In some of my past blog posts, I discussed corporate wellness programs and a recent study that found that companies that have wellness programs outperform those who do not. This shows that corporate wellness programs do indeed impact a business’s profitability and success. On an individual level, this works because employees are healthier, take […]
I am honored that I have been invited to address members of the Collegiate Strength & Conditioning Coaches Association (CSCCa), in Dallas, on May 5th. These coaches are unique resources for athletes, as they take responsibility for helping to develop these people for life, as well as in their sport. Although this is a […]
Remaining resilient in the face of stressors is an important skill no matter what your occupation is. Using my experience as an applied sports psychologist, my practice focuses on teaching financial advisors how to develop the mindset of a champion. However, you’d be surprised how many other groups can benefit from this same message. […]
Everybody encounters adversity and, as I’ve mentioned many times, stress is not completely the result of the adversities you face – it’s more about how you interpret and handle the situation. To demonstrate, I’d like to share a recent example from my own life.
I was about to board a plane today, heading for […]
A few weeks ago I featured two blog posts on the topic of “toxic” personality types that financial advisors encounter in their careers. Step one is recognizing these toxic personalities, and step two involves avoiding them, or transferring them out of your practice if needed. In these blog posts I discussed the first six […]
Stress in the Workplace: New Research Specific to Financial Advisors and Other Financial Service Professionals
Every year stress in the workplace costs employers billions of dollars from health insurance claims, absenteeism, and poor work quality – but did you know that workplace stress is as dangerous to your health as second hand smoke? A new review of 228 studies shows just how dangerous workplace stress is, making it more […]
Market volatility is a major cause of stress for financial advisors, who have to deal with demanding clients, worry about how long market upheaval will last, and reconsider their core values in order to take advantage of current market conditions.
Advisors under these pressures often seek me out, complaining about symptoms such as insomnia, irritability […]
Most advisors believe that their stress is caused by the whole host of potential stressors inherent in their jobs, such as:
Feeling pressure to build your book of business
Maintaining your wealth management philosophies and strategies, while dealing with difficult and abusive clients whose lack of knowledge causes them to differ with you
Working for a difficult […]
Many advisors contact me with the following question: “My dad is a Type A personality and I am just like him. Is there any hope for me or am I doomed to be hyper and stressed in my advising career forever?”
Type A personality traits were actually discovered by two prominent cardiologists, partners in an […]
Besides having to deal with the “life stressors” we all experience, such as marital/family challenges, the death of parents, chronic illnesses, and the like, financial advisors are faced with a multitude of potential stressors directly related to their profession. Fortunately, by using some simple methods, these stressors inherent to financial advisors can be managed.