RT Journal Article
SR Electronic
T1 Well-Being Advisers
JF The Journal of Wealth Management
FD Institutional Investor Journals
SP 2
OP 44
DO 10.3905/jwm.23.s1.002
VO 23
IS Supplement1
A1 Meir Statman
YR 2020
UL https://pm-research.com/content/23/Supplement1/2.abstract
AB 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