Anyone who spends time on this blog, or anywhere in the financial blogosphere/twitterverse/internet for that matter, has seen master Blogger/Tweeters Barry Ritholtz of the Big Picture blog and Josh Brown of the Reformed Broker blog mentioned quite a few times.
We provided Barry with some data he was looking for on gap opens in the S&P, talked about Josh Brown’s book, and agreed with his ideologies towards avoiding retail forex; and just to prove we don’t work for them – even did a mini call out of Barry in a recent post where he equated long only commodities with managed futures (they aren’t the same, Barry!).
They are the best of the best in our opinion when it comes to financial markets blogging and tweeting and calling it how it is, and their take no prisoners/challenge authority/fight the establishment styles helped shape the voice for our blog over the years, as we learned that it’s a whole lot easier (and more fun) to author a blog when you have something to say – even if its controversial or not in line with the industry playbook.
So we took note when they shared the news yesterday that they were starting their own Registered Investment Advisor (RIA) firm named Ritholtz Wealth Management, and wish them the best of success. We’ll be calling on them to discuss how the (non front loaded, non over fee charged, in the client’s best interest) managed futures products we’re involved with fit into their client portfolios, to be sure. But before we get to the business side of things… with two such creative guys – is that really the best name they could come up with?
We had a few more colorful suggestions for their combined firm’s name:
- Downtown Barry Brown Investments
- Long Island Leverage LP
- You’re doing it (Social Media, Investments, Whatever) Wrong Wealth Mgmt.
- Cold Fusion Analytics
- Reformed Picture Advisors (better than the opposite mashup, “The Big Broker”)
And some company slogans:
- “I like cars, he likes old school rap – let’s talk retirement”
- “The Big Picture, in 140 characters or less”
- “You hate Wall St. + Wall St. hates us = you’ll like us”
- “We made Twitter worth Billions and all we got was this lousy RIA”
What do you think the new firm should be named? Tweet it: #RitholtzBrownRIAnames
The performance data displayed herein is compiled from various sources, including BarclayHedge, RCM's own estimates of performance based on account managed by advisors on its books, and reports directly from the advisors. These performance figures should not be relied on independent of the individual advisor's disclosure document, which has important information regarding the method of calculation used, whether or not the performance includes proprietary results, and other important footnotes on the advisor's track record.
Benchmark index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. And further, that there can be limitations and biases to indices such as survivorship, self reporting, and instant history.
Managed futures accounts can subject to substantial charges for management and advisory fees. The numbers within this website include all such fees, but it may be necessary for those accounts that are subject to these charges to make substantial trading profits in the future to avoid depletion or exhaustion of their assets.
Investors interested in investing with a managed futures program (excepting those programs which are offered exclusively to qualified eligible persons as that term is defined by CFTC regulation 4.7) will be required to receive and sign off on a disclosure document in compliance with certain CFT rules The disclosure documents contains a complete description of the principal risk factors and each fee to be charged to your account by the CTA, as well as the composite performance of accounts under the CTA's management over at least the most recent five years. Investor interested in investing in any of the programs on this website are urged to carefully read these disclosure documents, including, but not limited to the performance information, before investing in any such programs.
Those investors who are qualified eligible persons as that term is defined by CFTC regulation 4.7 and interested in investing in a program exempt from having to provide a disclosure document and considered by the regulations to be sophisticated enough to understand the risks and be able to interpret the accuracy and completeness of any performance information on their own.
RCM receives a portion of the commodity brokerage commissions you pay in connection with your futures trading and/or a portion of the interest income (if any) earned on an account's assets. The listed manager may also pay RCM a portion of the fees they receive from accounts introduced to them by RCM.