Titlebook: Investor Decision-Making and the Role of the Financial Advisor; A Behavioural Financ Caterina Cruciani Book 2017 The Editor(s) (if applicab

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Financial Advisory: Basic Roles and Functionschapter shows that the main goal of financial advisory—improving financial returns—is not effectively pursued..This chapter looks at the ancillary roles that advisors play, which include information transmission, financial education and biases management. The literature assessing the effectiveness o

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Behavioural Financial Advisory Practicesory practices..The different approaches to the existence of biases (eliminating or limiting biases) and their implications are reviewed, looking in particular at the foundations of behavioural portfolio theory and to how it can be translated into specific practices..The chapter also discusses how f

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