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Financial Adviser Anxiety, Financial Literacy, and Financial Advice Seeking

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  • Paul Gerrans
  • Douglas A. Hershey

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  • Paul Gerrans & Douglas A. Hershey, 2017. "Financial Adviser Anxiety, Financial Literacy, and Financial Advice Seeking," Journal of Consumer Affairs, Wiley Blackwell, vol. 51(1), pages 54-90, March.
  • Handle: RePEc:bla:jconsa:v:51:y:2017:i:1:p:54-90
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    File URL: http://hdl.handle.net/10.1111/joca.12120
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    References listed on IDEAS

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    1. Angela A. Hung & Joanne Yoong, 2010. "Asking for Help: Survey And Experimental Evidence on Financial Advice And Behavior Change," Working Papers 714-1, RAND Corporation.
    2. Hackethal, Andreas & Haliassos, Michael & Jappelli, Tullio, 2012. "Financial advisors: A case of babysitters?," Journal of Banking & Finance, Elsevier, vol. 36(2), pages 509-524.
    3. Hans-Martin Von Gaudecker, 2015. "How Does Household Portfolio Diversification Vary with Financial Literacy and Financial Advice?," Journal of Finance, American Finance Association, vol. 70(2), pages 489-507, April.
    4. Daniel Fernandes & John G. Lynch & Richard G. Netemeyer, 2014. "Financial Literacy, Financial Education, and Downstream Financial Behaviors," Management Science, INFORMS, vol. 60(8), pages 1861-1883, August.
    5. Calcagno, Riccardo & Monticone, Chiara, 2015. "Financial literacy and the demand for financial advice," Journal of Banking & Finance, Elsevier, vol. 50(C), pages 363-380.
    6. Stigler, George J., 2011. "Economics of Information," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 35-49.
    7. Angela A. Hung & Joanne K. Yoong, 2010. "Asking for Help Survey And Experimental Evidence on Financial Advice and Behavior Change," Working Papers WR-714-1, RAND Corporation.
    8. Marie-Eve Lachance, 2014. "Financial Literacy and Neighborhood Effects," Journal of Consumer Affairs, Wiley Blackwell, vol. 48(2), pages 251-273, June.
    9. Marc M. Kramer, 2012. "Financial Advice and Individual Investor Portfolio Performance," Financial Management, Financial Management Association International, vol. 41(2), pages 395-428, June.
    10. Kieran McQuinn & Nuala O’Donnell & Mary Ryan, 2005. "Central Bank and Financial Services Authority of Ireland's model," Chapters, in: Gabriel Fagan & Julian Morgan (ed.), Econometric Models of the Euro-area Central Banks, chapter 11, Edward Elgar Publishing.
    11. Roman Inderst & Marco Ottaviani, 2009. "Misselling through Agents," American Economic Review, American Economic Association, vol. 99(3), pages 883-908, June.
    12. Lusardi, Annamaria & Mitchell, Olivia S., 2011. "Financial literacy around the world: an overview," Journal of Pension Economics and Finance, Cambridge University Press, vol. 10(4), pages 497-508, October.
    13. Adele Atkinson & Flore-Anne Messy, 2012. "Measuring Financial Literacy: Results of the OECD / International Network on Financial Education (INFE) Pilot Study," OECD Working Papers on Finance, Insurance and Private Pensions 15, OECD Publishing.
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    Cited by:

    1. Li, Xiao, 2020. "When financial literacy meets textual analysis: A conceptual review," Journal of Behavioral and Experimental Finance, Elsevier, vol. 28(C).
    2. Lynne Robertson-Rose, 2020. "“Because My Father Told Me To”: Exploratory Insights into Parental Influence on the Retirement Savings Behavior of Adult Children," Journal of Family and Economic Issues, Springer, vol. 41(2), pages 364-376, June.
    3. van Dalen, Hendrik Peter & Henkens, Kene, 2018. "Do people really want freedom of choice? : Assessing preferences of pension holders," Other publications TiSEM 448e8a93-9ded-401f-9da0-7, Tilburg University, School of Economics and Management.
    4. Gerrans, Paul & Moulang, Carly & Feng, Jun & Strydom, Maria, 2018. "Individual and peer effects in retirement savings investment choices," Pacific-Basin Finance Journal, Elsevier, vol. 47(C), pages 150-165.
    5. Champatiray Manisha Yagyaseni & Hota Sweta Leena & Kumar Arya & Kumar Anuj, 2023. "The Sustainability of Emotional Intelligence and Decision-Making Flair by Financial Investors Through the Mediating Role of Coachability," Folia Oeconomica Stetinensia, Sciendo, vol. 23(2), pages 102-115, December.
    6. van Dalen, Hendrik Peter & Henkens, Kene, 2018. "The making and breaking of trust in pension providers : An empirical study of pension participants," Other publications TiSEM a23d8c7c-5857-48ee-a1ab-a, Tilburg University, School of Economics and Management.
    7. Steffen Westermann & Scott J. Niblock & Jennifer L. Harrison & Michael A. Kortt, 2020. "Financial Advice Seeking: A Review of the Barriers and Benefits," Economic Papers, The Economic Society of Australia, vol. 39(4), pages 367-388, December.
    8. Hendrik P. Dalen & Kène Henkens, 2018. "The Making and Breaking of Trust in Pension Providers: An Empirical Study of Pension Participants," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 43(3), pages 473-491, July.
    9. van Dalen, Hendrik Peter & Henkens, Kene, 2017. "The Making and Breaking of Trust in Pension Providers : An Empirical Study of Dutch Pension Participants," Other publications TiSEM cb47a5d0-d1c2-4f4e-8d6d-2, Tilburg University, School of Economics and Management.

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