Does Wealth Change the Way You Think?

To advise more effectively, financial advisors to the rich seek to develop a profound understanding of their clients’ attitudes toward money and life. But there is so much more than the amount of a client’s assets that can affect his or her attitudes, goals, and tolerance for risk. In this full research report and through the lens of risk tolerance, family office advisors can learn ways that will not only help improve their wealthy clients’ risk-adjusted investment returns, but their emotional security and happiness as well.

For the abbreviated version of this Wharton & Chubb research report, see Out of Left Tail: How Adequate Property and Casualty Insurance Can Improve the Risk-Adjusted Return.