About the Author

Richard Ferri is the founder and CEO of Portfolio Solutions, LLC, a fee-only investment firm in Troy, Michigan. The company manages investment portfolios for clients using index funds and ETFs as part of its low-cost asset allocation strategy. Portfolio Solutions manages approximately $ 1 billion in separate accounts for high-net-worth individuals, families, nonprofit organizations, and corporate pension plans.

Richard Ferri earned a Bachelor of Science degree in Business Administration from the University of Rhode Island and a Master of Science degree in Finance from Walsh College. He also holds the designation of Chartered Financial Analyst (CFA). Ferri is the author of four other investment books and has edited several more. Before joining the investment community in 1988, Ferri served as an officer and fighter pilot in the U.S. Marine Corps and is now retired from the Marine Corps Reserves.

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