May is Mental Health Awareness Month, a time to spotlight the critical connection between mental well-being and every facet of life—including finances. Financial professionals are often at the intersection where money meets emotion. Behind every balance sheet, retirement plan, or portfolio rebalance, there’s a human being navigating stress, uncertainty, and sometimes shame.
Topics: Financial Advising, Client Relationships, Financial Literacy, finance, financial stress, mental health, Advisor Tools
April is Financial Capability Month — a perfect opportunity for financial professionals to help their clients strengthen their financial foundations. As financial professionals and advocates, it's crucial that you not only manage portfolios but also guide your clients toward smarter everyday financial decisions.
Topics: Financial Advisors, Financial Advising, Independent Financial Advisor, Business Building, Client Relationships, Financial advisor, Long Term Planning, Vanderbilt Financial Group, Financial Literacy, College Debt, Investment, Investment Behavior, Financial Fraud, Managing Debt, saving, saving money, financial stress, mental health, Advisor Tools, Client Tips
The goal for financial professionals is not only to help clients with investments but also to help them keep those investments and their personal information safe. Identity theft protection is a crucial topic for financial professionals to discuss with clients. That is why for National Identity Theft Prevention and Awareness Month we want to provide some key tips you can share with your clients:
Topics: Financial Advising, Financial Technology, Independent Financial Advisor, Client Relationships, phishing, Email, Financial Literacy, financial stress, Advisor Tools, Identity Theft, Identity Theft Protection, Client Tips
May is National Mental Health Awareness Month and we wanted to highlight how finances can gravely affect someone's mental health. The constant need to balance your budget and constantly accounting for your rent/mortgage, paying for groceries, paying for bills, medical expenses and the need to save for retirement can be overwhelming for many people. According to the American Psychological Association, roughly 72% of adults report varying levels of stress that result from worrying about finances and 44% say their finances are the leading cause of their stress, meaning almost 3/4 of adults in the US will suffer from financial stress. With this article, we want to spread awareness of the negative impact of financial stress and the different coping mechanisms you can use to combat it and keep your mind at ease.[1]
Topics: Financial Literacy, finance, saving, financial stress, mental health