Victor Ricciardi Curriculum Vitae (January 2021) 1

VICTOR RICCIARDI, BBA, MBA, APC

Huntley Hall, Room 101B

204 W Washington St, Lexington, VA 24450

vricciardi@wlu.edu; (540) 458-8313

BIO

Victor Ricciardi is a Visiting Assistant Professor of Finance at Washington and Lee University and the

Coordinator of Behavioral and Experimental Research at the Social Science Research Network (SSRN) at

www.ssrn.com. He is also an editor for eight SSRN eJournals in the topic areas of behavioral finance,

financial history, behavioral economics, behavioral accounting, accounting history, game theory, and

decision making under risk and uncertainty. Professor Ricciardi is a leading expert on the academic

literature and emerging research issues in behavioral finance. In his 15 years as the editor for the SSRN

Behavioral Finance eJournal and Behavioral Economics eJournal, he has reviewed and approved an

estimated 25,000 accepted paper abstracts and working papers for distribution in these eJournals. His

research on the psychology of risk (risk perception) and client behavior are highly recognized in

behavioral finance. In the past ten years in behavioral finance, Professor Ricciardi has completed two

major contributor series books, published over a dozen academic papers and book chapters, and written

over ten news stories and blogs. As of January 8, 2021, Professor Ricciardi’s papers have been

downloaded over 77,500 times and his “Author Rank” is 154 out of 550,092 individuals. This is

equivalent to a ranking of the “Top 1%” of all authors with papers available for download on the SSRN

eLibrary.

Victor Ricciardi was an Assistant Professor of Financial Management at Goucher College from

2010 to 2019. He taught undergraduate courses in personal financial planning, financial management

(corporate finance), global investments, behavioral finance, and the psychology of money. Professor

Ricciardi is also a former Assistant Professor of Finance from Kentucky State University from 2005 to

2008. He taught undergraduate courses in personal financial planning, corporate finance, investments,

cases in financial management, research and career skills in finance, money and banking, and behavioral

finance as well as a graduate course in corporate finance. While at Kentucky State University, the Faculty

Senate approved his proposal for a finance specialization after which the School of Business started to

offer an undergraduate specialization in finance within the Bachelor of Arts degree program. As part of

this finance specialization curriculum, a behavioral finance class served as the basis for a capstone course.

Kent Baker and Victor Ricciardi are co-editors of the book Investor Behavior: The Psychology of

Financial Planning and Investing was published in February 2014 and the book is part of the Wiley

Finance Series. This research endeavor is a contributor series book that incorporates 30 chapters written

by 45 leading experts (academics and practitioners) on the emerging research on investor psychology in

personal finance, financial planning, and investment management. Professor Ricciardi’s second book

Financial Behavior – Players, Services, Products, and Markets with Kent Baker and Greg Filbeck

serving as his co-editors and the publisher is Oxford University Press. This endeavor is a contributor

series book with 30 chapters and over 50 contributors, the publication date was June 2017. Investor

Victor Ricciardi Curriculum Vitae (January 2021) 2

Behavior and Financial Behavior are both being translated into Chinese and will be released in the next

couple of years.

He has given more than 80 presentations at seminars, workshops, conferences, and webinars the

past 20 years on investments, personal finance, risk perception, behavioral finance, and the Social Science

Research Network (SSRN). Professor Ricciardi is a member of the editorial board for the International

Journal of Behavioural Accounting and Finance, an editorial board member for the Journal of Behavioral

and Experimental Finance, and a reviewer for the Journal of Behavioral Finance & Economics. Professor

Ricciardi is an editorial and advisory board member for the Retirement Management Journal. He is also a

member of the advisory board of the Academy of Behavioral Finance & Economics, the National

Financial Educators Council (NFEC), and the Association of Professional Fund Investors.

Since 2011, Professor Ricciardi has been quoted or interviewed in more than 150 news stories in

media publications such as Reuters, CFA Magazine, MarketWatch, Money Magazine, Fox Business,

Bankrate, InvestmentNews, The Christian Science Monitor, Business Insider, NerdWallet, Kiplinger's

Personal Finance, Yahoo Finance, CNBC, U.S. News, Financial Advisor, MoneyScience, USA TODAY,

Financial Planning, INVESTOR'S BUSINESS DAILY, Forbes, ThinkAdvisor, CreditCards.com, Chicago

Tribune, CBS News, Bloomberg, Advisor News, FiduciaryNews, and WalletHub. He also has appeared on

more than 50 radio, podcast, and television interviews on various behavioral finance issues. He has

extensive name recognition as a behavioral finance expert with over 72,500 followers on Twitter and

more than 23,100 contacts in his LinkedIn professional network. He can be found on Twitter

@victorricciardi.

He began his professional career in New York City as an international portfolio accountant at

Alliance Capital Management and a mutual fund accountant for Dreyfus Corporation. He has also been

employed as an economic analyst at the Federal Deposit Insurance Corporation (FDIC). He has

completed major consulting research reports on grant-making activities, university financial and

accounting management systems, and an e-banking company case study. He has worked on consulting

projects on questionnaire research and investor behavior for FinaMetrica (a behavioral finance research

firm) and Armstrong Early, LLC. His current consulting projects involve developing risk tolerance

questionnaires, writing financial blogs, and training professionals about behavioral coaching techniques

for various financial and investment firms. He has more than 15 years of practical experience within the

financial services industry as a mutual fund accountant and behavioral finance consultant.

Professor Ricciardi received a BBA in Accounting and Management from Hofstra University and

an MBA in Finance and Advanced Professional Certificate (APC) in Economics from St. John's

University. He is a former doctoral candidate in finance and achieved all but dissertation (ABD) status at

Golden Gate University. His dissertation research focused on the expert decision-making process of

finance professors and financial planners in assessing perceived risk for common stock investments. He

also holds Graduate Certificates in Personal Family Financial Planning and Financial Therapy from

Kansas State University.

Victor Ricciardi Curriculum Vitae (January 2021) 3

EDUCATION

Graduate KANSAS STATE UNIVERSITY, Online Program

Studies Financial Therapy, Graduate Certificate

This certificate program was four graduate courses over a 12-month period.

Graduation date: May 2018 GPA: 4.0/4.0 cum

KANSAS STATE UNIVERSITY, Online Program

Personal Family Financial Planning Spring 2011 Cohort, Graduate Certificate

This certificate program was six graduate courses over a 14-month period

designed to prepare students for the Certified Financial Planner (CFP) exam.

Graduation date: May 2012 GPA: 3.8/4.0 cum

ST. JOHN'S UNIVERSITY, JAMAICA, NEW YORK

Advanced Professional Certificate (APC), May 1996

This program provides MBA graduates the opportunity to obtain an

additional area of specialization beyond the MBA degree.

Major: Economics GPA: 3.7/4.0 cum

ST. JOHN'S UNIVERSITY, JAMAICA, NEW YORK

Master of Business Administration (MBA), May 1995

Major: Finance GPA: 3.6/4.0 cum

Summary of Master’s coursework: Completed 18 graduate hours in finance and

18 graduate hours in economics while enrolled at St. John’s University.

Undergraduate HOFSTRA UNIVERSITY, HEMPSTEAD, NEW YORK

Studies Bachelor of Business Administration (BBA), May 1991

Double Major: Accounting and Management

Doctoral GOLDEN GATE UNIVERSITY, SAN FRANCISCO, CALIFORNIA

Study & Edward S. Ageno School of Business

Research Doctor of Business Administration (DBA), ABD Status

Former Doctoral Candidate, 1996-2005 (Inactive in the Program)

Area of Specialization: Finance Overall GPA: 3.9/4.0 cum.

Summary of Doctoral Education: Professor Ricciardi completed the required 12

doctoral courses and passed the 2 comprehensive exams as a full-time student from

1996 to 1999. In terms of the finance curriculum, Professor Ricciardi completed 16

credit hours of finance coursework and enrolled in 12 credit hours of dissertation

research. His behavioral finance dissertation topic focused on the risk perception for

common stock investments among financial planners and finance professors.

Published Book Chapters Based on Dissertation Research:

1) Victor Ricciardi. The Psychology of Risk. Behavioral Finance (Robert W. Kolb

Series), H. Kent Baker and John R. Nofsinger, Editors, John Wiley & Sons,

(2010). Available at SSRN: http://ssrn.com/abstract=1689554

2) Victor Ricciardi. Risk: Traditional Finance versus Behavioral Finance. Handbook of

Finance: Volume 3: Valuation, Financial Modeling, and Quantitative Tools,

Frank J. Fabozzi, Editor, John Wiley & Sons, (2008), pp. 11-38. Available at SSRN:

http://ssrn.com/abstract=1155983

3) Victor Ricciardi. The Psychology of Risk: The Behavioral Finance Perspective.

Handbook of Finance: Volume 2: Investment Management and Financial

Management, Frank J. Fabozzi, Editor, John Wiley & Sons, (2008), pp. 85-111.

Available at SSRN: http://ssrn.com/abstract=1155822

Working Papers Based on Dissertation Research

1) Victor Ricciardi. A Risk Perception Primer: A Narrative Research Review of the

Risk Perception Literature in Behavioral Accounting and Behavioral Finance.

Available at SSRN: http://ssrn.com/abstract=566802

2) Victor Ricciardi. The Financial Psychology of Worry and Women.

Available at SSRN: http://ssrn.com/abstract=1093351

Victor Ricciardi Curriculum Vitae (January 2021) 4

FULL-TIME TEACHING EXPERIENCE

0

FULL-TIME WASHINGTON AND LEE UNIVERSITY, LEXINGTON, VIRGINIA

TEACHING Williams School of Commerce, Economics, and Politics

EXPERIENCE Department of Accounting

7/2020-Present Visiting Assistant Professor of Finance

Course Portfolio: Teach courses at the undergraduate level, including managerial finance and behavioral

finance for the 2020-2021 academic year.

Overview of class size for finance courses:

For fall 2020 semester, average class size was 15 to 20 students per section.

For spring 2021, average class size was 17 to 24 students per section.

Major Teaching Accomplishment for the fall 2020 semester during COVID 19 pandemic: 100% attendance of

teaching all my classes in person (face to face setting). I taught a total of 35 class meeting days for three hours a

day for a total of 105 credit hours over a 12-week semester.

Media Appearances for fall 2020 semester:

Audio and Video Podcasts:

Victor Ricciardi's behavioral finance interview for the audio and video podcast program “The

Rational Reminder Podcast” program from Canada hosted by Benjamin Felix and Cameron

Passmore, Portfolio Managers at PWL Capital on October 1, 2020:

https://youtu.be/INPS9gyZnj0

https://rationalreminder.ca/podcast/118

Victor Ricciardi's behavioral finance video podcast interview with Will Olinger of Koss Olinger in

November 2020: https://www.kossolinger.com/victor-ricciardi/

Victor Ricciardi's behavioral finance podcast interview with Gary Clement of Clement Asset

Management in July 2020:

https://soundcloud.com/user-750194258/professor-victor-ricciardis-behavioral-finance-podcast-

interview-with-gary-clement

Interviews for Online News Stories:

Professor Ricciardi quoted in “Growing RIAs Aren't Bluffing. Clients Feel Let Down and Want New

Advisors” by Greg Bartalos on October 8, 2020:

https://www.riaintel.com/article/b1nqds1qt5hrnx/growing-rias-aren39t-bluffing-clients-feel-let-

down-and-want-new-advisors

Professor Victor Ricciardi was interviewed as an expert panelist on the personal finance website

CreditDonkey in November 2020: https://www.creditdonkey.com/invest-

money.html#interview=victor-ricciardi

Virtual Conference Appearance for fall 2020 semester:

Victor Ricciardi served as an expert panelist in behavioral finance for a retirement planning event

entitled “Building a Vision of a Better Future Self in a Very Stressed World” hosted by Nassau

Financial Group on December 2, 2020. https://imagine.nsre.com/reimagining-retirement-in-a-post-covid-world.html#part2

https://imagine.nsre.com/reimagining-retirement-in-a-post-covid-world.html

https://www.linkedin.com/feed/update/urn:li:activity:6747181547956289536/

Victor Ricciardi Curriculum Vitae (January 2021) 5

Research Activities, Professional Board Memberships and Research Accomplishments for fall 2020

semester:

SSRN eJournal Editor:

Editor, Behavioral & Experimental Finance eJournal (appointed in October 2004 to Present)

Editor, Behavioral & Experimental Economics eJournal (appointed in October 2004 to Present):

Editor, Microeconomics: Decision-Making under Risk & Uncertainty (appointed in November 2009 to Present)

Editor and Founder, Behavioral & Experimental Accounting eJournal (started in February 2005 to Present)

Editor and Founder, History of Finance eJournal (started in October 2008 to Present)

Editor and Founder, Behavioral & Experimental Finance (Editor's Choice) eJournal (started in January 2009

to Present)

Editor and Founder, History of Accounting eJournal (started in November 2008 to Present)

Editorial Board Member and Reviewer

Professor Ricciardi is an editorial and advisory board member for the Retirement Management Journal, 2018

to Present, Investments and Wealth Institute.

Professor Ricciardi is an editorial board member for the International Journal of Behavioural Accounting and Finance, 2008 to Present, Interscience Publishers.

Professor Ricciardi is an editorial board member for the Journal of Behavioral Finance & Economics, 2011

to Present, Academy of Behavioral Finance & Economics.

Professor Ricciardi is an editorial board member for the Journal of Behavioral and Experimental Finance,

2014 to Present, Elsevier.

Advisory Board Member

Professor Ricciardi is a member of the advisory board of the Academy of Behavioral Finance & Economics,

2011 to Present.

Professor Ricciardi is a member of the financial literacy Curriculum Advisory Board for the National

Financial Educators Council (NFEC), 2012 to Present.

Professor Ricciardi is a member of the advisory board for Association of Professional Fund Investors, 2018

to Present.

