Are You Prepared for Another Decade of Zero Growth? It's Not Just About Investing
Overview
In the minds of many, multigenerational wealth the last 30 years has been associated with abundance, privilege, social status and philanthropy over. But we've now experienced a decade of weak financial returns, and we may be in for more of the same. Are you prepared?
- Have you established the right culture and family priorities to help your family flourish in leaner times?
- How are you managing your spending? Will you deplete your assets if investment returns are poor?
- Active managers underperform, hedge funds aren't hedging and private equity results have been rotten. Is the answer to index everything?
- How do you choose financial advisors who will serve your interests?
- What will happen to income, capital gains and estate taxes next year? Have you planned your finances in anticipation of more money going to the government?
Managing your wealth effectively is a challenge. But in good times, generally rising markets hide underlying issues. When times are tough for an extended period, the challenge is even greater and weaknesses in your planning are exposed.
The University of Chicago offers an integrated, strategic and comprehensive four-day program designed exclusively for wealth owners about how to manage the family and financial assets in today's environment. This webinar provides a preview into some of the topics that will be addressed in depth by world class academics and practitioners in the Private Wealth Management program. Two of the leading instructors -- Stuart Lucas, author of the acclaimed book "Wealth: Grow It, Protect It, Spend It, and Share It" and Sara Hamilton, Founder of Family Office Exchange -- will lead a webinar that previews some of the topics explored in the program.