Believe it or not, good news in the financial industry may be making your clients feel more stressed out. Not only that, you may be a major source of stress in your clients' lives. These surprising sources of stress are dissected by Angie Herbers in Investment Advisor's November issue. Herbers also demonstrates what you can do to keep stress at bay, both for you and your clients.
Also in November, Savita Iyer-Ahrestani takes a closer look at managed futures. They're not the most exciting product on the market, but considering the myriad risks your clients are facing, they may be happy to forgo a little excitement for a while.
Clients get stressed by things you wouldn't predict. Research from the Kansas State University Financial Planning Research Center found that contrary to what you might think, client stress goes up when watching financial news, and hearing that the market went up causes stress levels to rise even higher. Angie Herbers explains this phenomenon and shares ways advisors can keep their clients' stress at a manageable level.
There are plenty of reasons to not like risk these days: the condition of the global economy, for instance, and Europe's sovereign saga.
Then there's the 2008 financial crisis, still fresh in many minds. The memory of the losses they suffered is painful four years later, exacerbated by the disappointment from investment strategies that promised to deliver and didn't.
Savita Iyer-Ahrestani uncovers where investors are finding ways to minimize risk and protect on the downside.