For Immediate Release:
Melissa Karas, Marketing Director
Flexible Plan Investments, Ltd.
(800) 347-3539, ext. 173
David Varadi joins Flexible Plan Investments, Ltd. as Vice President – Economic Research & Strategic Development
Bloomfield Hills, MI – September 20, 2012 – Flexible Plan Investments, Ltd., a leading provider of active investment management solutions, is pleased to announce that David Varadi has joined as Vice President – Economic Research & Strategic Development. David brings extensive knowledge and research of quantitative systems to Flexible Plan.
“I’ve enjoyed reading David’s CSS Analytics’ blog for many years. I’ve found his analysis to be innovative and comprehensive. I look forward to his continuing the Flexible Plan mission of delivering cutting-edge tools to financial advisors with our over 600 RIA and Broker/Dealer partners,” Jerry Wagner, President of Flexible Plan, explains.
David previously worked at Macquarie Private Wealth Management as the Quantitative Director for Butler, Philbrick, and Gordillo where he was the co-developer of the Darwin Portfolio Management strategy. David was also a Principal and Chief Research Officer for Quoceant LLC, a Los Angeles-based hedge fund, where he was responsible for developing many of the firm’s new systems and portfolio management algorithms.
David founded CSS Analytics Corp. (CSSA), an institutional consulting firm that provided medium-sized hedge funds and asset managers with analytics, quantitative systems and portfolio tools. The CSS Analytics blog is currently one of the most popular and well respected sources for original quantitative research worldwide.
Prior to CSSA, David worked at the Royal Bank of Canada’s financial group as an Investment Advisor. While employed by the Frank Russell Company, David served pension clients in portfolio trading and operations. He was also a Research Associate at the Fields Institute of Applied Math in the Individual Finance and Insurance Decisions Centre. David collaborated with world-renowned finance professor Dr. Moshe Milevsky on both research papers and institutional consulting projects.
David holds an MBA in Finance from the Schulich School of Business in Toronto and an Honors Degree in Psychology from the University of Western Ontario, where his focus was on cognition and human intelligence.
About Flexible Plan Investments, Ltd.:
Established in 1981, Flexible Plan Investments, Ltd. is a leading provider of investment risk management services. As a founding member of the National Association of Active Investment Managers (NAAIM), Flexible Plan Investments is one of the trade association’s largest and oldest active money managers. The company’s mission is to provide investors with competitive returns, while reducing risk, through the use of diversified investment products, cutting-edge technology and support services.