
Lee Munson, CFA, CFP is the Founder and Chief Investment Officer of Portfolio, LLC., an asset management firm based in Albuquerque, NM. Munson began his career in the 1990s as a trader on Wall Street then relocated to Albuquerque, New Mexico where he served as VP of Schwab Private Client.
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Lee Munson, CFA, CFP is the Founder and Chief Investment Officer of Portfolio, LLC., an asset management firm based in Albuquerque, NM. Munson began his career in the 1990s as a trader on Wall Street then relocated to Albuquerque, New Mexico where he served as VP of Schwab Private Client.
His first book, "Rigged Money: Beating Wall Street at its Own Game" (John Wiley & Sons), was published in December 2011. Munson is a frequent guest on CNBC's The Kudlow Report. His insights and contributions have appeared in The Wall Street Journal, New York Times, Huffington Post, Forbes, Smart Money, Kiplinger's Personal Finance, CFA Magazine, TalkMarets, Seeking Alpha, TheStreet.com and Fox Business News. - See more at Portfoliollc.com.
CEO and Chief Investment Officer | |
Portfolio, LLC | |
January 2008 - Present (13 years 6 months) | |
Took a one person office to three offices across the southwest. After spending 14 hours a day building a business, I decided my time was better spent managing money for clients. In 2011 Lorraine Ell was put in charge of the day to day as COO of the firm. Since then we are bigger, more profitable across the table, and happier. |
Vice President | |
Charles Schwab | |
April 2002 - January 2008 (5 years 11 months) | |
Schwab Private Client for New Mexico |
Senior Vice President | |
Prime Charter, Ltd. | |
February 1998 - November 2000 (2 years 10 months) | |
Built and managed custom portfolios for high net worth individuals. Key trader for TFC Advisors, LLC and The Mother Lode Fund, LLC. Specialized in option strategies. Developed hedging strategies for institutional stock positions. Created monitization strategies for insiders in public companies. |
St. John's College (NM) | |
B.A. | |
1992 / 1997 | |
Liberal Arts |
Palm Desert High School | |
1988 / 1992 | |
Rigged Money: Beating Wall Street at Its Own Game | |
Lee Munson | |
Wiley | |
12/06/2011 | |
Rigged Money: Beating Wall Street at Its Own Game explains in detail how the financial industry has systematically worked to convince the public that investing across different asset classes is the only way to protect wealth. At one point this was probably sage advice, but today it's an outdated rule more likely to bring disaster than success. Since asset classes—from small caps and international stocks to gold and bonds—now overlap when it comes to risk and volatility parameters, the diversification effect is gone, and with it, any reason for spreading your money around. It's this change in the financial landscape, and the rules of the game, that Wall Street doesn't want you to know about, and that this book discusses. |
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