EAKAMON OUMTRAKOOL Department of Financial Planning Mobile: (806) 382 6502 Texas Tech University Email: eakamon.oumtrakool@ttu.edu Lubbock, TX 79409-­‐1210 EDUCATION Ph.D. Texas Tech University, Expect 2014 Personal Financial Planning with concentration in Finance M.S. West Texas A&M University, 2008 Finance and Economics (MSFE) B.B.A. Kasetsart University, Thailand, 2006 Finance (First Class Honors) AREAS OF INTEREST Research: Behavioral finance and risk tolerance among elderly Teaching: Fundamental of Personal Financial Planning, Behavioral Finance, Investment and Asset Management, and Retirement Planning RESEARCH Impact of the Great Recession on Wealth and Portfolio Allocation of the Elderly ABSTRACT: Using the 2008 and 2010 wave of the Health and Retirement Study, the study investigates the effect of the Great Recession on changes in households’ net worth and portfolio allocations. This paper provides evidence that business owners, households with higher education, low and middle net worth households, and households expecting to leave a bequest are more likely to have an increase in their net worth. On the other hand, decline in net worth is related to having high level of exposure to stocks, having residence in the West region, white households, and high net worth households. Time-­‐varying risk aversion could influence changes in asset allocation. During the period, equity allocations among elderly households have declined. Specifically, we find that less educated, black, high net worth households, and households older than 75, were more likely to actively reduce their exposure to stocks. In addition, females, those who identified as experiencing depression and low cognitive score households relate to exhibiting extreme levels of shifting away from stock exposure. Conference Presentations: Oumtrakool, E. (2012) “Impact of the Great Recession on Wealth and Portfolio Allocation of the Elderly” To be presented at the 2012 CFP® Board Registered Programs Conference. Washington, D.C. Other Presentations: Oumtrakool, E. (2013) “Impact of the Great Recession on Wealth and Portfolio Allocation of the Elderly” To be presented at in the 12th Annual Graduate Student Research Poster Competition, Graduate School, Texas Tech University Oumtrakool, E. (2012) “Impact of the Great Recession on Wealth and Portfolio Allocation of the Elderly” To be presented at in the 2nd Annual Arts and Humanities Graduate Student Research Conference, Graduate School , Texas Tech University Oumtrakool, E. (2012) “Impact of the Great Recession on Wealth and Portfolio Allocation of the Elderly” To be presented at the 2012 in COHS Research Poster Presentation, College of Human Sciences, Texas Tech University HONORS AND ACTIVITIES 2013 Awarded 3rd place in 12th Annual Graduate Student Poster Competition, Graduate School, Texas Tech University 2013 Volunteer as Technical Equipment Monitor at 2013 Women’s Studies Conference, Texas Tech University 2010 Participated in CFP Board’s 2010 Program Directors’ Conference, Washington, DC 2009-­‐2012 Awarded the C. J. Davidson Home Economics Endowed Scholarship 2007-­‐2008 West Texas A&M University Institutional Scholarship 2005 Awarded the first-­‐prize of AJF Young Fund Manager 2005 Award, Thailand 2003-­‐2006 Awarded a scholarship from PTT Public Company Limited, Thailand