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.
Avoid These Behavioral Traps When Markets Slump
By Daniel S. KernEconomic growth is likely to slow from peak levels in the coming months. Coach your clients to avoid these common impulses.
June 21, 2021
When the Prospect Says: 'I'm Thinking of Using a Financial Planner'This objection can mean many things, including that they don't know advisors can also be planners.
June 02, 2021
Social Media Sparks Teens' Interest in Finances, InvestingThe GameStop frenzy stoked a lot of investing interest among teens, a Wells Fargo survey found.
May 12, 2021
How Much Money Does It Take to Be Wealthy?Schwab, who asks this question every year, found the dollar amount cited by survey respondents dropped significantly from 2020.
May 04, 2021
This Hidden Flaw Can Lead to Grave Errors in Economic PredictionsCass Sunstein, who wrote a book on this phenomenon with Daniel Kahneman, tells ThinkAdvisor how advisors can reduce its influence.
April 09, 2021
Home Prices Soar in Frenzied U.S. Market Drained of SupplyDemand is so fierce that almost half of U.S. homes are selling within a week of hitting the market, a record pace, according to Redfin.
April 09, 2021
Pro Bono Financial Planning Surged in 2020, Group SaysGrantees and partners provided 27% more one-on-one advice sessions than in 2019, the foundation said.
April 06, 2021
Wealthy Americans Reveal How They've Picked Advisors, Investments in the PandemicAbout 44% of Bank of America poll respondents have changed their investment risk tolerance during the healthcare crisis.