Regent University students will soon be impacting change in the world of personal finance.
In the fall 2015, Regent's School of
Law (LAW) will offer a brand new concentration in its M.A. in Law degree
program: Wealth Management & Financial Planning. This concentration
will provide courses in financial, investment and insurance planning,
retirement and employee benefits, and tax planning for its enrolled
"It's important at this time because there's going to be a big wealth
transfer over the next 20-30 years as Baby Boomers receive assets from
their parents and then pass on assets to their children," said Dr. James
Davids, associate law professor and director of LLM and M.A. programs.
Davids explained that as these wealth-transfers occur, more and more
individuals will be seeking financial planning and wealth management
counsel. Job prospects for this in-demand career field are projected to
increase 32 percent by the year 2020.
Students graduating from this concentration will not only be primed with
the needed skills to enter the industry, they will be equipped for a
meaningful career of serving clients with excellence in the field of
According to Davids, the concentration's sound moral and ethical
training imparts trustworthiness and ethical responsibility to students
in the program and will help to set them apart – even if they have the
same competency skills and handle the same type of clients.
"How does one select one financial planner over another? Certainly
knowing your planner as a person, knowing that they have a good
reputation in the community," said Davids. "If one has a bachelor's and
the other has their master's, one is going to have more of a competitive
edge than the other."
Sharpening the competitive edge even further is Regent's commitment to integrating the love of Christ into its degree programs.
"Having that relationship must be integrated into our lives, and we do
that here," said Davids. "Showing the compassion and the love of Christ
to others involves caring about all aspects of them."
And caring for a client's financial well-being is only the beginning.
"You have to put the client's interest first, and by constantly doing
that you'll sustain loyalty and you'll be taking care of generations of
families because of their trust," said Davids. "That's the way it works
and that's how we'll be different from others. We not only want to
instill those values in our students but build on them throughout their
Learn more about Regent University School of Law and the Financial Planning & Wealth Management concentration.
By Brett Wilson
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