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Nela Richardson, Ph.D.

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Full Name: Nela Thomas Richardson

Born: Indiana, United States

Position: SVP, Chief Economist & Co-head of the ADP Research Institute

Works for: ADP, LLC

Primary Industry: Business services, Software

Nationality: American

Residence: Washington, D.C.,

Nela Richardson, Ph.D., is Chief Economist at ADP since November of 2020. She is the co-head of the ADP Research Institute and leads economic research for ADP. 

Ms. Richardson regularly provides insight on the economy, real estate trends and capital markets to policymakers, consumers and media. She is a regular contributor to Marketplace from American Public Media and has frequently appeared on CNBC, Bloomberg, Fox Business CNN, Yahoo Finance, the Wall Street Journal, FORTUNE magazine, The New York Times and other national and local media.

She is a registered representative of ADP Broker Dealer, Inc. (ADP BD), Member FINRA, an affiliate of ADP, Inc., One ADP Blvd, Roseland, NJ 07068 and Principal Investment Strategist for ADP Strategic Plan Services, LLC (SPS) an SEC Registered Investment Adviser. Registration does not imply a certain level of skill or services.

In an interview with Fortune magazine, Ms. Richardson said In high school, she travelled to her home state’s small towns as the state debate champion. It was an education, in learning to engage with people who think very differently.

Work Experience

  • SVP, Chief Economist & Co-head of the ADP Research Institute, ADP, LLC

    Ms. Richardson joined ADP as Chief Economist in November of 2020. She is the co-head of the ADP Research Institute and leads economic research for ADP. Ms. Richardson is an experienced financial economist specializing in capital markets, housing economics and monetary policy. A proven manager and expert in media relations and brand building using advanced data science techniques and analysis. Ms. Richardson is experienced in the development and management of data science projects, personnel and research, as well as machine learning, econometrics and mathematical modeling applied to finance and consumer behavior.

  • Principal and Investment Strategist, Edward Jones

    In that role, Ms. Richardson analyzed and interpreted economic trends and financial market conditions and recommended investment strategies.

  • Chief Economist, Redfin

    As Redfin first Chief Economist, Ms. Richardson guided the company’s efforts to leverage their vast database to inform consumers about the ever changing housing market.

  • Senior Economist, Bloomberg LP

    Ms. Richardson also served as a senior economist for Bloomberg, L.P., covering housing and financial markets.

  • Adjunct Professor of Finance, Carey Business School, John Hopkins University

    Ms. Richardson has held research positions at Harvard University's Joint Center for Housing Studies.

  • Research Economist, Commodity Futures Trading Commission

    Ms. Richardson worked as a research economist at the Commodity Futures Trading Commission (CFTC) and was a member of its Dodd-Frank financial reform rulemaking team.

  • Researcher, Harvard University's Joint Center for Housing Studies

  • Senior Economist, Freddie Mac

    Ms. Richardson also served as a senior economist at Freddie Mac.

  • Graduate Intern, Federal Reserve Board of Governors

Board Memberships And Advisory Roles

  • Board Member, U.S. Chamber of Commerce,
  • Board Member, National Association of Business Economists,
  • Member, Bureau of Economic Analysis (BEA) Advisory Committee,
  • Member, Conference of Business Economists,

Education

  • PhD, Economics with concentrations in financial economics, international finance and economic development, University of Maryland-College Park, 2005
  • Masters, Economics, University of Pennsylvania,
  • BA, Triple Major in Mathematics, Economics and Philosophy, Indiana University in Bloomington,

Related Links

  • LinkedIn Profile New York City Metropolitan Area · SVP, Chief Economist & Co-head of the ADP Research Institute, ADP.
  • Twitter: @NelaRichardson Former Strategist @EdwardJones & Chief Economist @Redfin with stints @Bloomberg, @CFTC, @Harvard, & @FreddieMac -Wife, Mom and Finance Geek

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