Toward a Virtuous Future: The Framing of Wisdom

Walker, Lewis J.
September 2005
Journal of Financial Planning;Sep2005, Vol. 18 Issue 9, p30
Academic Journal
This article offers ideas on financial planning and management in an enlightened way. Linking money and investment decisions to the client's life demands, probing their virtue profile, as well as our own value proposition is very relevant to financial planning. The mastery of wisdom, understanding the difference between wisdom and knowledge and becoming adept at contextual communication are the key factors that must influence a financial planning strategy. In a world where transactions and assets under management are increasingly commodified, wisdom-based counseling must be the foundation for financial life planning.


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