Key Highlights:

The Psychology of Financial Planning: Practitioner Resource Guide is a companion volume to The Psychology of Financial Planning. The Psychology of Financial Planning provides the what; The Psychology of Financial Planning: Practitioner Resource Guide provides the how.

The Psychology of Financial Planning: Practitioner Resource Guide addresses every principal knowledge topic for the psychology of financial planning domain.

Includes step-by-step guides, do's and don'ts lists, exercises, assessments, examples and other helpful figures and lists.

Topics Covered:

Understanding risk tolerance, including measuring risk tolerance and the impact of risk tolerance on financial decisions

How to develop and maintain a successful client-planner relationship, including how to forge a trusting relationship

How to gather data about clients' goals and values, as well as addressing clients' cultural values

Understanding how cognitive biases and heuristics impact a client's financial decisions

Identifying clients' psychological barriers, including pathological financial behaviors such as compulsive buying disorders, hoarding, financial dependence and financial enabling

How to build a client's motivation to achieve their financial goals

Examining couple and family financial transparency, including facilitating goal congruence

How to recognize and mediate financial conflict

Identifying financial manipulation and abuse

Utilizing verbal and nonverbal communication

How to help your clients navigate change and crisis situations