Behavioral biases impact every decision we make and many of us are unaware of our own biases. The uncertainty and stress created by the coronavirus pandemic has thrust us into an environment where our biases are magnified, and it is important to avoid irrational decisions, especially those that can have long lasting effects on our families, our employees and our customers.
We will discuss common biases that affect decision making, discuss how these biases may be impacting your businesses, investments and family dynamics, and suggest steps you can take to lessen their influence.
This webinar will address:
- Our primitive brains: heuristics and how biases influence our decisions.
- Common crisis-induced biases.
- Making investment and business decisions during a storm of uncertainty.
- Recommendations for recognizing and combatting your biases.
Join Drexel Morgan Capital Advisers’ Erich Hickey, Chief Operating Officer and Chief Investment Officer, and Joseph Zaccardi, CFA, Portfolio Manager, as they discuss the implications and impact of behavioral biases on your family business.
Erich Hickey, CFA is Chief Operating Officer and Chief Investment Officer of Drexel Morgan Capital Advisers. In this role, he is responsible for leading the strategic initiatives across business development, business operations, and marketing. In addition, he is responsible for macroeconomic research, financial market analysis, investment strategy and research, manager selection, asset allocation and portfolio management. He also manages client portfolios and relationships. He is a member of the firm’s Investment and Management Committees.
Joseph Zaccardi, CFA is a Portfolio Manager at Drexel Morgan Capital Advisers. In this role, he is responsible for managing and monitoring client portfolios, including delivering investment results to clients, asset allocation, and trading. He performs investment research, including manager due diligence and periodic reviews. He also contributes to market and macroeconomic research. He is a member of the firm’s Investment Committee.
There is no charge to participate in this webinar, but pre-registration is required.
CONTINUING LEGAL EDUCATION CREDITS:
The course is pending approval for CLE credits in Georgia, Illinois and Ohio.