Family Wealth Management: Advanced Financial Strategies

A massive intergenerational wealth transfer — the largest in history — is underway. Baby boomers and the silent generation are expected to bequeath about $84 trillion in assets by 2045, most of it going directly to their heirs. This transfer brings new complexities. Wealth advisors must now contend with the effects of rapidly changing technology, regulatory pressures, and the increasing perception of the commoditization of investment management. This climate presents an unparalleled opportunity for veteran financial professionals to expand, curate, and sharpen their services in the profitable area of advising family offices and ultra-high-net-worth individuals.

Family Wealth Management: Advanced Financial Strategies offers participants a deep dive into the sophisticated financial concepts paramount to family office management. Participants will discover how to expertly manage a family’s financial assets while incorporating family members’ diverse — and sometimes conflicting — needs and circumstances. Offering practical, mission-critical knowledge about family wealth management, this program empowers you to upgrade your book of business and take full advantage of a unique, fast-growing market.

In the current environment, ultra-high-net-worth families are increasingly seeking expert financial guidance to maintain ownership of their wealth across time. If you are a professional financial advisor or family office executive who manages the portfolio of these high-net-worth families, this program is for you.

Family Wealth Management: Advanced Financial Strategies provides you with a rigorous, in-depth guide to being a successful family office advisor, covering best practices, cutting-edge research, and the latest trends. You will begin by grasping the differences between family office management and conventional investing. Explore the complexities of holistic portfolio construction for multi-generational, multi-branch families, including differential risk preferences and investment horizons, tax considerations, estate planning, and succession management. You’ll also receive a granular review of the alternative asset classes that are deployed by these families, as well as reviewing the applications of modern portfolio theory.

The program’s co-academic directors are top experts in this distinctive area of asset management. Wharton Professor of Management Raffi Amit founded and chairs the Wharton Global Family Alliance (WGFA), a unique academic-family business partnership that brings together influential global families to share thought leadership. Bilge Yilmaz serves as Wharton Private Equity Professor, professor of finance, and academic director of the Harris Family Alternative Investments Program . Along with the other distinguished lecturers in this program, they offer you a breadth and depth of knowledge in wealth management — backed by uncompromising data-driven analysis — unmatched by any faculty worldwide.

The classroom experience is enhanced with interactive sessions, real-life case studies, and guest speakers. Overall, Family Wealth Management: Advanced Financial Strategies fully equips you to seize opportunities and expand your client base during the historic wealth transfer occurring in our time.

Family Wealth Management: Advanced Financial Strategies is designed for global financial professionals involved in wealth management, including advisors, private bankers, brokers, and family office executives who presently manage the portfolio of a family office.

Fluency in English, written and spoken, is required for participation in Wharton Executive Education programs unless otherwise indicated.

This program is held at the Steinberg Conference Center located on the University of Pennsylvania campus in Philadelphia. Meals and accommodations are included in the program fees. Learn more about planning your stay at Wharton’s Philadelphia campus .

To further leverage the value and impact of this program, we encourage companies to send cross-functional teams of executives to Wharton. We offer group-enrollment benefits to companies sending four or more participants.