Behavioral financial planning involves the development of practical techniques to overcome human weaknesses in decision making. By identifying these obstacles, our firm can help clients avoid irrational, reactionary behaviors when hearing current news stories or what economists say about the market, ultimately bringing them closer to their goals.
We invite you to watch the Mind Over Money videos below, featuring Kol Birke, director of technology product evolution and financial behavior specialist at Commonwealth Financial Network®, our broker/dealer–RIA. Kol provides a personal approach to tackling our financial behaviors and offers guidance for staying on track.
|Investors Do Worse Than Investments: Investors often rely on their emotions rather than their intellect. Learn why this can hinder investment-making decisions.|
|Don't Believe Everything You Predict: Learn why getting all the details doesn't necessarily improve your predictions.|
|A Riddle: Predictable or Unpredictable: Our brains naturally zero in on patterns. Learn how this affects the way you view your economic situation.|