EP: 003 Getting Things Done w/ Clinical Neuropsychologist Dr. Moira Somers and FinTech Founder Shaun Erikson

In this episode Jim talks to clinical neuropsychologist Dr. Moira Somers, Ph. D. and Financial Planner/Fin Tech Founder Shaun Erickson, CFP®️ about why it can be difficult to complete financial tasks and what to do about it.

Dr. Somers describes the 3 biggest reasons why we don't accomplish our financial tasks:

1) Procrastination.  Usually used as an avoidance tool because we don't want to deal with the emotional aspects of our financial lives.
2) Overwhelm.  Simply put, we all have a lot going and sometimes we feel the need to prioritize the things right in front of us.
3) We Forget.  We are all human and it turns out that "40-70% of our best intentions are forgotten" - Dr. Moira Somers

Shaun discusses his work as a financial planner and why he decided to create the FinTech company Knudge, a tool designed to help financial advisors better support their clients in completing financial tasks.

And Dr. Somers adds her expertise to explain why a "Knudge" can be so useful:

"Nothing feels better than progress" - Dr. Moira Somers.

About our Guests:

Dr. Moira Somers, Ph. D. is a psychologist, family wealth consultant and executive coach. She specializes in the psychology of money. She addresses matters that range from the highly personal concerns of individuals and families all the way up to broader service, design and structural issues affecting financial follow-through and equitable access to capital.  Although Canada is her home, her client base is international.

Dr. Somers is a faculty member at the Ultra High Net Worth Institute and at the Sudden Money Institute. She leads the Financial Psychology Special Interest Group for the American Psychological Association. She is a featured guest and writer for many financial advising/family office podcasts and publications.

Her book, Advice that Sticks: How to Give Financial Advice that People Will Follow, has become an international bestseller. It tackles, head-on, the problem of unimplemented financial advice. It has been adopted as an authoritative guidebook by such diverse groups as postsecondary institutions, private firms specializing in Ultra Hight Net Worth clients, and credit counselling agencies.

Find Her @:

Website: https://moneymindandmeaning.com/
LinkedIn: https://www.linkedin.com/in/moira-somers/

Shaun Erickson, CFP®️ is the founder of Single Point Partners, LLC. a registered investment advisory and financial planning firm in Boston, MA. 

In addition he is also the founder of Knudge.com, a Fin Tech tool designed to help financial advisors better support their clients in accomplishing financial tasks.  

Find Him @:
Website: https://spcfo.com/
Website: https://knudge.com/
LinkedIn: https://www.linkedin.com/in/shaun-erickson/
Twitter: https://twitter.com/Shaun_SPP

About Jim 

Jim Grace CFP®️ is the Director of Wealth Management at Silver Pine Capital, LLC. a registered investment advisory firm in Medfield, Massachusetts. ​Jim has more than a decade of experience in the financial services industry and currently leads the firms flat fee only financial planning offering.  

Website: Modern Financial Wellness
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