Products by Audience
Alliances and Redistributors
Asset Management Firms
Retirement Plan Providers
Retirement Plan Sponsors
Quality at Morningstar
Our Guiding Principles of Quality
The Morningstar Quality Program
Morningstar's Journey to Quality
Quality Leaders at Morningstar
Who We Are
The Morningstar Story
Diversity and Inclusion
Behavioral Science Advisory Board
Media Relations Contacts
News and SEC Filing Alerts
Calendar of Events
Investor Relations Contacts
Jobs by Function
Research and Analysis
Technology and Development
Investment Management and Consulting
Database Operations and Implementation
Sales and Client Service
Marketing and Product Management
Editorial and Corporate Communications
Legal and Compliance
Accounting and Finance
General Operations and Facilities
Morningstar Development Program
Careers at Morningstar
Working at Morningstar
Who We Hire
Our Mission and Values
Morningstar's Behavioral Science Advisory Board brings together leading behavioral scientists and practitioners to better understand the behavioral obstacles that investors face to meeting their goals, and help investors overcome them.
Members of the Advisory Board work with Morningstar to conduct field studies around improving investor outcomes. This original research is then published in academic journals, to advance our shared understanding.
Sample studies include: presenting one's retirement savings in novel ways to encourage sufficient savings contributions, and using targeted messaging to help investors weather downturns in the market.
Currently, the Advisory Board is focusing on three main topics:
Improving retirement sufficiency
Better serving underserved investors, especially women and millenials
Overcoming common biases in investor behavior, such as temporal myopia, loss aversion, and over confidence.
The Advisory Board is organized by the Behavioral Insights Team within Morningstar: a team of PhD researchers and practitioners applying behavioral science to help investors. The team is lead by Dr. Stephen Wendel, Head of Behavioral Science.
More information about the Advisory Board and our research projects will be published here over time.
Assistant Professor, Harvard Business School
Research Focus: financial decisions of firms and households
Assistant Professor, UCLA Anderson School of Management
Research Focus: How thinking about time affects decision making.
Professor, University of Colorado Boulder Leeds School of Business
Research Focus: cognitive psychology of consumer financial decision making; financial literacy; consumer planning to cope with constraints; psychology of investor diversification
Associate Professor, University of Pennsylvania Wharton School
Research Focus: financial and health decision making
Professor, University of California Berkeley, Haas School of Business
Research Focus: Investor behavior
Professor, MIT Sloan School of Management
Research Focus: market for financial advice, investment decisions, entrepreneurial finance and financial literacy
Assistant Professor, University of Chicago, Booth School of Business
Research Focus: Specializes in the psychological biases in budgeting, spending, and borrowing.
Professor, Dartmouth College Department of Economics
Research Focus: Specializes in household financial decisions and interventions to improve savings and debt behavior
Represented by Piyush Tantia, co-Executive Director
Represented by Sallie Krawcheck, Chair
© 2017 Morningstar. All rights reserved.