Do Financial Advisers Influence Savings Behavior?

This report reviews evidence from the research literature about whether working with a financial adviser improves savings behavior, in general, as well as saving for long-term goals, particularly retirement. Individuals who receive professional financial advice are likely to be more financially heal...

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Main Authors: Burke, Jeremy, Hung, Angela A.
Format: Online
Sprog:engelsk
Udgivet: RAND Corporation 2023
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Online adgang:ONIX_20231005_9780833093875_1376
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author Burke, Jeremy
Hung, Angela A.
author_browse Burke, Jeremy
Hung, Angela A.
author_facet Burke, Jeremy
Hung, Angela A.
author_sort Burke, Jeremy
collection Directory of Open Access Books
description This report reviews evidence from the research literature about whether working with a financial adviser improves savings behavior, in general, as well as saving for long-term goals, particularly retirement. Individuals who receive professional financial advice are likely to be more financially healthy, but few papers address reverse causation, limiting insights into whether advisers are causing improvements in their clients’ savings behavior.
format Online
id doab-20.500.12854ir-115602
institution Directory of Open Access Books
language eng
publishDate 2023
publishDateRange 2023
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publisher RAND Corporation
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spelling doab-20.500.12854ir-1156022024-03-30T12:50:40Z Do Financial Advisers Influence Savings Behavior? Burke, Jeremy Hung, Angela A. Finance Business thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management thema EDItEUR::V Health, Relationships and Personal development::VS Self-help, personal development and practical advice::VSB Personal finance This report reviews evidence from the research literature about whether working with a financial adviser improves savings behavior, in general, as well as saving for long-term goals, particularly retirement. Individuals who receive professional financial advice are likely to be more financially healthy, but few papers address reverse causation, limiting insights into whether advisers are causing improvements in their clients’ savings behavior. 2023-10-05T10:42:27Z 2023-10-05T10:42:27Z 2015 book ONIX_20231005_9780833093875_1376 9780833093875 https://directory.doabooks.org/handle/20.500.12854/115602 eng image/jpeg n/a https://www.jstor.org/stable/10.7249/j.ctt19w72kb RAND Corporation 10.7249/j.ctt19w72kb 10.7249/j.ctt19w72kb 47ac0b54-b121-491c-a9c8-5ca6776e27cb 9780833093875 open access
spellingShingle Finance
Business
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
thema EDItEUR::V Health, Relationships and Personal development::VS Self-help, personal development and practical advice::VSB Personal finance
Burke, Jeremy
Hung, Angela A.
Do Financial Advisers Influence Savings Behavior?
title Do Financial Advisers Influence Savings Behavior?
title_full Do Financial Advisers Influence Savings Behavior?
title_fullStr Do Financial Advisers Influence Savings Behavior?
title_full_unstemmed Do Financial Advisers Influence Savings Behavior?
title_short Do Financial Advisers Influence Savings Behavior?
title_sort do financial advisers influence savings behavior
topic Finance
Business
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
thema EDItEUR::V Health, Relationships and Personal development::VS Self-help, personal development and practical advice::VSB Personal finance
topic_facet Finance
Business
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
thema EDItEUR::V Health, Relationships and Personal development::VS Self-help, personal development and practical advice::VSB Personal finance
url ONIX_20231005_9780833093875_1376
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