Practical analysis for investment professionals

David Blanchett, PhD, CFA, CFP

Follow @davidmblanchett on Twitter

6 Posts

Biography

David Blanchett, PhD, CFA, CFP®, is managing director, portfolio manager, and head of retirement research for PGIM DC Solutions. PGIM is the global investment management business of Prudential Financial, Inc. In this role, he develops solutions to help improve retirement outcomes for investors with a specific focus on defined contribution plans. Prior to joining PGIM, he was the head of retirement research for Morningstar Investment Management LLC. Blanchett has published more than 100 papers in both industry and academic journals that have received a variety of awards, including the Financial Analysts Journal Graham and Dodd Scroll Award in 2015. Blanchett is currently an adjunct professor of wealth management at The American College of Financial Services and a research fellow for the Alliance for Lifetime Income. He was formally a member of the executive committee for the Defined Contribution Institutional Investment Association (DCIIA) and the ERISA Advisory Council (2018-2020). Blanchett holds a bachelor’s degree in finance and economics from the University of Kentucky, a master’s degree in financial services from The American College of Financial Services, a master’s degree in business administration from the University of Chicago Booth School of Business, and a doctorate in personal financial planning program from Texas Tech University. When he isn’t working, Blanchett is probably out for a jog, playing with his four kids, or rooting for the Kentucky Wildcats.

Author's Posts
What’s Your Client’s Optimal Equity Allocation?

Note to investment advisors: You may be overestimating the risks of equities for conservative investors with longer investment horizons.

Investment Returns Are NOT Random

Are investment returns random across time as Burton Malkiel suggests in his book, A Random Walk Down Wall Street? There is notable disagreement on this topic. This research finds that practitioners may need to rethink their portfolio optimization routines.

Regret and Optimal Portfolio Allocations

To understand risk for portfolio optimization purposes, we need to consider regret.

Rethinking Retirement Planning Outcome Metrics

Retirement, like life, is fundamentally uncertain. That's why we need to provide clients with more context about what missing their retirement-income goals might look like.

More Realistic Retirement Income Projections Require Dynamic Adjustments

How can we incorporate dynamic spending into retirement income projections?

Redefining the Retirement Income Goal

Spending flexibility must be better incorporated into the tools and outcomes metrics with which financial advisers advise clients.



By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close