Research Accomplishments

SSRN Author Ranking

As of January 8, 2021, Victor Ricciardi’s papers have been downloaded over 77,500 times and his “Author Rank”

was 154 out of 550,092 individuals. This is equivalent to a ranking of the “Top 1%” of all authors (i.e., scholars

and practitioners) with papers available for download on the SSRN eLibrary. (This ranking is based on the total

downloads of an author’s collection of papers on SSRN.) Information Available at SSRN:

http://ssrn.com/author=262799

Google Scholar Citations Professor Ricciardi’s research has been cited over 1,480 times on Google Scholar and over 940 times since 2016,

information available at: https://scholar.google.com/citations?user=eTtPhr4AAAAJ

Note: For the period of 07/2019 to 6/2020, Professor Ricciardi was employed at the Social Science Research

Network, for additional information see section “Professional Experience” on page 18.

Victor Ricciardi Curriculum Vitae (January 2021) 6

FULL-TIME GOUCHER COLLEGE, TOWSON, MARYLAND

TEACHING Department of Business Management

EXPERIENCE Assistant Professor of Financial Management (Professor of Practice)

8/2010-6/2019

Course Portfolio: Taught courses at the undergraduate level: Personal financial planning, corporate finance

(financial management), global investments, behavioral finance, and the psychology of money.

Typical Teaching Load: The basic teaching load was six sections per academic year which included: two

sections of corporate finance (financial management), two sections of personal financial planning, one

section of global investments, and one section of behavioral finance.

Overview of class size for finance courses:

From 2011 to 2015, average class size was 16 to 22 students per section.

From 2016 to 2019, average class size was 20 to 25 students per section.

Unique Perspective: My experience in teaching finance was unique since I was the only finance professor on

staff during my tenure. Especially teaching at a business management program at a small liberal arts college

allowed for experimentation with different types of teaching approaches and presenting subject matter with

different methodologies.

Teaching Philosophy: Applied a wide range of standard and experimental teaching methods, including

lecture, discussion, seminar (workshop), application, demonstration or a combination of these approaches.

My choice of teaching methodology is tailored to the specific student category (e.g., lower-division

undergraduate finance course, upper-division undergraduate finance class).

Student Evaluations: A strong record of teaching performance based on the results of my student evaluations

for 18 semesters for a diverse collection of finance courses including personal financial planning, global

investments, behavioral finance, and financial management. My philosophy for teaching finance is to be very

thorough and rigorous but at the same time not to overwhelm students.

The Psychology of Money Course: Developed a new course on the behavioral aspects of money and financial

therapy for first year students (known as Frontiers) and taught this course twice in 2011 and 2012.

Personal Financial Planning Course: Developed a strong ability for teaching personal finance to non-

business and business students since this course was a free elective opened to all undergraduate students. In

addition, in the academic year 2011-2012, the business management program experienced substantial

enrollment increases for the personal financial planning and investments courses over the previous academic

year. Both courses experienced over a 400 percent enrollment increase from the last academic year (the

enrollment for the personal financial planning course increased from 5 students to 21 students and the

investments course increased from 5 students to 22 students).

Background in Accounting: Since the students have very limited accounting subject matter and knowledge.

My early career background as an accountant and undergraduate major in accounting helped me teach

accounting-related topics in various finance classes. For example, I was able to provide a solid presentation

of financial ratios, financial statements analysis, and financial forecasting in corporate finance/financial

management, a basic lecture on budgeting that is designed for business and non-business students in personal

financial planning, and the accounting aspects of trading on margin in global investments.

Behavioral Finance Subject Matter: In recent years, for three of my courses which include financial

management, personal financial planning, and global investments in order to enhance student learning and

increase interest within each course; supplemental topics in behavioral finance were covered. For example, in the

financial management course, I covered some research topics from behavioral corporate finance. In personal

finance planning, I covered the biases individuals suffer from during the retirement planning process. Lastly, in

the global investments course there was a discussion of why people underinvest in international stocks because

of familiarity bias.

Victor Ricciardi Curriculum Vitae (January 2021) 7

New Goucher College Curriculum: Redesigned 4 courses (financial management, personal financial planning,

behavioral finance, and global investments) from 3 to 4 credits since Goucher College switched most courses to

a 4-credit model. In addition, I have taught personal financial planning as a 2, 3 or 4 credit courses.

Advising Load: Provided advising to approximately 22 to 25 students on a yearly basis.

Study Abroad Advising: Additional advising experience since every student at Goucher College is expected

to complete a study abroad experience; either a 3-week intensive course or an entire semester.

Relationship Building with Students. A strong record and enjoyment of mentoring students especially about

careers in finance, applying to graduate school, and obtaining professional credentials in finance and accounting

especially CFP, CFA, and CPA.

Managing Student Internships: Served as an academic faculty mentor for students to complete the required

internship for business management minors and majors. (Managed an average of 8 to 10 students per

academic year.) Sample internship organizations were: Johns Hopkins Healthcare, American Dance Festival,

Maryland Transit Administration, Texas Department of Agriculture, Lazard, Hewlett Packard, Youth for

Christ (YFC), Salvation Army, World Relief, Financial Consulate, Picket Fence Tax Service, MassMutual,

Northwestern Mutual, Morgan Stanley, BoSoma Dance Company, Merrill Lynch, Gallant Financial

Planning, Synergy Financial Group, and Fiserv.

Strong Employment Outcomes for Business Students: Business management graduates obtained employment with

over 60 positions in finance for private, non-profit, or government sector organizations during my tenure. (This is

a significant accomplishment without a formal finance undergraduate program.) Sample companies include

Vanguard, Pinnacle Advisory Group, BlackRock, State Farm, T. Rowe Price, State Street, Goodman Advisory

Group, ADP, FINRA, Barclays Investment Bank, Wells Fargo Securities, Brown Advisory, Morgan Stanley,

Bank of America, Fidelity Investments, Prudential Insurance, Evensky & Katz, Colonial Life, Greenspring

Advisors, LongView Wealth Management, and Merrill Lynch.

Student Data Supporting Careers in Finance for Goucher Business Students. According to the Goucher College

Career Outcome Data that identified places students are employed after graduation (for the three years most

available) in finance and business management, included:

Class of 2016: 2% in finance, 5% in marketing, and 9% in business management.

Class of 2015: 4% in finance, 6% in marketing, and 12% in business management.

Class of 2014: 13% for finance and business management.

Media Appearances: Approximately 200 media appearances that included 150 online or in-print interviews or

quotes as well as over 45 podcast, radio, and television interviews. These various media appearances served to

market and advertise the business management program at Goucher College that helped with recruiting new

students. In addition, many of these media stories were used to enhance student learning in the classroom for all

of my finance courses.

SSRN Editor: Goucher College received international exposure because of my editorial role at the Social Science

Research Network (SSRN) for seven SSRN eJournals. The seven SSRN eJournals are distributed to thousands of

researchers across more than 75 countries; this provided Goucher academic prestige and recognition.

4 Major Accomplishments: During my tenure at Goucher College, I am especially proud of four major

accomplishments. In a five-year period, the completion of two co-edited books Investor Behavior and

Financial Behavior. In addition, the successful completion of two Graduate Certificates in Personal Family

Financial Planning and Financial Therapy from Kansas State University.

Professor of Practice Rank: My position was converted to the Professor of Practice rank in spring 2016 and

renewed in spring 2019. This allowed for a 3-year review process to be rehired for non-tenured faculty. From

2010 to 2016, my employment was based on one-year contracts.

Victor Ricciardi Curriculum Vitae (January 2021) 8

Service Responsibilities and Contributions to the Overall Goucher Community

Served as the faculty representative (advisor) for the Retirement Investment Committee, 2012-2019.

Served as the faculty representative (adviser) for the Endowment Investment Committee, Board of Trustees,

2017-2019.

Served as Yield Captain for Business Management Department, 2015-2018. Responsible for recruiting and

meeting with new admitted students interested in the business management program and met with an average

of 30 students per academic year.

Served as the faculty representative for the Business and Economics Club.

Served as a member of the Business Management Search Committee to fill an open accounting position,

2012-2013.

Served as a member for the Crossroad’s Faculty R&D Interest Group Committee, 2012-2013.

Gave a presentation on behavioral finance and risk-taking behavior on Wednesday, April 4, 2012 for an

event sponsored by the Goucher College Student Psychology Club.

In 2013-2014, served on the self-study assessment group for the business management department. In

particular, I was the main editor of the academic review portfolio report.

Gave a 1-hour presentation “Personal Finances: What to Know for Your First Full-time Employment

Opportunity after Graduation” during Senior Career Week on March 4, 2014.

Spoke at the Goucher alumni event for the class of 1940 hosted by an alumnus on April 9, 2014.

Developed and taught the new workshop “The Practical Skills and Psychology of Personal Finance” during

the January term in 2016.

Wrote the blog in 2016 “Vic’s Personal Finance Tips for Goucher College Students”

https://www.linkedin.com/pulse/vics-personal-finance-tips-goucher-college-students-victor-ricciardi

Presented a workshop on financial literacy during senior week on May 16, 2016 in coordination with the

Library and other administrative units on campus.

In 2015-2016, served as a member for the ad-hoc committee for Baltimore Working Group. Collected data

for all internships and employment by majors for all Goucher students in the past from 5 years from various

administrative units used in the committee final report.

In Fall 2016, 2017, and 2018, presented a 1-hour personal finance workshop to the Dance Capstone course at

the request of professor teaching the class.

In May 2017, presented a 90-minute workshop to faculty on various aspects of retirement planning and 14

individuals attended the seminar. Overall, the faculty evaluations for the workshop were very good to

excellent as rated by the attendees of the workshop.

During my tenure, I was an active member of the Goucher College Community, I attended important on-campus

events and department related meetings each academic year, including: Convocation, Baccalaureate,

Commencement, Admitted Students Days, faculty retreats, senior social dinner for the business students,

monthly faculty meetings, student sporting events, and student dance performances.

Note: For the period of 08/2008 to 7/2010, Professor Ricciardi was employed at the Social Science Research

Network, for additional information see section “Professional Experience” on page 18.

Victor Ricciardi Curriculum Vitae (January 2021) 9

8/2005-07/2008 KENTUCKY STATE UNIVERSITY, FRANKFORT, KENTUCKY

The School of Business

Assistant Professor of Finance

Teaching Activities, Accomplishments, and Experience:

• Taught an average of eight classes per academic year (4 courses per

semester) in finance for three years. (Note: I was the only Finance Professor on staff during this period of time.)

• Courses taught at the undergraduate level: Personal financial planning,

corporate finance, investment analysis, behavioral finance, money and

banking, cases in financial management, and career and research skills in

finance and investments.

• Courses taught at the graduate level: corporate finance.

• Teaching Philosophy: Applied a wide range of standard and experimental

teaching methods, including lecture, discussion, seminar (workshop),

application, demonstration or a combination of these approaches. My choice

of teaching methodology is tailored to the specific student category (e.g.,

lower-division undergraduate finance course, upper-division undergraduate

finance class, or graduate course).

• Student Evaluations: A strong record of outstanding teaching performance based

on the results of my student evaluations for six semesters for a diverse collection

of finance courses, including personal financial planning, investment analysis,

behavioral finance, and corporate finance (undergraduate and graduate levels.)

• Experience and flexibility in teaching different time periods:

Undergraduate coursework: Day (i.e., morning and afternoon) and

evening classes.

Graduate coursework: Weekday evenings (including Friday

evenings) and weekends (e.g., Saturday mornings).

• Overview of class size for finance courses: o Undergraduate Corporate Finance Class:

Average class size of 16 to 18 business students per section.

o Undergraduate Upper Division Finance Courses: .

Average class size of 10 to 12 students per section.

o MBA Corporate Finance Class: Average class size of 8 to 10 students per section.

• Developed a special initiative for improving the academic performance of

undergraduate students enrolled in the required corporate finance course by

offering three-hour review courses held on Saturday afternoons or Friday

evenings the week before mid-term and final exams.

Major Activities and Accomplishments within the Finance Program:

• Wrote a 97-page proposal for a new undergraduate Finance Specialization that

incorporated the development of new coursework and finance course electives listed

in the Kentucky State University Catalogue. (The program incorporated a total of 7

finance foundation classes (21 credit hours) and 6 finance elective courses.)

• In September 2005, conducted an observational research study of internet

homepages and reviewed the School of Business curriculum for 89 institutions.

The major finding of the study was only 46% (41 of 89) of the nation’s 4-year

Historically Black College & University (HBCUs) offered the undergraduate

finance major. (This data was collected to provide support and justification for the

approval of this program.)

• The Faculty Senate and President Sias of Kentucky State University approved

the proposal from the School of Business for a Finance Specialization in the

academic year 2006-2007. The School of Business started to offer the coursework for the Specialization in Finance within the Bachelor of Arts (BA)

degree in Business Administration in the Fall 2007 semester.

• As part of this Finance Specialization curriculum, a behavioral finance class

was the basis for a Capstone course taken by the student in their senior year.

(This was the first behavioral finance class offered as part of the finance

Victor Ricciardi Curriculum Vitae (January 2021) 10

coursework for a Kentucky Institution of Higher Education and Historically

Black College & University (HBCU) in the United States.)

• In the first year of the program, a total of six students successfully completed

the entire Finance Specialization curriculum in the 2007/2008 academic year.

• Re-established the Finance Minor: Five students successfully completed the

coursework requirements during my tenure.

• In the spring 2007 semester, the Faculty Senate approved my proposal for a

new Finance MBA class elective FIN 575: Behavioral Finance.

• Recommended and sponsored the application of my student advisee (full-time

finance student) for an undergraduate internship at Carnegie Mellon University.

The student was accepted to the Center for Behavioral Decision

Research (CBDR) 2008 summer research internship program at

Carnegie Mellon University (8-week period) for his interest and

knowledge of behavioral finance.

