WrapManager's Wealth Management Blog
When life changes, we can help you thoughtfully respond.

Michael J. O'Connor

CWS®, Vice President Investments

Recent Posts

Do Men and Women Invest Differently?

Posted by Michael J. O'Connor | CWS®, Vice President Investments

August 15, 2017

There are countless studies out there trying to answer questions about how – and why – men and women invest differently. Do men tend to take more risks? Are women better at committing to a long-term strategy? Should advisors take different approaches with men and women as a result? A comprehensive study performed by Merrill Lynch offers a somewhat surprising, but also no-nonsense explanation when it comes to finance and investing—men and women aren't all that different.

Human beings, no matter what their gender, all share a common trait that can affect how we make investment decisions – our emotions. On the other hand, the strengths of a good investor, such as patience, analytical attention to detail, and long-term focus are common across both men and women.

In this post, we will take a look at some of the findings of Merrill Lynch’s research paper, titled “Women and Investing: A Behavioral Finance Perspective.” Perhaps the most important finding of them all, however, comes straight from the lead researcher and Head of Behavioral Finance at Merrill Lynch Wealth Management, Michael Liersch: “What should really drive investment decisions are your financial priorities, and those are very personal. They have nothing to do with gender.”

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Goal Based Investing

Millennial Investors and Investing Psychology

August 3, 2017
Most investors would readily admit that past experiences in the markets tend to influence their decision-making over time. At best, our ... [+] Read More

Plan Now for Education Later: 529 College Savings Plans

June 29, 2017
With the cost of education continuing to rise, and the requirements for minimum workforce entry showing no likelihood of decreasing the ... [+] Read More

Investor Psychology: Why You May Not Be Your Own Best Financial Planner

May 24, 2017
Dr. Meir Statman is a professor of finance (with a focus on behavioral finance) at Santa Clara University. You might say he is a foremost ... [+] Read More

What's the Difference Between a Roth and Traditional IRA?

April 18, 2017
Both a Roth IRA and Traditional IRA (Individual Retirement Account) can potentially help meet your retirement savings goals. The main ... [+] Read More

What is ESG Investing and Does It Make Financial Sense?

April 4, 2017
Corporations in America are aware that public perception is important. That’s why many companies have made strides in recent years to ... [+] Read More

Common Retirement Planning Problems – And How to Overcome Them

January 4, 2017
With retirement planning, there is always the need to plan for the “unexpected”: emergency needs, potential home repairs, major medical ... [+] Read More

7 Things You Should Know About 529 Plans

November 17, 2016
Let’s start with the basics: what is a 529 Plan? Many investors may already be aware, but in layman’s terms, a 529 plan is a state or ... [+] Read More

Gifting Rules Associated with 529 Plans

November 7, 2016
In a recent post on 529 plans titled, “Helping You Understand the Basics of 529 Plans,” we discussed some features of 529 plans work and ... [+] Read More

BlackRock Commentary Midyear 2016

July 12, 2016
With half the year over, BlackRock's commentary delivers an overview for the rest of the year. Read the excerpt here, or download the ... [+] Read More