Author, Columnist, and Index Fund Expert
Author of six investment books, Richard (Rick) A. Ferri, CFA is a leading expert on low-cost index fund investing. Through his work as a researcher and investment manager, he continually monitors and evaluates the latest trends related to index funds and exchange-traded funds (ETFs). Rick utilizes his in-depth research about index fund investing strategies to guide the Investment Committee of Portfolio Solutions, the low-fee investment management firm he founded in 1999. In addition, he shares his insights as a frequent news commentator, Forbes columnist, media contributor and public speaker.
Rick has authored six books on low-fee portfolio management, including All About Index Funds, The ETF Book and his most recent book, The Power of Passive Investing. Moreover, he shares his expertise in a variety of media, including many financial and business publications, newspapers, blogs, and radio shows. Most notably, he writes a biweekly column for Forbes as “The Indexer.” He is also a key member of the Bogleheads “brain trust,” a community inspired by the philosophy of John C. Bogle, founder of The Vanguard Group of mutual funds. Rick’s research and insight also appears frequently in such media outlets as the Wall Street Journal, Financial Times, New York Times, Barron’s, Money, Smart Money, Kiplinger’s, The Motley Fool, CNBC, Bloomberg and Fox Business.
Furthermore, Rick is a nationally recognized speaker who speaks extensively at industry and investor conferences. During these speaking engagements he discusses his investment philosophy and shares his “tight-fisted” approach to capturing stock and bond market returns at the lowest possible cost. Additional presentation topics include index funds, ETFs, asset allocation, portfolio management and investment strategy.
With more than 20 years experience in the investment industry, Rick has gained insight from a diverse background that includes ten years as a financial consultant at two major Wall Street firms. During his time at Kidder, Peabody & Co. and SmithBarney, he grew dissatisfied with the firms’ approach to client relationships and high-fee investment management. Seeking an outlet to manage funds in accordance with his investment philosophy, Rick founded Portfolio Solutions in 1999. At the low-fee investment management firm, Rick informs the Investment Committee using his research and investment philosophy to capture market returns at the lowest possible cost.
A CFA Charterholder (Chartered Financial Analyst) through the CFA Institute, Rick holds a Master of Science degree in finance from Michigan’s Walsh College, where he has served as an adjunct professor. He earned his Bachelor of Science degree in business administration from the University of Rhode Island. Prior to entering the financial industry, Rick served as a U.S. Marine Corps officer and fighter pilot before retiring from the reserves in 2001 with twenty years of service.
About Portfolio Solutions
Founded by Rick Ferri, Portfolio Solutions is a low-fee investment management firm registered with the U.S. Securities and Exchange Commission (SEC) in all 50 states. The firm follows Rick’s investment philosophy, by offering investors an ongoing investment portfolio management service using low-cost index funds and ETFs to provide the highest probability of meeting financial goals and acquiring more wealth. Firm clients include individual investors, non-profit organizations and corporate pension plans. Since its inception in 1999, the Michigan-based company has grown into one of the country’s largest independent investment advisory firms, managing over $1.3 billion in assets*. Learn more about Portfolio Solutions.
*As of 02/27/2014
Books by Richard A. Ferri