Portfolio Management for Private Wealth: An Introduction to Portfolio Theory and Practice

Many new entrants into the world of private wealth management are thrown into a daunting situation - promising professional stewardship to clients while having to learn on the job. Portfolio management is more than picking mutual funds from a list, it is an ongoing process of benchmark setting, efficient construction, and constant evaluation.

This book seeks to put portfolio management in context of the client's needs, introducing theory as it applies in a practical setting, and discusses the portfolio construction process as a thoughtful effort of careful risk selection and control.

There are many tools and resources available that make portfolio management a more informed effort. There are many skills that an advisor can use to get feedback and direction from their investment decisions. This book has been written to give advisors the perspective that usually comes from the grim experience of making mistakes.