The Endowment Effect: Why Executives Love Their Company’s Stock

Clarfeld Financial Advisor Forbes Contributions

We often become so obsessed with the portrayal of personal investing as a product or extension of technology that we forget that wealth management is, at its core, a profession rooted in personal relationships. Truly gifted advisors understand wholeheartedly that a client relationship is an ongoing dynamic interaction where the portfolio often is no more than the present tense of multigenerational well-being, purpose and aspiration.