Posted 1.12.16

Philipp Hensler, DM '13

Hensler's dissertation research on how financial advisers reacted after the financial crisis is cited in The New York Times article, "New Year, Old-Fashioned Investment Strategy." 

Part of Hensler's research surveyed financial advisers across the United States to discover what they were doing differently in their advisory practices. While eighty percent of them said they weren't doing anything different, 20% of the advisers had used the crisis to rethink their roles.

The smaller group of advisers had better results because they persuaded their clients to focus on what they needed the money for. "They were humble, and it made them contextually aware," he said. "They weren't focused too much on the market but more on the client.

Read the rest of the article here.

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