The speakers discuss the hesitation of advisors in questioning financial plans during a bear market and emphasize the importance of diversification, asset allocation, and managing client expectations. They also talk about the role of financial planners in coaching clients through difficult market events and expanding their frame of reference to make better decisions.
Dr. Charles and Dr. Brad discuss 7 ways advisors can help their clients through this difficult market, including steps that financial planners can take to care for themselves and make the most our of this challenging time in the market. The conversation meanders from zombies to dogs to new initiatives related to the Psychology of Financial Planning.