Capital Preferences, a leading global financial technology company founded in the United States, has entered into the Australian market and formed a strategic partnership with PortfolioConstruction Forum, naming it the official accreditation provider for a new training program.
Called Quantitative Advice Methods, the program is aimed at financial advisers serving the New Zealand and Australian private banking, superannuation and retail markets, and will focus on the application of game theory and econometrics to client profiling and portfolio construction.
As part of the agreement, Capital Preferences’ customers in NZ and Australia will have the opportunity to enroll their front line staff in an accreditation program overseen and managed by PortfolioConstruction Forum.
“Capital Preferences’ academic faculty are innovative thought leaders who bring something entirely new to the understanding of a consumer’s risk, time and social preferences and how to customise client portfolios with this data,” says Graham Rich, founder and director of PortfolioConstruction Forum.
“I believe they will see great success in our sophisticated and client-focused community. Ours is a market that desperately needs innovation and new thinking like theirs.”
Bernard Del Rey, CEO and Co-Founder of Capital Preferences says: “Portfolio Construction Forum is the ideal accreditation partner to share our firm’s research and methods.
“Graham has built a community where the most forward looking and disciplined professionals gather to practice their craft. We represent the next generation of enterprise consumer profiling and product recommendation tools and our focus on robustly tested methods originating from the top levels of academia and science is shared by PortfolioConstruction Forum members.
“We respect PCF members for the way they apply their skills and look forward to bringing them and their clients breakthrough tools.”
As part of the relationship PortfolioConstruction Forum will feature general content from Capital Preferences’ and make it available to all of its members. Pre-qualified advisors, who are members of either FPA or Certified Financial Planners are eligible for accreditation in the Quantitative Advice Methods program and can receive discounted individual subscriptions to the firm’s advanced technology, beginning with the 15 April 2016 release of the firm’s Australian product line. The training program will include deep exposure to the research and methods developed by Shachar Kariv, Chief Scientist, Co-Founder and Chair of the Economics Department at University of California Berkeley.
The relationship launched today with a talk by Daniel Silverman, Senior Research Advisor for Capital Preferences and Professor of Economics at Arizona State University.
For more information please contact:
Bernard Del Rey
Capital Preferences, Ltd
mobile: +1 917 796 6822
office: +1 201 866 6492 x303 / +44 (0)20 3514 4779 x303
About Capital Preferences
Capital Preferences Ltd is a decision science and financial technology firm operating in the US, UK, Europe and Australia. It was co-founded by Bernard Del Rey and Professor Shachar Kariv in 2014.
Professor Kariv is one of the world’s leading experts in decision science and game theory. He has published numerous academic papers and written extensively in academic journals, including American Economic Review, The Journal of Institutional and Theoretical Economics and Science.
Bernard Del Rey is also founder of global strategic consultancy, Capital Position Ventures and former Head of Strategic Programs and an executive team member for what is now JPMorgan Private Client Services and CMO for JPMorgan Institutional Asset Management and Morgan Stanley Investment Management.
18 February 2016