Description

If you have been a practitioner for any length of time, you know that there is often a difference between what clients should do and what they actually do. Have you ever wondered why that is? In this course, we will explore how we make decisions with less-than-perfect information. Through real-life examples and case studies, we will examine common behavioral biases and how to deal with them.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Instructor: David Peters

Target Audience

CPAs and financial advisors who want to know more about basic behavioral finance biases exhibited by investors

Course Objectives

After attending this presentation, you will be able to...Recall the difference between the rational economic person concept and behavioral economicsRecognize how common information processing and emotional biases affect client financial decisionsIdentify how standard of living risk affects a practitioner’s methods in dealing with behavioral biases

Subjects

The major topics that will be covered in this course include:Overview of biases and standard of living riskOverview of difference between emotional and processing biasesExamples of various real life examples and case studies

Prerequisites

Basic understanding of client financial needs