jwm.iijournals.comThe Journal of Wealth Management | Portfolio Management Research

Main navigation Topics All Topics Portfolio Management in Theory and Practice Risk Management in Theory and Practice Quantitative Finance Regulation, Taxation, Governance, and Compliance Economics and Financial History Asset Classes Journals All Journals The Journal of Portfolio Management The Journal of Investing The Journal of Alternative Investments The Journal of Financial Data Science The Journal of Impact and ESG Investing The Journal of Fixed Income The Journal of Wealth Management The Journal of Retirement The Journal of Derivatives The Journal of Beta Investment Strategies The Journal of Structured Finance (Retired) The Journal of Private Equity (Retired) The Journal of Trading (Retired) Practical Applications Collections Top Picks More Videos Awards Experts Publish Promotional Opportunities Become A Member FAQsMy Account Request a Demo Menu The Journal of Wealth Management Edited by Jean Brunel and Paul Bouchey 4 regular issues, First published in 1998, ISSN: 1534-7524, E-ISSN: 2374-1368 Upcoming articles Latest issue Add to Favorites Please log-in to or register for your personal account in order to save a bookmark. Log-in/register Share Close Share this journal Close Alerts You must be logged in as an individual apply an alert. Log-in/register Latest issue Volume 27, Issue 1 Summer 2024 Download issue PDF To download content, you need toThe JWM offers a unique and in-depth view into the world of wealth management. Mission The mission of The Journal of Wealth Management (JWM) is to provide thought-provoking analysis and practical wealth management techniques to help advisors and the individuals and families they serve be responsible stewards of wealth for the benefit of the world and future generations. Carrying out this mission involves two discrete areas of focus. The first relates to the multidisciplinary nature of the endeavor. Managing individual wealth requires one to deal with a wide range of professional disciplines covering the many facets of the task: behavioral finance, traditional finance, income and transfer rules, taxation issues, philanthropic matters, risk management, family education, globalization, and a number of others. Several of these individual issues collide with one another, and the successful wealth management effort will involve dealing with these conflicts. The second area of focus requires the need to deal with a wide variety of environmental, social, and governance issues that need to be studied and analyzed thoroughly and explained clearly and concisely to non-specialists or non-experts. Families, particularly multi-generational families, are indeed bombarded by news and commentaries which often suggest courses of action that may not accrue to the family’s benefit in the end. Understanding the underlying issues will help them ask the right questions. Audience JWM is for senior executives at family offices, multi-family offices, private banks, Registered Investment Advisor firms, and independent financial advisors. The content is a must-read for those making decisions about asset allocation, manager selection, and performance evaluation on behalf of individuals and families, rather than institutions. Client-facing individuals benefit from a deeper understanding of the many disciplines that intersect in the practice of wealth management, and JWM gives them the tools to approach tough conversations with confidence. Other service providers, such as tax planners, estate lawyers, and insurance agents whose roles fit within the multi-disciplinary framework of wealth management and advice, also will benefit from reading the JWM. History In the late 1990s, a surge in high-net-worth individuals led to an increase in private investment needs. At the time, the majority of investing research was written about institutional portfolio management. In order to establish a platform for research and to meet the growing need for information on taxable portfolio management, The Journal of Wealth Management was launched in the spring of 1998 as The Journal of Private Portfolio Management , with Jean Brunel as the Founding Editor. Later, the Journal was renamed The Journal of Wealth Management as it is today. Indexed In Australian Business Deans Council, Google Scholar, Scopus Jean L.P. Brunel Jean Brunel is the managing principal of Brunel Associates, a firm founded in 2001 to serve ultra-high-net-worth individuals and their advisors. Prior to founding Brunel Associates, he spent the bulk of his career with J.P. Morgan, becoming, in 1990, the Chief Investment Officer of JP Morgan’s global private bank and a Director and Member of the Executive Committee of J.P. Morgan Investment Management, Inc. He has been the Editor of The Journal of Wealth Management since its founding in 1998 and he has authored two books – Integrated Wealth Management: The New Direction for Portfolio Managers, by Euromoney (2002, 2006), and A Practical Guide to Goals-Based Wealth Management, by Wiley and Sons (2015) – as well as many peer-reviewed articles. Explore more research from Mr. Brunel Paul Bouchey Paul Bouchey, CFA, is the Chief Investment Officer at Parametric, an investment firm based in Seattle, Washington, with more than $200 billion under management, and is responsible for investment, research, and strategy development. Prior to joining Parametric in 2006, he was a senior researcher at Russell Investment Group, where he focused on simulation, optimization, and quantitative decision models for institutional and private clients. He holds a patent on cross-sectional volatility indexing and has authored numerous academic and practitioner articles in journals such as The Journal of Portfolio Management, The Journal of Wealth Management, and The Journal of Index Investing. Paul earned a B.A. in Mathematics and Physics from Whitman College and an M.S. in Computational Finance and Risk Management from the Applied Mathematics Department at the University of Washington. He holds the Chartered Financial Analyst designation. Recent research includes titles such as "Systematic Diversification Using Beta" and "Core Versus Satellite: How much should a taxable investor allocate to the core equity portfolio?" and "The Role of ETFs in Tax Management." Paul is an accomplished and engaging speaker, focusing on topics relevant to investment advisors: indexing, factor-based portfolios, tax management, quantitative equity portfolio management, rebalancing, and volatility harvesting. His research and strategies revolve around the idea that the investment industry can be transformed through increased transparency, lower costs, and higher return-to-risk efficiency. Explore more research from Mr. Bouchey Co-Editors Jean L.P. Brunel | Managing Principal, Brunel Associates, LLC Paul Bouchey | Parametric Portfolio Associates Ambassador Board Charlotte Beyer | Principle Quest Foundation Gordon B. Fowler, Jr. | The Glenmede Trust Company NA James P. Garland | The Jeffrey Company James E. Hughes | Wise Counsel Research William Reichenstein | Baylor University Meir Statman | Santa Clara University Advisory Board Jan Annaert | University of Antwerp & Antwerp Management School Roberto Apelfeld | Western Asset Management Company Chad Armstrong | WWA Integrated Wealth Strategy Group Tom Arnold | University of Richmond Fredda Herz Brown | Relative Solutions Chuck Carroll | TFO Phoenix Adrian J. Cronje | Balentine Lee M. Dunham | Creighton University Jim Foster | Greycourt & Co., Inc. Mark Hays | The Glenmede Trust Company NA Stephen M. Horan | University of North Carolina Wilmington Kevin D. Irwin, Jr. | Knollwood Investment Advisory, LLC Dennis Jaffe | BanyanGlobal Family Business Advisors Maher Kooli | Université du Quebec à Montréal Philip Marcovici | The Offices of Philip Marcovici Limited Tom McCullough | Northwood Family Office LP Peter Mladina | Northern Trust W. Jackson Parham, Jr. | Eton Advisors, LP Franklin J. Parker, CFA | Directional Advisors Willi Semmler | The New...