RT Journal Article
SR Electronic
T1 Practical Applications of Five Tools for Wealth Managers
JF Practical Applications
FD Institutional Investor Journals
SP 1
OP 5
DO 10.3905/pa.2017.4.4.218
VO 4
IS 4
A1 William W. Jennings
A1 Brian C. Payne
A1 Thomas C. O'Malley
A1 Courtney Adams
YR 2017
UL https://pm-research.com/content/4/4/1.9.abstract
AB Five Tools for Wealth Managers William W. Jennings Brian C. Payne Thomas C. O'Malley Overview Not every private wealth manager has the quantitative expertise to fine-tune the calculations on which they base their portfolio management decisions. William Jennings, Brian Payne, and Thomas O'Malley believe that these financial professionals, working primarily with high-net-worth individuals and families, should incorporate the tools of mathematics and statistics into their practice.In Five Tools for Wealth Managers , the authors sifted through the literature for their favorite quantitative tools and provide easy-to-use Excel functions related to 1) forecasting returns, 2) dealing with inflation, 3) portfolio diversification, 4) understand return gaps and 5) estimating the “risk of ruin.”TOPICS: Wealth management, quantitative methods