Well-Being Advisers

Abstract

Well-being in the context of finance usually implies financial well-being. And discussions about enhancing well-being are usually about enhancing financial well-being, such as by saving during our working years to sustain us in retirement. Well-being, however, is broader than financial well-being, and enhancing well-being, even in the context of finance, entails more than enhancing financial well-being. The domains of well-being also include those of family, friends, and communities; work and other activities; and health, both physical and mental. Financial advisers do well as they transform themselves into well-being advisers, enhancing clients’ well-being in all its domains.

TOPIC: Wealth management