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Thomas Doellman, Ph.D.

Associate Professor
Department of Finance


Ph.D. in Finance, University of Florida
M.S. in Finance and Economics, Southern Illinois University at Edwardsville
MBA, Southern Illinois University at Edwardsville
B.S. in Management Information Systems/Business Administration (Economics), Southern Illinois University at Edwardsville

Research Interests

Investments, Retirement Plans, Mutual Funds, Behavioral Finance, Corporate Decision Making

Professional Experience

Founder, Elemental Wealth Group

Publications and Media Placements

Alphabeticity bias in 401(k) investing (with Jennifer Itzkowitz, Jesse Itzkowitz, and Sabuhi Sardarli), Financial Review, 54.4 (2019): 643-677. (Lead Article)

Investment fees, net returns, and conflicts of interest in 401(k) plans (with Sabuhi Sardarli), Journal of Financial Research 39.1 (2016): 5-33. (Lead Article)

Corporate tax avoidance and mutual fund ownership (with Fariz Huseynov, Tareque Nasser and Sabuhi Sardarli), Accounting and Business Research, 50.6 (2020): 608-635.

A dichotomy of sport sponsorships: does the nature of competition among sponsors matter? (with Brian Walkup, Adrien Bouchet, and Brian Chabowski), Journal of Sport Management, forthcoming.

Preempting the competition: how do shareholders view sponsorships in the sport apparel industry? (with Adrien Bouchet, Michael Troilo, and Brian Walkup), Journal of Sport Management 31.3 (2017): 275-287.

Honors and Awards

  • Financial Review Editors’ Choice Best Paper Award (2019)
  • Journal of Financial Research Outstanding Article Award (2016)
  • NoKyoon Kwak Junior Faculty Research Award, Saint Louis University (2019, 2017)
  • Diamond Publication Award, Saint Louis University (2017, 2021, 2022)

Professional Organizations and Associations

  • Financial Management Association