Wealth Management Camp for Rich Kids
According to the article, there are over 430,000 families with net worths of $10,000,000 (yes, that's 10 MILLION), which is driving the demand for wealth management education. One company, IFF, is actually opening offices all over the country. Their Praxis (Latin for "practice") program is a two year program aimed at kids aged 18 to 35 and costs between $12,000 and $15,000 per year, per person. The program is designed for families worth $50 million or more.
It'll be a while before my family will qualify for that!