The CBDR internship is open to students interested in conducting

research on topics in social and cognitive psychology, behavioral

economics, charitable decision making, and risk perception. This is

a highly competitive program in which only a few undergraduate

students are accepted each academic year.

The student successfully completed the internship and graduated

with a Finance Specialization.

• Created an email database on Microsoft Excel of 60 students and 10 experts in

the Kentucky finance and investments industry. Contacted these individuals

twice per year about the current finance course offerings each semester that

resulted in improved School of Business enrollments.

• Student Recruitment Activities for Improving Enrollment in Finance Courses:

Guest speaker for two sessions (total of 75 students) for Dr. Lynn

Bower’s Psychology class on Tuesday, February 21, 2006. The topic of

my presentation was “The Psychology of Risk: A Behavioral Finance

Perspective.” During this presentation, we discussed professional

opportunities for students with academic training in psychology and

finance (e.g., potential careers in behavioral finance).

• In the 2007/2008 academic year, I donated $1,000 as part of the B.R.E.D.S.

annual campus giving campaign towards the establishment of the new class

FIN 472: Student Managed Mutual Fund Investment.

• Wrote an extensive 3-page proposal (request) for the Kentucky State

University Library to purchase the financial and investment software Value

Line with available library funds for undergraduate students in finance and

accounting and MBA students. (The library approved my annual request for

the required funds of $1,800 for the purchase of Value Line.)

• Requested the purchase of several hundred new titles in accounting, finance,

behavioral finance, economics, and investments by the library because of special

library funds made available by the Kentucky State Government. This collection of

books covered a wide range of student needs such as introductory, intermediate,

advanced, and MBA level resources. These additional resources purchased by the

library were intended to improve the knowledge and employment skills of students.

• Researched and made recommendations to the library staff about long-term

acquisitions of 6 online library databases to improve the resources for students.

Service Responsibilities:

• School of Business Committee Memberships/Assignments: Served on the

Content & Evaluation Committee, Student & Instructional Resources

Committee, MBA Committee, and Assessment Committee.

• University Committee Memberships/Assignments: Served on the Liberal

Studies Committee, and SACS Accreditation General Education Committee.

• Ad-Hoc Committee Memberships/Assignments: Served on the Math 125

Committee, and Accounting Faculty Job Search Committee.

Victor Ricciardi Curriculum Vitae (January 2021) 11

PUBLICATIONS – JOURNALS AND BOOK CHAPTERS

Baker, H. Kent, Filbeck, Greg, and Ricciardi, Victor. The Psychology of Financial Professionals and Their

Clients. (2019). Investments & Wealth Monitor, September-October 2019, pp. 15-20. (Academic Journal).

Available at SSRN: https://ssrn.com/abstract=3458946

Ricciardi, Victor and Simon, Helen K. What is Behavioral Finance? Business, Education & Technology

Journal, Vol. 2, No. 2, pp. 1-9, Fall 2000. This referred paper was translated in 2017 into Spanish for a

special issue manual on behavioral finance published by the Mexican Institute for Behavioral Economics.

Filbeck, Greg, Ricciardi, Victor, Evensky, Harold, Fan, Steve Z., Holzhauer, Hunter and Spieler, Andrew.

Behavioral Finance: A Panel Discussion (September 2017). Journal of Behavioral and Experimental

Finance, Volume 15, September 2017, pp. 52-58. (Academic Journal). Available at

SSRN: https://ssrn.com/abstract=3093427

Ricciardi, Victor. Chapter 26: The Psychology of Speculation in the Financial Markets (June 1, 2017).

Financial Behavior: Players, Services, Products, and Markets. H. Kent Baker, Greg Filbeck, and Victor

Ricciardi, editors, 481-498, New York, NY: Oxford University Press, 2017. (Book Chapter). Available at

SSRN: https://ssrn.com/abstract=2979067

Ricciardi, Victor. Chapter 2: The Financial Psychology of Players, Services, and Products (June 1, 2017).

Financial Behavior: Players, Services, Products, and Markets. H. Kent Baker, Greg Filbeck, and Victor

Ricciardi, editors, 23-41. New York, NY: Oxford University Press, 2017. (Book Chapter). Available at

SSRN: https://ssrn.com/abstract=2978892

Baker, H. Kent, Filbeck, Greg and Ricciardi, Victor. Chapter 1: Financial Behavior: An Overview (June 1,

2017). Financial Behavior: Players, Services, Products, and Markets. H. Kent Baker, Greg Filbeck, and

Victor Ricciardi, editors, 3-22. New York, NY: Oxford University Press, 2017. (Book Chapter). Available at

SSRN: https://ssrn.com/abstract=2974217

Ricciardi, Victor. The Role of Group Psychology in Behavioural Finance: A Research Starting Point for

Banking, Economic, and Financial Historians (February 11, 2017). Decision Taking, Confidence and Risk

Management in Banks: From Early Modernity to the 20th Century. Korinna Schönhärl, editor, 269-292,

Hampshire: Palgrave Macmillan, 2017. (Book Chapter). Available at

SSRN: https://ssrn.com/abstract=2915589

Baker, H. Kent, Filbeck, Greg, and Ricciardi, Victor. How Behavioural Biases Affect Finance Professionals

(January 2017). The European Financial Review, December-January 2017, pp. 25-29. (Academic Journal).

Available at SSRN: https://ssrn.com/abstract=2899214

Baker, H. Kent, Filbeck, Greg, and Ricciardi, Victor. (2017). “How Behavioural Biases Affect Finance

Professionals”. Rotman Management Magazine, Spring 2017, pp. 56-61. (Article reprinted for special

behavioral finance issue by the University of Toronto.)

Baker, H. Kent and Ricciardi, Victor. Understanding Behavioral Aspects of Financial Planning and Investing

(March 1, 2015). Journal of Financial Planning, Volume 28, Issue 3, pp. 22-26. (Academic Journal).

Available at SSRN: https://ssrn.com/abstract=2596202

Baker, H. Kent and Ricciardi, Victor. How Biases Affect Investor Behaviour (2014). The European

Financial Review, February-March 2014, pp. 7-10. (Academic Journal). Available at

SSRN: https://ssrn.com/abstract=2457425

Ricciardi, Victor and Rice, Douglas. Chapter 18: Risk Perception and Risk Tolerance (February 8, 2014).

Investor Behavior: The Psychology of Financial Planning and Investing. H. Kent Baker and Victor

Ricciardi, editors, 327-345, Hoboken, NJ: John Wiley & Sons, Inc., 2014. (Book Chapter). Available at

SSRN: https://ssrn.com/abstract=2381449

Victor Ricciardi Curriculum Vitae (January 2021) 12

Baker, H. Kent and Ricciardi, Victor. Chapter 1: Investor Behavior: An Overview (January 25, 2014). Investor Behavior:

The Psychology of Financial Planning and Investing. H. Kent Baker and Victor Ricciardi, editors, 3-24. Hoboken, NJ:

John Wiley & Sons, Inc., 2014. (Book Chapter). Available at SSRN: https://ssrn.com/abstract=2385229

Ricciardi, Victor. The Psychology of Risk (October 5, 2010). Behavioral Finance: Investors, Corporations, And Markets,

pp. 131-149, H. Kent Baker and John R. Nofsinger, editors, John Wiley & Sons, 2010. (Book Chapter). Available at

SSRN: https://ssrn.com/abstract=1689554

Ricciardi, Victor. The Psychology of Risk: The Behavioral Finance Perspective. Handbook of Finance: Volume 2:

Investment Management and Financial Management, Frank J. Fabozzi, editor, John Wiley & Sons, pp. 85-111, 2008.

(Book Chapter). Available at SSRN: https://ssrn.com/abstract=1155822

Ricciardi, Victor. Risk: Traditional Finance Versus Behavioral Finance. Handbook of Finance: Volume 3:

Valuation, Financial Modeling, and Quantitative Tools, Frank J. Fabozzi, editor, pp. 11-38, John Wiley &

Sons, 2008. (Book Chapter). Available at SSRN: https://ssrn.com/abstract=1155983

Ricciardi, Victor. A Research Starting Point for the New Scholar: A Unique Perspective of Behavioral Finance. ICFAI

Journal of Behavioral Finance, Vol. 3, No. 3, pp. 6-23, September 2006. (Academic Journal & Reprint of 2003 Paper.)

Available at SSRN: https://ssrn.com/abstract=928251

Ricciardi. Victor. (2003). A Research Starting Point for the New Scholar: A Unique Perspective of Behavioral

Finance. FSR Forum, Vol. 6. 1, pp. 6-17. (Special Academic Journal Issue in Behavioral Finance.)

Ricciardi. Victor. (2001). Book Review: Beyond Greed and Fear: Understanding Behavioral Finance and the

Psychology of Investing by Hersh Shefrin. TSAA Review, Winter (2001), pp. 6-7. (Academic Newsletter)

Ricciardi, Victor and Simon, Helen K. What is Behavioral Finance? Business, Education & Technology

Journal, Vol. 2, No. 2, pp. 1-9, Fall 2000. (Academic Journal). Available at

SSRN: https://ssrn.com/abstract=256754

Victor Ricciardi Curriculum Vitae (January 2021) 13

PUBLICATIONS – ARTICLES AND BLOGS

Baker, H. Kent., Ricciardi, Victor and Filbeck, Greg. 2018, November. “The Psychopath Test: Can

Psychopaths Caused the Financial Crisis?” FSFocus. pp. 16-17. (Published Article)

https://secure.viewer.zmags.com/publication/4ed3b22c#/4ed3b22c/16

Victor Ricciardi wrote six news stories (Published Articles) as a Financial Journalist in summer 2017 for

Brighthouse Financial:

“How Science Can Help You Understand Your Clients’ Decision Making” by Victor Ricciardi

https://www.brighthousefinancialpro.com/pro/insights/behavioral-finance/how-science-can-help-

you-understand-your-clients-decision-making/

“How to Help Your Clients Make More Rational Financial Decisions” by Victor Ricciardi

https://www.brighthousefinancialpro.com/pro/insights/behavioral-finance/how-to-help-your-clients-

make-more-rational-financial-decisions/

“How an Active or a Passive Bias May Affect Your Clients' Decisions” by Victor Ricciardi

https://www.brighthousefinancialpro.com/pro/insights/behavioral-finance/how-an-active-or-a-

passive-bias-may-affect-your-clients-decisions/

“How to Manage Clients’ Preconceptions about Financial Products” by Victor Ricciardi

https://www.brighthousefinancialpro.com/pro/insights/behavioral-finance/how-to-manage-clients-

preconceptions-about-financial-products/

“How Fear of Loss Can Influence Clients’ Financial Decisions” by Victor Ricciardi

https://www.brighthousefinancialpro.com/pro/insights/behavioral-finance/how-fear-of-loss-can-

influence-clients-financial-decisions/

“How Framing Influences Your Clients’ Financial Decisions” by Victor Ricciardi

https://www.brighthousefinancialpro.com/pro/insights/behavioral-finance/how-framing-influences-

your-clients-financial-decisions/

Baker, H. K., and Ricciardi, Victor. 2016, March 22. “Advising Clients During Turbulent Markets.” Journal

of Financial Planning: Practice Management Blog. (Published Article). Available at:

http://practicemanagementblog.onefpa.org/2016/03/22/advising-clients-during-turbulent-markets/

Victor Ricciardi wrote the blog in 2016 “Vic’s Personal Finance Tips for Goucher College Students”

https://www.linkedin.com/pulse/vics-personal-finance-tips-goucher-college-students-victor-ricciardi

Ricciardi, Victor. 2015, January. “Generation Y: Don’t Let the ‘Financial Crisis of 2008’ Prevent You from

Becoming a Millionaire.” Mindful Money Magazine, 1-2. (Published Article) Reprint available

at: https://www.linkedin.com/pulse/generation-y-dont-let-financial-crisis-2008-prevent-you-ricciardi

Victor Ricciardi wrote the blog in 2014 “5 Things Investors Need to Know about Investor Behavior”

https://www.linkedin.com/pulse/5-things-investors-need-know-investor-behavior-victor-ricciardi

Ricciardi, Victor. 2012, March. “Our 3-Year Market Hangover” MoneySense, (Published Article). Reprint

available at: https://www.moneysense.ca/save/investing/our-3-year-market-hangover/

Ricciardi, Victor. 2012, February. “Help Clients Worry Less, Invest More.” Advisor’s Edge. (Published

Article). Reprint available at: https://www.advisor.ca/investments/market-insights/make-clients-worry-less-

and-invest-more/

Victor Ricciardi Curriculum Vitae (January 2021) 14

BOOK PUBLICATION: INVESTOR PSYCHOLOGY

On February 10, 2014, Professor Ricciardi’s book with co-editor Kent Baker) Investor Behavior: The Psychology of Financial Planning and Investing was published by John Wiley & Sons. The book has 45

contributors for the 30 chapters, each chapter is about 8,500 words and the book is over 600 pages in

length. The format of each chapter is an academic review of the literature along with best practices for

improving investment decision making. The book is be part of the Wiley Finance Series. The authors

(contributors) in the book are leading experts (academics and practitioners) on the emerging research on

investor psychology in personal finance, financial planning, and investment management. The book is

available on Amazon.com at: http://www.amazon.com/dp/1118492986/ref=cm_sw_r_tw_dp_HT3-

sb1ZXAJAJ

Book description: Investor Behavior provides readers with a comprehensive understanding and the latest

research in the area of behavioral finance and investor decision making. Blending contributions from noted

academics and experienced practitioners, this 30-chapter book provides investment professionals with

insights on how to understand and manage client behavior; a framework for interpreting financial market

activity; and an in-depth understanding of this important new field of investment research. The book should

also be of interest to academics, investors, and students.

