Walking the Talk – The Psychological Importance of Consistency
In business, we often make strong claims about who we are, why someone would want [...]
Jul
Combatting the Perceived Ease of Investing
On a recent mastermind call I hosted for advisors we discussed the challenge that investing [...]
Jun
My Ride Along with the St Paul Police
The other week I fulfilled a boyhood dream of riding along with a police officer. [...]
Jun
A Financial Plan Is Not Enough
We can break down ways to invest into two basic categories: Based on a plan [...]
Jun
Beware When Complacency Abounds
The “Coronacrash” is history. The crisis, subsequent fiscal and monetary policy stimulus and vaccines have [...]
May
Podcast: Behavioral Finance Applications for Advisors
I was recently a guest on The Human Side of Money Podcast. This was initially [...]
May
Bitcoin, Buffett & The Confirmation Bias
I was listening to a webinar earlier this week hosted by Ric Edelman with Matt [...]
May
Perception > Truth
Most people would agree that knowing a truth is important. We are driven to find [...]
May
Highest Rated Client Article From 2020
Many financial advisors do a good job of staying in front of their clients and [...]
May
Are Chatbots the Future of Financial Advice?
Artificial intelligence continues to make great progress as we seek greater efficiency in our businesses [...]
Apr
What I Learned About Investing by Walking My Dog
A few weeks ago I was walking my dog. He is a seven-year old British [...]
Apr
Deceptive Ads – Part 2
Last week I wrote about an ad I encountered on Facebook about a trading program [...]
Apr
This Type of Ad Could Make Your Clients Jump Ship
This is a recent coaching message to members of The Behavioral Finance Network. The financial [...]
Mar
Improving Habits: Help Your Clients Develop Better Investment Habits
Over 40% of our daily activities are not conscious decisions, rather habits. These daily activities [...]
Mar
3 Tips to Improve An Advisor’s Website
Many financial advisor websites lack the ability to engage and impress a website visitor. It [...]
Mar
Frigid Cold, Earthquakes & Investing
At first glance it may seem that the cold Texas just endured, earthquakes and investing [...]
Feb
Becoming a Passive Investor
Over the past several years, investors and experts have debated passive vs active investing. Passive [...]
Feb
The Lure of Envy
The color green is attributed to many positive things in life. Green is often used [...]
Feb
How Advisors Benefited From Behavioral Finance in 2020
2020 was quite a year! The crisis was an opportunity for advisors to rise to [...]
Jan
It Could Have Been Worse
Many people love surprises. A surprise party. A surprise gift. A surprise visitor at the [...]
Dec
Using Behavioral Finance to Communicate More Effectively
Behavioral finance is using psychological principles in the business of finance and economics. But the [...]
Nov
When Better is Worse
Just over a week ago… I got a text and email from American Express asking [...]
Nov
Improving Your Website to Get More Business
I created this video for Behavioral Finance Network members on August 5th and think it [...]
Nov
How Did I Miss That?
The other day I was pondering on what the economy and market may do in [...]
Oct