The Psychology of Financial Planning: Practitioner Resource Guide
eBook - ePub

The Psychology of Financial Planning: Practitioner Resource Guide

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  1. 196 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

The Psychology of Financial Planning: Practitioner Resource Guide

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About This Book

Key Highlights:

  • The Psychology of Financial Planning: Practitioner Resource Guide is a companion volume to The Psychology of Financial Planning. The Psychology of Financial Planning provides the what; The Psychology of Financial Planning: Practitioner Resource Guide provides the how.
  • The Psychology of Financial Planning: Practitioner Resource Guide addresses every principal knowledge topic for the psychology of financial planning domain.
  • Includes step-by-step guides, do's and don'ts lists, exercises, assessments, examples and other helpful figures and lists.

Topics Covered:

  • Understanding risk tolerance, including measuring risk tolerance and the impact of risk tolerance on financial decisions
  • How to develop and maintain a successful client-planner relationship, including how to forge a trusting relationship
  • How to gather data about clients' goals and values, as well as addressing clients' cultural values
  • Understanding how cognitive biases and heuristics impact a client's financial decisions
  • Identifying clients' psychological barriers, including pathological financial behaviors such as compulsive buying disorders, hoarding, financial dependence and financial enabling
  • How to build a clients' motivation to achieve their financial goals
  • Examining couple and family financial transparency, including facilitating goal congruence
  • How to recognize and mediate financial conflict
  • Identifying financial manipulation and abuse
  • Utilizing verbal and nonverbal communication
  • How to help your clients navigate change and crisis situations

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Information

Year
2023
ISBN
9781954096912
Topic
Law
Subtopic
Antitrust
Index
Law

Table of contents