The Psychology of Concentrated Stock Positions

1 Hour CFP®, CIMA®, CPWA®, RMA®

The Psychology of Concentrated Wealth

Learn strategies to manage concentrated stock positions. Earn Free CFP CE Credits with our course designed for financial advisors.

Concentrated equity positions represent a unique psychological challenge given that they are often accumulated via personal entrepreneurship or through a long-term commitment to a company. Learn about the unique behavioral biases accompanying concentrated wealth and how to provide a conversational framework to help these clients.

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Free CE Course

Course Details

3 Lessons
10 Videos
1 Quiz
1 Hour
1 CE Credit

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Who Is This For?

Financial advisors aiming to enhance client decision-making strategies using behavioral finance.
Advisors committed to earning CFP®, CIMA®, CPWA®, or RMA® certifications while managing concentrated wealth.
Professionals looking to integrate psychology into personalized wealth management.

What Will I Learn?

Understand Base Rate Blindness and how to guide your clients to overcome it.
Understand how to identify the three types of overconfidence and the specific methods to apply to drive better client decisions.
Be able to apply the methods to give advice that sticks.

Course Curriculum

Introduction
Base Rate Blindness
Overconfidence
Continuity Bias

Conducting a Pre-Mortem
Illusion of Control
Regret Aversion
Attraction to Long Shots

Normalcy + Positivity Bias & Ostrich Effect
Conclusion: Giving Advice that Sticks

Continuing Education Quiz: This course qualifies for 1 hour of CFP, CIMA, CPWA, RMA continuing education credit. To receive the credit, you must take the assessment and receive a grade of 70% or higher.

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Why Orion Advisor Academy

With free continuing education courses that range in topics from investment management, behavioral finance, practice management, client experience, and more, you have everything you need to learn and grow your business.