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25: Uncovering Your Client's Most Meaningful Goals with Samantha Lamas

25: Uncovering Your Client's Most Meaningful Goals with Samantha Lamas

FromThe Human Side of Money


25: Uncovering Your Client's Most Meaningful Goals with Samantha Lamas

FromThe Human Side of Money

ratings:
Length:
86 minutes
Released:
Jun 9, 2021
Format:
Podcast episode

Description

We've all been inundated with information showing how behavioral biases impact financial decision making. But far less attention has been given to the fact that these same biases can undermine the identification and prioritization of goals. Research shows that there is indeed a gap between the goals clients think are important to them and the goals that are actually important. And that gap is forged by our biases and mental blind spots. Samantha Lamas and her colleagues at Morningstar have conducted the research for us and explains the impact these biases have and what advisors can do to help clients uncover their most meaningful goals. For more information and resources, visit www.wiredplanning.com/episode25.
Released:
Jun 9, 2021
Format:
Podcast episode

Titles in the series (100)

The Human Side of Money delivers actionable ideas and strategies to equip financial advisors with the skill set they need to master the human side of money. Whether you've been providing financial advice for 40 days or 40 years, it's evident that technology is shifting your value away from simply picking investments and providing financial plans. The future of advice will hinge on your ability to guide clients through the process, unearth their values and emotions around money, and ultimately, change their behavior for the better. Join your host, Brendan Frazier, as he interviews fellow financial advisors, industry consultants, and experts in the fields of behavioral finance, psychology and communication as they share everything you need to know to master the human side of money!