Dr. Klontz’s Financial Therapy Aims to Cure Your Clients’ Fear of Change
Brad Klontz, a psychologist and CFP, talks about the four paradigms that drive investors’ money behavior (and conflicts).
What Advisors Should Know About 80% of American Families
Married parents with children now represent only 20% of families. Here's what advisors should know to serve blended families, single-parent families and other "nontraditional" clients.
A House Divided: Help Client Couples Work Together
During the 30-plus years I’ve been counseling couples and teaching them how to resolve conflicts, I’ve identified many ways they tend to polarize around money.
At NAPFA, Behavioral Economics—What Works and What Doesn’t
Behavioral psychologist tells attendees what to do when client logic leaves the room.
The Psychology of Advice: High Anxiety
If your heart beats faster when you check the market update, your head swims when you scan The Wall Street Journal, or your throat dries...
Pants on Fire
The news is full of senior government officials involved in sex scandals, highly paid CEOs charged with options backdating, reputable writers and journalists caught in...
The Age of Enlightenment
"Am I set for retirement?" the baby boomer client asked his financial advisor in their first meeting. "I've been writing checks for $3,000 a month...
Brother and Sister, Where Art Thou?
To judge by the Genesis story of Cain and Abel, sibling rivalry has been going on as long as there have been siblings. Although this...
When most people think of the wealthy, they automatically envision a Manhattan penthouse or equally metropolitan locale. And while it's true that big cities often...
Helping Therapists Get Over Moneyphobia
The vast majority of psychotherapists are money avoiders. If a client brings up the subject of money, therapists often (consciously or unconsciously) deflect the discussion...