{"product_id":"wealth-management-unwrapped-revised-and-expanded-isbn-9781119403692","title":"Wealth Management Unwrapped, Revised and Expanded","description":"\u003cb\u003eYou are the CEO of My Wealth, Inc. — so Take Charge!\u003c\/b\u003e \u003cp\u003e\u003ci\u003eWealth Management Unwrapped\u003c\/i\u003e 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 through the complexities and jargon with straightforward, no-nonsense expertise. From choosing an advisor and understanding the fine print, to fulfilling your responsibilities as CEO of My Wealth, Inc. this book offers all-in-one guidance for anyone ready to take charge of their finances. This revised and expanded version has been updated with NEW information, for women investors who seek the best advisor, older investors who confront investment choices, and a discussion on both robo-advisors and the impact of your wealth on your children. The companion website includes new interactive diagnostics to help you get started, assess your progress and then see how you compare to others who face similar challenges.\u003c\/p\u003e \u003cp\u003eBy stripping away industry tech-speak and the all-too-common self-promotion, you will:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eUnderstand the difference between advisor and money manager\u003c\/li\u003e \u003cli\u003eLearn the best questions to ask when interviewing an advisor\u003c\/li\u003e \u003cli\u003eDissect fee disclosure statements and conflicts of interest\u003c\/li\u003e \u003cli\u003eFind out if you might be a do-it-yourself investor and learn why that might make sense for your personality\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThe wealth management industry has undergone massive change over the past 25 years. New services or products spring up, yet impenetrable language and marketing hype leave you with precious little practical information. In two or three hours of reading made easier thanks to the bold, often amusing illustrations, you will be a far smarter investor, not by learning the jargon but by applying common sense and insisting on clearer communications from your advisor. You and your advisor can create an even stronger and long lasting partnership by reading this book together. \u003ci\u003eWealth Management Unwrapped\u003c\/i\u003e is like a powerful GPS, whether you're a novice or sophisticated investor, offering you a much clearer view of how to fully realize the dreams and goals your wealth now affords you.\u003c\/p\u003e \u003cp\u003eForeword xiii\u003c\/p\u003e \u003cp\u003eIntroduction xv\u003c\/p\u003e \u003cp\u003eAcknowledgments xvii\u003c\/p\u003e \u003cp\u003eAbout the Author xix\u003c\/p\u003e \u003cp\u003ePrologue xxi\u003c\/p\u003e \u003cp\u003eChapter 1: Who’s in Charge of My Wealth, Inc.? 1\u003c\/p\u003e \u003cp\u003eChapter 2: My Money, Myself 9\u003c\/p\u003e \u003cp\u003eChapter 3: Are You a Do-It-Yourselfer? 17\u003c\/p\u003e \u003cp\u003eChapter 4: If You Don’t Know Where You’re Going, Any Investment Will Get You There 27\u003c\/p\u003e \u003cp\u003eChapter 5: If You Don’t Know Who the Sucker Is at the Table, It Might Be You! 37\u003c\/p\u003e \u003cp\u003eChapter 6: Resist the Razzle Dazzle: How to Judge the Beauty Contest 45\u003c\/p\u003e \u003cp\u003eChapter 7: Transparency, or How I Learned to Love Conflicts of Interest 53\u003c\/p\u003e \u003cp\u003eChapter 8: Courtship Is Usually More Fun Than Marriage 63\u003c\/p\u003e \u003cp\u003eChapter 9: Can This Marriage Be Saved? When to Fire Your Advisor 73\u003c\/p\u003e \u003cp\u003eChapter 10: Aging—Grave Concerns 83\u003c\/p\u003e \u003cp\u003eChapter 11: Born Rich—A Curse or a Blessing? 93\u003c\/p\u003e \u003cp\u003eChapter 12: I’m a Robot, and I’m Here to Help 105\u003c\/p\u003e \u003cp\u003eChapter 13: Women with Wallets 117\u003c\/p\u003e \u003cp\u003eChapter 14: The 10 Principles of Principal 131\u003c\/p\u003e \u003cp\u003eAppendix 135\u003c\/p\u003e \u003cp\u003eEndnotes 149\u003c\/p\u003e \u003cp\u003eIndex 169\u003c\/p\u003e   \u003cp\u003e\u003cb\u003eCHARLOTTE B. BEYER\u003c\/b\u003e is founder of the Institute for Private Investors (IPI) and co-creator of the first Private Wealth Management curriculum for investors at The Wharton School of the University of Pennsylvania. An Aresty Fellow at Wharton, Beyer is also the recipient of the Lifetime Achievement Award from Family Wealth Report and the J. Richard Joyner Wealth Management Impact award from the Investment Management Consultants Association\u003csup\u003e®\u003c\/sup\u003e (IMCA\u003csup\u003e®\u003c\/sup\u003e).     \u003c\/p\u003e\u003cp\u003e\u003cb\u003eBefore you hire or fire anyone who's overseeing your money, read this book!\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003eYou will hear from an insider with a sense of humor who knows both the landscape and landmines of managing wealth. You will discover answers to questions like these:  \u003c\/p\u003e\u003cul\u003e \u003cli\u003eWhat kind of an investor am I?\u003c\/li\u003e \u003cli\u003eHow do I know if I might prefer being a do-it-yourself investor?\u003c\/li\u003e \u003cli\u003eWhat is the difference between an advisor and a money manager?\u003c\/li\u003e \u003cli\u003eWhere can I find a trusted financial advisor?\u003c\/li\u003e \u003cli\u003eAre fees too high?\u003c\/li\u003e \u003cli\u003eWhy should I even care about conflicts of interest?\u003c\/li\u003e \u003cli\u003eWhat are the best questions to ask when interviewing potential advisors?\u003c\/li\u003e \u003cli\u003eHow do I know if I can trust the firm's disclosure on fees?