CPD Courses  

How to cater for a new but nervous investor

  • Consider the factors behind investor nervousness.
  • Explain how to establish an effective risk-profiling assessment.
  • Understand how to build resilience in new clients.
CPD
Approx.30min

Advisers can also help nervous clients to overcome the indecision or excessive caution that may mean they fall short of their financial goals. This, of course, is just the beginning of the process. Throughout the relationship, an adviser must provide comfort and support during times of market volatility, as well as ongoing education.

Louis Williams is head of psychology and behavioural insights at Dynamic Planner

Article continues after advert

CPD
Approx.30min

Please answer the six multiple choice questions below in order to bank your CPD. Multiple attempts are available until all questions are correctly answered.

  1. What should advisers do with a new client who shows hesitancy about investing in the stock market?

  2. A financial planner who has an in-depth understanding of a client’s unique circumstances has no bearing on whether the client has a sense of wellbeing.

  3. What is the inclination to give weight to recent experiences known as?

  4. What is regret aversion bias?

  5. While most rational investors will convince themselves they will hold their investments during times of volatility, the reality is often different.

  6. What is one way that an adviser can remove the emotion-eliciting solution from a client’s financial planning focus according to the author?

Nearly There…

You have successfully answered all the questions correctly, well done!

You should now know…

  • Consider the factors behind investor nervousness.
  • Explain how to establish an effective risk-profiling assessment.
  • Understand how to build resilience in new clients.

I completed this CPD in

To bank your CPD please complete the form below.

Were the stated learning objectives met?

Why weren't they met?

What did you learn from undertaking this CPD exercise?

Why did you undertake this piece of learning?

Any comments about this article or FTAdviser's CPD in general?

Banked!

Congratulations, you have successfully completed and banked this piece of CPD

Already Banked!

You have already banked for this article.

To bank your CPD you must sign in or

Register

One or more questions have been incorrectly answered,
 please review your answers and try again.

Please complete all the above text fields to bank your CPD.

More Investments CPDSee my completed CPDSee all CPD