Wharton Club Of DC

WAMM: Behavioral Finance: How to be a Better Investor in 2023 1/19

Washington Association of Money Managers is pleased to present: Behavioral Finance: How to be a Better Investor in 2023 Thursday, Jan 19, 2023 at 6:00 PM (EDT). Wharton Club members & guests are invited

Behavioral Finance: How to be a Better Investor in 2023
Michael D. Bailey, CFA, FBB Capital Partners
Joseph F. Healy, Beacon Investment Advisory Services
Pamela J. Sams, Jackson Sams Wealth Strategies.

January 19, 2023
Thursday 18:00 00        
Registration Ends Thursday January 19, 2023 at 18:00 00

Join Washington Association of Money Managers on
Thursday, January 19th for a panel discussion

"Behavioral Finance: How to be a Better Investor in 2023"

Location:
National Press Club, the Zenger Room

Time:
Reception will begin at 6:00 PM EDT
Panel discussion will begin at 6:30 PM EDT

COVID-19 Safety Guidelines: We require all registrants to be vaccinated against COVID-19 prior to attending WAMM events. For the National Press Club policy on COVID requirements, please see https://www.press.org/safetyfirst for more information.

Markets were rocked in the past three years by events few predicted, including the Covid-19 pandemic, the Russia-Ukraine war, and inflation’s staying power. In response, stocks and bonds fell simultaneously with both ending 2022 deep in the red. The “crypto winter”, meanwhile, is in full swing with bitcoin down nearly 65% last year.

Our emotions often are closely connected to how we manage money. This connection is even more evident during times of crisis. Being mindful of our emotions allows us to mute their effect or even harness them to one’s financial advantage. How can we identify emotions and bias, such as anchoring, risk aversion, overconfidence, and herd behavior, that are creeping into our investment process? How can we better apply behavioral science to active investment management?

We are fortunate to have highly respected industry experts to help us take a fresh look at the investing process as we enter a new year that may bring different challenges and opportunities. Michael D. Bailey, CFA is Director of Research and chair of the Investment Committee at FBB Capital Partners. Joseph F. Healy, CFA is Managing Director and Senior Equity Strategies Manager at Beacon Investment Advisory Services. Pamela J. Sams, CRPC is President of Jackson Sams Wealth Strategies.

Please note that the Chatham House Rule applies – neither the comments of the speaker nor those of other participants are for attribution.

Please register below by 6:00 PM ET on Thursday, January 19, 2023. The event is $35 for WAMM members, $55 for non-members, $20 for student members, and $25 for student non-members. Please try to register early, as the space is limited!

Joseph F. Healy
Managing Director, Research Director
Beacon Investment Advisory Services

Joseph F. Healy, CFA is Managing Director and Senior Equity Strategies Manager at Beacon Investment Advisory Services, part of Beacon Trust, a full-service wealth management firm headquartered in Morristown, New Jersey with over $4 billion in assets under administration. Mr. Healy has over 25 years of financial industry experience. He is chair of Beacon’s Internal Strategies Team, which oversees the firm’s equity and fixed income strategies. He is responsible for managing and co-managing Beacon’s active equity portfolio strategies (Large-Capitalization Core; Income & Appreciation; and High-Dividend). Mr. Healy has an extensive background in investment leadership, portfolio management, and equity research. Prior to joining Beacon in 2012, he held senior leadership positions at Legg Mason in Baltimore, PNC Advisors in Philadelphia, and Merrill Lynch Investment Managers in Princeton.

Mr. Healy received a bachelor’s degree in business administration from William Paterson University and a master’s degree in finance from Fairleigh Dickinson University. He is also a CFA charterholder. In addition, Mr. Healy is a member of the Global Interdependence Center, CFA Institute, New York Society of Security Analysts, CFA Society of Philadelphia and the Baltimore CFA Society.

Michael Bailey
Director of Research
FBB Capital Partners

Michael D. Bailey, CFA is Director of Research and chair of the Investment Committee at FBB Capital Partners, which specializes in offering private wealth management services to a wide range of clients including affluent individuals, families, foundations, and endowments. Mike is responsible for monitoring and analyzing macro and microeconomic data, secular industry trends, and identifying appropriate investments for client portfolios. Mr. Bailey is passionate about global capital markets, having lived and worked in London, New York, and Tokyo. He is also the author of Stop. Think. Invest.: A Behavioral Finance Framework for Optimizing Investment Portfolios (McGraw-Hill Education, January 2022).

Prior to FBB Capital Partners, Mike spent nearly nine years as a buy-side research analyst with Legg Mason Investment Counsel primarily focusing on recommending stocks in the healthcare industry and managing a model healthcare portfolio. Prior to Legg Mason, He was a Vice President and equity research analyst with Bear Stearns, where he followed the medical device industry.

Over the years, Mike’s financial insights and analysis have been featured in appearances on CNBC, Fox Business Network, NPR, and Bloomberg Radio, as well as in the Wall Street Journal, CNN.com, Forbes, Kiplinger, Barron’s, and The Washington Post.

Mike earned a Bachelor of Arts in International Studies from Emory University and a Master of Arts in International Economics and an MBA from Johns Hopkins University. Mike is a CFA charter holder and a member of the CFA Society of Washington, D.C.

Pamela J. Sams
President
Jackson Sams Wealth Strategies

Pamela J. Sams, CRPC, BFA, is President of Jackson Sams Wealth Strategies, a wealth management firm helping professional women secure their financial future. Prior to founding Jackson Sams Wealth Strategies, Ms. Sams was a Financial Advisor with Ameriprise Financial Services, LLC.

For 20 years, Pamela has been helping women improve their personal and financial wealth through solid financial life planning. She focuses on helping her clients secure their financial futures so they can sleep well at night.

Pamela has become a strong voice in the area of personal finance for women. Her knowledge in this area has made her a sought-after speaker. She has been quoted in articles in various financial publications.

She has membership in the Million Dollar Roundtable (MDRT). Membership in MDRT is a universally recognized mark of excellence for the most successful in the financial services profession. Pamela holds a Behavioral Financial Advisor designation, awarded to advisors who have undergone training to learn to help clients make financial decisions using a rational, values-based approach. She was featured in the Women in Wealth section of Fortune Magazine November 2020 issue as a top Wealth Manager in the Washington DC metro area. In 2021, Pamela once again received a Five Star Wealth Manager award and was highlighted in the Washington Post and the Wall Street Journal.

She successfully completed the demanding requirements to receive a Chartered Retirement Planning Counselor certification through the College of Financial Planning. Pamela also holds a Behavioral Financial Advisor designation, awarded to advisors who have undergone training to learn to help clients make financial decisions using a rational, values-based approach. Behavioral Financial Advisor’s integrate techniques founded in traditional finance, psychology and neuroscience to positively influence clients’ spending and saving behavior in the presence of challenging emotions.