When financial advisors bring unique backgrounds and perspectives to the advisory process, including behavioral diversity, it can strengthen financial advice. That’s not only a win-win for advisor and ...
Behavioral finance advisors, or BFAs, are trained to help clients navigate the emotional and practical aspects of their finances. After all, investing should be a science, but it's often an art. And ...
Case Study 1: Carrie's Transformation: Carrie, driven by her curiosity about behavioral coaching for financial success, proactively sought guidance from a specialized coach, Lisa. Through a diligent ...
Books and articles on behavioral finance tend to discuss “the crazy things that clients sometimes do and not a lot about what we, as practitioners, are supposed to actually do about it,” said Kitces, ...
In this week's episode of the Financial Planning Podcast, one of behavioral finance's founding fathers explains why financial advisors who embrace their role as "wellbeing advisors" have the power to ...
When it comes to financial affairs, there are two schools of thought: Traditional financial theory and behavioral finance. Traditional financial theory assumes that people make decisions by gathering ...
The College for Financial Planning, located in Centennial, Colo., has become the first accredited college or university to offer an advisor-focused behavioral finance designation, the college said in ...
More than other healthcare expenses, costs of pediatric behavioral healthcare nearly doubled over 10 years and have caused ...
Between 2011 and 2022, the proportion of pediatric care costs related to behavioral health increased from 22.4% to 40.2%, nearly doubling.
Financial stress rarely appears as a line item in a budget, but it drives measurable losses across the organization.
Behavioral health care has surged to represent 40% of all medical expenditures for U.S. children in 2022, nearly doubling ...
Behavioral finance is the study of how psychology affects investor behavior and financial markets. The study of behavioral finance relies on the assumption that investors and other financial ...
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