Financial advice and asset allocation
We explore differences in portfolio composition between investors who receive financial advice and those who do not. Using proprietary data from a national investment savings scheme that contains information of 405,107 individual retirement accounts, we find that financial advice is transformative....
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| Format: | Others |
| Published: |
The New Zealand Finance Colloquium,
2014-02-14T01:59:27Z.
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| Online Access: | Get fulltext |