- Docente: Fabrizio Palmucci
- Credits: 6
- SSD: SECS-P/11
- Language: Italian
- Teaching Mode: Traditional lectures
- Campus: Bologna
- Corso: Second cycle degree programme (LM) in Financial Markets and Institutions (cod. 0901)
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from Sep 19, 2023 to Dec 05, 2023
Learning outcomes
At the end of the course the student is familiar with the fundamental tools of wealth consulting, with specific reference to the role of private banker and professionals oriented to personal financial planning, even related to High-Net-Worth Individual. In particular he is able to master: - the asset management of portfolios - the link between macroeconomic variables (scenario analysis) and the impacts on financial planning - the main aspects of real estate management - the interconnections between business management and family business. - the insurance and pension aspects of the personal life cycle - tax planning
Course contents
The course deals with various topics related to wealth management including:
Personal financial planning, strategic asset allocation, funds' and managers' performance, commodities, behavioural finance, pension and insurance planning, real estate investments, succession planning, alternative investments.
Readings/Bibliography
Libro “Manuale del Private banker” - Musile Tanzi ed 8:
Cap. 1 – Private Banking/WM: modelli di business
Cap. 2 – Dallal Valutazione di adeguatezza al (Personal) financial planning
Cap. 3 – Asset Allocation Strategica (i file di excel forniti dal docente non costituiranno materia di esame)
Cap. 4 – La valutazione delle performance (i file di excel forniti dal docente non costituiranno materia di esame)
Cap. 6 – Finanza Comportamentale
Cap. 7 – La Pianificazione Assicurativa (solo concetti principali)
Cap. 8 – La Pianificazione Previdenziale (solo concetti principali)
Cap. 11 – La Pianificazione dei patrimoni in vista della Successione (solo concetti principali)
Extra libro:
Alternative Investments: this topic will be discussed on handouts and presentations distributed and given by the teacher (do not study this topic on the book)
Esercitazione finale su Asset Allocation con Python à non sarà materia di esame
Teaching methods
The lecturer will explain the theoretical aspects of the topics chosen for the course and will try to present the connection between them and the professional reality of wealth management in banks, private banker networks or family offices.
The wealth management will be presented also from the asset allocation and portfolio management point of view, as managed by banks and institutional investors in general.
Assessment methods
Written exam on online platform, consisting of open-ended and multiple choice questions.
Teaching tools
Slides provided by the teacher and online forms to check for students' comprehension.
Office hours
See the website of Fabrizio Palmucci