News

Advanced Analytical Consulting Group (AACG), an economic, statistical, and computing consulting firm, is pleased to announce that Ms. Meryl Baldwin has joined the firm as a Senior Manager in its Boston office. Ms. Baldwin brings her expertise and extensive experience in business operations and financial management to AACG.

Advanced Analytical Consulting Group, Inc. (AACG), an economic, statistical, and computing consulting firm, is pleased to announce the addition of Stephen Nyquist as principal within the Strategy and Operations practice.

Karthik Padmanabhan joins AACG Economic Consulting as Senior Manager
AACG Economic Consulting announced expansion of its Strategy and Operations practice. Karthik Padmanabhan, an experienced consultant specializing in pricing and profit optimization, has joined AACG as a Senior Manager.

Offers wide range of practices to corporate and law firm clients on the West Coast
AACG Economic Consulting today announced an expansion with the opening of a new office in San Francisco. AACG's new location offers clients its full range of litigation and business consulting services, including litigation and disputes, regulation compliance monitoring, strategy and operations, pricing analysis, and analytical tool development.

Scientific Fraud Detection helps identify fraudulent behavior related to trade allocation, portfolio pumping, front running and late trading
In the wake of the financial sector meltdown and heightened concerns about financial fraud, Advanced Analytical Consulting Group, Inc. (AACG) introduces a new product, Scientific Fraud Detection, designed to help funds monitor regulatory compliance and identify fraudulent behavior. AACG Economic Consulting now offers customized, rigorous statistical tests that help identify fraudulent behavior, including behavior related to trade allocation, portfolio pumping, front running and late trading. AACG's experienced economists apply a unique methodology which uses internal and external data to detect aberrant trading patterns.

Privately purchased annuities are gaining popularity, in part because the income flows that they guarantee for life serve as insurance against the risks of poor investment returns and of outliving one's retirement resources. The Wall Street Journal featured an in-depth article on private annuities, explaining how they may appeal to some but not all retirees. The article quoted AACG economist, Dr. Stan Panis. In a study on retirement well-being, Dr. Panis found that retirees with annuities or other lifelong, guaranteed income -- other than from Social Security -- were more satisfied in retirement and showed fewer symptoms of depression. The longer retirees spent in retirement and the more they depleted their savings, the stronger the benefits of lifelong, guaranteed income became.

Many consumers recognize the protection that private annuities can provide against investment risks and the risks of outliving one's resources. However, choosing an appropriate annuity product can be difficult because of the many flavors and features offered by life insurance companies. Bob McCormick of KNX 1070 Newsradio in Los Angeles interviewed AACG economist, Dr. Stan Panis, to help educate his listeners. In three broadcast episodes, Dr. Panis explained the basic features of private annuities and clarified some typical consumer misunderstandings.

Dr. Stan Panis of AACG and Dr. Lynn Karoly of the RAND Corporation recently published a study, "Supply of and Demand for Skilled Labor in the United States." The study describes how long-term demographic changes, technological development, and globalization are slowing down the growth of the skilled workforce in the United States while also increasing the number of skilled workers that the American industry is looking to recruit. The study appears in Skilled Immigration Today, a book edited by Jagdish Bhagwati of Columbia University and Gordon Hanson of the University of California at San Diego (Oxford University Press, 2009).