학술논문
Investment Diversification and Client Resistance: A Behavioral Understanding: The most well-laid-out plans will still fail if the client resists recommendations.
Document Type
Article
Source
Subject
*Portfolio diversification
*Personal finance
*Financial planning
*Wealth management services
*Behavioral economics
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Language
ISSN
1040-3981
Abstract
The article presents behavioral understanding of investment diversification and client resistance with laid-out plans of client resists recommendations. Topics include working with novice investors and their portfolios containing overweighed positions, financial planners' pleas for diversification to clients; and initial financial advice and preliminary financial education from social media platforms.