The Advice Business Needs a Serious Fix
If you ask a professional, a doctor for example, for advice, you rightly expect an answer that doesn't differ based upon whom you ask.
Five Good Questions for Behavioral Finance Sage Terrance Odean
The behavioral finance expert shares his views on how money managers can do more for investors.
How Advisors Can Make Better Investing Decisions
Financial professionals, as well as clients, can benefit from these rules.
Why Retirement Planning Is Not for the Passive
With so many uncertainties regarding Social Security, annuities and the “4% Retirement Rule,” an active approach to planning is vital.
The Perfectly Dangerous Thing Your Clients Want
What a Michelle Pfeiffer photo shoot can teach advisors about their clients.
The Financial Advice the Next Generation Needs
Our target clients aren’t under 30. That’s not where the money is. But ignoring them and their situations is shortsighted in the extreme.
The Messy Reality of Financial Decisions
Following the evidence is imperative and difficult.
Who’s the Easiest Person to Fool?
Remember the advice of physicist Richard Feynman.
Retirement Planning’s Probability Problem
Advisors love probabilistic retirement strategies, like the so-called “4% rule.” But thanks to human biases, we're literally dumber than rats when it comes to probability.
Just How Puzzling Are Annuities?
A bombshell critical paper on annuities has strengths and weaknesses.