The book covers the major principles of investor psychology, including heuristics, bounded rationality,

regret theory, mental accounting, framing, prospect theory, and loss aversion. Specific sections of the book

will delve into the role of personality traits, financial therapy, retirement planning, financial coaching, and

emotions in investment decisions. Other topics covered include risk perception and tolerance, asset

allocation decisions under inertia and inattention bias; evidenced based financial planning, motivation and

satisfaction, behavioral investment management, and neurofinance. Contributions delve into the behavioral

underpinnings of various trading and investment topics including trader psychology, stock momentum,

earnings surprises, and anomalies. The final chapters of the book examine new research on socially

responsible investing, mutual funds, and real estate investing from a behavioral perspective. Empirical

evidence and current literature about each type of investment issue are featured. Cited research studies are

presented in a straightforward manner focusing on the comprehension of study findings, rather than on the

details of mathematical frameworks. For additional information, visit the Facebook page for Investor Behavior with over 3,500 followers: https://www.facebook.com/InvestorBehavior/

The following is the Table of Contents for the book, including chapter title, author(s), and author

affiliation(s) is available at this weblink: https://www.wiley.com/en-

us/Investor+Behavior%3A+The+Psychology+of+Financial+Planning+and+Investing-p-

9781118492987#content-section

BOOK PUBLICATION: FINANCIAL BEHAVIOR

Professor Ricciardi’s second book Financial Behavior – Players, Services, Products, and Markets with H.

Kent Baker and Greg Filbeck serving as his co-editors and the publisher is Oxford University Press. This

endeavor is a contributor series book with 30 chapters and over 50 contributors, the publication date was

June 1, 2017. The book is over 600 pages in length. The book is available on Amazon.com at:

https://www.amazon.com/dp/0190269995/ref=cm_sw_r_tw_dp_x_2Mgdzb2M70T24

Book description: Financial Behavior provides a synthesis of the theoretical and empirical literature on the

financial behavior of major stakeholders, financial services, investment products, and financial markets. It

offers a different way of looking at financial and emotional well-being and the processing of beliefs,

emotions, and behaviors related to money than provided by traditional academic finance. The book provides

important insights into how cognitive and emotional biases influence various financial decision makers,

services, products, and markets. Because noted scholars and practitioners write on their areas of expertise,

readers can gain an in-depth understanding of multiple topic from experts around the world.

The following is the Table of Contents for the book, including chapter title, author(s), and author

affiliation(s) is available at this weblink:

https://www.oxfordscholarship.com/view/10.1093/acprof:oso/9780190269999.001.0001/acprof-

9780190269999

Victor Ricciardi Curriculum Vitae (January 2021) 15

BOOK REVIEWS AND AWARDS

Book Reviews—Investor Behavior

Book Review in the Financial Analysts Journal by Ronald L. Moy:

http://www.cfapubs.org/doi/full/10.2469/br.v9.n1.20

Investor Behavior is an excellent book for anyone who wishes to detour from the beaten path of

behavioral finance and to implement what has been learned about investor psychology to better

understand traders and assist clients.-- Ronald L. Moy, CFA, is associate professor of finance at St.

John’s University.

Book Review in ThinkAdvisor (Originally published in Investment Advisor) by Bob Clark

http://www.thinkadvisor.com/2014/08/25/investor-behavior-by-the-book?t=the-client&page_all=1

“For advisors who are interested in keeping on the cutting edge of behavioral finance, it’s a must-

have. But be warned: For info junkies like me, this is like heroin.” --Bob Clark

Hayes, Suzanne K. (2015-01-01). "Review". Journal of Financial Counseling and Planning. 26 (1): 113.

“This book is a fascinating read and would be informative for finance professionals working with

clients and those trading for their own account…The content provides an excellent overview of the

area of behavioral finance for students, professors, and financial practitioners…I highly recommend

this book to the readers of JFCP.” -- Suzanne K. Hayes, Ph.D., is an Associate Professor of

Accounting and Finance at the University of Nebraska.

Book Reviews—Financial Behavior

Book Review in the Financial Analysts Journal by Martin Fridson

https://blogs.cfainstitute.org/investor/2018/05/04/book-review-financial-behavior/

"Financial Behavior is a rich resource for professionals who are devoted to the financial well-being

of wealthy individuals and recognize that understanding one’s clients consists of more than knowing

their risk tolerances and return expectations." -- Martin Fridson, CFA

Gabriel, S.J. "Financial behavior: players, services, products, and markets." CHOICE: Current Reviews for

Academic Libraries, Dec. 2017, p. 491-492.

“It is arguably one of the most comprehensive presentations on the way the new paradigm of

behavioral finance impacts the financial landscape and the microeconomics of agency. The text is

unusual in both the extensive ground it covers and its potential readership. Summing Up: ****

Essential. Upper-division undergraduates through professionals.” --S. J. Gabriel, Mount Holyoke

College

Book Awards

H. Kent Baker and Victor Ricciardi, winner in the “Business: Personal Finance/Investing” category of the

2015 USA Best Book Awards for the 2014 book Investor Behavior: The Psychology of Financial Planning and Investing. Hoboken, NJ: John Wiley & Sons.

H. Kent Baker and Victor Ricciardi, finalist in the “Business: Reference” category of the 2015 USA Best

Book Awards for the 2014 book Investor Behavior: The Psychology of Financial Planning and Investing.

Hoboken, NJ: John Wiley & Sons.

Chinese Translation of Both Books

Investor Behavior and Financial Behavior are both being translated into Chinese and will be released within

the next couple of years. (The publishers have not released the actual publication date yet.)

Victor Ricciardi Curriculum Vitae (January 2021) 16

BOARD MEMBERSHIPS IN FINANCE

Professor Ricciardi is a reviewer for these four leading academic journals, including:

Professor Ricciardi is an editorial and advisory board member for the Retirement

Management Journal: https://investmentsandwealth.org/publications/retirement-management-journal/editorial-

advisory-board

Professor Ricciardi is an editorial board member for the International Journal of

Behavioural Accounting and Finance:

http://www.inderscience.com/browse/index.php?journalCODE=ijbaf

Professor Ricciardi is an editorial board member for the Journal of Behavioral Finance &

Economics: http://aobf.org/publications.html

Professor Ricciardi is an editorial board member for the Journal of Behavioral and

Experimental Finance: http://www.journals.elsevier.com/journal-of-behavioral-and-

experimental-finance/

Professor Ricciardi is a member of the advisory board of the Academy of Behavioral Finance & Economics:

http://www.aobf.org/advisoryboard.html

In recognition of Professor’s Ricciardi work in the field of behavioral finance, during the academic year he

serves as an advisory board member in financial literacy:

Professor Ricciardi is a member of the financial literacy Curriculum Advisory Board for the

National Financial Educators Council (NFEC), press release available at:

http://www.prweb.com/releases/2012financial-literacy/advisor/prweb9112843.htm

https://www.financialeducatorscouncil.org/curriculum-advisory-board/

Professor Ricciardi is a member of the advisory board for Association of Professional Fund Investors

https://profundinvestors.org/about-us/

https://www.investmenteurope.net/investmenteurope/news/3711341/behavioural-economics-professor-joins-

advisory-board-apfi

AFFILIATIONS/MEMBERSHIPS IN:

Finance

Financial Management Association (FMA)

American Finance Association (AFA)

Behavioral Finance

Academy of Behavioral Finance & Economics

Financial Therapy Association

Investing American Association of Individual Investors (AAII), Lifetime Member

Financial Planning

Financial Planning Association

Behavioral Economics

The Society for the Advancement of Behavioral Economics (SABE)

Victor Ricciardi Curriculum Vitae (January 2021) 17

RESEARCH EDITOR FOR SSRN eJOURNALS IN FINANCE

In October 2004, Professor Ricciardi was appointed by Dr. Michael Jensen, Harvard University and SSRN

Chairman as an Editor for the Social Science Research Network (SSRN) at www.ssrn.com. Currently, an

Editor for these SSRN eJournals in Finance:

SSRN Behavioral & Experimental Finance (Editor's Choice) eJournal:

SSRN Behavioral & Experimental Finance eJournal:

SSRN History of Finance eJournal:

SSRN Author Rank: As of January 8, 2021, Victor Ricciardi’s papers have been downloaded over 77,500 times

and his “Author Rank” was 154 out of 550,092 individuals. This is equivalent to a ranking of the “Top 1%” of all

authors (i.e., scholars and practitioners) with papers available for download on the SSRN eLibrary. (This ranking is

based on the total downloads of an author’s collection of papers on SSRN.) Information Available at SSRN:

http://ssrn.com/author=262799

Google Scholar Citations: Professor Ricciardi’s research has been cited over 1,475 times on Google Scholar and

over 940 times since 2016, information available at: https://scholar.google.com/citations?user=eTtPhr4AAAAJ

RESEARCH-RELATED TRAINING

• Enrolled in a three-week online course and completed a certificate program on the topic of an

“Overview of Risk Analysis” offered by the Joint Institute of Food Safety and Applied Nutrition,

University of Maryland in February 2006.

• This course increased my understanding of the various behavioral and non-financial factors of risky

situations and hazardous activities in psychology that have application in my research on financial

risk perception.

RESEARCH INTERESTS

AREAS OF Behavioral Finance, Risk Perception (The Research of Paul Slovic and Robert A. Olsen),

RESEARCH Mutual Fund Investing for Novice and Intermediate Investors, Asset Allocation,

INTEREST Investor Perception, Risk-Taking Behavior, Risky Shift Effect, Groupthink Concept,

Survey Research in Finance and Investments, The Decision-Making Process of Financial

Experts (Finance Professors and Financial Professionals), Demographic and Emotional

Issues in Financial Decision Making, Financial Education, Financial History,

Entrepreneurship, Financial Coaching, Financial Therapy, Writing Literature Review and

Conceptual Papers on Behavioral Finance Topics.

SUMMARY OF CLASSES TAUGHT SINCE 1995

0

1) Corporate Finance/Financial Management (Undergraduate and Graduate)

2) Global Investments or Investments (Undergraduate)

3) Personal Finance/Financial Planning (Undergraduate)

4) Behavioral Finance (Undergraduate and Graduate)

5) Money and Banking (Undergraduate)

6) Managerial Economics (Graduate)

7) Economics for Managers (Graduate)

8) Career and Research Skills in Finance and Investments (Undergraduate)

9) Cases in Financial Management (Undergraduate)

10) The Psychology of Money-Freshman Seminar (Undergraduate)

Victor Ricciardi Curriculum Vitae (January 2021) 18

PROFESSIONAL EXPERIENCE

SOCIAL SCIENCE RESEARCH NETWORK (SSRN) at WWW.SSRN.COM

10/2004-Present eJournal Editor and Coordinator of Behavioral & Experimental Research

• In October 2004, appointed by Dr. Michael Jensen, Harvard University and

SSRN Chairman as an Editor for eJournals in the Economics Research Network

(ERN) and the Financial Economics Network (FEN). Also, appointed by Dr. Ross

Watts, MIT as Editor for eJournals in Accounting Research Network (ARN).

Editor, Behavioral & Experimental Finance eJournal (appointed in October 2004):

Editor, Behavioral & Experimental Economics eJournal (appointed in October 2004):

Editor, Microeconomics: Decision-Making under Risk & Uncertainty (appointed in

November 2009):

Editor and Founder, Behavioral & Experimental Accounting eJournal (started in

February 2005):

Editor and Founder, History of Finance eJournal (started in October 2008):

Editor and Founder, Behavioral & Experimental Finance (Editor's Choice)

eJournal (started in January 2009):

Editor and Founder, History of Accounting eJournal (started in November 2008).

• On a yearly basis, responsible for the approval of eJournal content and

distribution of an estimated 700 email journals (or an average of 15 to 20

eJournal issues per week) that are distributed (published) with the

announcement of over 3,500 working papers and accepted paper abstracts to

SSRN subscribers.

• Invited and recruited 120 leading scholars that agreed to serve on the Advisory

Editorial Board of eJournals in the areas of behavioral finance, financial

history, behavioral economics, accounting history and behavioral accounting.

• Developed over 50 special eJournal issues based on emerging research themes,

concepts, and theories in behavioral finance and economics.

• Developed two workshops on the SSRN website and presented them over 10 times

to different audiences (e.g., regional and national conferences) in 2005 to 2008:

1) “A Workshop on the Social Science Research Network (SSRN)” Available at

SSRN: https://ssrn.com/abstract=879685

2) “Facilitating Research with the Social Science Research Network (SSRN):

An Editor's Perspective” Available at SSRN:

https://ssrn.com/abstract=928110

• In February 2006, named the new Coordinator of Behavioral & Experimental

Research for the Social Science Research Network (SSRN) by Dr. Michael Jensen,

Harvard University and SSRN Chairman and Gregg Gordon, SSRN President.

• In 2008/2009 worked with Michael Jensen and Gregg Gordon on a special project in

the development of the “highly successful” new SSRN product known as the “Editor's

Choice” eJournal that is now utilized by SSRN Editors across various research

networks. (My eJournal version of Editor’s Choice is called “Vic’s Picks” in

behavioral finance.)

• Classifier (appointed in November 2008) for eJournals in the Entrepreneurship Research &

Policy Network (ERPN) (www.ssrn.com/erpn/index.html) sponsored by the Kauffman

Foundation.

• Classifier (appointed in November 2008) for eJournals in the Corporate

Governance Network (CGN) (www.ssrn.com/cgn/index.html) sponsored by the

IRRC Institute.

o Review submitted abstracts for each network then classified them into appropriate

subject-oriented eJournals in the fields of entrepreneurship and corporate

governance.

Victor Ricciardi Curriculum Vitae (January 2021) 19

CONSULTING GOLDEN GATE UNIVERSITY, SAN FRANCISCO, CALIFORNIA

RESEARCH PROJECT Sponsored Grant Researcher in the Office of the President

1/2000-9/2000 * Awarded $4,000 for the period January 2000 to September 2000 to conduct

an in-depth study of the feasibility of obtaining research and non-research

foundation grant programs for Golden Gate University.

