Mitch Tuchman explains how Rebalance IRA brings the investment expertise and best practices of leading pensions, endowments, and foundations to everyday investors through its Investment Committee of industry “rock stars.”
Transcript
Mitch Tuchman: When we started Rebalance IRA, we wanted to bring the best practices of the best pensions, endowments, and foundations, those investment practices, to everyday investors. So we thought, well, who are the best guys to do that? Who’s the Mick Jagger of that business? And we shot as high as possible, and luckily, we were able to get the top three guys in that industry.
So we have Burt Malkiel. Burt Malkiel wrote a book on index investing that’s in its 11th or 12th edition. It’s called A Random Walk Down Wall Street. It was the seminal work that helped Jack Bogle start Vanguard, and Burt served on Vanguard’s board for decades.
We have Charlie Ellis. The gold standard for endowment investing is the Yale endowment. Charlie oversaw that endowment for 10 years as head trustee, overseeing a gentleman named David Swensen, who’s thought of as the Warren Buffett of that world.
And the last is Jay Vivian. Jay Vivian took all of these practices and converted America’s largest corporate pension plan, IBM, to index investing. He converted the whole investment of over $100 billion to this method of investing.
Jay, Charlie, and Burt form our investment committee, and they are deeply engaged with our company.
We meet regularly to create, maintain, and reevaluate our portfolios, so our clients, everyday investors in America, are getting the expertise of the rock stars from this world brought right down to their investment portfolios.
