Advising a Couple That Fears a Financial Crisis
Michael Pompian outlines the case of a high-net-worth couple whose investment behaviors may get in the way of their goals.
This is the ninth article in a series focusing on behavioral investor types and intended to help advisors strengthen their relationships with their clients by helping them better understand clients' financial personalities. Once advisors understand the various investor types at play, they can adjust their advisory approach for each type.
We have reached the point in this series where you will practice applying your learning of behavioral finance using a fictional client case study. The key questions to be answered are: