0

By Anne Tergesen Advisers turn therapist to help clients understand their ‘money scripts’ Does your inner child have too much influence over your financial life? Do your finances stress you out? A growing number of so-called financial therapists want to help. Due in part to the rising popularity of behavioral finance—an academic field that holds […]

Continue Reading

Share:

0

By: jhbpsych0 SAN FRANCISCO–(BUSINESS WIRE)–Occidental Asset Management, LLC (OCCAM), a rapidly growing registered investment advisory firm (RIA), today announces the appointments of two Managing Principals to the executive leadership team: Dr. Brad Klontz, Psy.D., CFP�, Executive Director of Financial Psychology & Behavioral Finance, and Brian Davis, Executive Director of Strategy & Organizational  Development. Continue Reading

Continue Reading

Share:

0

By Jane Wollman Rusoff Brad Klontz, a psychologist and CFP, talks about the four paradigms that drive investors’ money behavior (and conflicts). Financial advisors who give financial therapy can stop clients from making portfolio-blowing investment decisions and encourage them to follow their advice overall. So says Dr. Brad Klontz, Psy.D., who is both a clinical […]

Continue Reading

Share:

Independent: Breathing space… Spending wisely

Published on 13 July 2015 by | Category: News, Updates

0

By Katie Byrne I’ve started drawing smiley faces on bills that I pay in restaurants, hotels and other service establishments. I realise it makes me look like a happy-clappy have-a-nice-day fanatic, but the benefits far outweigh the risks… and it’s always good to convey customer satisfaction. A smiley face represents abundance and it counterpoises feelings […]

Continue Reading

Share:

0

By Alex Kidman The truly wealthy are a bunch of fat cats who are to be despised, right? Thinking like that may be holding you back from accumulating your own wealth. That’s the thinking of psychologist Dr. Brad Klontz, who argues that what happens when you associate “rich” with “bad”, possibly at an early age, […]

Continue Reading

Share:

0

By Kathleen Elkins “Rich people are insensitive.” “Rich people are selfish.” “Rich people don’t have to work hard.” These beliefs and stereotypes pop up on the regular, but why? And how do these belief systems affect our own wealth? Personal finance expert Farnoosh Torabi delved into these questions on episode 116 of her podcast “So […]

Continue Reading

Share:

0

By Peter Farquhar 1. Adelaide Crows coach Phil Walsh was found dead this morning, allegedly murdered by his 26-year-old son. Police confirmed Walsh was found dead after they were called to a house in the Adelaide suburb of Somerton Park just after 2am. He was treated at his home but died at the scene. His […]

Continue Reading

Share:

0

By Karen Demasters There has been a lot of talk about behavioral finance in recent years and how it influences financial planning work. But one researcher, who happens to have a background as both a planner and psychologist, notes that the study of behavior and money has been limited in its reach because advisors need […]

Continue Reading

Share:

0

By Olivia Mellan and Sherry Christie Demographers speculate that at some not-too-distant point, minorities will become a majority in the U.S. This means advisors are more likely to face cultural differences that will affect the plans they create for clients. “Some clients come from cultures where the extended family is supported financially through thick and […]

Continue Reading

Share:

0

By Deevra Norling Last year while working at a shop that sold premium (i.e. expensive) kitchen appliances and cookware, I swiped the bank card of a customer making a purchase and it returned an error message. His lightning quick response was, “But there is money. I have a million in that bank account.” Isn’t that […]

Continue Reading

Share: