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The Long View

Nicole Boyson: How to Spot Financial Advisor Conflicts of Interest

The Long View

Morningstar

Finance, Dan Lefkovitz, Amy Arnott, Entrepreneurship, Investing Leaders, Jeff Ptak, Investors, Christine Benz, Influential Investors, Careers, Long-term Investing, Financial Services, Business, Investing, Morningstar

4.5775 Ratings

🗓️ 4 March 2020

⏱️ 60 minutes

🧾️ Download transcript

Summary

An academic's take on financial advisor conflicts that can leave investors saddled with costly, underperforming funds. We also touch on hedge fund activism, financial contagion, and female portfolio managers.

Transcript

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0:00.0

At Jackson, we've created a digital retirement planning experience with you and mine.

0:05.5

Visit jackson.com to explore our easy-to-understand resources and user-friendly tools

0:10.1

that are designed to enable financial professionals and clients to plan a path to financial freedom.

0:15.5

Jackson is short for Jackson Financial Incorporated, Jackson National Life Insurance Company, Lansing, Michigan,

0:20.5

and Jackson National Life Insurance Company of New York, purchase New York.

0:26.5

Please stay tuned for important disclosure information at the conclusion of this episode.

0:32.2

Hi, and welcome to the Longview. I'm Jeff Patack, head of manager research for Morningstar Research

0:36.9

Services. And I'm Christine Ben's, Director of manager research for Morningstar Research Services. And I'm

0:38.0

Christine Ben's, Director of Personal Finance for Morningstar, Inc. Our guest this week is Dr. Nicole

0:42.8

Boyson. Boyson is the Patrick F. and Helen C. Walsh research professor at Northeastern

0:48.3

University's DeMore McKim School of Business, where she teaches and conducts research in the

0:53.5

areas of investments and

0:55.2

corporate finance. Professor Boyson has authored numerous publications in referee journals

1:00.4

with a focus on regulatory arbitrage, hedge fund management, and hedge fund activism.

1:06.4

She also recently published a provocative working paper on financial advisor conflicts of interest

1:11.6

entitled The Worst of Both Worlds Dual Registered Investment Advisors.

1:16.6

A certified public accountant, Professor Boyson serves on the editorial board of the Financial Analyst Journal.

1:23.6

She received her bachelor's degree from Kent State University, her MBA from Case Western Reserve

1:29.0

University, and her Ph.D. in Finance from Ohio State University. Professor Boyson is active

1:35.4

on social media, where she can be found on Twitter at at N-I-K-I-R-1. Professor Boyson, welcome to the Longview.

1:45.5

Thanks, Jeff.

1:46.2

Thanks, Christine.

...

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