The Executive Leadership Center

Life-Cycle Investing for Financial Planners
Driving the New Business Model
July 26 - 28, 2010

Why Enroll In Life-Cycle Investing For Financial Planners?

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Zvi Bodie
Norman and Adele Barron Professor of Management
Finance and Economics Department

We live in a time of great change in the way Americans save, invest, and manage the risks to their standard of living. "Baby boomers" are the most prosperous, healthiest, and longest-living generation of Americans ever. They also face more choices about saving and investing than their predecessors. More choices mean more decisions, and Americans need trustworthy guidance in making those decisions. Fortunately, during the past decade a new integrated science of lifecycle investment and risk management has been developed that can enable professional planners to provide that kind of advice. Starting with the model proposed by Bodie, Merton, and Samuelson (1992) , several optimization approaches have been developed that consider both human capital risk and conventional portfolio risk, and use Monte Carlo techniques to analyze and rank plans for individuals and families.

What Are The Advantages Of Life-Cycle Investing For Financial Planners?

It will enable planners to offer expert guidance in analyzing the interactions among the various sources of risk that affect their clients' standard of living. It will also provide the analytical skills required to give advice about the cost and effectiveness of the new structured investment and insurance products that are being created for "Boomers" as they approach retirement.

Who Should Attend Life-Cycle Investing For Financial Planners?

This program is designed for decision makers in the financial planning field who want to think about a new way of advising clients and who need to update their skill sets to make this transition a reality.

Boston University | School of Management | Executive Education