Totum – A New Benefit Offered to IARFC® Financial Professionals
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The International Association of Registered Financial Consultants (IARFC®) has formed a strategic partnership with Totum, a multi-scoring risk tolerance toolkit that helps consultants understand how much risk their clients can take based on their life situation. It is the newest offering in a series of benefits available to IARFC Members.
We are pleased to offer our risk tolerance questionnaire and toolkit to members of the IARFC. Our product helps consultants develop a competitive edge in service, advice, and customer experience. Totum Founder and CEO, Larry Shumbres. MIDDLETOWN, Ohio (PRWEB)
3 take Harry M. Markowitz Award for insight into machine learning
Ronen Israel, Bryan Kelly and Tobias Moskowitz
Ronen Israel, Bryan Kelly and Tobias Moskowitz were named winners of the $10,000 Harry M. Markowitz Award for their paper, Can Machines Learn Finance?
The award was announced Feb. 25 by the Journal of Investment Management and New Frontier Advisors, co-sponsors of the award, in a joint statement.
The paper explores how asset management provides a unique set of challenges for machine learning that differ significantly from other practices in which machine learning has excelled.
The paper looks at the challenges and how critical it is for managers to develop realistic expectations for machine learning. The authors discuss potential pitfalls, beneficial use cases and emphasize the importance of economic theory and human expertise for achieving success through financial machine learning, according to the statement.