Take 15: The Behavior Gap (Video)
Carl Richards, a financial adviser and director of investor education at BAM ALLIANCE, explores the role that emotions play in financial decisions. He explains the so-called behavior gap — the distance between what we should do and what we actually do when it comes to decisions involving money — and discusses how financial advisers can become better advisers to their clients.
This episode of the Take 15 Series was originally released on 26 June 2013.
Are you viewing this post on a mobile device? Download the CFA Institute app from the App Store or Google Play to watch this and other videos.
Please note that the content of this site should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute.