Centers & Initiatives
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.
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.
Charles Schwab Foundation
The Evolution of Wealth
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.
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
Community Outreach
- Community Education Forums
- Industry Open House
- Financial Literacy for targeted affiliated industries
- Financial Literacy Workshop in McCombs High School Camps
Industry Partnerships
- Wealth Management Network
- Seminars
- Advisory Board
- Speaker Exchange Network
- Single Family Office (SFO) Collaboration
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
Alpha Capital Management
Alpha Capital Management
Austin Private Wealth
Austin Private Wealth
Dimensional Fund Advisors
Dimensional Fund Advisors
Frost Bank
Frost Bank
LPL Financial
LPL Financial
Pin Oak Investment Advisors
Pin Oak Investment Advisors
SFMG Wealth Advisors
SFMG Wealth Advisors
Swan Global Investments
Swan Global Investments
Tolleson Wealth Management
Tolleson Wealth Management
Venturi Private Wealth
Venturi Private Wealth
Austin Asset
Austin Asset
Corient
Corient
Focus Financial Partners
Focus Financial Partners
Icon Wealth Partners
Icon Wealth Partners
PIMCO Investment Management
PIMCO Investment Management
Republic Capital Group
Republic Capital Group
Steward Partners Global Advisory
Steward Partners Global Advisory
Texas Capital Bank
Texas Capital Bank
Truist Wealth
Truist Wealth
WealthWise Financial Services
WealthWise Financial Services
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 Wealth Management Careers
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.