Help identify psychological traps that can hurt returns
Helping clients identify how emotion affects their decision-making process regarding investing will become even more important if stock markets or the economy take a turn for the worse this year
Research suggest these insights are an important complement to traditional approaches to financial literacy
New fund aims to profit from the collective effects of investors’ emotional mistakes
Financial planners and financial advisors need to understand the behavioural finance categories that their clients fit into
TD Discovery Tool, which is modelled on behavioural finance, can produce a wealth personality report that highlights investors’ key traits
Financial planners and financial advisors can use behavioural psychology enabled by technology to help clients save more for retirement
Understanding clients’ emotions and establishing your value as an advisor are important ways to build trust
Moira Somers, a clinical neuropsychologist, professor, financial recovery expert based in Winnipeg, explains practical techniques for bringing clients back to their best and clearest thinking. She spoke at the CFP Professional Symposium in Toronto.
Chairman emphasizes the growing role behavioral economics and social media will play in IOSCO’s work