Last month Knowledge@Wharton interviewed Charlotte Beyer about her recently published book, Wealth Management Unwrapped, covering topics of active versus passive investing, how to assess risk and what builds trust in the investor advisor relationship. The 18 minute interviewed can be viewed by clicking here.
In this November interview with Wall Street Journal reporter, Veronica Dagher, asks Charlotte Beyer to describe common misconceptions advisors have about the rich. Beyer then explains how courage can overcome misunderstandings in the investor advisor relationship.
When working with private investors, advisors sometimes forget a key part of a system that will insure their success. And similarly, investors forget to let the advisor help them be more specific on outcomes, benchmarks and testing hopes against reality!
This blog describes clearly and succinctly an important Note to advisers and clients: Write Your Investment Plan