Behavioral Finance
Read about the behavioral finance factors that affect clients and that help advisors tailor the best financial plans and portfolio strategies for investors.
Many investors ignorant about advisor compensation
By Warren S. HerschAlmost one-third of the investors surveyed in 2012 indicated they were not sure how their financial services provider was paid.
February 22, 2013
Finance and the English LanguageFinancial language, to paraphrase Orwell, is designed to make lies sound truthfuland to give an appearance of solidity to pure wind.
February 20, 2013
Yes, Financial Literacy Is a Problem—That’s What Advisors Are ForNothing comes as close to motherhood and apple pie in the realm of economics as financial literacy, yet the cause has taken a bit of a beating in recent years.
February 19, 2013
Online Tools Make Investors More DiligentHowever, a survey found that while more than half of respondents use these kinds of tools, just 46% say regular online access has improved their ability to save.
February 19, 2013
A Battle Won Over Independent Contractor Status, but War PersistsIn the continuing struggle to retain independent contractor status for IBD advisors on both the state and federal level, broker-dealers have a key ally in FSI. The Waddell & Reed lawsuit is a case in point.
February 15, 2013
Most Gen X and Y Americans financially uninformedFour in 10 say they are not very knowledgeable, one in five indicate they are not at all knowledgeable.
February 15, 2013
Most Gen X and Y Americans financially uninformedFour in 10 say they are not very knowledgeable, one in five indicate they are not at all knowledgeable.
February 14, 2013
Average annual comp for advisors up 4%The report shows that, on average, sole practitioners receive an annual compensation of $98,049.