Russell Wayne

CFP®
Personal Finance, Retirement, Investing
98%
Helpful
279
Answers
50
Articles
359
Followers
“With more than four decades of experience as a personal financial adviser, investment manager, and investment analyst, Russell Wayne is committed to helping his clients enjoy their lives while he takes charge of their financial concerns.”
Firm:

Sound Asset Management Inc.

Job Title:

Principal

Biography:

Russell Wayne is a Certified Financial Planner and President and Chief Investment Officer of Sound Asset Management, Inc., an independent financial advisor based in Weston, Connecticut primarily serving clients in the greater New York tristate region and throughout New England.

Russell began his career with Arnold Bernhard & Co., Inc., the parent company of Value Line, Inc. Positions he held while associated with Value Line included Managing Editor, The Value Line Investment Survey; Portfolio Adviser, The Value Line Mutual Funds; Executive Editor, The Value Line OTC Special Situations Service; Business Manager, Value Line, Inc.; Portfolio Manager, Value Line Asset Management; and Director of Investment Software, Value Line Software.

From 1991 to 1995, Russell was Vice-President and Chief Investment Officer with Heine Management Group. He was also Vice-President and Secretary of the LMH Fund, Ltd. Clients for whom he has managed portfolios include Xerox, Texas Utilities, National Maritime Union, and United Cerebral Palsy Association.

Russell has been a featured guest on television, including CNN and the Bloomberg Network. He has been quoted in leading business  print periodicals and well-known websites, including The Wall Street Journal, Barron's, BusinessWeek, The Wall Street Transcript, The New York Times, Investment News, MSNBC,  Yahoo! Finance, NASDAQ, and Facebook.

Russell earned his B.A. and M.B.A. at Hofstra University. He earned his Certificate in Financial Planning from Florida State University and has pursued postgraduate studies at New York University School of Law. He is listed in Who's Who In The East, Who's Who In Finance and Industry, Who's Who In America, and Who's Who in the World. Russell has contributed to a number of published works. His own published works include Markets, Myths, and Memories (2010) and Live Well and Sleep Well With Your Investments Now and When You Retire (2016).

Russell is a proud member of the National Association of Personal Financial Advisors.

  

Education:

M.B.A. (Finance and Investments). B.A., N.Y.U. Law, Hofstra University
Certified Financial Planner, Florida State University

Assets Under Management:

$35 million

Fee Structure:

Asset-Based

CRD Number:

460451

Videos
  • Russell Wayne
All Articles
Sort By:
Most Helpful
July 2017
    Investing, Stocks
last month
    Investing, Stocks
July 2017
    Investing, Stocks
May 2017
    Choosing an Advisor, ETFs, Investing, Mutual Funds
May 2017
    Stocks, Investing

All Answers
Sort By:
Most Helpful
    Retirement, Retirement Savings, Investing
Where should I leave my retirement savings until I'm ready to invest?

With a six-month time frame, your possibilities for reasonable investment should be focused on opportunities where the likelihood of gain substantially outweighs the risk of loss.  With that said, you may want to consider issues focused on floating interest rates and/or short-term debt securities..  Floating rate issues have periodic adjustments to take account of changes in interest rates, which in the next year or so will almost certainly be going up.  Short-term securities mature in the next couple of years, so there's much less risk.  Two to look at are FLOT (iShares Floating Rate Bond ETF) and MINT (PIMCO Enhanced Short Maturity Active ETF)

last month
    IRAs
Can I open a traditional IRA or Roth IRA for a spouse who doesn't work?
60% of people found this answer helpful
November 2017
    Debt
Should I pay off my mortgage or pay off my credit card debt first?
40% of people found this answer helpful
November 2017
    Debt, Investing, Mutual Funds
Should I invest or pay off my debt?
0% of people found this answer helpful
November 2017
    Investing, IRAs
Can I deposit my securities into a Roth IRA rather than a T.O.D. election?
November 2017