How Advisors Are Tackling Gaps In Financial Literacy
August 31, 2022 by Ben Mattlin
Let’s be frank: Clients are often financially ignorant. Advisors devote a lot of time to explaining the most elementary principles. When a client’s family gets involved, that learning curve can get even more complicated; different generations have differing degrees of comfort with money.
Some advisors are working to improve the situation. By contributing to financial literacy programs, they hope to alleviate the knowledge gaps and add value to their clients and their communities. Should you join them? Here’s a look at how different practices are tackling the issue.