The Institute for Private Investors (IPI) is a private membership organization that provides peer-to-peer networking and investor education for its members. The group is open to high-net-worth individuals, or families with minimum investable assets of US $30 million or more.[1]
The organization was founded in 1991[citation needed] by Charlotte B. Beyer[2][3] of Charlotte Beyer Associates, Inc., and incorporated in 1997.[4] Its mission is to improve the way investors work with advisors. The association sells no investment products or consulting services, deriving its revenue solely from membership dues and educational fees.[citation needed]
In 1999, IPI collaborated with the Wharton School of the University of Pennsylvania to create a five-day residential program,[5] with Beyer among the faculty.[6]
IPI offers access to Memberlink, a private online social networking platform to discuss investment ideas and other issues facing wealthy families.[7][8]
For wealth-holders under 50, the organization offers a NextGen Membership that combines online resources with special events and educational programs to help next generation principals connect with peers.[9]
In addition to individual private investors and families, professional service firms, such as registered investment advisors and wealth managers, can also join IPI as members, though they do not gain access to the investors' conversations and are not allowed to directly pitch or sell to members.[10]
In 2011, IPI was acquired by London-based Campden Media.[7]
References
edit- ^ Gannon, Niall (2010). "Investing Strategies for the High Net Worth Investor", p. 210. McGraw Hill, New York. ISBN 978-0-07-162820-4.
- ^ West, Melanie Grayce. "Nurturing Young Women to Be Wall Street Leaders", The Wall Street Journal, 27 August 2011.
- ^ DeFotis, Dimitra (March 8, 2010). "Charlotte's Web". Barron's. Retrieved 21 June 2020.
- ^ "INSTITUTE FOR PRIVATE INVESTORS, INC". opencorporates.com. Retrieved 23 June 2020.
- ^ Private Wealth Management
- ^ "Charlotte B. Beyer". UPenn.edu. Retrieved June 23, 2020.
- ^ a b Paikert, Charles. "Campden Acquires IPI; Association for Wealthy Families Goes Global" Archived 2012-04-19 at the Wayback Machine, Registered Rep., 1 February 2011.
- ^ Rudin, April. "Connecting with the Wealthy Through Social Media: Can You Reach a Luxury Box From the Bleachers?", Huffington Post, 24 September 2010.
- ^ Hanson, Joyce. "Warren Buffett’s Son, Peter, Says Dad Doesn’t Owe Him a Thing" AdvisorOne, 12 October 2011.
- ^ Paikert, Charles. "Where really big money goes to find company", Reuters, 20 June 2011.