Frank Garcia, CFA & Dr. Daniel Crosby: Your Brain on Money: How to Make Better Financial Decisions

Our guest today is Dr. Daniel Crosby, Chief Behavioral Officer at Brinker Capital and a New York Times best-selling author of multiple books, including his most recent, The Behavioral Investor.  Daniel is a licensed psychologist who provides a unique lens into decision-making around money. In the episode we discuss why we're not wired to make sound financial decisions, how bear markets truly have a long lasting impact on us, why he believes automating financial decisions is optimal in almost every scenario, and why he believes it's beneficial to have a financial advisor. He also offers advice on how advisors can better coach their clients and even touches on how to encourage your children to learn sound money habits early on.  Our guest-host today is Frank Garcia, Co-Chief Investment Officer at Resource Consulting Group and Vice President of CFA Society of Orlando.    Follow Daniel on Twiter at @DanielCrosby or connect with him on LinkedIn here.   You can subscribe to Daniel’s podcast and purchase his books here. Follow the CFA Society of Orlando on Twitter at @CFAOrlandoFL