October 22, 1958 |
New York, New York
|Education||B.A., Hamilton College
M.B.A., New York University
|Occupation||Registered Investment Advisor, Professor, Author|
Richard Bernstein (born October 22, 1958) is an American registered investment advisor, professor, and author. He is the former Chief Investment Strategist at Merrill Lynch where he determined the firm's asset allocation for equities, fixed income, commodities, and alternative investments. He currently serves as the Chief Investment Officer and Chief Executive Officer of asset management firm Richard Bernstein Advisors, LLC.
Early life and education
Rich holds a MBA in finance, with Beta Gamma Sigma distinction, from New York University, and a BA in economics from Hamilton College, and has lectured on finance and economics at numerous colleges, universities and professional forums.
Mr. Bernstein has nearly 30 years' experience on Wall Street, including most recently as the Chief Investment Strategist at Merrill Lynch & Co. Prior to joining Merrill Lynch in 1988, he held positions at E.F. Hutton and Chase Econometrics/IDC. A much-noted expert on equity, style and asset allocation, Mr. Bernstein was voted to Institutional Investor magazine's annual "All-America Research Team" eighteen times, including ten as the top-ranked analyst in his category. He was also twice named to both Fortune magazine's "All-Star Analysts" and to Smart Money magazine's "Power 30". Mr. Bernstein was recently named to Registered Rep's "Ten to Watch" for 2012. His book "Style Investing – Unique Insight into Equity Management" is widely viewed as the seminal book on style-oriented investment strategies. He donates the profits from that and his other book, "Navigate the Noise: Investing in the New Age of Media and Hype", to charity. Mr. Bernstein sits on the Alfred P. Sloan Foundation endowment's Investment Committee (~$1.7 billion) and on the Hamilton College endowment's Investment Committee (~$600 million), and he is a trustee of both institutions. He also sits on the Executive Committee of the NYU/Stern Graduate School of Business, where he is an Adjunct Professor of Finance, and is a member of the Journal of Portfolio Management's Advisory Committee.
Richard has published two books, Style Investing - Unique Insight into Equity Management and Nagivate the Noise: Investing in the New Age of Media and Hype. Rich donates all proceeds from the sale of these books to charity.