Importance of the Behavioral Approach to Wealth Management & Financial Planning

Importance of the Behavioral Approach to Wealth Management & Financial Planning

Behavioral finance plays a crucial role in the financial planning we do at the Athenian Private Client Group and it’s part of the Human Element Program we roll out for clients. Today we want to explore the psychology of finance, explain our approach, and look at the role it plays in investing.   Here’s what we discuss in this episode: 0:00 – Intro  0:35 – Psychology of finance 2:27 – The questionnaire  4:34 – Observations 6:40 – Behaviors impacting investments 8:28 – The role of an advisor 11:35 – The first steps Have questions or want to get your financial plan started? Here's how to contact us: Website: https://theaudibleadvisor.com/ Phone: (727) 754-8418 Email: svassilakos@athenianpcg.com [svassilakos@athenianpcg.com] Watch the show on YouTube: https://bit.ly/3VmzCUx [https://bit.ly/3VmzCUx]

Steering Clear of Retirement Stress

When we think of retirement, we often imagine a life free of stress, full of leisure and relaxation. However, the truth is that retirement can be one of the most stressful events in a person's life. In this episode, we’ll look at the ways to proactively deal with the stress surrounding the retirement process. Here’s what we discuss in this episode: 0:00 – Intro 1:31 – Adjusting to a new lifestyle after retirement  3:00 – Embracing new opportunities in retirement 4:50 – Changing priorities over the course of retirement 8:07 – Keeping a sense of perspective  9:52 – The importance of having a good advisor   Have questions or want to get your financial plan started? Here's how to contact us: Website: https://theaudibleadvisor.com/ Phone: (727) 754-8418 Email: svassilakos@athenianpcg.com [svassilakos@athenianpcg.com] Watch the show on YouTube: https://bit.ly/3VmzCUx [https://bit.ly/3VmzCUx]

Retirement Questions That Baby Boomers Are Asking

Each generation is currently navigating a unique part of the retirement planning experience. Right now, the baby boomers are retiring every day at record numbers. This major life event comes with a handful of financial planning questions that every baby boomer should be asking, and today we’ll do our best to provide some answers. Here’s what we discuss in this episode: 0:00 – Intro  1:37 – Managing risk of market volatility 3:17 – Turning saving into retirement income 5:18 – Healthcare costs 7:19 – Passing along your wealth 9:52 – Maximizing Social Security benefits 12:06 – Downsizing or relocating in retirement Have questions or want to get your financial plan started? Here's how to contact us: Website: https://theaudibleadvisor.com/ Phone: (727) 754-8418 Email: svassilakos@athenianpcg.com [svassilakos@athenianpcg.com] Watch the show on YouTube: https://bit.ly/3VmzCUx [https://bit.ly/3VmzCUx]

Don’t Make These Income Planning Mistakes

Are you planning for your retirement with the confidence that you're making all the right moves? In today's episode, we'll unveil the crucial income planning mistakes that could jeopardize your retirement and show you how to craft a financial plan that's built to last decades, not just years.  One of the most challenging aspects of retirement is transitioning from a regular paycheck to creating your own income, but it can be made easier by working with a financial advisor. We’ll give you a look into our income planning process and explain why these mistakes could cost you. Tune in to ensure your retirement strategy is foolproof against common pitfalls and ready to secure your financial future.    Here’s what we discuss in this episode: 0:00 – Intro  0:45 – Importance of income planning 2:34 – Longevity 4:33 – Social Security 6:27 – Bonds 8:06 – Inflation 10:26 – Lifetime income streams 13:56 – Review and adjust Have questions or want to get your financial plan started? Here's how to contact us: Website: https://theaudibleadvisor.com/ Phone: (727) 754-8418 Email: svassilakos@athenianpcg.com [svassilakos@athenianpcg.com] Watch the show on YouTube: https://bit.ly/3VmzCUx [https://bit.ly/3VmzCUx]

The Questions You Must Ask Your Financial Advisor

Have you ever wondered what questions to ask your financial advisor, or why those questions are crucial? In today’s episode, we’re tackling exactly that. We're discussing the vital questions that bring transparency and depth to your financial advisory relationship.  It's about getting clarity on how advisors work, what they specialize in, and how they align with your financial goals. These are the questions you MUST ask your financial advisor. We explain why each of these items is important for identifying an advisor that will be a good fit and explain how we answer these questions from the people we meet with. Here’s what we discuss in this episode: 00:00 - Introduction and Importance of Asking the Right Questions 01:19 - How Do You Get Paid? 03:59 - Investment Philosophy 05:03 - Advisor's Strengths and Specialties 06:59 - Establishing Communication Expectations 07:32 - Working with the Advisor or Their Team 09:16 - Educational Resources and Workshops 13:00 - Emergency Situations and Succession Planning 14:04 - Initial Meeting Process Have questions or want to get your financial plan started? Here's how to contact us: Website: https://theaudibleadvisor.com/ Phone: (727) 754-8418 Email: svassilakos@athenianpcg.com [svassilakos@athenianpcg.com] Watch the show on YouTube: https://bit.ly/3VmzCUx [https://bit.ly/3VmzCUx]