Publicação
The evolution of wealth management and the impact of behavioral finance: trends within the private banking industry with a study on the psychology behind investment decision making
| datacite.subject.fos | Ciências Sociais::Economia e Gestão | |
| dc.contributor.advisor | Prado, Melissa | |
| dc.contributor.author | Vitali, Riccardo | |
| dc.date.accessioned | 2026-03-09T11:32:17Z | |
| dc.date.available | 2026-03-09T11:32:17Z | |
| dc.date.issued | 2025-01-15 | |
| dc.date.submitted | 2024-01-15 | |
| dc.description.abstract | This work project covers the evolutionary analysis of the wealth management industry and the impact of behavioral finance on investment decisions. Primary emphasis is placed on the failure of traditional models in considering psychological facets. Moreover, an in-depth analysis of Goal Based Investing is carried out, seen as a tangible mechanism to mitigate biases’ negative effects. The research underlined, through literature review, qualitative interviews, and case studies, the advantages of integrating behavioral insights in portfolio allocation, aligning investments with emotional management. The practical recommendations given herein will help wealth managers to develop relationships with clients and, hence, be successful in today's investment environment. | eng |
| dc.identifier.tid | 204131456 | |
| dc.identifier.uri | http://hdl.handle.net/10362/201117 | |
| dc.language.iso | eng | |
| dc.rights.uri | http://creativecommons.org/licenses/by/4.0/ | |
| dc.subject | Wealth management | |
| dc.subject | Behavioral finance | |
| dc.subject | Goal-based investing | |
| dc.subject | Private banking | |
| dc.subject | Asset allocation | |
| dc.subject | Portfolio management | |
| dc.subject | Behavioral biases | |
| dc.title | The evolution of wealth management and the impact of behavioral finance: trends within the private banking industry with a study on the psychology behind investment decision making | eng |
| dc.type | master thesis | |
| dspace.entity.type | Publication | |
| thesis.degree.name | A work project, presented as part of the requirements for the Award of a Master’s Degree in Finance from the Nova School of Business and Economics |