Over the past 20 years or so, we’ve observed many doctors making common mistakes at all stages of their careers. We have taken our observations, as well as enlightening discussions with well-established professionals in wealth preservation spaces to bring you our Asset Protection Series: Interviews dedicated to bringing awareness to various risks that can affect your wealth. Anthony Williams and our guest of the week will discuss critical questions to consider and provide tips on how to work towards obtaining comprehensive asset protection. Be sure to check out our other informative interviews here.

This week we are excited to present our behavioral finance interview with Certified Financial Planner practitioner, Investment Advisor Representative, and Behavioral Economist Jay Mooreland!

To help advisors increase their value and coach their clients to make better financial decisions, Jay founded The Behavioral Finance Network and has created several behavioral applications for businesses. In addition to speaking across the globe on the topic of investor behavior, he has published several articles in industry journals and wrote the Amazon bestseller, The Emotional Investor: How Biases Influence Our Investment Decisions…and what you can do about it. Academically, Jay obtained a Bachelor of Science in Finance from San Jose State University and a Master of Science in Applied Economics from the University of Minnesota. Watch our Whiskey & Wealth Wednesday introducing Jay!

Our hope in providing these interviews is to continue our mission of helping doctors and their families grow their net worth tax-efficiently while minimizing exposure to litigation, loss of wealth, and detrimental career risks. Enjoy!

Behavioral Finance Interview Questions & Topics

1. Thinking about retail investors specifically, what are some of the behavioral issues you’ve witnessed or experienced, and what can they do to overcome them?

2. Taking into consideration COVID-19 & all of the social/civil movements happening, what are some of the things wealth strategists can do to overcome mental biases?

3. What can people do when facing a loss that will help them manage expectations and make better decisions?

Watch the full interview with Jay Mooreland

If you’d like to learn more about this subject or have any questions, please feel free to contact us.

By Anthony C. Williams, CWS, ChFC, MRFC, CLU | Investment Advisor Representative | President & Founding Partner of Mosaic Financial Associates & Orthopaedist Advisory Group | Securities and advisory services offered through Cetera Advisors LLC, Member FINRA/SIPC, a broker/dealer and a Registered Investment Advisor. Cetera is under separate ownership from any other named entity.