Investor Decision-making And The Role Of The Financial Advisor: A Behavioural Finance Approach
by Caterina Cruciani /
2017 / English / PDF
2.5 MB Download
This book looks at financial advisory from a behavioural
perspective, and focuses on how the nature of the relationship
between advisors and clients may affect the ability of the
advisor to perform its functions. Broken into three key parts,
the book looks at the client, the advisor, and the relationship
between the two. Chapters review relevant theories of
decision-making under risk to understand the nature of clients’
decisions. The literature on advisors’ functions and the
normative landscape regulating financial advisory are also
addressed. Finally, this book reviews how behavioural
finance has traditionally addressed portfolio selection and
explains how trust can be seen as a viable avenue to maximize
advisors’ effectiveness and pursue clients’ needs.
This book looks at financial advisory from a behavioural
perspective, and focuses on how the nature of the relationship
between advisors and clients may affect the ability of the
advisor to perform its functions. Broken into three key parts,
the book looks at the client, the advisor, and the relationship
between the two. Chapters review relevant theories of
decision-making under risk to understand the nature of clients’
decisions. The literature on advisors’ functions and the
normative landscape regulating financial advisory are also
addressed. Finally, this book reviews how behavioural
finance has traditionally addressed portfolio selection and
explains how trust can be seen as a viable avenue to maximize
advisors’ effectiveness and pursue clients’ needs.
This book will be of interest to both behavioural finance
scholars and practitioners interested in understanding what the
future of financial advisory may have in stock.
This book will be of interest to both behavioural finance
scholars and practitioners interested in understanding what the
future of financial advisory may have in stock.
