Exclusively for High Net Worth Individuals and Families

As a wealthy individual, you are working to protect and grow your wealth, enjoy financial security, and build a lasting legacy. Effective investment management is critical, of course, but successful wealth management is an integrated and strategic discipline which also includes tax, estate planning, philanthropy, governance, and family culture. In this program, you will gain frameworks, tools, and skills so that you can clarify your family and financial goals, design a strategy to preserve and manage your wealth, and oversee financial advisors with greater confidence, accountability, and results.

Private Wealth Management is designed for U.S. and international individuals and families who have built wealth in this generation, have inherited family wealth, or are contemplating or have recently experienced a liquidity event. Family office executives may attend with principal family members, but the course is closed to all other financial services professionals.

Program Dates and Fees

November 2-5, 2010

$7,650.00

This course is for wealth owners only. Family office executives may attend with principal family members but no other financial services professionals may attend.

The course will be of greatest interest to those:

• striving to maintain prosperity and a flourishing family through retirement and, for many, across generations.
• contemplating—or recently experiencing—a significant liquidity event, whether through the sale of a company, inheritance, or other major wealth transition.
• committed to engaging their families in more productive dialogue about the challenges and opportunities of wealth.
• seeking added confidence to evaluate and select financial advisors and/or to set strategic direction for a family office.
  
  We have found that multiple members of the same family - husband and wife, parent and offspring, cousin and cousin - derive considerable benefit from taking the course together. The program gives them a foundation for continued productive dialogue well into the future.

You will learn practical, tested, and actionable frameworks.

Define your financial and family objectives, and use them to design a wealth management strategy that is consistent with your values and personal circumstances, and delivers on your priorities.

Select an investment strategy that is realistic, prudent, tax efficient, and actionable given the time and resources you have to commit.

Learn the differences among the investment, brokerage, and wealth management industries, and their complex relationships and incentive systems. How can you align their interests with yours?

Decide how to evaluate, select, and oversee the firms and individual advisors who are right for you and your family. Do you make decisions based on trust, service, or performance?

Build performance evaluation, good reporting, and accountability into your relationships with your advisors.

Identify issues and options in multigenerational estate planning. How can legal structures and tax management save you millions, protect your privacy, and serve current and future generations?

Develop and communicate a governance system that helps your family to steward assets wisely and that encourages its members to flourish. After all, human capital is your family’s most important asset.

Integrate philanthropy and public service into your wealth management strategy.

Because group discussion is so important, all participants must sign a confidentiality agreement before joining the course. Financial advisors may not participate in the course.

Steven N. Kaplan is the Neubauer Family Professor of Entrepreneurship and Finance at the University of Chicago Booth School of Business. He is the Faculty Director of Chicago Booth’s Polsky Entrepreneurship Center.
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John C. Heaton studies asset pricing, portfolio allocation, and time-series economics. He first became drawn to this area because he was "intrigued by the idea of understanding economic phenomena both to guide policy and to help people make better decisions." His research in these areas has earned him numerous fellowships, including an Alfred P. Sloan Research Fellowship from 1993 to 1995, a National Science Foundation Fellowship from 1993 to 1998, and a Provost Fund Fellowship from Massachusetts Institute of Technology (MIT) from 1989 to 1992.
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Stuart Lucas is the chairman of Wealth Strategist Partners LLC, a provider of wealth management education and consulting services to individuals and families.This program expands and operationalizes the approach described in Stuarts’s book, Wealth: Grow It, Protect It, Spend It, and Share It.
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Howard M. Helsinger is a partner in the Chicago law firm of Sugar, & Felsenthal, and a lecturer at the University of Chicago Law School, where he has taught Trusts and Estates for the past ten years. He is a member of the American College of Trust and Estate Counsel, a past chair of the Chicago Bar Association Probate Practice Committee, and a frequent lecturer for the Illinois Institute of Continuing Legal Education and other state and national bar associations. He concentrates his practice in estate planning, estate administration, probate, charitable planning, and trust and estate related litigation.
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Sara Hamilton is the founder and CEO of Family Office Exchange. Recognized for her expertise on wealth owners and their family offices, Sara and Family Office Exchange serve as strategic advisors to sophisticated investors with assets lasting beyond one generation.
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Betsy Brill is the Founder and President of Strategic Philanthropy, Ltd., a Chicago based firm working worldwide with individuals and their advisors, families, corporations and established foundations to help design, manage and support giving strategies that relate to social and economic change and build responsive, meaningful and sustainable philanthropic strategies.
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Classes are held at the Gleacher Center of the University of Chicago Booth School of Business, 450 North Cityfront Plaza Drive, situated along the Chicago River (one block east of Michigan Avenue), in the heart of the downtown district known as "The Magnificent Mile." The Center is within walking distance from some of Chicago's most exciting retail and entertainment areas.

Hotel Accommodations and Reservations

A limited block of rooms have been reserved for a discounted rate at the
InterContinental Chicago
505 N. Michigan Avenue
Chicago, IL 60611
Phone: 801.401.5226 or 800.235.4670 (toll-free)
Fax: 312.321.8725