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.
Nearly a Third of Investors Cop to Trading While Drunk: Survey
By Michael S. FischerSelf-directed investors were more likely than those with advisors to regret an investing decision, a MagnifyMoney survey found.
July 27, 2021
Avoid These Behavioral Traps When Markets SlumpEconomic growth is likely to slow from peak levels in the coming months. Coach your clients to avoid these common impulses.
June 29, 2021
Why Annuities Work Like a 'License to Spend' in RetirementRetirees spend more if they hold their wealth as guaranteed income, and not as investments, as they age.
June 23, 2021
BofA Rolls Out Digital Retirement Program With Merrill OptionClients of BofA's Personal Retirement Strategy can make their own 401(k) investments or pay to have their portfolio managed by Merrill.
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.