Journal Information
Co-Editors: Jean Brunel and Paul Bouchey
ISSN: 1534-7524
E-ISSN: 2374-1368
Frequency: Quarterly
Content available from Vol 1 Issue 1 (1998)
AUDIENCE
JWM is for senior executives at family offices, multi-family offices, private banks, Registered Investment Advisor firms, and independent financial advisors. The content is must-read for those making decisions about asset allocation, manager selection and performance evaluation on behalf of individuals and families, rather than institutions. Client-facing individuals benefit from a deeper understanding of the many disciplines that intersect in the practice of wealth management, and JWM gives them the tools to approach tough conversations with confidence. Other service providers, such as tax planners, estate lawyers, and insurance agents whose roles fit within the multi-disciplinary framework of wealth management and advice, also will benefit from reading the JWM.
ABOUT THE JOURNAL
The Journal of Wealth Management (JWM) is the only peer-reviewed journal devoted exclusively to original research and practical guidance for high-net-worth investors and family offices. The JWM addresses the investment concerns of wealthy families and keeps practitioners abreast of the latest investment strategies in private asset management. Themes of the JWM include generating high after-tax returns while mitigating volatility, balancing tax and risk concerns, optimizing asset allocation and money management selection, determining hedge fund allocation and employing effective performance measurement techniques, and using estate planning to enhance cross-generational wealth concerns. The JWM offers a unique and in-depth view into the world of wealth management.
MISSION
The mission of The Journal of Wealth Management (JWM) is to provide thought-provoking analysis and practical wealth management techniques to help advisors and the individuals and families they serve be responsible stewards of wealth for the benefit of the world and future generations.
Carrying out this mission involves two discrete areas of focus. The first relates to the multidisciplinary nature of the endeavor. Managing individual wealth requires one to deal with a wide range of professional disciplines covering the many facets of the task: behavioral finance, traditional finance, income and transfer rules, taxation issues, philanthropic matters, risk management, family education, globalization, and a number of others. Several of these individual issues collide with one another, and the successful wealth management effort will involve dealing with these conflicts. The second area of focus requires the need to deal with a wide variety of environmental, social and governance issues that need to be studied and analyzed thoroughly and explained clearly and concisely to non-specialists or non-experts. Families, particularly multi-generational families, are indeed bombarded by news and commentaries which often suggest courses of action which may not accrue to the family’s benefit in the end. Understanding the underlying issues will help them ask the right questions.
ARTICLE SUBMISSIONS
Any submission should include an introduction which should comprise four elements. First, it should set out the question it is aiming to address. Second, it should explain why the question is important to clients of or service providers to the wealth management industry. Third, it should preview whether a solution will be proposed or whether the article only analyzes the key elements of the question. Fourth, it should present a “roadmap” to the article to allow readers to place each of the sections of the paper in the proper perspective.
Abstracts should always start with a sentence outlining how the paper helps The Journal of Wealth Management achieve its mission. What is the relevancy of the issue at hand to readers and how will it contribute to a better service to clients of the industry?
A successful article has the following:
1) It is free of spelling and grammatical mistakes and follows the formatting guidelines outlined on the PMR website.
2) The methodology and dataset is reasonable—the paper does something new that contributes to the literature.
3) The tables and charts are well designed and tell a story and are not too onerous to decipher.
4) The more mathematical parts of the paper are relegated to the appendix.
5) There are links to the literature on the topic.
6) It is typically 3000-7000 words in length.
HISTORY
In the late 1990s, a surge in high net-worth individuals lead to an increase in private investment needs. At the time, the majority of investing research was written about institutional portfolio management. In order to establish a platform for research and to meet the growing need for information on taxable portfolio management, The Journal of Wealth Management was launched in the spring of 1998 as The Journal of Private Portfolio Management, with Jean Brunel as the Founding Editor. Read the inaugural Editor's letter of the Journal here. Later, the Journal was renamed The Journal of Wealth Management as it is today.
INDEXED IN
Australian Business Deans Council, Google Scholar, Jouroscope, Scimago Journal & Country Rank, Scopus