Wealth Management Unwrapped, Revised and Expanded: Unwrap What You Need to Know and Enjoy the Present - Hardcover

Beyer, Charlotte B

Hardcover

ISBN 10: 1119403693 ISBN 13: 9781119403692

Publisher: Wiley, 2017

Synopsis

You are the CEO of My Wealth, Inc. -- so Take Charge! 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. 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.
By stripping away industry tech-speak and the all-too-common self-promotion, you will:

• Understand the difference between advisor and money manager
• Learn the best questions to ask when interviewing an advisor
• Dissect fee disclosure statements and conflicts of interest
• Find out if you might be a do-it-yourself investor and learn why that might make sense for your personality

The 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. Wealth Management Unwrapped 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.

About this title

From the Author:

My intention in writing the revised and expanded Wealth Management Unwrapped was to empower, enlighten and inform you - whether you are a sophisticated or a novice investor. Four new chapters are provocative, and address gender, aging, robo-advisors and children.
Wealth Management Unwrapped is unbiased, I am not trying to sell you anything. Instead my book gives you a GPS so you can discover your own unique investor personality and needs. You will make better, smarter decisions, no longer be susceptible to a sales pitch or prone to emotional reactions during market ups and downs.
Once you finish this book, you will know whom to trust - and enjoy the rewards of a real partnership with your advisor.  You will learn how to ask the right questions - and learn how to describe your needs, your goals and your tolerance for risk.
I wanted to give you, the reader, truly useful information you can use in today's complicated world of financial products and services.

From the Back Cover:

"Short. Candid. Fun and easy reading. Full of good advice and useful insights."
--Charles D. Ellis, author of Winning the Loser's Game
"A masterpiece that every investor should read and own."
--Lloyd Hascoe, Hascoe Associates
"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."
--Richard Marston, James R.F. Guy Professor of Finance, Wharton School, University of Pennsylvania
"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."
--Sallie Krawcheck, Founder and CEO, Ellevest
"Einstein said, 'Everything should be made as simple as possible, but no simpler.' In Wealth Management Unwrapped, calling on her unrivaled experience, Charlotte Beyer has done just that with regard to the financial advice everyone needs."
--Howard Marks, Co-Chairman, Oaktree Capital Management
"Investors will benefit immensely if they exercise the disciplined steps of the 10 principles Beyer outlines."
--Jay Hughes, author Family Wealth: Keeping It in the Family, and Family - The Compact Among Generations
"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."
--Harold Evensky, Chairman, Evensky & Katz
"Charlotte's incredible experience in wealth management - from both sides of the table - makes this book indispensable for wealthy families and 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."
--Scott Welch, Chief Investment Officer, Dynasty Financial Partners
"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."
--Ginny Corsi, Consultant, Corsi Associates
"This book distills a lifetime of experience and wisdom in a slim volume written in an easily accessible style. Wealth Management Unwrapped insightfully explores investor and industry (mis-) behavior and the challenges of crafting and sustaining a robust wealth management strategy."
--Ashvin B. Chhabra, President, Euclidean Capital LLC

About this edition

• Publisher: Wiley
• Publication date: 2017
• ISBN 10: 1119403693
• ISBN 13: 9781119403692
• Binding: Hardcover
• Number of pages: 208