Program Overview
This program discusses the current views of Modern Portfolio Theory (MPT). It includes a discussion of how the financial services industry came to accept MPT and, more importantly, how those views have changed in the past year. Many of the key flaws or modifications to MPT that are topics of discussion today were observable before 2008. The core tenets of MPT are still valid, but advisors need to make important changes to the models in use today to allocate client assets going forward.

Attendees will:

• What tenets of MPT remain unchanged following the financial crisis of 2008
• Which changes should have been made prior to 2008
• What to do going forward

Featured Speaker:
Timothy Burger, CFA is a Client Portfolio Strategist for Ivy Funds and functions as the bridge between portfolio management and distribution with a primary focus on strategic product positioning. Mr. Burger joined Ivy in March 2007. Previously, he worked as an Equity Analyst at UMB Investment Advisors in Kansas City, providing research coverage of the industrials sector including diversified conglomerates, transportation, machinery, aerospace and defense. Before joining UMB, he served as a Financial Advisor with UBS. Mr. Burger earned his bachelor's degree in political science in 2001 and an MBA with an emphasis in finance in 2005, both from The University of Kansas. He is a Chartered Financial Analyst, a member of the CFA Institute, and a member of the Kansas City Society of Financial Analysts.

Education Level: Intermediate