Michael A.

Guillemette
Home Address:
5612 Dunmeyer Ct
Columbia, MO 65203

Office Address:
239B Stanley Hall
University of Missouri
Columbia, MO 65211

Cell: (678) 361-7269

Office: (573) 884-9188
E-mail:
guillemettem@missouri.edu

EDUCATION
Ph.D. in Personal Financial Planning, Texas Tech University, 2013
M.S. in Personal Financial Planning, Texas Tech University, 2012
B.B.A. in Risk Management and Insurance (Cum laude), University of Georgia, 2008
B.S. in Education (Cum laude), University of Georgia, 2008
CERTIFIED FINANCIAL PLANNER, June 2014
EMPLOYMENT
Assistant Professor, Department of Personal Financial Planning, College of Human Environmental
Sciences, University of Missouri, Columbia, Missouri (August 2013 Present)
Graduate Part-Time Instructor, Department of Personal Financial Planning, College of Human
Sciences, Texas Tech University, Lubbock, Texas (August 2009 - May 2013)
Summer Associate at FJY Financial, a financial planning and investment management firm, Reston,
Virginia (May 2009 August 2009)
Excess Liability Underwriting Intern at Zurich, a commercial insurance company,
Atlanta, Georgia (May 2006 August 2006)
RESEARCH
Publications
Guillemette, M. A., Hussein, M., Phillips, M. and Martin, T. K (2015). Minority household size and the
life insurance purchase decision. Financial Services Review, Forthcoming.*
Guillemette, M. A. and Nanigian, D. (2015). What determines risk tolerance? Financial Services Review,
Forthcoming.*
Guillemette, M. A., Browning, C. M. and Payne, P. (2015). Dont Like the Picture? Change the frame:
The impact of cognitive ability and framing on risky choice. Applied Economics Letters.
Guillemette, M. A., Yao, R. and James, R. N. (2015). An analysis of risk assessment questions based
on loss-averse preferences. Journal of Financial Counseling and Planning, 26(1), 17-29.*

Guillemette, M. A., Martin, T. K. and Gibson, P. (2015). Investor Sophistication and Target-Date Fund
Investment. Journal of Retirement, 2(4), 22-29.*
Guillemette, M. A., James, R. N. and Larsen, J. (2014). Loss aversion under cognitive load. Journal of
Personal Finance, 13(2), 72-81.*
Guillemette, M. A. and Finke, M. S. (2014). Do large swings in equity values change risk tolerance?
Journal of Financial Planning, 27(6), 44-50.*
Hanna, S.D., Guillemette, M. A., and Finke, M. S. (2013). Assessing risk tolerance. In H. Kent Baker and
Greg Filbeck (Eds.) Portfolio Theory and Management, Oxford University Press, New York, 99-120.
Guillemette, M. A., Finke, M.S. and Gilliam, J.E. (2012). Risk Tolerance Questions to Best Determine
Client Portfolio Allocation Preferences, Journal of Financial Planning, 26(5), 34-42.*
*peer-reviewed
Invited Conference Presentations
Guillemette, M. A., Martin, T. K., Cummings, B. F. and James, R. N. (2014). Who demands longevity
insurance?
Presented at the Financial Planning Association Business and Education Conference (Seattle, WA)
Under review Geneva Papers on Risk and Insurance Issues and Practice
Guillemette, M. A., Browning, C. M. and Payne, P. (2015). Dont Like the Picture? Change the frame:
The impact of cognitive ability and framing on risky choice.
Presented at the 2014 Academy of Financial Services Conference (Nashville, TN)
Guillemette, M. A., Yao, R. and James, R. N. (2014). Using monetary loss aversion to assess risk
tolerance questionnaires.
Presented at the 2014 American Council on Consumer Interests Conference (Milwaukee, WI)
Guillemette, M. A., Martin, T. K. and Gibson, P. (2014). Investor sophistication and target-date fund
investing.
Presented at the 2015 American Council on Consumer Interests Conference (Clearwater, FL)
2015 American Council on Consumer Interests CFP Board Financial Planning Research Award
Presented at the 2014 Texas Tech Financial Planning Research Symposium (Lubbock, TX).
Guillemette, M., James, R. and Larsen, J. (2013). Risk preferences under cognitive load.
Presented at the 2013 Academy of Financial Services Conference (Chicago, IL)
Guillemette, M. and Nanigian, D. (2013). What determines risk tolerance?
Presented at the 2013 Academy of Financial Services Conference (Chicago, IL)
Guillemette, M. and Finke, M. (2013). Changing risk tolerance.
Presented at the 2013 Financial Planning Association Experience Conference (Orlando, FL)

