Retirement Daily: Integrating Family Businesses & Human Capital in Portfolio Management

The role of a family business in wealth creation for high net worth families is well known. Less well understood is the role it plays in wealth management for these same families.

In this podcast, Stephen Horan, the Managing Director of Credentialing at the CFA Institute, talked – as he recently did at the AICPA Engage conference — about the unique risk and return profile of a family business influences portfolio management in similar but decidedly different ways than human capital for the mass affluent.