Browsing Tag
Behavioral Finance
24 posts
3 Questions to Help Anxious Clients Refocus: Excel 401(k) Digital Series
The coronavirus pandemic has caused stress for everyone, and plan sponsors are not immune. Advisors may find themselves…
First Advisor-Focused Behavioral Finance Designation Debuts
We’re big believers in the merits of behavioral finance here at 401k Specialist, so we were intrigued to…
6 Reasons Advisors Have Trouble Overcoming Client Objections: Excel 401(k) 2020 Digital Series
Any advisor who has spoken to a client knows the frustration of making a well-reasoned recommendation only to…
Using Behavioral Finance to Improve Employee Outcomes: Excel 401(k) 2020 Digital Series
“As 401(k) advisors, a lot of what we do is counseling,” said Kelli Grelles, who considers herself a…
Nobel Know-How With Richard Thaler
Richard Thaler went momentarily dark when we attempted to confirm our cover story, prompting a follow-up inquiry. “Thanks for the…
Behavioral Biases Affect Advisors, Too
Advisor behavioral biases like overconfidence and regret avoidance shape decisions. Awareness helps strengthen advisor-client relationships.
10 Tips for Better Retirement Savings Behavior
We’re our own worst enemies. Whether it’s Billy Beane and Bay-Area baseball, or the Patriots’ pick in the…
How ‘Alphabeticity Bias’ in 401(k)s Hurts Outcomes
Research shows 401(k) alphabeticity bias leads to higher allocations for early-listed funds, affecting retirement investment choices.
How to Help Break Bad 401(k) Behavior
Our ears always prick when Nobel laureate Richard Thaler’s name is dropped. Christine Long from PIMCO explains.…
We Make (Literally) Thousands of Decisions Each Day, But Not About Finances
35,000—that’s the number of decisions we make each day, but seven in 10 of us postpone those that involve finances.…