Rick Ferri

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Rick Ferri. Photo by Paul (sddiehard).

Rick is a bogleheads.org reading list author

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.
Education:

  • 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.

Books

Any purchases made at Amazon.com will result in a small referral fee for us. It does not cost you anything extra.

Blog

Rick Ferri Blog

What are you doing in this market environment? I’ve been asked this question thousands of times, in all market environments. It’s a difficult question because it’s natural to want to do something useful today in preparation for what is to come tomorrow. But today’s market environment may not be tomorrow’s, and if we don’t know [...]
Mutual fund rating services divide mutual funds into categories based on their investment style. This helps investors compare the performance of one style to another and helps them compare the performance of individual funds in a particular style. While useful in many ways, this methodology can also create the illusion of superior performance when none [...]
For as long as I have followed Vanguard Group founder and former CEO John Bogle, he has never embraced investing in foreign stocks. “I wouldn’t invest outside the U.S.” he said during an interview with Carla Fried for Bloomberg Business. “If someone wants to invest 20 percent or less of their portfolio outside the U.S., [...]
The Big Apple is the famous nickname for New York City. It was made popular in the 1920s by John J. Fitz Gerald, a writer for the Morning Telegraph. The name was also popular with jazz musicians in the 1930s and ‘40s who coveted gigs in posh Manhattan nightclubs. Most people still associate The Big [...]
Interest rates are going up. The Federal Reserve has essentially said so. They just haven’t said exactly when or by how much. Are you afraid of higher interest rates? If so, what you fear is probably the potential bad side. While they may have a dampening effect, there also are some silver linings to be [...]

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Video

Rick Ferri discusses his book, The Power of Passive Investing, with Morningstar.

See also

External links

Website