Anchoring is the behavioral inclination of clients to adopt an initial viewpoint and apply it as a reference point for assessing future decisions, often making it difficult to modify assessments based on new information.

Authors

• Person: Not available Organization: Financial Planning Association
  Understanding Behavioral Aspects of Financial Planning and Investing

Sources

• Understanding Behavioral Aspects of Financial Planning and Investing www.financialplanningassociation.org Financial Planning Association via serper

Referenced by nodes (1)

• anchoring concept