Behavioral Finance Biases
Online
1.00 Credits
Member Price $55.00
Non-Member Price $75.00
Overview
If you have been a practitioner for any length of time, you know that there is often a difference between what clients should do and what they actually do. Have you ever wondered why that is? In this course, we will explore how we make decisions with less-than-perfect information. Through real-life examples and case studies, we will examine common behavioral biases and how to deal with them.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Objectives
After attending this presentation, you will be able to...
- Recall the difference between the rational economic person concept and behavioral economics
- Recognize how common information processing and emotional biases affect client financial decisions
- Identify how standard of living risk affects a practitioner’s methods in dealing with behavioral biases
Highlights
The major topics that will be covered in this course include:
- Overview of biases and standard of living risk
- Overview of difference between emotional and processing biases
- Examples of various real life examples and case studies
Designed For
CPAs and financial advisors who want to know more about basic behavioral finance biases exhibited by investors
Prerequisites
Basic understanding of client financial needs
Preparation
None
Notice
You will receive an email from CPA Crossings via Webex with instructions to access the webinar.
Leader(s):
Leader Bios
David Peters, Peters Professional Education LLC
David R. Peters, CPA, CFP, CPCU, MST, MBA
David Peters is the Founder and Owner of David Peters Financial Group and Peters Tax Preparation & Consulting, PC. David has over sixteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry.
David was the first-ever Chief Financial Officer at Compare.com - a position he held for more than three years. Currently, David is a National Instructor for the AICPA, Surgent, and Kaplan. He regularly teaches courses in accounting, finance, insurance, financial planning, and ethics throughout the United States. David holds four master’s degrees, and is currently pursuing his PhD in Financial Planning. He contributes regularly to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. David was also a co-author of the 2018 Virginia CPA Ethics course – a required course for all CPA’s licensed in the Commonwealth of Virginia.
Non-Member Price $75.00
Member Price $55.00