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Gender Differences in Financial Advice
(2015-03-04)
We show that financial advisors recommend more costly products to female clients, based onminutes from about 27,000 real-world advisory meetings and client portfolio data. Funds recommended to women have higher expense ...
Survey_BKHKL_2015_2
We we designed, commissioned and ran a survey with the help of the research company YouGov that targeted individuals with experience working as financial advisors in Germany (advisor survey). Note that the advisor survey ...
Survey_BKHKL_2015_1
In an independent research project, a random sample of all clients of the bank was invited to participate in academic surveys, which are conducted to gain deeper insights into the decision making process of private households. ...
WP309_admindata_2015
We use data on private clients receiving investment recommendations from financial advisors employed by a large German bank operating a nationwide branch network. Our main source of information are advisory minutes that ...