Blog
- Lotteries and Fairness
- Our intuitive understanding of fairness
- Part III Users of money – the consumer
In continuing the discussion of the concept of fairness, we now examine lotteries. Lotteries are different; we don’t seem to demand fairness to participate. Unfortunately, we can draw many parallels to financial services from lottery marketing schemes.
An examination of adult bargaining games helps to clarify our understanding of the concepts of fairness, reciprocity and altruism.
Users of money are concerned with purchasing power and therefore, perhaps indirectly, inflation - and rightly so.
Richardson GMP
One of the most trusted and respected names in Canadian financial services, the Richardsons’ proven history in wealth management includes Richardson Financial Group and Richardson Capital, as well as its past holdings in Richardson Partners Financial, Richardson Greenshields and Richardson Securities of Canada.
GMP Private Client’s strong reputation for superior service and wealth management expertise has complemented GMP Capital Inc.’s proven leadership in the Canadian capital markets. The GMP name reinforces a culture of innovation, energy and entrepreneurship at Richardson GMP. The result is a larger, stronger and more influential independent wealth management firm with offices nationwide.
Professional Excellence
Research by our consultants, CEG worldwide, www.cegworldwide.com found that 93% of wealthy families prefer to work with an advisor when managing their money. The overwhelming majority of successful investors share this view.
Financial advisors have a wide variety of designations, but none is as rigorously focused on investment knowledge as the Chartered Financial Analyst (CFA ®) designation.
