Russell Wayne

Personal Finance, Retirement, Investing
“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.”

Sound Asset Management Inc.

Job Title:



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.



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:


CRD Number:


  • Russell Wayne
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July 2017
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    Investing, Starting Out
How do you recognize when you are ready to start investing?
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From the standpoint of preparing for the future, you're certainly thinking the right way.  The sooner you begin, the better off you will be.  Although many folks wait until the years before retirement, it's much more helpful to get going now and take the long view.  With that said, however, you would be well advised to consider making regular contributions, however small, to a broadly diversified investment vehicle rather than what amounts to the highly risky practice of buying a few stocks and keeping your fingers crossed.  May I suggest a combination of two exchange-traded funds: VTI, Vanguard Total U.S. Stock Market ETF, and VXUS, Vanguard Total International Stock Market ETF.  They are about $125 and $52, respectively, so you could buy 1 share of VTI and 2 shares of VXUS to get started.  The trades can be done through online brokerage houses (Schwab, TD Ameritrade, etc.) for $5-7 each.  As funds are available, you can add to these holdings.

June 2017
    Banking, IRAs, Senior Care
What would you recommend to do with multiple separate IRAs?
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November 2016
    Investing, Mutual Funds
What is the average annual return for the S&P 500?
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July 2017
    Career / Compensation
What is the difference between a stock broker and a financial advisor?
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October 2017
    Career / Compensation, Personal Finance, Investing
Can I get 10% growth in my income every year from dividends?
87% of people found this answer helpful
June 2017