Financial Planning > Behavioral Finance

Wiesenberger Using Monte Carlo Tools

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NU Online News Service, June 19, 10:05 a.m. – Thomson Financial/Wiesenberger, Rockville, Md., has agreed to use statistical modeling tools from, Richmond, Va., on its Thomson Advisor financial services Web site. will be supplying the site’s Monte Carlo simulation system.

Financial advisors use Monte Carlo simulations to allocate clients’ assets and handle advanced problems in financial planning.

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