Wealth management unwrapped, revised and expanded unwrap what you need to know and enjoy the present
"You are the CEO of My Wealth, Inc. -- so Take Charge! Wealth Management Unwrapped provides you with the tools and tips you need to take back control and more effectively manage your money. Wall Street veteran Charlotte Beyer conducts a tour of the wealth management industry, guiding you throu...
| Otros Autores: | |
|---|---|
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Hoboken, New Jersey :
Wiley
2017.
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| Edición: | Revised and expanded |
| Colección: | THEi Wiley ebooks.
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| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009849097906719 |
Tabla de Contenidos:
- Cover
- Title Page
- Copyright
- Contents
- Foreword
- Introduction
- Acknowledgments
- About the Author
- Prologue
- What I've learned-my unfinished business
- Chapter 1: Who's in Charge of My Wealth, Inc.?
- So, who is responsible?
- Is the customer always right?
- Who's brave enough to tell a customer, "You're wrong"?
- Something for nothing
- You're the boss
- Free lunch, anyone?
- Be a partner, not a victim
- Wealth management is a business
- Chapter 2: My Money, Myself
- What is my wealth supposed to do?
- What really bugs me . . .
- How to fix jargon overload
- How to fix too much selling
- How to fix a lack of authenticity
- Where you're most vulnerable: The five Ps exercise
- Chapter 3: Are You a Do-It-Yourselfer?
- How will I know?
- Assess yourself
- Making sense of all the choices
- Whom can you trust?
- There is hope!
- Chapter 4: If You Don't Know Where You're Going, Any Investment Will Get You There
- Inflation, returns, and fees
- Returns: Wouldn't it be nice if . . .
- Minus inflation
- Now subtract fees
- And more fees
- Returns − inflation − fees = less than you'd like
- Do the math-not you, your advisor!
- On the hiking trail again
- Playing chess on four boards at once
- The four risks that can send you off a cliff
- Test drive first
- When do I run out of money?
- Chapter 5: If You Don't Know Who the Sucker Is at the Table, It Might Be You!
- What's in this alphabet soup?
- How to take charge and avoid being a sucker
- We've met the enemy and it's us!
- You can't get past that velvet rope
- So why not just go passive, index it all, and be done?
- Timing is everything, whether you choose active or passive
- Insurance against suckerdom
- Does being an accredited investor make you smarter?
- Hear that pitch!.
- Chapter 6: Resist the Razzle Dazzle: How to Judge the Beauty Contest
- First, level the playing field
- Do you want an apple or an orange?
- When it comes to fees, the fruit basket becomes a huge challenge!
- Confused yet?
- See what's included in that all-inclusive package
- Are you my mother?
- A perfect match?
- Candor is a two-way street
- What about references?
- Did you ever have to finally decide . . . pick up on one advisor and leave the other behind?
- Chapter 7: Transparency, or How I Learned to Love Conflicts of Interest
- You're making money on me?
- Incentives matter on Wall Street, too
- Not just for the criminally minded
- Conflict-free advice = the Tooth Fairy
- Open architecture can be drafty
- Conflicts of interest-yours, mine, and ours
- The cost of your advisor staying in business, and how it impacts you
- Chapter 8: Courtship Is Usually More Fun Than Marriage
- Good news: Your advisor really is here to help
- Everything begins with an Investment Policy Statement (IPS)
- Benchmarks matter
- Next, be even more concrete in your expectations
- Is this good performance or just mediocre?
- Conference room purgatory, or get me out of here!
- Chapter 9: Can This Marriage Be Saved? When to Fire Your Advisor
- Honesty is (mostly) what I need from you
- Be prepared to change advisors, or at least discuss the possibility
- Is it that simple?
- Before you fire your advisor . . .
- How will I know?
- Should you warn your advisor that you're about to fire them?
- Life after divorce
- Chapter 10: Aging-Grave Concerns
- Besetting sins of the elderly
- Before it's too late
- Bedside manner meets kitchen table dialogue
- "Imagine if you can . . ."
- What exactly is a good outcome?
- Siri, what's my destination?
- Break the silence
- RIP denial and delusion
- Chapter 11: Born Rich-A Curse or a Blessing?.
- Looking at the world through a child's eyes
- Easy Street has a hidden sinkhole
- When plenty is not enough
- Rearing or ruining your children?
- Teach your children how to fail
- When do we tell the children how much they'll get?
- Lock up the assets and throw away the key?
- When I grow up I want to be a steward (said no one ever)
- Hey, Mom, why don't we give more of our money away?
- What does success look like for families of wealth?
- Chapter 12: I'm a Robot, and I'm Here to Help
- If you are cool on the idea of an advisor, you may warm up to a robot
- Siri gets serious
- Why waste a human when a robot can do it cheaper?
- Time to turn on autopilot?
- Data of mass destruction
- Can you even spell algorithm14?
- AI earns the whole galaxy from Morningstar!
- Humans are so, well, human!
- To err is human, to forgive divine
- Singularity @ your service
- Chapter 13: Women with Wallets
- The gender lens is fuzzy
- But girls aren't good at math
- Change is never overnight
- Gender, power, and purpose
- Change the convers ation
- Lean in and step up
- Chapter 14: The 10 Principles of Principal
- Appendix A Special Message for Advisors
- Endnotes
- Index
- EULA.
