Mark Halloran, Managing Director, Head of Business Development Individual Markets, Transamerica discusses holistic retirement planning and why managing client emotions is key to building long-term wealth.
Emotional investing can lead to a lot of short-sided decisions, this phenomenon is heightened during times of uncertainty. Halloran explains how advisors can embrace the human element of investing, while still keeping clients on track towards their retirement goals. Setting investor expectations and having a proactive conversations surrounding protentional market changes is critical. For more resources around behavioral finance and client conversation starters, head here.
Transamerica has provided financial services for over 100 years. They actively help clients save, invest, and protect their assets in preparation for retirement. Transamerica’s parent company Aegon is a central supplier of life insurance, pensions, and asset management. Transamerica offers retirement solutions, mutual funds, annuities, insurance, employee benefits, and exchange traded funds. They also have opportunities for education on topics ranging from debt to business building to protection.
To learn more, register and watch Transamerica’s webcast: The Power of Behavior to Build Wealth + Health.
From the sage investor to the novice with little to no experience, humans are inherently emotional and often irrational when it comes to money decisions. This year alone, we’ve already seen how a global pandemic, unstable markets, and a sensationalized news cycle can influence investor behavior. This begs the question: How can financial professionals help keep their clients on track through uncertainty? This presentation will cover:
- How investor behavior impacts long-term financial security
- Why behavioral finance insights are more important now than ever
- How to save investors from the fallouts of emotional investing
- Effective tools and strategies to help clients weather the storm