Wealth management is generally seen as (1) how an individual, family, firm or sovereign invests and what assets or securities the investors choose, and (2) how the investors are advised based on their individual situation. Thus, portfolio management, asset allocation, advisory banking, and legal questions are at the core of studies in wealth management.
The SGI enriches Wealth Management in an important way: As the situation of an individual, family, firm or sovereign changes over time, expertise in management of an individual’s life cycle, intergenerational transfer, and structural change in business and economy become key factors for success in wealth management. Research in the third Competence Centre of the SGI is dedicated to the following topics:
- Investment Management (Instruments, Asset Allocation)
- Dynamics such as Life Cycle, Intergenerational Transfer, and Economic Change
- Long-Term Performance Analysis (Accounting, Risk Control, Qualitative Assessment)
Members of the Center for Wealth Management currently are Prof. Dr. Stefan Morkoetter, Dr. Andreas Mattig and Dominic Rainsborough.