To join a team that includes Joel Greenblatt, one of the top value managers in the world, and K. Blake Darcy, a pioneer in online commerce, is an exciting opportunity for me.
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New York, NY (PRWEB) February 17, 2010
Formula Investing (http://www.formulainvesting.com)], the money management firm, announced today that Thomas S. Gatto, CIMA® has been hired as the Director of Sales. Formula Investing is a money management firm that uses a unique, proprietary stock-screening system and a disciplined approach to manage portfolios of value stocks. The firm offers its services directly to individual investors and institutions. Recently, the firm announced that they will also be providing sub-advisory services to approved financial advisors.
Gatto joins Formula Investing in a role designed to help grow sales with the advisor community, expand platform relationships and build out the sales team. Formula Investing follows the investment strategy described by top value manager Joel Greenblatt in his New York Times bestselling book The Little Book That Beats the Market.
"In the few short months since Formula Investing launched, we have seen a tremendous amount of people from individual investors to financial advisors, recognize the unique value we bring to money management and they have followed through by investing with us,” said K. Blake Darcy, CEO, Formula Investing. Tom plays a critical role in our efforts to provide financial advisors across the country with services and client offerings that truly address their needs. The experience he brings to Formula Investing is an invaluable asset to us and we are excited to have him on our team.”
With more than 22 years of industry experience, Gatto most recently worked as the Northeast Divisional Sales Manager for the US Private Client Group at BlackRock. He also was an Advisor Consultant covering New York, NY and Fairfield County, CT for BlackRock and a Separately Managed Account Specialist for PIMCO Allianz. Gatto received a BA in Economics at Fairfield University and holds the CIMA® designation.
"To join a team that includes Joel Greenblatt, one of the top value managers in the world, and K. Blake Darcy, a pioneer in online commerce, is an exciting opportunity for me,” said Thomas S. Gatto, Director of Sales, Formula Investing. "They have pioneered a number of services that have truly changed the landscape of money management and I am thrilled to be helping them continue the company’s growth.”
Formula Investing is dedicated to transparency and is one of the first registered online money management firms to allow clients to view their account holdings and portfolio performance online, on close to a real-time basis through a dedicated proprietary website.
Formula Investing uses a system that determines portfolio selections through a logical and proprietary quantitative model that chooses stocks based on a combination of their relative cheapness and quality, as measured by earnings yield and return on capital. Formula Investing allows money to be managed in a disciplined manner.
About Formula Investing
Formula Investing is an online money management firm that uses a unique, proprietary stock-screening system and a disciplined approach to managing portfolios of value stocks. The firm offers its services to individual investors, institutions and through registered investment advisors. The system Formula Investing uses determines portfolio selections though a proprietary quantitative model that chooses stocks based on two key measures—earnings yield and return on capital. Formula Investing is co-founded by Joel Greenblatt, one of the most highly regarded value managers in the world, and it follows the strategy outlined in his New York Times bestselling book The Little Book That Beats the Market.
Contact: Philip V. Ramirez, (212) 784-5713
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