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Publications
[1] Fraud and Abuse in the Paycheck Protection Program? Evidence from Investment Advisory Firms, 2023, with Thuong Harvison, Journal of Banking & Finance, 147, 106444
Media
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InvestmentNews, "Advisors Reportedly Gouged PPP Loans by $36 million," August 16, 2021
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ThinkAdvisor, "RIAs Took $36M in Excess PPP Loans: Study," August 17, 2021
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BenefitsPro, "$36 million in PPP loans received by RIAs violated loan limits: Study," August 18, 2021
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Financial Advisor Magazine, "Study Alleges 6% of RIAs Committed Fraud with Large PPP Loans," August 19, 2021
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Fundfire, "RIAs Inflated Payroll Costs to Score Relief Loans: Report," August 26, 2021
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ABA Journal, "The Big Bilk: Lots of people may have ripped off the Paycheck Protection Program, and many may get away with it," February 1, 2023
[2] Mutual Fund (Sub)Advisor Connections and Crowds, 2022, with Luke DeVault, Journal of Empirical Finance, 67, 231-252
Presentations
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Clemson University
[3] The Company You Keep: Investment Adviser Clientele and Mutual Fund Performance, 2022, Journal of Financial Intermediation, 50, 100947 (Solo-authored)
Presentations
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University of San Diego, University of Central Florida, Northern Illinois University, University of Kansas, Rochester Institute of Technology, Marquette University, University of Arizona, Midwest Finance Association Annual Meeting 2018, Financial Management Association Annual Meeting Special Ph.D. Paper Presentations 2017, Financial Management Association Doctoral Consortium 2017
[4] Mutual Fund Tax Implications When Investment Advisors Manage Tax-Exempt Separate Accounts, 2022, with Austin Hill-Kleespie and Alice Liu, Journal of Banking & Finance, 134, 106313
Presentations
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Financial Management Association Annual Meeting 2020, Southern Finance Association Annual Meeting 2020
Working Papers
[1] Pay to Play in Investment Management (with Thuong Harvison)
Presentations
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University of Oregon, Western Finance Association Annual Meeting 2022, Eastern Finance Association Annual Meeting 2022, Financial Management Association Annual Meeting 2020, 14th Annual California Corporate Finance Conference at Loyola Marymount University
Media
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Institutional Investor, "Study Points to Past Pay-to-Play in Public Pensions," September 13, 2019
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Financial Standard, "Evidence of Pay to Play in US Pension Consulting," September 25, 2019
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Canadian Investment Review, "Are U.S. investment advisors getting more contracts by contributing to political campaigns?" October 7, 2019
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The Hill, "Securities rule curbs 'pay-to-play' schemes for public pensions," November 25, 2019
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The Intercept, "As Paul Singer Donated Millions to the Republican Governors Association, Millions Flowed into His Hedge Funds," October 15, 2020
[2] Quantitative Investing and Market Instability
(with Jonathan Brogaard and Austin Hill-Kleespie)
Presentations
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Lone Star Finance Symposium 2022, American Finance Association Annual Meeting 2022, Financial Management Association Annual Meeting 2019
[3] Retirement Plan Conflicts of Interest in Mutual Fund Management
Presentations
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Midwest Finance Association Annual Meeting 2019, American Finance Association Ph.D. Poster Session 2019, Financial Management Association Annual Meeting 2018
Media
Work In Progress
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