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.
Blueleaf names top custodians widely used by advisors
By Warren S. HerschAccording to the report, more than 20 percent of advisors use each of the top four firms named.
February 26, 2013
Many investors ignorant about advisor compensationAlmost one-third of the investors surveyed in 2012 indicated they were not sure how their financial services provider was paid.
February 26, 2013
Learned Behavior: Educating Advisors on Behavioral FinanceTheres an ample body of academic research that financial advisors could turn to in order to figure out why, say, a prospective client seems so eager at first to retain their services and then suddenly goes cold on them.
February 25, 2013
Second Thoughts: Making Better DecisionsWhen messages from a client's rational and emotional minds are contradictory, we need to arrive at a resolution that integrates them.
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.