MINNEAPOLIS FIRM OFFERS BEHAVIORAL ADVICE DURING FINANCIAL CRISIS

October 15, 2008

The Lennick Aberman Group (LAG), a consulting firm based in Minneapolis, offers the following behavioral advice to financial professionals and consumers alike, “Extreme emotions can often lead to poor decision- making. It’s understandable to experience fear, anxiety and uncertainty right now, but it might not be the best time to make a reflexive decision.”

“Now more than ever, clients are looking to their advisors for guidance,” Doug Lennick, founding partner and CEO, says. “Nobody, including the best financial advisors, can predict what will happen next, but historically, we know that making decisions when charged with emotions can lead to negative results.”

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