Chris Budd: Financial advice might make clients less happy

The Story and The Situation

clock • 4 min read

Chris Budd, a former financial adviser and author of The Financial Wellbeing Book, takes at look at how financial advice might actually be making clients less happy...

When a client tells you about the situation, what is the story that you hear? The Situation And The Story is a book about writing by Vivian Gornick. I write and publish novels and I read this book recently for a fresh take on writing fiction. It's brilliant message, however, also has something important to say about how financial advisers are uniquely positioned to really help clients to understand their relationship with money. In this way, they can improve their clients' financial outcomes. The Situation In the book, the author tells of a canoeing trip on the Rio Grande River,...

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