Isbn: 9781119566946 - modern asset allocation for wealth management (wiley finance) (10 Ergebnisse)

Hardback. Zustand: Good. An authoritative resource for the wealth management industry that bridges the gap between modern perspectives on asset allocation and practical implementation An advanced yet practical dive into the world of asset allocation, Modern Asset Allocation for Wealth Management provides the knowledge financial advisors and their robo-advisor counterparts need to reclaim ownership of the asset allocation component of their fiduciary responsibility. Wealth management practitioners are commonly taught the traditional mean-variance approach in CFA and similar curricula, a method with increasingly limited applicability given the evolution of investment products and our understanding of real-world client preferences. Additionally, financial advisors and researchers typically receive little to no training on how to implement a robust asset allocation framework, a conceptually simple yet practically very challenging task. This timely book offers professional wealth managers and researchers an up-to-date and implementable toolset for managing client portfolios.  The information presented in this book far exceeds the basic models and heuristics most commonly used today, presenting advances in asset allocation that have been isolated to academic and institutional portfolio management settings until now, while simultaneously providing a clear framework that advisors can immediately deploy. This rigorous manuscript covers all aspects of creating client portfolios: setting client risk preferences, deciding which assets to include in the portfolio mix, forecasting future asset performance, and running an optimization to set a final allocation. An important resource for all wealth management fiduciaries, this book enables readers to: Implement a rigorous yet streamlined asset allocation framework that they can stand behind with convictionDeploy both neo-classical and behavioral elements of client preferences to more accurately establish a client risk profileIncorporate client financial goals into the asset allocation process systematically and precisely with a simple balance sheet modelCreate a systematic framework for justifying which assets should be included in client portfoliosBuild capital market assumptions from historical data via a statistically sound and intuitive processRun optimization methods that respect complex client preferences and real-world asset characteristics Modern Asset Allocation for Wealth Management is ideal for practicing financial advisors and researchers in both traditional and robo-advisor settings, as well as advanced undergraduate and graduate courses on asset allocation.…

HRD. Zustand: New. New Book. Shipped from UK. Established seller since 2000.

Zustand: New.

Zustand: New. In English.

Hardcover. Zustand: Brand New. 120 pages. 9.50x6.50x0.50 inches. In Stock.

Zustand: New. 2020. 1st Edition. Hardcover. . . . . . Books ship from the US and Ireland.

Buch. Zustand: Neu. Neuware - An authoritative resource for the wealth management industry that bridges the gap between modern perspectives on asset allocation and practical implementationAn advanced yet practical dive into the world of asset allocation, Modern Asset Allocation for Wealth Management provides the knowledge financial advisors and their robo-advisor counterparts need to reclaim ownership of the asset allocation component of their fiduciary responsibility. Wealth management practitioners are commonly taught the traditional mean-variance approach in CFA and similar curricula, a method with increasingly limited applicability given the evolution of investment products and our understanding of real-world client preferences. Additionally, financial advisors and researchers typically receive little to no training on how to implement a robust asset allocation framework, a conceptually simple yet practically very challenging task. This timely book offers professional wealth managers and researchers an up-to-date and implementable toolset for managing client portfolios.The information presented in this book far exceeds the basic models and heuristics most commonly used today, presenting advances in asset allocation that have been isolated to academic and institutional portfolio management settings until now, while simultaneously providing a clear framework that advisors can immediately deploy. This rigorous manuscript covers all aspects of creating client portfolios: setting client risk preferences, deciding which assets to include in the portfolio mix, forecasting future asset performance, and running an optimization to set a final allocation. An important resource for all wealth management fiduciaries, this book enables readers to:\* Implement a rigorous yet streamlined asset allocation framework that they can stand behind with conviction\* Deploy both neo-classical and behavioral elements of client preferences to more accurately establish a client risk profile\* Incorporate client financial goals into the asset allocation process systematically and precisely with a simple balance sheet model\* Create a systematic framework for justifying which assets should be included in client portfolios\* Build capital market assumptions from historical data via a statistically sound and intuitive process\* Run optimization methods that respect complex client preferences and real-world asset characteristicsModern Asset Allocation for Wealth Management is ideal for practicing financial advisors and researchers in both traditional and robo-advisor settings, as well as advanced undergraduate and graduate courses on asset allocation.…

Zustand: NEW.

Zustand: New. An authoritative resource for the wealth management industry that bridges the gap between modern perspectives on asset allocation and practical implementationAn advanced yet practical dive into the world of asset allocation, Modern Asset Allocation for Weal.

Buch. Zustand: Neu. Modern Asset Allocation for Wealth Management | David M. Berns | Buch | Wiley Finance | Preface viiAcknowledgments xiiiChapter 1 Preliminaries 1Expected Utility 2Introduction 2MPT is an Approximation 5Higher Moment Motivation 8Modernized Preference Motivation 13A Modern Utility Function 15Returns-Based EU Maximization 21Estimation Error 23I | Englisch | 2020 | John Wiley & Sons Inc | EAN 9781119566946 | Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, 36244 Bad Hersfeld, gpsr[at]libri[dot]de | Anbieter: preigu.…