GBI: Integrating Traditional and Behavioral Finance
The implementation of this framework is described through examples, which consider the challenges of investing to meet lifestyle expenses and investing for a fixed planning horizon. We discuss the development of investment strategies for each of these purposes, modifying traditional portfolio construction methods to reflect investor goals, risk tolerances and preferences.
Goals Based Investing: Integrating Traditional and Behavioral Finance
‘Goals-based advice’ is not new
November 27 2017, Robert Coyte
Robert Coyte, chief executive of non-bank licensee Shartru Wealth, writes an interesting and balanced opinion piece discussing the rise of goals based advice. Stirring up...