Advising a Young Risk-Taker
Michael Pompian outlines the case of an aggressive investor with sizable near- and long-term goals.
This is the 11th 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:
Michael Pompian does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.