Professor Droms, is the author or co-author of 12 books on finance and investments, including Investment Fundamentals, The Dow Jones-Irwin Guide to Personal Financial Planning, Dow Jones-Irwin No-Load Mutual Funds, The Life Insurance Investment Advisor, and Finance and Accounting for Nonfinancial Managers. His published research papers have appeared in numerous academic and professional journals, including the Financial Analysts Journal, Journal of Accountancy, CPA Journal, Journal of Financial Research, Applied Financial Economics, and American Journal of Economics and Sociology. Professor Droms, a chartered financial analyst, developed a proprietary portfolio allocation scoring system (PASS) for individual investor asset allocation. This system has been adapted for major banks, insurance companies, brokerage firms and CPA practices.