Dr. Emily Koochel - A Fresh Perspective on Financial Psychology
Standard Deviations with Dr. Daniel Crosby
English - March 16, 2023 04:00 - 45 minutes - 41.3 MB - ★★★★★ - 102 ratingsEducation invesment how to invest dr. daniel crosby behavioral finance fintech daniel crosby befi behavioral economics investor psychology investor emotion Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Tune in to hear:
- How does Dr. Koochel define financial wellness, how did she arrive at this definition and what practical difference does this make in her work?
- What are three actionable steps advisors can take to incorporate financial wellness into their planning conversations?
- How can advisors point out inconsistencies between someone’s professed values and their actions while remaining empathetic and thoughtful about how they communicate this?
- What is the role of financial psychology in meeting the demand for personalization and what do some of these solutions look like?
- What are some of the road blocks to implementing financial psychology in practice?
- Some people just want an old school advisor who is a subject matter expert and who simply allocates their assets effectively. What does personalization look like for this client and do we have a duty to sell them on the BeFi side of things?
- Should BeFi approaches be embedded in one’s advisory practice in a subtle way or should firms advertise this feature directly?
- How can financial advisors better serve their clients during big life transitions beyond simply reaching a numeric investment goal?
https://www.linkedin.com/in/emilykoochel
Compliance Code: 0409-OAS-2/10/2023
Copy: 0356-OAS-2/7/2023