\u003c\/li\u003e \u003cli\u003eHow will I know my advisor is doing a good (or bad) job?\u003c\/li\u003e \u003cli\u003eWhat does success look like for families of wealth?\u003c\/li\u003e \u003cli\u003eWhy waste a human when a robot can do it cheaper?\u003c\/li\u003e \u003cli\u003eCan 'women with wallets' find advisors who won't stereotype them?\u003c\/li\u003e \u003c\/ul\u003e  \u003cp\u003eYou know more than you think you do, but need to be aware of your blind spots. \u003c\/p\u003e\u003cp\u003eReading this book will give you confidence and knowledge – enough to really grasp who you are as an investor. \u003ci\u003eThen\u003c\/i\u003e you decide whether to seek a trusted advisor – or prefer to be a do-it-yourselfer. You will be successful because you will own a unique GPS, one robust enough to see through the tempting advertisements, financial media hype and slick brochures.  \u003c\/p\u003e\u003cp\u003eCharlotte is an entrepreneur and a Wall Street veteran, who knows the secret language of the financial services industry – from an insider's perspective. This valuable resource puts more than two decades of illuminating stories and unflinching advice at your fingertips for everyday reference. By understanding how the business of wealth management works, you can ask the important questions and identify those advisors you can trust, not just the ones who tell you what you want to hear. Take this convenient guide with you and become the CEO of your wealth today.     \u003c\/p\u003e\u003cp\u003e\"Short. Candid. Fun and easy reading. Full of good advice and useful insights.\"\u003cbr\u003e —\u003cb\u003eCharles D. Ellis, author of The Elements of Investing\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\u003cb\u003ePRAISE FOR WEALTH MANAGEMENT UNWRAPPED\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\"A masterpiece that every investor should read and own.\"\u003cbr\u003e \u003cb\u003e—Lloyd Hascoe,\u003c\/b\u003e Hascoe Associates  \u003c\/p\u003e\u003cp\u003e\"At last a book that unwraps the mysteries of investing. A must-read for both sophisticated investors and those who want to better navigate the investment process.\"\u003cbr\u003e \u003cb\u003e—Richard Marston,\u003c\/b\u003e James R.F. Guy Professor of Finance, Wharton School, University of Pennsylvania  \u003c\/p\u003e\u003cp\u003e\"Charlotte Beyer has dedicated her professional career to improving the wealth management business and this book is one of her greatest contributions to the industry. It's a smart, fun and creative snapshot of what investors should look for in their financial advisors and an important call for an improved client relationship.\"\u003cbr\u003e \u003cb\u003e—Sallie Krawcheck,\u003c\/b\u003e Founder and CEO, Ellevest  \u003c\/p\u003e\u003cp\u003e\"Einstein said, 'Everything should be made as simple as possible, but no simpler.' In \u003ci\u003eWealth Management Unwrapped\u003c\/i\u003e, calling on her unrivaled experience, Charlotte Beyer has done just that with regard to the  financial advice everyone needs.\"\u003cbr\u003e \u003cb\u003e—Howard Marks,\u003c\/b\u003e Co-Chairman, Oaktree Capital Management  \u003c\/p\u003e\u003cp\u003e\"Investors will benefit immensely if they exercise the disciplined steps of the 10 principles Beyer outlines.\"\u003cbr\u003e \u003cb\u003e—Jay Hughes,\u003c\/b\u003e author \u003ci\u003eFamily Wealth: Keeping It in the Family\u003c\/i\u003e, and \u003ci\u003eFamily – The Compact   Among Generations\u003c\/i\u003e  \u003c\/p\u003e\u003cp\u003e\"This is not only a book I will own, it is one I will share widely with my clients. Investors and other advisors will be well rewarded by joining me.\"\u003cbr\u003e \u003cb\u003e—Harold Evensky,\u003c\/b\u003e Chairman, Evensky \u0026amp; Katz  \u003c\/p\u003e\u003cp\u003e\"Charlotte's incredible experience in wealth management – from both sides of the table – makes this book indispensable for wealthy families \u003ci\u003eand\u003c\/i\u003e the advisors who wish to serve them. The new chapters  on digital advice and 'women with wallets' brings this already excellent book right up to date on the  disruptions affecting the wealth management industry.\"\u003cbr\u003e \u003cb\u003e—Scott Welch,\u003c\/b\u003e Chief Investment Officer, Dynasty Financial Partners  \u003c\/p\u003e\u003cp\u003e\"Charlotte Beyer is a gifted 'translator.' She used her instincts, sensing the unique personal and  emotional needs of that [HNW] world. Her book beautifully translates her thoughts, insights and instincts, helping families and investment managers with an understandable, and pragmatic, path  to helping both.\"\u003cbr\u003e \u003cb\u003e—Ginny Corsi,\u003c\/b\u003e Consultant, Corsi Associates  \u003c\/p\u003e\u003cp\u003e\"This book distills a lifetime of experience and wisdom in a slim volume written in an easily accessible style. \u003ci\u003eWealth Management Unwrapped\u003c\/i\u003e insightfully explores investor and industry (mis-) behavior and  the challenges of crafting and sustaining a robust wealth management strategy.\"\u003cbr\u003e \u003cb\u003e—Ashvin B. Chhabra,\u003c\/b\u003e President, Euclidean Capital LLC\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990470738149,"sku":"NP9781119403692","price":40.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119403692.jpg?v=1761787957","url":"https:\/\/k12savings.com\/products\/wealth-management-unwrapped-revised-and-expanded-isbn-9781119403692","provider":"K12savings","version":"1.0","type":"link"}