Rick Ferri

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

• 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.

Blog

Rick Ferri - The Indexer, on Forbes.com

• Schwab ETFs Struggle in the Shadow of Vanguard (14 May 2012)

Charles Schwab would like to say they have Vanguard ETFs in their sights, but that would require a very powerful telescope. It isn’t realistic to compare the two ETF providers yet because Vanguard dominates in number, total assets, and even performance. That being said, I commend Schwab’s efforts to promote low-cost index investing and hope [...]

• Horseshoes, Hand Grenades and Asset Allocation (7 May 2012)

Ask people to name two things where being close counts and you’ll likely hear the popular idiom horseshoes and hand grenades. Getting close is good enough in the game of horseshoes where a toss landing near the stake scores points. With grenades, a wide fragmentation radius ensures anything close becomes a casualty. You can add [...]

• Betsy the Cow Loves Index Funds (4 May 2012)

Betsy the Cow knows something that most investors don’t, and it’s the reason she buys index funds. Betsy knows that the milk she and her friends produce gets shipped to different resellers, where it is packaged in different containers and sold at different prices. But it’s all the same milk, and that’s why she buys [...]

• Divide and Conquer ETFs (30 April 2012)

Exchange-traded products (ETPs) are a disorganized mess. The industry needs standardized product groupings so that investors have an easier time sorting and comparing funds. I propose a “first cut” classification method that sorts ETPs into four basic categories. Figure 1 illustrates the four proposed groupings by their investment objective: benchmark, strategy, hedge and active. All [...]

• Apple at $2,000 as the Dow Doubles (25 April 2012)

You heard it here first − stock could hit $2,000. It is possible. Also, the Dow could double in the next couple of years. It IS possible. All media people should contact me directly for details because they are too sensitive to discuss here. I do television also. Actually, I don’t believe that stock will [...]

Forbes.com RSS feed

Video

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

See also

• The Bogleheads℠ view

External links

Website

• Rick Ferri

 

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