The family office is one of the fastest-growing structures designed to help individuals and
families manage their wealth. Whether a single-family office (SFO) serving one family or a …

Time variation in risk premia is not a violation of market efficiency but rather a reflection of
time-varying economic rewards. By analyzing macroeconomic sensitivities (proxying for …

The Journal of Wealth Management has played a key role in supporting research that
benefits individual investors. What began as concern over taxes, has grown into its own …

We revive, discuss, and improve upon the excellent earlier work of Hull and White in
efficiently building iterative loss distributions for debt portfolios of structured finance …