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.
Monte Carlo Failures Aren't Plane Crashes
By David BlanchettDon't let your clients be misled by terrible analogies: Retirement planning "failures" are rarely cataclysmic.
December 19, 2022
Americans Pessimistic About Personal Finances: Allianz Life SurveyNearly 30% of survey respondents say their financial situation is worse now than it was a year ago.
December 19, 2022
Top 12 States to Find the Wealthy Clients of the FutureMany Americans under 25 are already well on their way to accumulating wealth. Here's where they live.
December 16, 2022
Younger Investors More Likely to Invest for Entertainment, Embrace Risk: FINRA SurveyConfusion about fees is widespread among investors of all ages, according to the survey.
December 15, 2022
3 Ways to Tailor Financial Plans for ClientsThese steps help each client feel respected and heard.
December 13, 2022
Where the Wealthy Plan to Spend, Invest More in 2023In a survey of investors with $2 million or more, 80% said they planned to spend more next year.
December 09, 2022
'We Have Met the Enemy, and He Is Us'Every financial professional needs a doctorate in protecting investors against fear.
December 09, 2022
Even 'Expert' Investors Seek Advice in Uncertain TimesEven those who consider themselves financially savvy are more likely to turn to a financial advisor as interest rates rise.