Foreword / Katrina F. Sherrerd -- Biographies -- Overview: Investment counseling for private clients IV / Kathryn Dixon Jost -- Financial physicians / Meir Statman -- Global diversification is (still) good for your clients / Ernest M. Ankrim -- Hedge fund investing for private clients / Lori R. Runquist -- Managing performance: monitoring and transitioning managers / Louisa W. Sellers -- Improving tax efficiency with derivatives / Jean L.P. Brunel -- The diversification of employee stock options / David M. Stein, Andrew F. Siegel -- Strategies for retirement benefits in estate planning / Natalie B. Choate -- Succession planning for a first-generation family business / Fredda Herz Brown -- Future strategies for private wealth management / John Philip Coghlan.