We invited not one, but two academics in the field of financial planning to a panel discussion. Drs. Nathan Harness and Michael Guillemette joined us to talk about a paper Dr. Guillemette just finished up on the subject of aging clients. There's a lot of research on the subject of how client behavior changes as they reach more advanced years, and Michael took on the herculean task of trying to make sense of it all.
In this episode, we walk through the sections of the paper, with Ben and Roger offering up examples from everyday practice in the field of financial planning. Some elements of the research rung true, while other elements got a little pushback. That's right! This wasn't one of those panel discussions where everybody just agrees with each other.
If you're interested in checking out the paper we discussed, here is a copy. NOTE - This was not the final draft that went to print! We discussed a version that was not quite final.
(We'll link the final version of the paper once it's published.)
For more information on our panelists: