Behavioral economics

Rodney Balbuena, Managing Director of SageView Advisory Group, Named Newest Member of the California Financial Educators Council Advisory Board

Retrieved on: 
Wednesday, February 28, 2024

NEWPORT BEACH, Calif., Feb. 28, 2024 /PRNewswire/ -- The California Financial Educators Council (CFEC) has announced that Rodney Balbuena, Managing Director of SageView Advisory Group in Newport Beach, has been selected as a member of the CFEC's highly-respected Advisory Board.

Key Points: 
  • NEWPORT BEACH, Calif., Feb. 28, 2024 /PRNewswire/ -- The California Financial Educators Council (CFEC) has announced that Rodney Balbuena, Managing Director of SageView Advisory Group in Newport Beach, has been selected as a member of the CFEC's highly-respected Advisory Board.
  • This sentiment is mirrored in the mission statement of the California Financial Educators Council, indicating Rodney Balbuena's strong alignment with the CFEC's vision for empowering California families.
  • The California Financial Educators Council has a short-term vision of making a positive difference in financial literacy levels.
  • The California Financial Educators Council was established by the National Financial Educators Council , an IACET Accredited Provider and Certified B Corporation®.

A New Scientific Study by Dr. Dan Geller President of Analyticom Reveals That Beating the Market Is Neither a Skill nor Experience

Retrieved on: 
Wednesday, February 7, 2024

SAN FRANCISCO, Feb. 7, 2024 /PRNewswire/ -- A newly published scientific study, "Money Anxiety Theory - a Predictor of Equity's Performance" featured in the Social Science Research Publication, reveals that any person can outperform the market (S&P 500), with very high level of confidence,  without any prior experience, special skills or advanced computing capabilities.

Key Points: 
  • The study confirms that anyone can outperform the market by following proven scientific principles of behavioral finance.
  • "The new study is about the science of abundance," said Dr. Dan Geller the author of the study and President of Analyticom, a Behavioral Finance firm.
  • "Skills and experience is no longer a barrier to abundance because the new scientific study shows that anyone can beat the market scientifically and predictably."
  • The Scientifically Predictable investing model , which is based on the study, is designed for investment optimization a.k.a.

Believeco:Partners names Mario Simon as Chief Executive Officer

Retrieved on: 
Monday, January 29, 2024

TORONTO, Jan. 29, 2024 /PRNewswire/ - Believeco:Partners (BCP), one of North America's leading independent strategic marketing, communications and advisory firms, today announced veteran entrepreneur and global corporate strategist Mario Simon as its Chief Executive Officer.

Key Points: 
  • TORONTO, Jan. 29, 2024 /PRNewswire/ - Believeco:Partners (BCP), one of North America's leading independent strategic marketing, communications and advisory firms, today announced veteran entrepreneur and global corporate strategist Mario Simon as its Chief Executive Officer.
  • Beginning February 20, Simon will lead the agency's 300-plus team across more than 10 offices in North America.
  • For the past seven years, Mario served as Managing Director and Partner at Boston Consulting Group.
  • Prior to BCG, Mario founded, built, and led Kantar Vermeer, a marketing strategy consulting firm he created within WPP.

Northwestern Mutual Renews Partnership with Marquette University and University of Wisconsin-Milwaukee with New $35 Million Investment

Retrieved on: 
Tuesday, August 1, 2023

MILWAUKEE, Aug. 1, 2023 /PRNewswire/ -- Northwestern Mutual, Marquette University and the University of Wisconsin-Milwaukee are deepening their commitment to the Northwestern Mutual Data Science Institute (NMDSI), extending their partnership for the groundbreaking organization through 2028. The three institutions will commit a total of $35 million to NMDSI over the next five years, building on the nearly $40 million invested to date to advance the Institute's mission of establishing Wisconsin as a recognized national hub for technology.

Key Points: 
  • Northwestern Mutual Data Science Institute champions southeastern Wisconsin as national hub for technology research, innovation and talent
    MILWAUKEE, Aug. 1, 2023 /PRNewswire/ -- Northwestern Mutual, Marquette University and the University of Wisconsin-Milwaukee are deepening their commitment to the Northwestern Mutual Data Science Institute (NMDSI), extending their partnership for the groundbreaking organization through 2028.
  • This has included the creation of new data science academic programs designed and launched at Marquette University and the University of Wisconsin-Milwaukee, and career pathways for data talent at Northwestern Mutual.
  • "What started out as a partnership without precedent led to precedent-setting results," said Purush Papatla, UWM co-director of the NMDSI.
  • To learn more about the Northwestern Mutual Data Science Institute and its latest projects, please visit nmdsi.org .

KoverNow Appoints one of Singapore’s Most Prominent Marketing and Data Science Experts as Non-Executive Director

Retrieved on: 
Tuesday, January 31, 2023

Professor Chong, who is a behavioral scientist and data scientist by training, currently carries out research focusing on the challenges of nudging people to adopt useful technology.

Key Points: 
  • Professor Chong, who is a behavioral scientist and data scientist by training, currently carries out research focusing on the challenges of nudging people to adopt useful technology.
  • He joins KoverNow as a non-executive director.
  • Professor Chong’s expertise is in using behavioral and economic principles and data analytics and AI tools.
  • Stephan Kaiser, CEO at KoverNow, said: “Professor Chong has a rich history of advising start-ups in the application of big data and artificial intelligence to their marketing strategies.

New Interactive Platform from Common Cents Lab Makes Behavioral Insights from Financial Wellness Experiments Available for Public Use

Retrieved on: 
Thursday, December 8, 2022

DURHAM, N.C., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Common Cents Lab , a financial behavior research lab part of the Center for Advanced Hindsight at Duke University, today unveiled the Financial Wellbeing Design Guide.

Key Points: 
  • DURHAM, N.C., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Common Cents Lab , a financial behavior research lab part of the Center for Advanced Hindsight at Duke University, today unveiled the Financial Wellbeing Design Guide.
  • Using customizable filters and short user surveys, the Guide provides easily digestible information on every experiment, partner, outcome and lesson learned from Common Cents Lab's entire body of work.
  • “Our work has proven that behaviorally-informed interventions can lead to increased savings, reduced expenses and other positive financial decision making,” said Common Cents Lab co-founder Mariel Beasley.
  • Common Cents leverages research gleaned from behavioral science to create interventions that lead to positive financial behaviors.

Mike Michalowicz, best-selling author of Profit First, and five other industry leaders to be featured at small business retreat

Retrieved on: 
Friday, October 7, 2022

MILWAUKEE, Oct. 7, 2022 /PRNewswire-PRWeb/ -- The Idea Collective, a membership community of 1200 small business owners operating in 15 states across the U.S. and four countries worldwide, announces the return of its small business retreat scheduled for November 10-12, 2022, at the Grand Geneva Resort in Lake Geneva, WI.

Key Points: 
  • The Idea Collective Small Business Retreat , presented by Bank Five Nine, is the Midwest's small business community's annual meeting.
  • Jack Butcher Leading online entrepreneur who teaches small business owners how to turn their knowledge into online products that sell.
  • Sponsors of this year's retreat include Bank Five Nine, Unstoppable Women in Business, Praktess Law, Sidekick Accounting and Boss Actions.
  • The Idea Collective Small Business Retreat is open to any solopreneur who wants to set their personal and professional goals for 2023 in a safe, supportive environment.

Dr. Terry Mollner Joins Arjuna Solutions' Advisory Board

Retrieved on: 
Tuesday, May 10, 2022

WASHINGTON, May 10, 2022 /PRNewswire/ -- Arjuna Solutions, the leader in nonprofit fundraising optimization through Behavioral Economics Modelling and A.I. Services, is pleased to announce that Dr. Terry Mollner, a pioneer in socially responsible investing (SRI) and Chairman / Co-Founder of Stakeholders Capital Inc., has joined Arjuna's Advisory Board.

Key Points: 
  • Services, is pleased to announce that Dr. Terry Mollner, a pioneer in socially responsible investing (SRI) and Chairman / Co-Founder of Stakeholders Capital Inc., has joined Arjuna's Advisory Board.
  • We have been searching for visionaries to join our Advisory Board who understand how our A.I.
  • Terry is one of those forward-thinking people, and we are honored to collaborate with him to advance the expansion of the nonprofit sector."
  • Arjuna applies its services to sustainably increase fundraising proceeds and advance nonprofit's missions faster than existing practices.

Consumers Overwhelmingly Trust Computer Algorithms Over Humans to Trade Stocks

Retrieved on: 
Friday, April 29, 2022

TORTOLA, British Virgin Islands, April 29, 2022 /PRNewswire/ -- A new survey of more than 1,000 U.S. investors found that 78% of respondents trust algorithmic stock trading more than human traders.

Key Points: 
  • That confidence rises to 96% if the computer algorithm has a six-year track record of successfully tracking human trading behaviour, according to the survey commissioned by Kaiju Capital Management .
  • "Making sense of investing can feel like drinking from a firehose," said Ryan Pannell, Founder and Chief Investment Officer of Kaiju Capital Management.
  • "AI is a game changer for investors because it crunches massive data sets instantly to identify opportunities that no individual manager could predict."
  • The largest concern among those surveyed is that 69% were unsure whether an algorithm could accurately predict human trading behaviour.

Camino Financial elects VP of Data Science and VP of Credit Risk/Portfolio Management

Retrieved on: 
Tuesday, April 19, 2022

LOS ANGELES, April 19, 2022 /PRNewswire/ -- Camino Financial—an AI-powered community lending platform offering affordable credit and wealth building solutions to overlooked entrepreneurs is expanding its executive team, appointing Shaja Selvamani as Vice President of Data Science, and Richard Solomon as Vice President of Credit Risk and Portfolio Management.

Key Points: 
  • "We're aggressively building out our Engineering, Product and Science teams," said Sean Salas , Chief Executive Officer and Co-founder of Camino Financial.
  • Prior to joining Camino Financial, Shaja moved up the corporate ladder at Envestnet Yodlee, most recently serving as the company's Senior Director of Data Science.
  • Prior to joining Camino Financial, Richard held several senior positions at some of the industry's largest financial institutions including Strategic Financial Solutions and JPMorgan Chase.
  • Camino Financial is an AI-powered community lending platform that offers affordable credit and wealth building solutions to overlooked entrepreneurs.