Whealthcare

Speaker

Jason Karlawish

Professor of Medicine, Medical Ethics and Healthy Policy, and Neurology

University of Pennsylvania

Jason Karlawish’s Biography

CIMA®, CPWA®, CIMC®, and RMA℠ Pending

Duration: 1 Hour

Option 1: Wednesday, March 10th at 12:00pm ET

Option 2: Thursday, March 11th at 12:00pm ET

Pre-work: Participants will be asked to view the instructor’s website on Whealthcare.

This session will include participant Q&A at the end.

Course Description

America is transforming. It’s aging. With aging two things happen. We accumulate more and more wealth for our well-being, pleasure, and legacy. We’re also more likely to experience cognitive impairments. Persons with cognitive impairment need care, but there are fewer and fewer people available to care for them, especially the free labor provide by family. Persons with cognitive impairment are at heightened risk to make errors in financial management or be victims of financial fraud or abuse. Together, these facts distill a powerful brew of challenges for America’s banking and financial services industries. This course will address issues at the intersections of cognitive health and wealth. These include understanding what the causes of cognitive problems are, and how they impact of financial capacity. Particular attention will be paid to how a smart firm will strive to practice “whealthcare” (learn more at www.whealthcare.org). The lecturer will examine how a firm might achieve this through staff training, effective communication with clients and their families (especially in light of FINRA rule 4512), and deploying novel technologies to monitor and detect changes in financial capacity, and as well, fraud and abuse. The class will have a look into the future of the monitored brain. Attendees will leave inspired to make changes in the ways they conduct business so that they can better serve the health and wealth of the older clients and their families.