* The final report was an 80-page research report entitled “An Overview

Report and Extensive Study for President Philip Friedman: The Potential for

Golden Gate University to Obtain Foundation Grant-Making Funds.”

* Responsibilities included: the collection and assessment of sponsored grant

opportunities to full-time faculty and program resources at Golden Gate

University. In addition, to conduct case studies of other similar institutions

to determine and evaluate the likelihood of success.

* The final results revealed over 200 individual foundation grants worth over $5

million in 1998 Golden Gate University could have applied for that were

awarded to similar institutions. Also, the study examined 184 competitor

schools (with an urban mission) regarding their grant making activities.

CONSULTING PACIFIC CREATIONS: GLOBAL MARKETING RESEARCH & CONSULTING

REPORTS (CLIENTS) SAN FRANCISCO, CALIFORNIA, Financial Research Consultant

9/1999-6/2000 * Hired as a financial research consultant and wrote a 50-page research report for

the Japan External Trade Organization (JETRO) entitled “An Overview Report

Regarding University Management Systems in the United States.” (Report was

completed in March 2000).

* The 2 main sections of this report focused on:

1. The University Management Structure: The Decision-Making Process

2. The University Accounting and Financial System

* In April 2000, a decision was made by the client to translate my research

report into Japanese for government agencies in Japan.

12/2000-4/2001 PACIFIC CREATIONS: GLOBAL MARKETING RESEARCH & CONSULTING

SAN FRANCISCO, CALIFORNIA, Internet Research Consultant

* Hired as a Internet research consultant and wrote a 15-page research report (for

JETRO) entitled “WingspanBank.com: An e-banking Case Study.”

(Report was completed in February 2001).

* The purpose of the report was to analyze the future prospects of the

corporation and the main benefits and drawbacks of the online banking industry.

GOVERNMENT FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC), CALIFORNIA

EXPERIENCE The Division of Insurance (DOI), The San Francisco Region

5/98-5/99 Research Assistant/Economic Analyst

• The mission of the Division of Insurance is to analyze potential risks to the

banking industry and the deposit insurance funds. This department

communicates its findings to bankers and bank regulators.

• Wrote economic overviews (articles) and incorporated various economic

indicators within these papers for states such as Alaska, Hawaii, Wyoming,

Utah, Nevada, Oregon, and Washington State.

• Prepared and reviewed financial information and economic data for the

Regional Manager, Economist, and Financial Analyst within the department.

• Assisted and provided comments on the entire writing and editing process for

4 quarterly issues of The FDIC San Francisco Regional Outlook.

• Responsible for a quarterly project that involved economic data analysis and

checking the FDIC website for accurate and correct economic and banking

statistics for the 11 states in the San Francisco Region.

• Prepared and created reports listing the total number of banks and the total

value of bank assets for the 11 states within the San Francisco Region.

• Performed mathematical calculations and economic analysis with software programs

such as the economic database Haver and the spreadsheet program Microsoft Excel.

Victor Ricciardi Curriculum Vitae (January 2021) 20

PUBLISHING GOLDEN GATE UNIVERSITY, SAN FRANCISCO, CALIFORNIA

EXPERIENCE Market Technicians Association (MTA) Journal

9/97-9/99 Assistant to the Editor

* Assisted the Editor with receiving, cataloging, and screening of papers

submitted by academics and practitioners for publication in the MTA Journal.

* Responsible for designing and installing systems as well as developing

procedures for efficient cataloging and screening of papers.

* Collaborated and communicated with the Editor, the Associate Editor,

the members of the Editorial Review Panel, the authors, the graphics designer

and manuscript processor, the MTA Office Manager, the Accreditation

Committee, and the MTA President in striving to provide the highest

standards of quality service for the MTA Journal.

* Duties included: reviewing and editing articles for grammar, correct research

methods and interpretation of quantitative information such as graphs,

statistics, time-series data, financial analysis, and economic data.

* The main topics covered within the MTA Journal were areas such as technical

analysis, behavioral finance, and economic analysis.

* Assisted in the publication of two semi-annual issues of the MTA Journal: Winter-Spring1998: Issue 49 and Summer-Fall 1998: Issue 50.

ACCOUNTING ALLIANCE CAPITAL MANAGEMENT L.P., NEW YORK CITY, NY

EXPERIENCE The Pension Fund and Institutional Investor Department

4/93-8/95 Senior International Portfolio Accountant

• Calculated, analyzed, and reviewed the Net Asset Value (NAV) Price for

pension and institution investor accounts.

• The portfolios consisted of debt, equity, derivative and international securities.

• Analyzed foreign and domestic bank accounting reports and prepared

financial statement bank reconciliations.

• Documented, reviewed, and processed all domestic foreign transactions involving

corporate actions, dividends, and foreign exchange contracts.

• Organized and implemented foreign dividend schedule for tax department

consisting of 2,000 foreign dividends transactions for 40 countries.

• Prepared and presented monthly, quarterly, and yearly accounting reports

for investment professionals, business executives, and institutional investors.

9/91-3/93 THE DREYFUS CORPORATION, NEW YORK, NEW YORK CITY, NY

The Equity Mutual Fund Department

Portfolio Accountant

• Calculated, analyzed, and reviewed the Net Asset Value (NAV) Price for mutual

Funds that were published on a daily basis in the financial section of every

major newspaper in the country under the Dreyfus Family of Funds.

• Responsible for transactions involving U.S. Treasury Bills, domestic stock,

foreign stocks and bonds, mergers and acquisitions, futures, short sales, and options.

• Conducted accounting and financial analysis for the Capital Value Fund,

S&P Midcap Fund, Global Investing Fund, and Small Cap Variable Fund.

• Prepared and reviewed financial statements for semi-annual and annual audits.

• Communicated on a daily basis with bank administrators, traders, brokers,

and portfolio managers.

• Accounted for and reviewed foreign conversions and trade settlements in countries

such as Hong Kong, Malaysia, Germany, France, United Kingdom, and Australia.

WORK EXPERIENCE HARRY M. STEVENS, SHEA STADIUM, FLUSHING, NY

4/85-8/91 Food and Beer Vendor at New York Mets home games & Rolling Stones concerts.

* Promoted, sold, and distributed various products during events.

* Received the employee award for five years of excellent service.

Victor Ricciardi Curriculum Vitae (January 2021) 21

PART-TIME TEACHING EXPERIENCE

TEACHING EXPERIENCE GOLDEN GATE UNIVERSITY, SAN FRANCISCO, CALIFORNIA

IN CALIFORNIA Edward S. Ageno School of Business

Fall 1997, Summer & Adjunct Professor, Undergraduate Course

Fall 1998, Spring, Summer Course Objective: To furnish students with an introductory and expanded

& Fall 1999, Spring 2000 understanding of the concepts and theories of corporate finance.

* Taught a three-credit Financial Management class for a group of 25 to 35

undergraduate and graduate students. Class meetings were one night per

week (2 hours and 40 minutes) for 15 weeks.

* Responsibilities included: developing and preparing lesson plans for teaching

students on a weekly basis, evaluating term papers, and grading exams.

* Some specific topics covered during the semester were: the time value of

money, risk and return, financial ratios, working capital, capital budgeting,

long-term capital structure, securities valuation, and dividend policy.

* Teaching Methodology: For this class, I developed a final project with a 5-page

outline and 10-page handout for conducting a financial analysis of stocks covered by

the Value Line Publications and industry analysis from S&P Reports.

Fall Term 1999 Adjunct Professor, Graduate Course

Course Objective: To furnish graduate students with a basic and

expanded understanding of the concepts and theories of behavioral finance.

* Taught a three-credit Behavioral Finance class for a group of approximately 15

graduate students. Class meetings were one night per week for 15 weeks.

* This class incorporated a “team-teaching approach” with Dr. Hank Pruden. We

taught this class together combining his background in technical analysis and my

background in corporate finance, portfolio management, and personal finance.

* Responsibilities included: developing and preparing lesson plans for teaching

students on a weekly basis, evaluating term papers, and grading case studies.

* Some specific topics that were covered during the semester included: the

psychology of finance investing, risk-taking behavior, behavioral finance,

financial anomalies, trading strategies, and applications of technical analysis.

* Teaching Methodology: For this class, we conducted seminar-type classes with

extensive student involvement and discussion because this was an exploratory class.

* A behavioral finance case study was developed to evaluate the behavior of how

a board of trustees would invest university endowment funds.

Spring Term 1998 GOLDEN GATE UNIVERSITY, WALNUT CREEK, CALIFORNIA

Fall Term 1999 Edward S. Ageno The School of Business

Adjunct Professor, Graduate Course

Course Objective: To furnish corporate managers with an expanded

understanding of the concepts and theories of economics.

* Taught a three-credit Economics for Managers class for a group of

20 graduate students. For the Spring 1998 term, class meetings were one

night per week (4 hours) for 10 weeks. For the Fall 1999 term, class

meetings were one Saturday per week (8 hours) for 5 weeks.

* Responsibilities included: developing and preparing lesson plans for teaching

students on a weekly basis, evaluating term papers, and grading exams.

* Some specific topics covered were: macroeconomics and microeconomics, domestic

and international economic policies, major issues in business economics, regional

state economics, an emphasis on the application of economic analysis to current

events, and the relationship between the economy and the financial markets.

* Teaching Methodology: For this class, I emphasized basic economic theory and

important current issues. The objective was to attempt to teach business managers how to improve their decision-making process in the real world using certain key

economic theories, indicators, and statistics.

Victor Ricciardi Curriculum Vitae (January 2021) 22

TEACHING

WORKSHOPS GOLDEN GATE UNIVERSITY, SAN FRANCISCO, CALIFORNIA

Spring Term 1999 Edward S. Ageno The School of Business

Summer Term 1999 Workshop Instructor for Undergraduate and Graduate Students

Spring & Fall 2000 Objective: To provide students with a one day workshop for 6 hours and

Summer 2001 review on the Time Value of Money and the HP-12C Calculator.

* Taught a 3-hour workshop for each topic area to groups of 25 to 40 students

in order to provide them with a review session. The morning session was for the

Time Value of Money and the afternoon session for the HP-12C Calculator.

* Developed handouts and lesson plans specifically for these workshops.

5/98-8/98 NORTHWESTERN POLYTECHNIC UNIVERSITY, FREMONT, CA

Summer Term 1998 The School of Business,

Adjunct Professor, Graduate Course

Course Objective: To furnish students with an expanded and in-depth

understanding of the concepts and theories of financial management.

* Taught a three-credit Corporate Finance class for a group of 15 graduate

students. Class meetings were one night per week for 15 weeks.

* Responsibilities included: developing and preparing lesson plans for teaching

students on a weekly basis, evaluating term papers, and grading exams.

* Specific topics that were covered during the semester: A systematic approach

to the acquisition and use of financial resources. Analysis of new issues of

stock and bonds, capital projects, and dividend policies to be considered. An

emphasis on the forecasting of financial statements, management of investment

projects, leasing, and mergers and acquisitions.

* Teaching Methodology: For this class, I developed a final project

accompanied by an outline and handout for conducting a financial analysis of a

specific stock from the Internet sites such as Yahoo and using company

financial statements including annual reports.

1/97-5/97 DOMINICAN UNIVERSITY OF CALIFORNIA, SAN RAFAEL, CALIFORNIA

Spring Term 1997 The School of Business and International Studies

Adjunct Professor, Undergraduate Course

Course Objective: The purpose of this course was for students to develop a

substantial knowledge of the investment process and learn how to apply this

process to their personal lives as well as their professional careers.

* Taught a three-credit Investments class for a group of 20 undergraduate

students.

* Responsibilities included: developing and preparing lesson plans for teaching

students on a weekly basis, evaluated term papers, and graded exams.

* Some specific topics covered during the semester were: different types of

investments, investment approaches and strategies, the financial markets, asset-

pricing models, and the influence of taxation on investments.

* Teaching Methodology: For this class, I assigned two short papers that

discussed current topics within the field of finance in order to improve the

student’s writing skills. In addition, each student had a final project that

involved investing a hypothetical $5,000 in a stock and a mutual fund

within a diversified portfolio.

Victor Ricciardi Curriculum Vitae (January 2021) 23

TEACHING SUNY EMPIRE STATE COLLEGE AT NYNEX, JAMAICA, NEW YORK

EXPERIENCE The Corporate/College Program

IN NEW YORK Academic Instructor, Undergraduate Course

8/95-6/96

Fall Term 1995 Course Objective: To provide basic concepts of personal financial planning

Spring Term 1996 to students on topics such as budgeting, investments, financial planning, tax

planning, and retirement issues.

* Taught 3 sections over two semesters in Introduction to Financial

Planning and Personal Finance for a group of 10 to 12 undergraduate

students per class.

* Teaching Methodology: For this class, I assigned two short papers that

discussed current topics within the field of finance in order to improve the

student’s writing skills. Each student had a final project that involved

investing a hypothetical $1,000 in a stock and a mutual fund within a

diversified portfolio.

* Developed and prepared lesson plans for teaching students on a weekly basis.

* Made substantial progress in improving the writing skills of many of the

students enrolled in this class.

* Created and reviewed a Learning Contract with students.

* Integrated pension and investment benefits package offered by NYNEX into

class study.

* The main aspects and teaching methodology of the NYNEX corporate

college program were the following:

o Workplace education.

o Nontraditional student population: Age and diversity.

o Learning by Contract.

o Development of a student learning portfolio in each contracted study.

o Narrative evaluation at the conclusion of each contracted study.

