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WEALTH IN ACTION

The wealth management industry is rapidly evolving. Our Center focuses University resources on research, learning, and networking, sparking innovation in the wealth management field.

RESEARCH, TEACHING, AND INDUSTRY PARTNERSHIP

Texas McCombs’ capacity and national stature place it in a unique position to help evolve the Wealth Management industry and significantly contribute to students, employers, professionals, and faculty members. We connect researchers, teachers, and students with Wealth Management professionals to shape the industry's future and its leadership.

Charles Schwab logo
Charles Schwab Foundation
  • WEALTH LAB ON CAMPUS

    A generous gift from the Charles Schwab Foundation, in partnership with Schwab Advisor Services, supports the Charles Schwab Foundation Financial Planning Lab and the Charles Schwab Foundation Wealth Management Conference Room. Their gift helps build a pipeline of future talented leaders in wealth management and changes how the world invests in its financial future.

THE EVOLUTION OF WEALTH

Changing Demographics

The wealth management industry is rapidly evolving in response to changing demographics, technology, investment in innovation, and increasing demand for financial planning advice and services. An estimated 10,000 baby boomers turn 65 each day, and they face a $4.1 trillion "retirement gap." The demand for financial planning services is increasing, and the industry is evolving to fill this need.

Growing Complexity

The financial planning landscape is getting more complicated due to tax changes, regulation, asset complexity, and the demand for alternative asset classes. Registered investment advisors would like to hire students with both quantitative and "soft" interpersonal skills. 

Demand for Research

There is a critical need for increased communication between academic researchers exploring wealth management solutions and industry professionals. Applying state-of-the-art academic research to such concerns could revolutionize the Wealth Management industry.

WEALTH MANAGEMENT CENTER AT McCOMBS

The Wealth Management Center educates students, builds partnerships with industry, leads academic and applied research, and facilitates community outreach. These four areas, housed within a top-ranked business school, bridge the academic community and industry partners and change how the world invests in its financial future.

This center functions around four pillars:

STUDENT EDUCATION

  • Undergraduate Minor in Wealth Management
  • Student Mentoring
  • Career Support
  • Student Club
  • Certificate Program

INDUSTRY PARTNERSHIPS

  • Wealth Management Network
  • Seminars
  • Advisory Board
  • Speaker Exchange Network
  • Single Family Office (SFO) Collaboration

COMMUNITY OUTREACH

  • Community Education Forums
  • Industry Open House
  • Financial Literacy for targeted affiliated industries
  • Financial Literacy Workshop in McCombs High School Camps

ACADEMIC ADVANCEMENT

  • Focus on Wealth Management and Household Finance
  • Data sharing to advance research and insights in the industry
  • Production of applied “white” papers bearing Company and McCombs names

OUR PARTNERS

Austin Asset logo
Austin Private Wealth logo
Avalon Logo
Focus Financial Partners
PIMCO logo
Pin Oak Investment Advisors logo
Republic Capital Group
SFMG Wealth Advisors logo
Tolleson Wealth Management logo
Venturi Private Wealth logo
WealthWise Financial Services logo

   

Gold Members

Lee Financial logo

   

Silver Members

AMG Wealth Advisors

   

Collaborators

Retirement Income Institute logo
two businesspeople brainstorming with notes on a glass wall in a modern office
  • TEXAS TAKES A STAND

    According to RIA Intel, “by 2023, the US wealth management industry is projected to lose a greater percentage of its workforce than the beleaguered coal mining industry, a dwindling part of the American economy.” Here is the story of how a UT alumnus and the University are coming to the rescue.

EXPLORE A WEALTH MANAGEMENT CAREER

Wealth managers are needed now more than ever. Coursework in the Wealth Management Program will help you prepare for a financially rewarding career, with excellent work/life balance and the credentials to move up.