If you’ve ever let Netflix auto-play several episodes of a show before, you’ve seen a variation of the image above. It’s the unofficial signal that you’ve entered “binge mode”. Streaming content platforms, like Netflix, popularized binge-watching by giving us access to entire seasons or series instantaneously. To say that we’ve taken this access and run…
Financial Planning
Your Financial Plan is a Compass, Not a Map
When working with new clients at our firm, one of the biggest misconceptions we immediately dispel is that a financial plan will be some hundred-page leatherbound tome. Even just a mental image of such an elaborate document implies a degree of precision and permanence that is neither possible nor realistic. Don’t get me wrong, a…
“I Need Behavioral Coaching”…Said No One, Ever
According to a recent Morningstar study, investors do not perceive behavioral coaching from their advisor as a compelling value add. On a list of fourteen other attributes, “helps me stay in control of my emotions” was ranked dead last by the 693 investors surveyed about an advisor’s value. This sentiment is directly opposed to how…