Victor Ricciardi Curriculum Vitae (January 2021) 24

WEBINARS, WEBCASTS, REMOTE CONFERENCE PRESENTATIONS, AND SOCIAL MEDIA ACTIVITIES

Victor Ricciardi presented the webinar “Financial Behavior: The Psychology of Client Communications” hosted

by the Financial Therapy Association on July 13, 2018, available at: https://fta.memberclicks.net/webinar-2018-

310-post

Victor Ricciardi was an expert panelist for “The Future of Banking: Balancing Data Science with Data Artistry” hosted

by BrightTalk on July 17, 2018, available at: https://www.brighttalk.com/webcast/13689/328227

Victor Ricciardi was interviewed on behavioral finance on the F.A.C.E. Webinar program on March 15, 2018,

available at: https://www.youtube.com/watch?v=Z_92vzAAJ60

“Making behavioral finance work for your practice” webinar with Victor Ricciardi, Don Egan, and Michael

Pompian on Oct. 23, 2017 sponsored by Financial Planning magazine, available at:

http://pages.marketing.financial-planning.com/20171023_fnp_citrix_ws_confirmation-od.html

Victor Ricciardi was a guest speaker in Reuters’ Global Markets Forum to discuss his book “Investor Behaviour”

on March 27, 2017. (The Global Markets Forum is a 24-hour global community for traders and investors.)

Victor Ricciardi hosted and served as panelist for a Twitter chat entitled “Clarifying Credit Card Confusion” on

February 22, 2017.

Victor Ricciardi presented the “The Psychology of Risk Taking.” Webinar for a financial analyst firm on

September 30, 2016.

Victor Ricciardi was an expert panelist on the webcast “Finance in Focus: What is behavioral finance?” hosted by

IBM Big Data &Analytics Hub on July 8, 2016: https://www.ibmbigdatahub.com/podcast/finance-focus-what-

behavioral-finance

Victor Ricciardi hosted a Twitter chat for Charles Schwab Live about investment issues on April 27, 2016.

Victor Ricciardi and Gene Todd presented the webcast “Using Behavioral Finance to Guide Your Clients When

Markets Turn Sour” hosted by InvestmentNews on March 8, 2016, available at:

https://www.investmentnews.com/dcce/20160308/18/18/ACTIVE_WEBCAST/3392200

Victor Ricciardi presented “Helping Clients Cope with Market Volatility” for the webinar hosted by LPL

Financial on February 23, 2016.

Victor Ricciardi presented the “Investor Behavior: The Psychology of Risk” hosted by BrightTalk on October 30,

2015, available at https://www.brighttalk.com/webcast/1570/175211/investor-behavior-the-psychology-of-risk

Victor Ricciardi presented “The Psychology of Investing.” Presented remotely for the annual meeting for

Behavioral Models & Sentiment Analysis Applied to Finance organized by UNICOM. London, England, July 13,

2015.

Victor Ricciardi’s presented a 1-hour webinar presentation “The Psychology of Risk: The Behavioral Finance

Perspective” for the Business Success Knowledge Circle, Financial Planning Association in May 2015.

Victor Ricciardi served as a panelist on the webcast “Behavioral finance: Why do investors make the wrong

moves at the wrong times?” hosted by InvestmentNews on February 5, 2015, available at:

https://home.investmentnews.com/clickshare/eventPurchase.do?CSProduct=investmentnews-

event&CSEventId=1203

Victor Ricciardi and Frank Muller presented the webinar “Overcoming Fear-Based Investment Behavior to Build

Strong Portfolios.” The live presentation took place in November 2014. Here is the weblink for the

WealthManagement/Behringer webinar, available at:

http://event.on24.com/r.htm?e=877610&s=1&k=C32BEE7017E345C15BFC35D6323108A8&partnerref=vr

Victor Ricciardi held a 1-hour Tweetchat with Steve Strauss about behavioral finance and his current book

Investor Behavior on April 7, 2014. The event was sponsored by LegalZoom.

Victor Ricciardi gave a webinar presentation on “The Psychology of Risk” for the Financial Advisor Webinar

Series hosted by Advisors4Advisors, Inc. on February 28, 2014, available at:

https://www.advisors4advisors.com/investing/17827-advisors-should-alter-their-approach-to-deal-with-the-two-

different-types-of-behavioral-investors-says-prof-victor-ricciardi

Victor Ricciardi Curriculum Vitae (January 2021) 25

CONFERENCE, WORKSHOP & SEMINAR PRESENTATIONS

CONFERENCE “Annual Colloquium on Research in Economic Psychology” hosted by

PRESENTATIONS The International Association for Research in Economic Psychology (IAREP)

2000 to 2012 and The Society for the Advancement of Behavioral Economics (SABE)

• Presented a paper at this conference entitled “What is Behavioral Finance?

An Overview of the Main Concepts, Themes, and Theories.”

• The conference was held on July 12-16, 2000 at the University of Vienna in Austria.

“27th Annual Conference The Northeast Business & Economics Association”

sponsored by St. John’s University.

• Presented a paper at this conference with Helen Simon entitled “Behavioral Finance: A

New Frontier?”

• The conference was held on October 7-8, 2000 in Long Island, New York.

“Applied Behavioral Economics: Can It Improve Decisions and Policies?

Is It Already Implicit in Successful Decision Making?” hosted by

The Society for the Advancement of Behavioral Economics (SABE)

• Presented a paper at this conference entitled “Risk Taking Behavior: What is

the Role of Group Decision Making in Behavioral Finance?”

• Served as a discussant at this conference and reviewed the paper by

Mary M. Bange and Thomas W. Miller “Momentum Trading and the

Internationally Perfect Portfolio.”

• The conference was held on June 11-12, 2001 at George Washington

University in Washington, D.C.

“Cross-Fertilization between Economics and Psychology?” hosted by

The Society for the Advancement of Behavioral Economics (SABE) and

International Association for Research in Economic Psychology (IAREP)

• Presented my working paper at this conference entitled “A Risk Perception

Primer: A Narrative Research Review of the Risk Perception Literature in

Behavioral Accounting and Behavioral Finance.”

• Served as the Chairperson for the behavioral finance track session at the

conference.

• The conference was held on July 15-18, 2004 at Drexel University in

Philadelphia, Pennsylvania.

“31st Annual Conference The Northeast Business & Economics Association”

sponsored by Yeshiva University.

• Presented a revised version of my paper at this conference entitled “A Risk

Perception Primer: A Narrative Research Review of the Risk Perception

Literature in Behavioral Accounting and Behavioral Finance.”

• The conference was held on September 26-27, 2004 in Manhattan, New York.

“2004 Financial Management Association Annual Conference”

• Presented a 90-minute workshop on “The Psychology of Finance” at the

Financial Planning Roundtable.

• Served as a discussant at the conference and reviewed the paper by Patrick J.

Kelly and Felix Meschke “The Link between Depression and Stock Returns: A

Reexamination.”

• The conference was held on October 6-9, 2004 in New Orleans, Louisiana.

Victor Ricciardi Curriculum Vitae (January 2021) 26

“Risk Analysis: The Profession and the Future” sponsored by

The Society for Risk Analysis

• Presented a poster presentation for the literature review section of the risk

perception paper at this conference “A Narrative Research Review of the Risk

Perception Literature in Behavioral Accounting and Behavioral Finance.”

• Awarded a special $500 student travel stipend to attend the meeting in which

the conference registration fee was waived, and a cash allowance was

granted to only a limited number of students in the field of risk analysis that

presented papers at the conference.

• The conference was held on December 5-8, 2004 in Palm Springs, California.

“2005 Washington Area Finance Association Annual Conference”

• Presented a new version of my paper at this conference entitled “A Risk

Perception Primer: A Narrative Research Review of the Risk Perception

Literature in Behavioral Accounting and Behavioral Finance.”

• The conference was held on April 29, 2005 at George Mason University in

Washington, DC.

Louisville, KY Chapter, American Association of Individual Investors (AAII)

• Featured guest speaker (dinner) in February 2006 and the title of the presentation

was “The Psychology of Risk and Investing in Stocks.”

Lexington, KY Chapter, National Association of Investors Corporation (NAIC)

• Featured guest speaker (wine and cheese reception) in May 2006 and the title of

the presentation was “The Psychology of Risk and Investing in Stocks.”

“Innovative Teaching Methods” sponsored by American Accounting Association-

Southeast Region

• Served as a Panelist for the session on “Publishing Tips for Accounting

Educators” for my role as the Editor for the SSRN Behavioral &

Experimental Accounting eJournal. The other Panelists were Dr. David

Ziebart, University of Kentucky (Co-editor of Accounting Horizons) &

Susan Prather (Editor of the Tennessee CPA Journal).

• Presented a poster session with Kimberly Sipes, Kentucky State University

and the title of the presentation was “Online vs. Face-to-Face: Is There a

Difference in How Accounting and Finance Students Learn?”

PowerPoint presentation available at SSRN: https://ssrn.com/abstract=894223

• The conference was held on March 31, 2006 in Knoxville, TN.

“2006 Kentucky Conference on the Scholarship of Teaching and Learning”

• Presented a seminar on “A Workshop on the Social Science Research

Network.”

• Presented a poster session with Kimberly Sipes, Kentucky State University

“Do Business Students Learn Differently Concerning Online vs. Face-to-

Face Teaching?”

• The conference was held on May 24-25, 2006 in Lexington, Kentucky.

Long Island, NY Chapter, American Association of Individual Investors (AAII)

• Featured guest speaker for the monthly meeting in Summer 2006 and the title of

the presentation was “The Psychology of Risk and Investing in Stocks” with

over 50 attendees from the New York Area.

Paul G. Blazer Library, Kentucky State University, Frankfort, KY

• Provided a training session on “A Workshop on the Social Science Research

Network (SSRN)” to the library staff on March 22, 2006.

Victor Ricciardi Curriculum Vitae (January 2021) 27

“2006 Financial Services Symposium” sponsored by the Peter J. Tobin

College of Business, St. John’s University

• Presented a seminar session on “Facilitating Research with the Social

Science Research Network: An Editor’s Perspective.”

• The conference was held on September 8, 2006 in New York City.

Accounting Program, University of Kentucky, Lexington, KY

• Presented a seminar session on “Facilitating Research with the Social

Science Research Network: An Editor’s Perspective” to accounting faculty

and doctoral students on February 9, 2007.

• The presentation discussion was focused on my experience as Editor for the

SSRN Behavioral & Experimental Accounting eJournal.

The College of Professional Studies, Kentucky State University, Frankfort, KY

• Featured speaker for College of Professional Studies Colloquium Summit and

presented “Facilitating Research with the Social Science Research Network: An

Editor’s Perspective” to the Kentucky State University faculty on March 28,

2007.

“2007 Annual Meeting of the Academy of Entrepreneurial Finance”

• Invited presenter of an expert panel on “What Can Venture Capitalists and

Entrepreneurs Learn from Behavioral Economists?" with Dr. Rassoul

Yazdipour, California State University-Fresno.

• Featured luncheon speaker at the conference and presented “Facilitating

Research with the Social Science Research Network: An Editor’s

Perspective.”

• The conference was held on April 25-27, 2007 at University of Texas-

Austin.

“25th Annual Meeting of the Society for the Advancement of Behavioral

Economics (SABE)”

• Presented a paper (preliminary draft) at this conference entitled “A

Literature Review on Risk Perception Studies in Behavioral Finance: The

Emerging Issues.” PowerPoint presentation available at SSRN:

https://ssrn.com/abstract=988342

• Served as the Chairperson for the Behavioral Finance track session at the

conference.

• Discussant for two papers:

1) “Investors Facing Risk: Loss Aversion and Wealth Allocation Between

Risky and Risk-Free Assets” by Erick W. Rengifo and Emanuela Trifan.

2) “Fair Disclosure and Investor Asymmetric Awareness in Stock Markets”

by Zhen Liu.

• The conference was held on May 15-18, 2007 at New York University (NYU).

“The 2010 Annual Meeting of the Academy of Behavioral Finance &

Economics”

• Presented a one-hour workshop on “Facilitating Behavioral Finance Research

with the Social Science Research Network: An Editor’s Perspective.”

• The conference was held on September 15-17, 2010 at DePaul University-

Conference Center in Chicago, Illinois.

Victor Ricciardi Curriculum Vitae (January 2021) 28

“The 2011 Annual Meeting of the Academy of Behavioral Finance &

Economics”

• Presented a paper “The Financial Judgment and Decision-Making Process of

Women: The Role of Negative Feelings.” PowerPoint presentation available at

SSRN: https://ssrn.com/abstract=1936669

• Chairperson for the session “Gender and Decision Making” and a discussant

for the papers “Men are from Mars, Women are from Venus: Gender and

Mergers and Acquisitions” and “Retirement Saving Plans from a Behavioral

Economics Perspective.”

• The conference was held on September 21-23, 2011at UCLA, Los Angeles, CA.

North Carolina Chapter, Financial Planning Association (FPA)

• Presented a 2-hour session on behavioral finance at the annual of the North

Carolina Chapter of the Financial Planning Association (FPA) on October

26, 2011. (Over 120 financial planners attended the meeting.)

“The 2012 Annual Meeting of the Academy of Behavioral Finance &

Economics”

• Presented special session presentation entitled “Behavioral Finance Curriculum

– What Topics and Teaching Approaches to Utilize in a Course?”

PowerPoint presentation available at SSRN: https://ssrn.com/abstract=2194579

• Chairperson for the session “Practice and Theory in Behavioral Finance”

and a discussant for the paper “Self-Esteem and Financial Risk Preference:

Impact on Risk Perception and Risk Propensity”

• The conference was held on September 18-21, 2012, Polytechnic Institute of

New York University, Brooklyn, New York.

CONFERENCE

PRESENTATIONS

2013 to Present

2013-2014

Victor Ricciardi served as an expert panelist on September 19, 2013 for the session

entitled “Do Trading Simulations Really Help Students to improve their Financial

Knowledge?” at the 2013 Annual Meeting of the Academy of Behavioral Finance &

Economics, held at DePaul University in Chicago, Illinois.

Victor Ricciardi gave a presentation on “The Psychology of Risk” at the Bay Area

Behavioral Finance Symposium "Brains, Biases and Bull Markets" at Golden Gate

University on November 9, 2013 in San Francisco.

