Managing personal wealth is a business that should be guided by solid plans based on your goals, assets, and lifestyle needs. Yet many individuals and families treat their investments in a non-businesslike manner. This course is designed exclusively for affluent individuals and families who want to learn how to better manage their wealth in a proactive, comprehensive, and objective manner. In an easily communicated way, the course teaches you, the individual investor, how to apply a process-driven approach to wealth management by focusing first on your personal goals and objectives. Instructors work with you to ultimately develop a customized plan that is designed to preserve and grow your wealth, help you gain confidence to manage your financial team, and provide the tools you need to manage your wealth like a business.
Classes meet once per week from 6:00-8:30 p.m. for five weeks. Upon completion of the course, each student has the opportunity to attend two optional consultations with the instructor(s).
Key Features and Benefits
- Unbiased and confidential instruction from top-tier professionals in the financial services and legal services industries
- Led by experienced and dedicated instructors, each with extensive experience on the practical and educational sides of wealth management
- Opportunity to attend two private consultations with the instructor, in which students can ask questions and discuss private information that may be inappropriate during class discussions
- 2 CEUs (The continuing education unit (CEU) is a nationally recognized means to document participation in organized non-credit continuing education. One CEU is defined as 10 contact hours of participation in organized continuing education under qualified instruction. The CEU provides a vehicle for employers, professional groups, and licensing agencies to account for participation in non-credit seminars, workshops, and courses.0
- In-class course materials, including notes binder, class worksheets, and two books (Winning the Loser’s Game by Charles Ellis and Asset Allocation by Roger Gibson)
Who Should Enroll
The Wealth That Lasts course is a comprehensive wealth management course designed to teach high net worth* individuals and families the core aspects of a proper wealth management strategy. This course is ideal for you if an of the following conditions describe your circumstances:
- Your wealth is transitioning from one generation to the next
- You have felt at a disadvantage when trying to communicate with a professional advisor
- You have inherited or are about to inherit family wealth
- You have experienced a liquidity event such as selling a business or receiving a large cash settlement
- Your family is in transition from illiquid to liquid assets
- You want to involve your spouse and/or other family members in managing your wealth
- You are turned off by courses that only want to solicit financial services or products
- You feel dissatisfied with your current method of investment management
* For the purposes of this course, “High Net Worth” is defined as individuals having investable assets of at least $5 million or families having investable assets of $10 million or more.
Wealth That Lasts is a solicitation-free environment. Attendance is limited to wealth owners and their families. Family Office personnel are only allowed to attend with prior pre-authorization.
Wealth That Lasts instructors teach students the necessary knowledge and tools to have wealth that will grow, be protected, and last for generations to come. Specifically, in this course you will learn how to:
- Build a process-driven wealth management strategy that balances your goals and values with your personal circumstances.
- Block out the random, disconnected noise of the investment markets and focus on the things that are truly important
- Implement investment strategies to protect wealth you have spent a lifetime creating
- Define meaningful and measurable values, goals, and objectives
- Determine your level of risk tolerance for investing
- Facilitate communication between all your family members and your advisors
- Effectively monitor and evaluate performance
- Develop your personal business plan for investing and learn which responsibilities you can delegate and those you must retain
In addition, you will receive knowledge and insight on the following course topics:
- Financial independence
- Investment Types (i.e. stocks, bonds, cash)
- Proper Estate and Gift Planning Strategies
- Spending, Inflation, Taxation, and Fees
- Investment Policy Statement
- Modern Portfolio Theory: Standard Deviation, Diversification, Correlation, Asset Allocation, Efficient Frontier, Monte Carlo Simulation
- Investment Manager Evaluation
- Manager and Fund Selection
Robert J. Bancroft
Bob is the founder and owner of Global Wealth Management Institute. He is also the author and instructor of the Institute’s “Wealth That Lasts” classes, which are offered through UCLA Extension. Throughout his 27-year career, Bob has been an OTC Stock Trader, Financial Advisor, Branch Manager, and District Manager. Since 1989, he has focused his career on learning, adapting, and teaching the methods of institutional wealth management for affluent individuals, families, and fiduciaries.
Bob holds a Bachelor of Arts Degree in Finance from Michigan State University. He is an Accredited Asset Management Specialist (AAMS) by the National Endowment for Financial Education. Bob is also an Accredited Investment Fiduciary Auditor (AIFA) by the Center for Fiduciary Studies at the Katz Graduate School of the University of Pittsburgh, which certifies him to conduct investment fiduciary audits of endowments, foundations, and 401(k) plans.
Bob’s knowledge of market history, ability to teach, extensive experience as an advisor, and disciplined process-driven approach to wealth management have proven to be essential assets in guiding his students through the myriad challenges of the investment markets.
Bob and his wife Amanda live in Scottsdale, Arizona, with their four children: Alec, Ani, Haley, and Jake. He enjoys hiking and biking with his dogs Rally and Crash and is involved with the Salvation Army and the Boys and Girls Clubs.
Jason K. Bleimeyer, CIMA®, CIMC®
Jason has been in the financial services industry for more than twenty years. In his practice, he advises institutions, fiduciaries, and individuals on sector analysis, asset allocation, and security selection. He guides clients on how to structure portfolios with an emphasis on risk management and tax efficiency.
Jason holds the designation of Certified Investment Management Analyst (SM), taught in conjunction with the Wharton School of the University of Pennsylvania and sponsored by the Investment Management Consultants Association (IMCA). He also holds the designation of Certified Investment Management Consultant (SM) sponsored by IMCA.
Jason and his wife Heidi live in Phoenix with their two children: Josh and Riley. They enjoy spending time at their second home in the Colorado Mountains kayaking, hiking, jeeping, and skiing.
Jason has taught in the areas of asset allocation, tax planning, and estate planning. Currently, he teaches a university level continuing education course, “Wealth That Lasts”, through the College of Extension at UCLA and UNLV. He has taught “Wealth That Lasts” at Arizona State University Extension and the University of San Diego as well.
Jason holds a finance degree from the University of Colorado at Boulder and is an active member of the Investment Management Consultants Association and the Center for Wealth Management.Register