Dr. Meghaan Lurtz - The Empathic Future of Financial Advice

This week on Standard Deviations with Dr. Daniel Crosby, Dr. Crosby speaks with Dr. Meghaan Lurtz. Meghaan R. Lurtz, Ph.D. is a writer and senior research associate with Kitces.com, a blog dedicated to the practice of financial planning. Meghaan is also an educator, serving as a professor of practice at Kansas State University in their advanced financial planning track and as an adjunct assistant professor within the University of Maryland system for undergraduate financial planning coursework. Meghaan is a past President of the Financial Therapy Association. She has been quoted in New York Magazine, New York Times, Wall Street Journal, and presented for the BBC, CFPB and MDRT. She co-authored two chapters in the CFP Board's recent book, Financial Psychology. Her research has been published in the Journal of Financial Planning, Financial Planning Review, and the Journal of Consumer Affairs. Meghaan earned her Ph.D. in Personal Financial Planning from Kansas State University, her M.S. in Industrial Organizational Psychology from Capella University, and her B.A. in Psychology, Philosophy and Spanish from Kansas University.

Tune in to hear:

- Of the “36 questions that lead to love,” what are a few that Dr. Lurtz zeros in on and what makes these questions so powerful? Can these be applied in client-advisor relationships as well? 

- What is the peak end rule and how can understanding it help us set better goals with our clients?

- As practitioners, how can we drive home the salience of our future selves both for ourselves and our clients?

- How can we distinguish financial stress from financial anxiety and what are some client communication strategies to help manage this? 

- How is the financial advisor community doing, on average, in the face of the mental and fiscal adversity that came along with the global pandemic? 

- What can advisors do to better take care of themselves so that they are better positioned to care for their clients’ needs?

https://www.linkedin.com/in/meghaanlurtz

Compliance Code: 0229-OAS-2/4/2022