From Financial Advisers to Well-Being Advisers

M. Statman
{"title":"From Financial Advisers to Well-Being Advisers","authors":"M. Statman","doi":"10.3905/jwm.2023.1.202","DOIUrl":null,"url":null,"abstract":"Well-being is more than financial well-being. The domains of well-being also include family and friends, health, both physical and mental, education, work and activities, values, religion and spirituality, and more. Whereas many financial advisers see themselves as wealth managers, focusing on maximizing clients’ wealth, well-being advisers strive to maximize clients’ well-being. Financial advisers must evolve into well-being advisers if they are to compete for today’s clients and future ones, because many of the traditional services of financial advisers, whether portfolio asset allocation or portfolio rebalancing, are now generic, provided by robo-advisers at lower costs. Well-being advisers enhance not only the well-being of their clients but also their own, turning a job and career into a vocation whereby they do good for themselves as they do good for their clients.","PeriodicalId":39998,"journal":{"name":"Journal of Wealth Management","volume":"26 1","pages":"70 - 75"},"PeriodicalIF":0.0000,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Wealth Management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3905/jwm.2023.1.202","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0

Abstract

Well-being is more than financial well-being. The domains of well-being also include family and friends, health, both physical and mental, education, work and activities, values, religion and spirituality, and more. Whereas many financial advisers see themselves as wealth managers, focusing on maximizing clients’ wealth, well-being advisers strive to maximize clients’ well-being. Financial advisers must evolve into well-being advisers if they are to compete for today’s clients and future ones, because many of the traditional services of financial advisers, whether portfolio asset allocation or portfolio rebalancing, are now generic, provided by robo-advisers at lower costs. Well-being advisers enhance not only the well-being of their clients but also their own, turning a job and career into a vocation whereby they do good for themselves as they do good for their clients.
查看原文
分享 分享
微信好友 朋友圈 QQ好友 复制链接
本刊更多论文
从财务顾问到幸福顾问
幸福不仅仅是经济上的幸福。幸福的领域还包括家庭和朋友、身体和精神健康、教育、工作和活动、价值观、宗教和灵性等等。虽然许多财务顾问将自己视为财富管理者,专注于最大化客户的财富,但幸福顾问努力最大化客户的幸福。如果财务顾问想要争夺现在和未来的客户,就必须向福祉顾问发展,因为财务顾问的许多传统服务,无论是投资组合资产配置还是投资组合再平衡,现在都是通用的,由机器人顾问以较低的成本提供。幸福顾问不仅提高了客户的幸福,也提高了他们自己的幸福,把工作和职业变成了一种职业,在这种职业中,他们为客户做好事的同时也为自己做好事。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 去求助
来源期刊
Journal of Wealth Management
Journal of Wealth Management Economics, Econometrics and Finance-Economics and Econometrics
CiteScore
1.10
自引率
0.00%
发文量
32
期刊最新文献
The Safe-Haven and Hedging Properties of Agricultural Commodities Editor’s Letter Adding Art to Your Portfolio: A New Risk Assessment Framework Corporate Ownership of Fine Art: Firm Valuation, Societal Impacts, and Philanthropy Asset Allocation—Commodities or Commodity Stocks?
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
已复制链接
已复制链接
快去分享给好友吧!
我知道了
×
扫码分享
扫码分享
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1