Skip to main content

Main menu

  • Home
  • Current Issue
  • Past Issues
  • Videos
  • Submit an article
  • More
    • About JWM
    • Editorial Board
    • Published Ahead of Print (PAP)
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • More
    • Awards
    • Article Licensing
    • Academic Use
  • LinkedIn
  • Twitter

User menu

  • Sample our Content
  • Subscribe Now
  • Log in

Search

  • ADVANCED SEARCH: Discover more content by journal, author or time frame
The Journal of Wealth Management
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • More
    • Awards
    • Article Licensing
    • Academic Use
  • Sample our Content
  • Subscribe Now
  • Log in
The Journal of Wealth Management

The Journal of Wealth Management

ADVANCED SEARCH: Discover more content by journal, author or time frame

  • Home
  • Current Issue
  • Past Issues
  • Videos
  • Submit an article
  • More
    • About JWM
    • Editorial Board
    • Published Ahead of Print (PAP)
  • LinkedIn
  • Twitter
Primary Article

Investment Considerations under the Prudent Investor Act

Part Two: Translation Analysis

Darryl L. Meyers
The Journal of Wealth Management Winter 2005, 8 (3) 50-64; DOI: https://doi.org/10.3905/jwm.2005.598422
Darryl L. Meyers
A senior vice president at Wells Fargo Private Client Services in Minneapolis, MN.
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
  • For correspondence: darryl.meyers@wellsfargo.com
  • Article
  • Info & Metrics
  • PDF (Subscribers Only)
Loading

Abstract

In Part Two in a series on fiduciary investment matters, the author focuses on how portfolio choice interacts with trust distribution policies to produce wealth flows to current and future trust beneficiaries. The author first frames the discussion through an examination of portfolio effects on beneficiary wealth during an extended period of historical returns. Next, the author examines whether different distribution choices, from simple income-only choices to more complex unitrust methods, can significantly impact wealth flows to beneficiaries. The author finds that in terms of wealth effects to all parties, portfolio choice dominates distribution policy choice over the period examined, although distribution policy can mitigate year-to-year variations in wealth flows. This conclusion leads to a recommendation that fiduciaries should move beyond the traditional balanced portfolio to incorporate asset classes that have a higher risk-return profile to ensure long-term portfolio performance.

  • © 2005 Pageant Media Ltd

Don’t have access? Register today to begin unrestricted access to our database of research.

Log in using your username and password

Forgot your user name or password?
PreviousNext
Back to top

Explore our content to discover more relevant research

  • By topic
  • Across journals
  • From the experts
  • Monthly highlights
  • Special collections

In this issue

The Journal of Wealth Management
Vol. 8, Issue 3
Winter 2005
  • Table of Contents
  • Index by author
Download PDF
Article Alerts
Sign In to Email Alerts with your Email Address
Email Article

Thank you for your interest in spreading the word on The Journal of Wealth Management.

NOTE: We only request your email address so that the person you are recommending the page to knows that you wanted them to see it, and that it is not junk mail. We do not capture any email address.

Enter multiple addresses on separate lines or separate them with commas.
Investment Considerations under the Prudent Investor Act
(Your Name) has sent you a message from The Journal of Wealth Management
(Your Name) thought you would like to see the The Journal of Wealth Management web site.
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
Citation Tools
Investment Considerations under the Prudent Investor Act
Darryl L. Meyers
The Journal of Wealth Management Oct 2005, 8 (3) 50-64; DOI: 10.3905/jwm.2005.598422

Citation Manager Formats

  • BibTeX
  • Bookends
  • EasyBib
  • EndNote (tagged)
  • EndNote 8 (xml)
  • Medlars
  • Mendeley
  • Papers
  • RefWorks Tagged
  • Ref Manager
  • RIS
  • Zotero
Save To My Folders
Share
Investment Considerations under the Prudent Investor Act
Darryl L. Meyers
The Journal of Wealth Management Oct 2005, 8 (3) 50-64; DOI: 10.3905/jwm.2005.598422
del.icio.us logo Digg logo Reddit logo Twitter logo CiteULike logo Facebook logo Google logo LinkedIn logo Mendeley logo
Tweet Widget Facebook Like LinkedIn logo

Jump to section

  • Article
  • Info & Metrics
  • PDF (Subscribers Only)
  • PDF (Subscribers Only)

Similar Articles

Cited By...

  • Perspectives from the Literature of Private Wealth Management
  • Google Scholar

More in this TOC Section

  • Corporate PACs and the Stock Market
  • The Elusiveness of Investment Skill
  • Asset Liability Management in Financial Planning
Show more Primary Article
LONDON
One London Wall, London, EC2Y 5EA
United Kingdom
+44 207 139 1600
 
NEW YORK
41 Madison Avenue, New York, NY 10010
USA
+1 646 931 9045
pm-research@pageantmedia.com
 

Stay Connected

  • LinkedIn
  • Twitter

MORE FROM PMR

  • Home
  • Awards
  • Investment Guides
  • Videos
  • About PMR

INFORMATION FOR

  • Academics
  • Agents
  • Authors
  • Content Usage Terms

GET INVOLVED

  • Advertise
  • Publish
  • Article Licensing
  • Contact Us
  • Subscribe Now
  • Log In
  • Update your profile
  • Give us your feedback

© 2021 Pageant Media Ltd | All Rights Reserved | ISSN: 1534-7524 | E-ISSN: 2374-1368

  • Site Map
  • Terms & Conditions
  • Cookies
  • Privacy Policy