Victor Ricciardi gave a 1-hour presentation “Personal Finances: What to Know for

Your First Full-time Employment Opportunity after Graduation” during Senior

Career Week on March 4, 2014 at Goucher College.

Victor Ricciardi gave a presentation on behavioral finance at the monthly meeting of

the Baltimore financial planning group of National Association of Personal

Financial Advisors (NAPFA) on March 19, 2014.

Victor Ricciardi served as an expert panelist on retirement planning at the 2014

Investor Training Conference hosted by NASAA (http://www.nasaa.org/) in St.

Louis on May 2-3, 2014 with Mary Putnam, Hallmark and Lori Schock, Securities

Exchange Commission.

2014-2015

Victor Ricciardi served on two expert panels at the September 2014 annual

conference of the Academy of Behavioral Finance & Economics in Los Angeles,

California. The titles of his presentations were “An Application Exercise: Using the

Risky Shift Effect for Teaching Group Behavior” and “The Role of Personality and

Debiasing Strategies in Trading and Investing.”

Victor Ricciardi Curriculum Vitae (January 2021) 29

Victor Ricciardi presented to a group of 125 financial planners on behavioral

finance of the Financial Planning Association of Massachusetts on October 10,

2014.

Victor Ricciardi gave a presentation on “How Biases Influence Our Investor

Behavior and Strategies for Overcoming Them” at the Bay Area Behavioral Finance

Symposium at Golden Gate University on November 8, 2014 in San Francisco,

California.

Victor Ricciardi presented to a group of 50 financial planners on behavioral finance

of the Financial Planning Association of Central Virginia on February 20, 2015.

Victor Ricciardi presented “The Psychology of Risk during the Financial Crisis of

2008” at the post-doc workshop of financial historians “Decision Taking,

Confidence and Risk Management in Banks: 19th and 20th Century” at the

University Duisburg-Essen, Historical Institute in Essen, Germany on February 27

and 28, 2015.

Victor Ricciardi was the Keynote Speaker at the Sunstar Strategic Client Conference

on behavioral finance for a group of 50 portfolio managers in Washington, DC on

April 26, 2015.

2015-2016

Victor Ricciardi presented “The Role of Personality and Group Behavior in Trading

and Investing.” Presented at the 2015 Annual Meeting of the Academy of

Behavioral Finance & Economics, Drexel University, Philadelphia, PA on

September 17. 2015.

Victor Ricciardi was the discussant for the paper “Gender Decision Biases in

Financial Markets: A Systematic Review” by Lori Cenci. Presented at the 2015

Annual Meeting of the Academy of Behavioral Finance & Economics, Drexel

University, Philadelphia, PA on September 17. 2015.

Victor Ricciardi and Deborah Gregory co-presented. “Emerging Research and

Policy Issues in Behavioral Finance.” Presented at the 2015 Annual Meeting of the

Academy of Behavioral Finance & Economics, Drexel University, Philadelphia, PA

on September 18. 2015. PowerPoint presentation available at SSRN:

https://ssrn.com/abstract=2825223

Victor Ricciardi presented “The Psychology of Real Estate Investing.” Presented at

Annual Meeting for Prospects of Real Estate and Alternative Investments: 2016 and

Beyond, Hofstra University, Hempstead, NY on April 27, 2016.

Victor Ricciardi presented a workshop on financial literacy during senior week on

May 16, 2016 in coordination with the Library and other administrative units on

campus at Goucher College.

2016-2017

Victor Ricciardi was the session chair for “Behavioral Finance: Theory and Model

Building 1” 2016 Annual Meeting of the Academy of Behavioral Finance &

Economics, University of Nevada at Las Vegas, Las Vegas, Nevada on September

22, 2016.

Victor Ricciardi presented “Emerging Research and Policy Issues in Behavioral

Finance” Presented at the 2016 Annual Meeting of the Academy of Behavioral

Finance & Economics, University of Nevada at Las Vegas, Las Vegas, Nevada on

September 23, 2016.

Victor Ricciardi Curriculum Vitae (January 2021) 30

Victor Ricciardi was the discussant for the paper “The Home Bias and Young

Individual Investors” by Razan Salem. Presented at the 2016 Annual Meeting of the

Academy of Behavioral Finance & Economics, University of Nevada at Las Vegas,

Las Vegas, Nevada on September 23, 2016.

Victor Ricciardi presented “The Psychology of Risk: The Behavioral Finance

Perspective” at FPA of the Philadelphia Tri-State Fall Treat 2016, Villanova, PA on

September 19, 2016.

Victor Ricciardi presented at “The Psychology of Risk and Investing: The

Behavioral Finance Perspective” at Hawthorn Investment Conference, Baltimore,

MD on October 26, 2016.

Greg Filbeck and Victor Ricciardi moderated a “Panel on Behavioral Finance.”

Panelists included: Harold Evensky, Steve Fan, Hunter Holzhauer, and Andrew

Spieler. Presented at the 2016 Annual Meeting of the Southern Finance Association,

Destin, Florida on November 19, 2017.

Victor Ricciardi presented “Financial Behavior: The Psychology of Client

Communications.” Presented to 250 financial planners at FPA National Capital Area

Presents: The 2017 Winter Educational Symposium Navigating the New Financial

Planning Landscape, Dulles Hyatt, Herndon, VA on January 30, 2017.

Victor Ricciardi presented “Behavioral Finance Traps in Muni Land… and How

Can We Avoid Them?” Presented to 350 financial analysts at the NFMA Thirty-

Fourth Annual Conference – 2017, Washington, DC on May 17, 2017.

2017-2018

Victor Ricciardi gave a special session presentation entitled “Behavioral Finance

Curriculum – What Topics and Teaching Approaches to Utilize in a Course?” at the

Tenth Annual Meeting of the Academy of Behavioral Finance & Economics,

October 18-20, 2017, UCLA, Los Angeles, California. PowerPoint presentation

available at SSRN: https://ssrn.com/abstract=2194579

Also, at this conference, Professor Ricciardi was the chairperson for the session

“Behavioral Corporate Finance, Investment, and Trading”, a discussant for the paper

“The accuracy of financial analysts’ earnings forecasts and the Tunisian market

reliance with time” and a panelist for the session “Behavioral Finance &

Economics-2017: Issues and Challenges - A Round Table Discussion.”

2018-2019

Victor Ricciardi presented “Behavioral Finance Decision Making: The Psychology

of Risk” the NexGen Academy (The Initiative for Family Business &

Entrepreneurship) at Saint Joseph’s University on June 9, 2018 in Philadelphia, PA.

Victor Ricciardi was the chairperson for the session “Behavioral Phenomena and

Financial Management and a discussant for the paper “Mental Accounting and Loan

Choice: Evidence From a Social Media Survey” at the 11th Annual Meeting of the

Academic of Behavioral Finance & Economics held at DePaul University October

17 to 20, 2018 at DePaul University Chicago, IL.

Victor Ricciardi presented “The Psychology of Risk and Investing” at the AAII

Investment Chapter on November 3, 2018 in Baltimore, MD.

Victor Ricciardi presented “The Biases of Real Estate Investing” and served as a

panelist at the Prospects of Real Estate: 2019 and Beyond conference at Hofstra

University on April 3, 2019 in Hempstead, NY.

Victor Ricciardi Curriculum Vitae (January 2021) 31

ATTENDED CONFERENCES IN:

Behavioral Finance “Recent Advances in Behavioral Finance: A Critical Analysis”

Berkeley Program in Finance, The Haas School of Business

Attended a 3-day behavioral finance conference to obtain a better

understanding of various topics within the discipline.

The conference was held on November 7-9, 1999 in Napa, California.

“Profiting from Investor Psychology” Institute of Behavioral Finance

Attended a 1-day conference in the field of behavioral finance.

The conference was held on October 11, 2001 in New York City.

“Investor Behavior: Profiting from Behavioral Finance” Institute of Behavioral Finance

Attended a 1-day conference in the discipline of behavioral finance for the

purpose of attending three important presentations on risk perception.

The conference was held on November 7, 2002 in New York City.

“New Directions in Behavioral Finance” Institute of Behavioral Finance

Attended various sessions in the field of behavioral finance to learn about

new research in behavioral finance, including the “psychology of risk.”

The conference was held on October 6-9, 2004 in New Orleans, Louisiana.

Finance “2005 Annual Meeting of the Allied Social Science Associations (ASSA)”

Attended a 3-day conference for the purpose of learning about new research

in behavioral finance, neuro-economics, and behavioral economics

presented by leading scholars of the American Finance Association (AFA)

and the American Economic Association (AEA).

The conference was held on January 7-9, 2005 in Philadelphia, PA.

Risk “Strategies for Risk Communication: Evolution, Evidence and Experience”

Sponsored by The Society for Risk Analysis and The National Science Foundation

Attended a 3-day conference on risk analysis for the purpose of learning about

emerging research in the areas of risk perception and neuro-economics.

The conference was held on May 15-17, 2006 in Montauk, New York.

“Risk Analysis in a Dynamic World: Making a Difference”

Sponsored by The Society for Risk Analysis

Attended a 4-day conference on risk for the purpose of learning about new

research in the area of risk perception.

Participated in an all-day workshop entitled “Measuring Risk Perceptions and

Behaviors: Developing High-Quality Questionnaires.”

The conference was held on December 3-6, 2006 in Baltimore, Maryland.

Psychology “109th Annual Convention of the American Psychological Association (APA)” Attended a 5-day conference in psychology to develop and foster academic

research relationships with scholars in the area of risk-taking behavior.

The conference was held on August 24-28, 2001 in San Francisco, California.

Behavioral Economics “Exploring the Reorientation of Economics” Sponsored by

The Society for the Advancement of Behavioral Economics (SABE)

Attended a 3-day seminar in the area of behavioral economics.

The conference was held on June 12-14, 1999 at San Diego State University, CA.

Educational Issues “Issues in Educational Advancement”

Council for Advancement and Support of Education (CASE)

Attended a 4-day seminar in the field of college/university issues including:

alumni relations, communications, publications, and grant-making activities.

The conference was held on December 4-7, 1999 in San Francisco, California.

Endowment “Issues and Trends in Endowment”

Management Council for Advancement and Support of Education

Attended a 3-day seminar in the field of endowment management.

The conference was held on June 16-18, 1999 in Arlington, Virginia.

Victor Ricciardi Curriculum Vitae (January 2021) 32

“4th Annual West Coast Endowment & Foundation: Summit On

Investment Management” Information Management Network (IMN)

Attended a 2-day seminar in the area of endowment investment

management.

The conference was held on June 28-29, 1999 in San Francisco, California.

“6th Annual East Coast Endowment & Foundation: Summit on

Investment Management” Information Management Network (IMN)

Attended a 2-day seminar in the area of endowment investment

management.

The conference was held on November 29-30, 2000 in Manhattan, New York.

Trusteeship “Annual Meeting 1999, National Association of College and University

Business Officers (NACUBO)” Attended a 5-day conference on various educational issues within higher

education.

The conference was held on July 16-20, 1999 in San Antonio, Texas.

“1999Annual Meeting of the Board of Trustees” Alaska Permanent Fund Corporation

Attended a 2-day conference to learn about and observe the decision-

making process of the Alaska Permanent Fund Board of Trustees towards

investment portfolio managers.

The conference was held on September 22-23, 1999 in Anchorage, Alaska.

“National Conference on Trusteeship” Association of Governing Boards of

Universities and Colleges Attended a 4-day conference on current issues for trustees.

The conference was held on March 18-21, 2000 in New Orleans, Louisiana.

ATTENDED WORKSHOPS AND SEMINARS

“Understanding Psychological Roadblocks to Successful Investing”

National Association of Investors Corporation (NAIC)

• Attended a 1-day workshop on the psychology of investing.

• The workshop was held on July 27, 1999 in Concord, California.

“Behavioral Finance: How to Use it to Enhance Returns”

New York Society of Security Analysts -Executive Forum Series-

• Attended a 1-day workshop on behavioral finance trading strategies

presented by Dr. Michael Berry.

• The workshop was held on November 28, 2000 in Manhattan, New York.

Louisville, KY Chapter, American Association of Individual Investors (AAII)

• Attended an investor education presentation, “Historical Events and Market

Volatility” by Timothy Harper, H&R Block Financial Advisors on

September 15, 2005.

Louisville, KY Chapter, American Association of Individual Investors (AAII)

• Attended the presentation “Economic Indicators (GDP, PPI, CPI, etc.) and

Their Statistical Significance on Market Movements” by Waithaka Iraki,

Kentucky State University on April 20, 2006.

Federal Reserve Bank of Richmond, Baltimore Branch's, Night at the Fed

• Attended a lecture series sponsored by the Federal Reserve Bank of

Richmond, Baltimore Branch and the Maryland Council on Economic

Education. This session, titled "Financial Literacy for the classroom and

home" on Thursday, October 20, 2011.

“The Promise and Challenge of Evidence-Based Policy and Practice”

• Attended a one-day behavioral finance conference “The Promise and

Challenge of Evidence-Based Policy and Practice” in Washington, D.C. on

June 1, 2012 sponsored by the RAND Corporation.

“Improving Consumer Well-Being through Behavioral Finance”

• Attended a one-day behavioral finance conference “Improving Consumer

Well-Being through Behavioral Finance” in Washington, D.C. on May 31,

2013 sponsored by the RAND Corporation.

