- Tony B. Davidow, CIMA
Tax law has always impacted financial planning, and that’s especially true in the last couple of years since the passage of recent tax law reform. For financial advisors and wealth managers, it’s especially important to stay on top of the situation.
Increasingly, we hear about behavioral economics — the way humans make financial decisions based on their biases. Today’s advisor needs to be well-versed in ways biases can impact their clients and create portfolios that fall in line with what is known about behavioral economics.