Ditch Projections For Peer Benchmarking [177]

Hosts Jordan Haines and Reese Harper discuss insights from their recent webinar, examining how comparing oneself to peers can drive financial behavior change. Learn about the limitations of probability of success metrics and explore effective strategies for motivating clients by using comparative data. This episode offers valuable perspectives for financial advisors aiming to enhance client engagement and support better financial outcomes.

01:28 Probability of Success vs. Social Comparison

04:28 The Role of Social Comparison in Financial Advice

10:21 Using Data to Motivate Behavioral Change

13:58 Challenges and Solutions for Younger Generations

19:23 Concluding Thoughts and Next Steps