John C. Heaton
Myron S. Scholes Distinguished Service Professor of Finance and Anthony Pritzker Family Foundation - Family Office Initiative Director
John C. Heaton
Private Wealth Management
Protect and grow your wealth while building a lasting legacy.
Next Session
May 18-May 22, 2026
View All Dates
Location/Format
In-Person
Gleacher Center, Chicago
Investment Fee (in USD)
$14,600 USD
Questions? Connect with our enrollment advisors.
Next Session
May 18-May 22, 2026
View All Dates
Location/Format
In-Person
Gleacher Center, Chicago
Investment Fee (in USD)
$14,600 USD
Questions? Connect with our enrollment advisors.
Over five transformative days, Private Wealth Management brings together Booth’s world-renowned faculty, leading practitioners, and a select global cohort of peers to explore the complexities of managing and transitioning family wealth.
You’ll gain research-driven insights and practical tools to preserve and grow assets, clarify family purpose and governance, and apply advanced planning and tax strategies aligned with your long-term goals. The program’s flexible concurrent sessions allow you to tailor the experience to your personal wealth journey—meeting you where you are and equipping you for what’s next.
It’s not just about managing wealth—it’s about creating clarity, confidence, and continuity that endures for generations.
This program serves as an elective to:
Define Purpose and Strategy
- Clarify your family’s financial and personal goals—and align them within a long-term wealth strategy.
- Explore the drivers of wealth preservation and growth across generations.
Apply Sophisticated Tools and Frameworks
- Design and implement tax-efficient, multi-generational wealth strategies.
- Evaluate asset allocation, trusts, and planning instruments with rigor and confidence.
Lead with Confidence
- Oversee and hold financial advisors accountable for results, ensuring incentives align with your family’s interests.
- Build governance systems that reflect your family’s values while sustaining prosperity.
Learn from Experience and Community
- Gain insights from Booth faculty and industry experts who bring frameworks to life through real-world applications.
- Exchange perspectives with other wealth owners navigating similar challenges and opportunities.
Leave with Impact
- Walk away with a personalized action plan that makes your wealth strategy both purposeful and practical.
Who Should Attend
This program is tailored for wealth owners with USD $20m+ in assets, helping families preserve, grow, and transition wealth across generations.
Download the brochure for in-depth insights into who should attend, participant profiles, and the ideal candidate.
Faculty
At Booth, our distinguished faculty exemplify dedication and expertise, bringing deep passion to their teaching. Their steadfast commitment extends beyond traditional instruction, focusing on empowering every Executive Education participant, across all programs and global campuses, to achieve their professional and leadership goals.
Steven Neil Kaplan
Neubauer Family Distinguished Service Professor of Entrepreneurship and Finance and Kessenich E.P. Faculty Director at the Polsky Center for Entrepreneurship and Innovation
Steven Neil Kaplan
Stuart E. Lucas
Co-Managing Partner, Wealth Strategist Partners, LLC
Stuart E. Lucas
Kathleen Fitzgerald
Clinical Professor of Strategic Management
Kathleen Fitzgerald
Sara Hamilton
Family Advisor, Founder, and Board Chair, Family Office Exchange
Sara Hamilton
Stephen R. Quazzo
Cofounder and CEO, Pearlmark Real Estate
Stephen R. Quazzo
Patricia Angus
Founder and CEO, Angus Advisory Group LLC
Patricia Angus
Glenn G. Fox
Partner, Baker & McKenzie LLP
Glenn G. Fox
Caren Yanis
Principal, Croland Consulting, LLC
Caren YanisLearning Beyond the Classroom
Learn From Highly Regarded Professors with Real-World Expertise
Booth professors and practitioners collaborate and consult with firms, work with wealth owners, serve on boards, and start their own companies. Family, government, and business leaders worldwide seek them out for their expert analysis and advice. With their masterful mix of theory and practice, you can start applying what you learn immediately.
Pre-Program Sessions on Investment Basics
This program is designed to meet participants with varying levels of investment knowledge. For those less experienced with investing, participants are invited to attend two 90-minute virtual sessions on investment fundamentals to lay the groundwork.
Virtual Post-Program Session
Six months after the program, participants are invited for a virtual session to reconnect and share what they've implemented, ensuring PWM frameworks continue to create long-term value.
For more information about real-world applications, download our program brochure.
Program Outline
- Learn the key drivers of preserving and growing wealth across generations.
- Define your financial and family objectives within a comprehensive family enterprise strategy.
- Explore family purpose and values as guiding principles for long-term stewardship.
- Review lessons from families who have maintained and grown their wealth for multiple generations.
- (Optional) Participate in live-online pre-course sessions covering investing fundamentals—stocks, bonds, mutual funds, diversification, risk vs. return, asset allocation, and performance measurement.
- Gain deeper insight into asset allocation “factors” such as value, momentum, and quality—and how they influence risk and return.
- Examine real estate as an asset class, including its role in diversification and potential tax advantages.
- Select investment strategies that are realistic, prudent, and tax-efficient.
- Learn how trusts and sophisticated planning instruments can reduce tax exposure and enhance flexibility.
- Explore strategies to ensure privacy, protect assets, and provide for multiple generations without diminishing motivation.
- Understand how estate and tax planning intersect with family purpose and governance.
- Understand the differences among investment, brokerage, and wealth management firms—and how to align their incentives with your family’s goals.
- Decide how to evaluate, select, and oversee advisors who best serve your needs.
- Build accountability through performance evaluation, good reporting, and transparency.
- Explore governance systems that enable families to steward both financial and human capital.
- Learn how to foster productive family dialogue about wealth, values, and purpose.
- Embrace “entrepreneurial stewardship” as a mindset—combining rigor and vigor to ensure wealth motivates rather than demotivates.
Past Participant Insights
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“The PWM curriculum is built around an invaluable framework for preserving wealth and enhancing family happiness, covering everything from risk management to family governance. The program helped me organize my thoughts and identify gaps in my financial plan that I hadn’t considered. Now, instead of second-guessing myself, I feel confident knowing I’m following in the footsteps of those who have successfully navigated these challenges before.”
—Ashwin Srinivasan, Partner, P600 Advisors LLC -
“The most impactful thing I learned was the holistic frame of a family enterprise and family wealth. It was helpful for me to see how you could look at an enterprise holistically. The virtuous cycle versus vicious cycle concept also really stood out. I left with a full binder of great education tools that I will be able to reference. I've already shared helpful materials and frameworks with some key people in the family enterprise.”
—Marty Ozinga, CEO of Ozinga
Admissions and Application Requirements
Admission to Private Wealth Management is selective and based on a successful application. Our application requires completion of a series of short essay questions that offer insight into your professional experience, family enterprise, and wealth management goals. These responses also help confirm key eligibility requirements—such as beneficial ownership of financial assets exceeding $20 million—and ensure a strong alignment with the program’s objectives and cohort.
We want you to feel confident and informed when applying. We recommend you view the policy before beginning your application. View executive education payment policy here.
Upcoming Sessions
Program dates are subject to change.
Download Brochure
Download the program brochure for in-depth insights on who should attend, a schedule preview, past participant profiles, location highlights, networking opportunities, and what to expect. When doing so, you’ll also receive an editable justification letter to help you make the case to your employer for your attendance.
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Frequently Asked Questions
In this section, you’ll find answers to frequently asked questions about Chicago Booth Executive Education programs.
Frequently Asked Questions