My name is Richard Ferri (Rick). I have been in the investment business for over 20 years. The first 10+ as a broker and the last 10+ years as a low-fee investment advisor.
My title is Founder of Portfolio Solutions, LLC, an investment management firm based Troy, MI. Portfolio Solutions manages close to $1 billion in separately accounts for high-net-worth individuals, families, non-profit organizations, and corporate pension plans. The firm specializes in a low-cost, tax-efficient, asset allocation investment approach to building wealth.
- Bachelor of Science degree in Business Administration from the University of Rhode Island.
- Master of Science degree in Finance from Walsh College.
- Chartered Financial Analyst (CFA).
Prior to joining the investment community in 1988, I served as an officer and jet pilot in the U.S. Marine Corps. In total, I served for 21 years and retired from the Marine Corps Reserve in early 2001.
I have authored six books. My latest book, The Power of Passive Investing: More Wealth with Less Work, shows how passive investors who buy the market will capture better results than most active investors who try to beat the market. The ETF Book is a comprehensive guide to the illusive world of exchange-traded funds. Other books are Serious Money: Straight Talk about Investing for Retirement [free on-line], All About Index Funds [2nd Edition: McGraw-Hill], All About Asset Allocation [McGraw-Hill] and Protecting Your Wealth in Good Times and Bad [temporarily out of print, see below].
All the royalties I earn from the sale of books is donated to the Semper Fi Fund. This non-profit organization provides immediate financial support for injured members of U.S. Armed Forces and their families.
- All About Index Funds: The Easy Way to Get Started (Google books or Amazon.com)
- All About Asset Allocation (Google books or Amazon.com)
- Bogleheads' Guide to Retirement Planning, Rick Ferri is a co-editor of this Bogleheads community-authored book (Google books, ISBN 978047045557-9, or Amazon.com)
- The ETF Book: All You Need to Know About Exchange-Traded Funds (Google books or Amazon.com)
- The Power of Passive Investing: More Wealth with Less Work (ISBN 978-0470592205 or Amazon.com)
- Protecting Your Wealth In Good Times and Bad (Google books (temporarily out of print) or Amazon.com Kindle)
- Serious Money: Straight Talk about Investing for Retirement (free on-line)
Any purchases made at Amazon.com will result in a small referral fee for us. It does not cost you anything extra.
- Asset Class and Investment Strategy (27 November 2014)
- Fighting Through Risk Tolerance Questionnaires (3 November 2014)
- Dealing with Volatility (16 October 2014)
- Are You a Performance Taker or Seeker? (6 October 2014)
- Avoid Being An Out-Of-Style Investor (15 September 2014)
Rick Ferri discusses his book, The Power of Passive Investing, with Morningstar.