Publisher Description

An investor’s risk attitude is a stable characteristic, like a personality trait, but risk-taking behavior can change based on the investor’s age, recent market events, and life experiences. These factors change investors’ perceptions of the risks. Differences in risk tolerance between men and women or in different circumstances trace back to emotional as much as rational considerations. Financial advisers should consider all of these factors when advising clients and can use four simple steps to incorporate best practices: be aware, educate, nudge, and hand hold.

GENRE
Business & Personal Finance
RELEASED
2018
March 31
LANGUAGE
EN
English
LENGTH
16
Pages
PUBLISHER
CFA Institute Research Foundation
SELLER
Research Foundation of CFA Institute
SIZE
4.7
MB