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Guillemette, Michael A.; Jurgenson, Jesse B. – Journal of Financial Counseling and Planning, 2017
The purpose of this study is to investigate whether a professional designation affects consumer choice behavior within the area of investment decision making. Forty-six participants were endowed with real money and received hypothetical investment advice from a certified financial planner (CFP) Professional and a stockbroker. Among low-income…
Descriptors: Financial Services, Money Management, Consumer Economics, Investment