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Father, son take award for research paper into risk biases Arun and Sid Muralidhar Arun Muralidhar and Sid Muralidhar were named co-recipients of the Investments & Wealth Institute Journal Research Award. The father-and-son team won the 2021 award for their article, "Behavioral Finance in Investing: The Existence and Importance of 'Investment Tribes' and Risk-Preference Diversity," confirmed Devon Coquillard, spokeswoman at the Investments & Wealth Institute. The article, which appeared in the Journal of Investment Consulting in 2020, explores how groups of individuals within investment manag...

IWI Readies Launch Of Open-Access Advisor Network The Investments & Wealth Institute is readying the launch of a financial professional community open to both IWI and non-IWI members. The Investments & Wealth Institute is continuing the technological progress made in 2020 with the planned launch of a new networking destination, called The Hive, which will be open to all financial professionals—not just IWI members. It is also remodeling its member directory to make it easier for consumers to find members and introducing membership tiers for professionals associated with IWI. Shepherdi...