Daniel W Richards is a Lecturer in Wealth Management at the School of Accounting. He teaches Wealth Advisory and Financial Planning.
Prior to starting at RMIT, Dr. Richards worked for the Open University in the United Kingdom and for City University in Hong Kong. He taught Personal Finance, researched expertise in financial decision making and developed innovative materials for teaching finance in a distance learning environment.
Daniel’s research focuses on financial decision making where he investigates decision making behaviour of investors and traders, with a particular interest in how decision makers deviate from rational economic behaviour. He is also interested in financial planning, wealth advisory, fund performance and financial market behaviour. He has published in the European Journal of Finance and Journal of Neuroscience, Psychology, and Economics.
Dr Richards’ courses include Personal Wealth Management and Wealth Creation & Protection.
- Bachelor of Commerce The University of Otago
- Master of Business The University of Otago
- Master of Research Methodology Open University (UK)
- Doctorate of Philosophy Open University (UK)
- Richards, D.,Willows, G. (2018). Who trades profusely? The characteristics of individual investors who trade frequently In: Global Finance Journal, 35, 1 - 11
- Richards, D.,Fenton-O'Creevy, M.,Rutterford, J.,Kodwani, D. (2018). Is the disposition effect related to investors' reliance on System 1 and System 2 processes or their strategy of emotion regulation? In: Journal of Economic Psychology, 66, 79 - 92
- Richards, D.,Rutterford, J.,Kodwani, D.,Fenton-O'Creevy, M. (2017). Stock market investors' use of stop losses and the disposition effect In: European Journal of Finance, 23, 130 - 152
- Fenton-O'Creevy, M.,Lins, J.,Vohra, S.,Richards, D.,Davies, G.,Schaaff, K. (2012). Emotion regulation and trader expertise: Heart rate variability on the trading floor In: Journal of Neuroscience, Psychology, and Economics, 5, 227 - 237
- Changing the gender mix of financial planners: what are the drivers and barriers for women entering and succeeding in financial planning?. Funded by: Financial Planning Association Australia - research grant 2017 from (2018 to 2018)
- Female Financial Adviser Career Paths: Australia versus New Zealand. Funded by: AFAANZ Research Grants 2018 from (2018 to 2019)
- What are the ethical challenges in the Financial Practice? Issues and current patterns in unethical behaviour. Funded by: Financial Planning Education Council Grant 2017 from (2017 to 2018)
1 Masters by Research Current Supervisions