High net worth investors are no different from any other investor with respect to the fact that an investment strategy must be in place and followed in order for the investor to succeed. We begin this module with a review of the requirements of a successful investment strategy and then take a look at several prominent strategies in use, as well as the roadblocks that can derail an investor’s strategy. We then look at the alternative investments that high net worth clients seek out in order to boost portfolio returns. In this module you will learn the basics of several alternative investments, including futures contracts, hedge funds, private equity, and real estate. The module then concludes with a discussion of how behavioral finance impacts investor decisions and ways that an adviser can help clients overcome behavioral biases.