Discussant 2013 Financial Management Association Conference (Chicago, IL)

Foster, D. F. and Warren, G. (2013). Equity manager selection and portfolio formation: Interviews with
investment staff
Invited Industry Presentations
Guillemette, M. A. (2015). Clients Changing Risk Preferences. Financial Planning Association,
Portland, OR.
Guillemette, M. A. (2015). Clients Changing Risk Preferences. Financial Planning Association, Puget
Sound, WA
Working Papers
Guillemette, M.A. and Jurgenson, J. (2015). The effect of certification on investment decisions.
Under review Journal of Financial Counseling & Planning
Guillemette, M.A., Cummings, B. F., Martin, T.K. and James, R. N. (2015). Financial advice and the
demand for flood insurance.
Yao, R., Nanigian, D., Guillemette, M. A. (2015). Portfolio Insurance Possibilities for Loss-Averse
Investors.
Select Media Appearances
2015, Jun 17, New investors are putting billions in this fund. CNN
2015, Jun 8, Auto-pilot investors avoid costly mistakes. Futurity
2015, May 31, Baby Boomers, grab a shovel and help Millennials dig out of debt. Forbes
2015, Mar 3, Playing for Zero. Bloomberg
2014, Dec 4, The ABCs of Annuities. U.S. News & World Report
2014, Sept 11, Keep Your Money Out of the Mattress: Investing for the Short Term. U.S. News & World
Report
2014, July 17, Check Your Tolerance for Investment Risk Now, Before Markets Sag. Wall Street Journal
2014, June 23, Does Risk Tolerance Merely Track the Market? Thinkadvisor
2013, July 29, Why Stock Investors Freak Out. Thinkadvisor
2012, May 23, How to better understand your risk tolerance. MarketWatch
AWARDS
2015 American Council on Consumer Interests CFP Board Financial Planning Research Award

GRANTS
Solving the Under-Annuitization Problem. Margaret Mangel Research Catalyst Grant. Amount: $3,000
(2015)
Do differences in the marginal propensity to consume alter risk preferences?
Mizzou Alumni Association Richard Wallace Faculty Incentive Grant. Amount: $2,500 (2014)
TEACHING EXPERIENCE
University of Missouri
Spring 2015
Fall 2014
Spring 2014
Fall 2013

Retirement Planning and Employee Benefits, undergraduate level, 3 credits

Family and Personal Finance, undergraduate level, 3 credits
Financial Planning: Risk Management, undergraduate level, 3 credits
Family and Personal Finance, undergraduate level, 3 credits
Financial Planning: Risk Management, undergraduate level (online), 3 credits
Portfolio Theory and Management, graduate level, 3 credits
Financial Planning: Risk Management, undergraduate level, 3 credits
Seminar in Household Economics and Finance, graduate level, 1 credit

Texas Tech University

Spring 2013
Fall 2012
Summer 2012
Spring 2012
Fall 2011
Spring 2011
Fall 2010
Summer 2010
Fall 2009

Introduction to Personal Finance, undergraduate level, 3 credits

Introduction to Personal Finance, undergraduate level, 3 credits
Client Communication and Counseling, graduate level, 3 credits
Financial Problem Solving, undergraduate level, 3 credits
Employee Benefits, undergraduate level, 2 credits
Personal Investing, undergraduate level, 1 credit
Retirement Planning, undergraduate level, 3 credit hours
Personal Finance: Managing Risk, undergraduate level, 3 credit hours (online)
Risk Management and Insurance Planning, undergraduate level, 3 credit hours

SERVICE
CFP Board Ambassador, January 2015 - Present
Board member Society of Financial Service Professionals, Columbia, MO, January 2015 - Present
Department representative for the College of Human Environmental Sciences scholarship committee,
January 2014 Present
Advisor, Financial Service Professionals Industry Issues Competition, First Place - $5,000 scholarship
for MU students, Nov 2014 Jan 2015
Search committee member for State Extension Specialist in Personal Financial Planning,
January 2014 May 2104

Reviewer
National Science Foundation
Journal of Financial Counseling and Planning
Journal of Personal Finance
Doctoral Committees
Payne, P., Ph.D. Candidate, Texas Tech University. Dissertation topic: Risk Tolerance and Well-Being in
Recessions
Yuanshan Cheng, Ph.D. Candidate, Texas Tech University. Dissertation topic: Consumer Perception of
Financial Advisors