Victor Ricciardi Curriculum Vitae (January 2021) 33

MEDIA APPEARANCES-TV, PODCASTS, AND RADIO

TV Appearances

Victor Ricciardi’s appearance on the TV program Your Money and Business with host Jeff Salkin on February

20, 2014. Victor discusses his book Investor Behavior: The Psychology of Financial Planning and Investing with

Kent Baker, available at: http://video.mpt.tv/video/2365188791/

Victor Ricciardi’s TV appearance on Conquer your Finance, Conquer your Life hosted by Dawn Santoriello in

June 2017 about his book Financial Behavior with Kent Baker and Greg Filbeck available at:

https://youtu.be/e7fD3cZl2cQ

Podcast and Radio Appearances

Victor Ricciardi was interviewed for the podcast The Exceptional Advisor Podcast with Robert Powell on June

20, 2019, available at: http://investmentsandwealth.libsyn.com/episode-27-behavioral-finance-vs-traditional-

finance-w-victor-ricciardi

Victor Ricciardi was interviewed about high net worth individuals on the Money Savage podcast hosted by

George Grombacher on April 29, 2019, available at: https://moneysavage.podbean.com/e/narrative-in-planning-

with-victor-ricciardi/

Victor Ricciardi and Oliver Smith, Portfolio Manager at IG appeared on the podcast series for Investors Chronicle

about investor psychology in January. 2019, available at: https://player.fm/series/investors-chronicle/paid-post-

investing-psychology-common-investing-mistakes

Victor Ricciardi was interviewed on behavioral finance on the podcast Money Life hosted by Chuck Jaffe on

February 26, 2018, available at: http://moneylifeshow.libsyn.com/ricciardi-research-shows-how-much-investors-

are-affected-by-short-term-media

Victor Ricciardi was interviewed on behavioral finance for the Money Matters Summit webcast hosted by

Michelle Boss in January 2018, available at :

https://www.dropbox.com/s/vfonvfl18kfai8d/Professor%20Victor%20Ricciardi.m4a?dl=0

Victor Ricciardi was interviewed about behavioral finance on the Money Savage podcast hosted by George

Grombacher on January 23, 2018, available at: http://moneysavage.podbean.com/e/004-investor-behavior-with-

victor-ricciardi/

Victor Ricciardi was interviewed on behavioral finance by Svetlana Gherzi of the UBS Wealth Management

podcast in September 2017.

Victor Ricciardi discusses behavioral finance on the podcast “In Spite of the Noise” with Michelle Waymire on

September 7, 2016.

Victor Ricciardi discusses investor behavior on the “Wealth Management Podcast” by IBM on July 8, 2016,

available at: http://www.ibmbigdatahub.com/podcast/finance-focus-what-behavioral-finance

Victor Ricciardi was interviewed about investor psychology by Austin Netzley on this episode of YoPro

Wealth podcast broadcasting from Rio de Janeiro, Brazil in spring 2015, available: http://yoprowealth.com/106-

investor-behavior-victor-ricciardi/

Victor Ricciardi appeared on the San Francisco radio program KCBS Radio on the psychology of spending and

saving on February 2, 2015.

Victor Ricciardi discusses investor behavior on the podcast Economic Rockstar hosted by Frank Conway

broadcast from Ireland on August 27, 2015, available at: http://www.economicrockstar.com/victorricciardi/

Victor Ricciardi was interviewed about behavioral finance with Michael Covel on Trend Following Radio

broadcast from Vietnam on May 4, 2015, available at: http://trendfollowingradio.com/ep-342-victor-ricciardi-

interview-with-michael-covel-on-trend-following-radio

Victor Ricciardi Curriculum Vitae (January 2021) 34

Victor Ricciardi discusses investor behavior on the podcast “Five Good Questions” hosted by Jake Taylor in

spring 2015, available at: http://fivegoodquestions.co/season-2/s2e10

Victor Ricciardi was interviewed about behavioral finance by Ron Nawrocki of the program Wealth DNA Radio

Show broadcast from Arizona on April 13, 2015, available at:

http://www.blogtalkradio.com/boomerandbabe/2015/04/13/ron-nawrocki--wealth-dna

Victor Ricciardi was interviewed about common investor mistakes by Ellen Rogin on this episode of

AdvisorRadio in April, 2015, available at: https://soundcloud.com/horsesmouth/the-most-common-behavioral-

finance-mistakesellen-rogin-interviews-victor-ricciardi

Victor Ricciardi appeared on the program “The Big Trade” with Peter Pham to discuss his book Investor Behavior

in December 2014.

Victor Ricciardi, behavioral finance interview on the radio program “Goldstein on Gelt” hosted by Doug

Goldstein on September 29, 2014 (starts about 9 minutes into the program). This is a weekly English-language

show from Jerusalem on Israel National Radio: http://html5-player.libsyn.com/embed/episode/id/3088806/theme/standard/autonext/no/width/640/height/400/thumbnail/yes

Victor Ricciardi’s appearance on podcast the Global Freedom Network with Roy Dan Baron on September 6,

2014.

Victor Ricciardi discusses investor psychology on the radio program Jon Sanchez Show broadcast in Reno,

Nevada on August 4, 2014.

Victor Ricciardi appearance on the podcast program PreMarket Prep on July 1, 2014, available at:

https://www.youtube.com/watch?v=cKM_WQg3KHs&list=UUqQs28K2zj2dOsc5NfXUKEg

Victor Ricciardi’s appearance on the radio program the Michael Dresser Show on June 18, 2014 (22 minutes into

the program), available at: http://www.blogtalkradio.com/michaeldressershow/2014/06/18/the-michael-dresser-show

Victor Ricciardi’s appearance on the podcast program Magnet Investing hosted by Jordan Kimmel discusses

investor behavior on June 12, 2014 (starts about 16 minutes into the program), available at:

http://www.voiceamerica.com/episode/78488/magnet-investing

Victor Ricciardi’s appearance on the program The ETF Store with Nate Geraci and Conor Kelly is a weekly radio

program on ESPN 1510 AM broadcast in Kansas City, Missouri on May 20, 2014, available at:

https://www.youtube.com/watch?v=uCn-3wgfrA8

Victor Ricciardi’s appeared on the podcast Zen Investing with Joel Nelson discusses his new book on investor

psychology on May 13, 2014.

Victor Ricciardi’s appearance on Wealthy Radio with Deborah Owens discusses the psychological aspects of

investing on April 30, 2014, available at: https://deborahowens.com/avoiding-emotional-investing/

Victor Ricciardi’s appearance on the program The Money Answers Show with Jordan Goodman discusses the

book Investor Behavior with Kent Baker on April 21, 2014, available at:

http://www.voiceamerica.com/episode/77379/understanding-how-your-psychology-affects-your-financial-health

Victor Ricciardi's behavioral finance radio appearance on The Index Investing Show with Ron DeLegge in April

8, 2014, available at: http://www.youtube.com/watch?v=zWS-q-rtduM

Victor Ricciardi appeared on the podcast program Benzinga’s PreMarket Prep on March 17, 2014:

http://www.benzinga.com/news/14/03/4395964/investor-behavior-author-victor-ricciardi-dissects-the-psychology-

of-traders

Victor Ricciardi 1-hour appearance on THE MONEY MOM on WWDB AM 860 in the Philadelphia area hosted

by Jane Berryman discusses his new book Investor Behavior on March 12, 2014.

Victor Ricciardi Curriculum Vitae (January 2021) 35

Victor Ricciardi appeared on the radio program Real Money with David Holland (the radio programs air in three

major markets in Florida) to discuss his book Investor Behavior on March 3, 2014, available at:

http://www.realmoneyradio.com/shows/AirDate03032014RealMoney.mp3

Victor Ricciardi interview about his book Investor Behavior, the program Disrupt Radio hosted by Cynthia

Nevels on February 4, 2014, available at: http://www.blogtalkradio.com/disruptradio/2014/02/04/the-

psychology-of-money

Victor Ricciardi appeared on the program Emerging and Frontier Markets Investing. The interview is about 48

minutes into the program hosted by Gavin Graham on October 23, 2013:

http://www.voiceamerica.com/episode/73647/the-importance-of-active-management-chile-turkey-and-frontier-

investments

Victor Ricciardi appeared on the Voice of Russia radio program on Friday, August 9, 2013.

Victor Ricciardi appeared for a behavioral finance interview on the Jim Ludwick program on blogtalkradio, June

7, 2013, available at: http://www.blogtalkradio.com/swim-with-jim/2013/06/07/behavorial-finance-expert

Victor Ricciardi appeared on morning show for the Canadian radio station CKNW located in Vancouver, B.C on

Friday, December 28, 2012 and discussed financial tips/resolutions for the New Year.

Victor Ricciardi appeared on the radio program Moneywise on June 21, 2012 broadcasted in the Central and

Southern California area.

Victor Ricciardi discussed behavioral finance in an hour interview on The Money Answers Show with Jordan

Goodman on November 21, 2011, available at:

http://www.voiceamerica.com/episode/57685/behavioral-finance-with-victor-ricciardi

Victor Ricciardi’s hour long interview on behavioral finance on the national radio program Your Money Matters!

hosted by Marc Pearlman on November 13, 2011, available at:

http://yourmoneymattersradio.com/?p=1574

Victor Ricciardi appeared for a behavioral finance interview (starts about 20 minutes into the program) on the

Index Investing Radio Show hosted by Ron DeLegge on October 13, 2011.

Victor Ricciardi appeared for a 1-hour interview on the psychology of risk and behavioral finance on September

26th on The Financial Impact Factor radio program hosted by Paul Petillo, available at:

http://boomersretirement.blogspot.com/2011/09/on-radio-with-behavioral-economist.html

Victor Ricciardi’s behavioral finance radio interview on the Money Train on 91.3 FM in upstate NY with host

Chris Gaddis on September 14, 2011, available at: http://chrisjgaddis.files.wordpress.com/2010/12/victor-

behavioral-finance-now.mp3

Deborah Price interviewed Victor Ricciardi on the Psychology of Risk and the Science of Money Behaviors. This

podcast interview is 45-minutes in length with Deborah Price on her radio program Money Therapy on August 2,

2011.

Victor Ricciardi Curriculum Vitae (January 2021) 36

ACTIVITIES, HONORS, SKILLS, & INTERESTS

ACTIVITIES Hands on San Francisco, Project Open Hand, Volunteer

* Volunteered once a month and assisted in making meals for patients with AIDS.

Alpha Kappa Psi, Hofstra University

* Founding member of co-ed business fraternity at Hofstra University.

* Positions held: Chairperson of Charity Activities and Marketing Committees.

St. Mary's Hospital for Children, Bayside, New York, Volunteer

* Organized and implemented Christmas and Easter parties for five years.

FINRA Foundation Military Spouse Fellowship

In March 2011, Professor Ricciardi volunteered 10 hours to serve as a

reviewer and evaluated 50 application scholarship applications for the

FINRA Foundation Military Spouse Fellowship for the Accredited Financial

Counselor® Program. The purpose of this scholarship program is to provide

an educational opportunity to 200 military spouses to advance their

professional and volunteer experiences and opportunities. This program is

also intended to strengthen the financial counseling support systems

available to United States military families.

HONORS Executive-in-Residence Program, St. John’s University

* Developed and presented strategic plans with other honor graduate students in

7-member teams for Genovese, Cooper’s & Lybrand, and Thomson Corporation.

Omicron Delta Epsilon, St. John’s University

* Member of National Honor Society in Economics.

Kappa Omicron Nu Honor Society, Kansas State University

* Admitted into the Kappa Omicron Nu Honor Society for my academic

achievements within the financial planning program in the College of Human

Ecology at Kansas State University.

SKILLS Knowledgeable in Survey/Questionnaire Research Methods in the Areas of Risk,

Psychology, Finance, Investments, and Behavioral Finance.

Knowledge and Proficient in Several Software Programs Including:

Microsoft Word, Excel and PowerPoint, SPSS for Survey Research, SphinxSurvey

Lexica for Survey Research, Morningstar software program for stocks and mutual

funds, Value Line software program for stocks.

INTERESTS Investing, cooking, education, heavy metal, blues, football, baseball, and playing golf.

Victor Ricciardi Curriculum Vitae (January 2021) 37

LIST OF GRADUATE COURSES COMPLETED IN FINANCE AND ECONOMICS

These are the courses I have enrolled in and successfully completed at the graduate level in finance and economics.

Specific Graduate Finance Courses

Course # Title Credit Hours Per Class University Attended

DBA820 Corporate Finance 4 Golden Gate Univ.

DBA895 Advanced Corporate Finance 4 Golden Gate Univ.

DBA832 International Capital Markets 4 Golden Gate Univ.

DBA897 Behavioral Finance 4 Golden Gate Univ.

FIN233 Corporate Financial Management 3 St. John's University

FIN234 Investment Analysis 3 St. John's University

FIN251 Bank Financial Management and Policy 3 St. John's University

FIN255 Commercial Bank Lending 3 St. John's University

FIN235 Capital & Money Market Problems 3 St. John's University

FIN243 International Corporate Finance 3 St. John's University

FSHS624 Fundamentals of Family Financial Planning 3 KSU

FSHS766 Insurance Planning for Family Financial Planning 3 KSU

FSHS762 Investments in Family Financial Planning 3 KSU

FSHS772 Personal Income Tax in Family Financial Planning 3 KSU

FSHS760 Retirement Planning in Family Financial Planning 3 KSU

FSHS764 Estate Planning for Families 3 KSU

PFP768 Introduction to Financial Therapy 3 KSU

PFP769 Money and Relationships 3 KSU

PFP770 Applied Behavioral Finance 3 KSU

PFP771 Financial Therapy Theory and Research 3 KSU

Total Number of Finance Graduate Hours 64

Course # Title Credit Hours Per Class University Attended

DBA803 Economic Theory and Policy 4 Golden Gate Univ.

ECO213 Business Fluctuations and Forecasting 3 St. John's University

ECO231 Fiscal & Monetary Problems & Policy 3 St. John's University

ECO205 International Trade and Investment 3 St. John's University

ECO201 Economics Analysis-Business Decisions 3 St. John's University

ECO221 National Income Analysis 3 St. John's University

ECO239 Government Regulation & The Securities Market 3 St. John's University

Total Number of Economic Graduate Hours 22