ABCs of Behavioral Biases (A to F)
Four self-inflicted biases that knock a number of investors off-course are anchoring, blind spot, confirmation and familiarity bias.
We are happy to announce that Aly Stadelmann has joined Impact Advisors Group as our Director of Impact. She will focus on client engagement, ensuring that our recommendations are customized to each family’s wants and needs.
Aly and her husband, Ryan, are lifelong residents of Duxbury, Massachusetts. She is the loving mother of four children: Evan (15), Ayla (14) and identical twins, Olivia and Emily (12). Aly truly values time with her family, both immediate and extended, and finds joy cheering on her children, whether on the soccer field or on the stage.
As the Director of Impact, Aly will lead our firm’s efforts to facilitate client requests and help facilitate the onboarding process for new clients. With Aly’s coordination, we hope to enhance our clients’ satisfaction and the IMPACT IAG has on their financial future. Aly will also play a key role in the assimilation of other professionals that join IAG’s growing team.
When building out a financial plan, it is easy to become overwhelmed by numbers and details. Aly will be there to assist our clients during this process, making it less overwhelming.
Aly is a kind and empathetic person who genuinely cares about others. She is easy to talk to and has spent much of her professional career making others feel confident in their skin. She is also gifted at helping clients narrow down what is most important to them, now and in the future. These unique abilities are what make Aly IMPACTful, and it is how she will help us learn more about our clients so we can better serve them.
FREE FINANCIAL ASSESSMENT
With all the uncertainty and volatility in today’s economy, the time is now to take a thorough look at your finances. To accurately plan for your financial future, you must first know where you currently stand. For these reasons, our Success Team at Impact Advisors Group is offering a free financial assessment for both individuals and business owners. Request yours today!
This post was prepared and first distributed by Wendy J. Cook.
Four self-inflicted biases that knock a number of investors off-course are anchoring, blind spot, confirmation and familiarity bias.
Legendary economist Benjamin Graham once stated that ‘your own behavioral biases are often the greatest threat to your financial well-being.’
If you file tax returns separately AND are separated from your partner, colleges consider you a two-household family.
Take some time to map out how to pay for all four years before your student gets the bill for freshman year.