March 28th Chapter Dinner | A.I. & Advisor Alpha

ARTIFICIAL INTELLIGENCE

Model Behavior: AI, BIG & small Data in Quant Models

Rick Roche, Managing Director | Little Harbor Advisors, LLC.

The presenter will separate fact from fiction and hype from reality. Learn how asset managers are deploying algorithms and advanced statistical modeling to classify and monetize varied and differentiated sources of potential alpha. Although quants have not taken over Wall Street (not yet, anyway), the audience will be surprised to hear just how widespread automated trading systems (ATS) and algorithmic investing are being deployed in today’s equity markets. The presenter reveals some of the largest practitioners of quantitative investment management and emerging players in the quant investing space. Increasingly, asset managers are combining human and machine intelligence in the investment decision-making process. There’s a virtual arms race fueled by 500+ alternative data set and technology providers frantically hiring data scientists, computer engineers and math PhDs. No previous investment management experience required!

PUTTING A VALUE ON YOUR VALUE - Vanguard Quantifying Advisor’s Alpha

Saul Mendoza, Sales Executive | Vanguard Financial Advisors Services

The presentation will detail how Vanguards Advisor Alpha creates wealth for clients - providing enhanced net potential returns over time (not a specific time frame).

Since the creation of the Vanguard Advisor’s Alpha concept in 2001, the value proposition of advice has continued to rapidly change—we believe for the better. And our work in support of the idea has continued. The Vanguard Advisor’s Alpha concept outlines how advisors can add value, or alpha, by providing relationship-oriented services—such as cogent wealth management via financial planning, behavioral coaching, and guidance—as a primary objective of the value proposition. Paying a fee for advice and guidance to a professional who uses the framework described here can add meaningful value compared to the average investor experience, currently advised or not. We believe implementing the Vanguard Advisor’s Alpha framework offers the opportunity to add net returns in excess of the standard fees charged for advisory services.

ABOUT OUR SPEAKERS

Rick Roche, Managing Director | Little Harbor Advisors, LLC.

Rick Roche is a Managing Director at Little Harbor Advisors, LLC. Little Harbor Advisors (LHA) is a sponsor of quantitative investment strategies. Rick has 36+ years’ experience in investment management and the financial advisory distribution channel. Rick holds Series 3 (Commodities), 7, 63 and 65 licenses.

Rick earned his Chartered Alternative Investment Analyst (CAIA) charter designation in 2014. Rick’s a Member of Society of Quantitative Analysts -SQA (2017-18) and Local-Only member of CFA Society – MN. He earned a B.A.-History from the University of Dayton. Since 1991, Rick’s consulted 85 major financial companies and has personally trained tens of thousands of financial sales pros in customer loyalty marketing, capital market trends and investor behavior.

Since Sep-2017, Rick has delivered a dozen “Machine Learning in Asset Management” presentations to CFA Societies, CAIA and FPA chapters throughout the United State s.

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Saul Mendoza, Sales Executive | Vanguard Financial Advisors Services

More to follow....