Gregg S. Fisher

Gregg S. Fisher, CFA, CFP, is the Founder and Chief Investment Officer of Gerstein Fisher, an investment management and advisory firm in New York City that he founded in 1993.^[1]

Fisher grew up working with his uncle Ed Gerstein in a family-owned accounting business that was started in 1977. This experience inspired Gregg to make Gerstein Fisher one of the first investment firms to integrate clients' tax considerations into their investment strategies, with a view toward maximizing their after-tax investment returns. When Fisher founded Gerstein Fisher, he included his uncle in the company name as a tribute to Mr. Gerstein and the formative experiences working with him that laid the foundation for Gregg's own career.

Since founding Gerstein Fisher, Gregg has been a proponent of integrating academic research insights into the firm’s own research frameworks. In 2009 he formalized the firm’s collaboration with a select circle of noted academics by establishing the Gerstein Fisher Research Center.

A CFP and CFA charter holder, Gregg is a member of the CFA Institute, the New York Society of Security Analysts (NYSSA), and the Institute for Quantitative Research in Finance [(the Q Group)]. He is an active member of Vistage International, which specializes in executive leadership development and CEO coaching and the Young Presidents' Organization (YPO), a global non-profit organization made up of company leaders from 100 countries.

Gregg holds a degree in finance from the State University of New York at Buffalo and obtained a certificate in financial planning from New York University. He has also studied at the University of Pittsburgh's Center for Fiduciary Studies.

Gerstein Fisher

Headquartered in New York City, Gerstein Fisher was founded in 1993 and manages investments using a scientific, quantitative research-based approach.

Articles and Authorship

Fisher is a frequent guest on CNBC^[2][3][4][5] and a regular contributor to Forbes, where he has written articles about diversification,^[6] efficient markets,^[7]‘Fat Tails’^[8] and commodities,^[9] among other topics.^[10][11] He also co-authored Creating Prosperity (The Alliance for Wealth Management, 2005)^[12] a book about financial planning, investing and wealth accumulation. Fisher’s market views have been quoted in The New York Times,^[13][14][15] The Wall Street Journal, BusinessWeek,^[16] Financial Times,^[17] MarketWatch,^[18] Institutional Investor,^[19] and Fortune^[20] among others.

Gerstein Fisher Research Center

The Gerstein Fisher Research Center serves as a forum for ongoing feedback loop between Gerstein Fisher’s Investment Research Team and a select circle of leading finance, risk, and economics professors from prestigious academic institutions who share common areas of research inquiry.^[21] The Center’s mission is to investigate critical issues in finance and risk faced by individual investors through pioneering research that bridges the gap between academic theory and real-world financial practice. The Gerstein Fisher Research Center has researched topics including investor behavior and its impact on market and investor returns, the phenomena of momentum in both domestic and international equity strategies, and the replication of hedge fund returns through more liquid, transparent investment strategies. Several of these studies have been published in academic and industry journals including The Journal of Wealth Management and Risk and Decision Analysis.

Fisher also serves as an adjunct professor at New York University Polytechnic School of Engineering, teaching a graduate course in Financial Engineering.

Community Service

Active in community service, Gregg is a board member of Art Start, a not-for-profit organization focused on arts education for children, Alumni & Friends of LaGuardia High School, which manages an endowment to provide financial assistance to students of the renowned New York City-based performing arts school; and Carnegie East , a facility for older adults who need assistance with daily living activities; The Jim Jacobs Charitable Foundation, Inc., a private grantmaking organization; and Community Resource Exchange , a nonprofit management consulting firm that works to make New York City's nonprofit organizations stronger and more effective. He is also involved in fundraising and assisting with charitable giving strategies for not-for-profit organizations including the DOME Project. In 2009 Fisher received the Catalog For Giving’s Impact Award, which honors a philanthropist who has made a significant impact in helping deserving youth in New York City surmount the many obstacles they face through charitable involvement that goes above and beyond financial support to leverage the full extent of his or her talent, vision and resources.

Selected Publications

• Combining Value and Momentum (2015)
• Mutual Fund Outperformance and Growth (2014)
• Advising the Behavioral Investor: Lessons from the Real World (2014)
• Momentum's Hidden Sensitivity to the Starting Day (2013)
• Past Performance is indicative of Future Beliefs (2011)
• Preventing Emotional Investing: An Added Value of an Investment Advisor (2011)

Awards

• Barrons's Top 100 Financial Advisors List (2012, 2013, 2014, 2015)
• Barron's Top 100 Independent Financial Advisors List (2010, 2011, 2012, 2013, 2014)
• Barron’s Top 1,000 Advisers List (2009, 2010, 2011, 2012, 2013)

References