAPTER 5 Data Gathering and Analysis 75

CHAPTER 6 Client Education 103

CHAPTER 7 Mathematics of Investing 121

CHAPTER 8 Investment Theory 149

CHAPTER 9 Asset Allocation 179

CHAPTER 10 Portfolio Optimization 193

CHAPTER 11 Taxes 233

CHAPTER 12 Retirement Planning 267

CHAPTER 13 Investment Policy Statement 313

CHAPTER 14 Portfolio Management 341

CHAPTER 15 Performance Appraisal and Evaluation 373

CHAPTER 16 Selecting Investment Managers 393

CHAPTER 17 Philosophy, Process, and People 421

About the Authors 439

About the CFA Institute Investment Series 441

About the CFA Program 445

Index 447