- Mitchell D. Eichen
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Mitchell D. Eichen Occupation CEO of The MDE Group and Risk 3.0 Asset Management Known for Founder of The MDE Group and Risk 3.0 Asset Management Mitchell D. Eichen is the founder and CEO of The MDE Group, a New York- and New Jersey-based wealth management firm, and Risk 3.0 Asset Management, an asset management firm.
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Early career
Eichen began his career practicing tax, trust, and estate law for Shanley & Fisher, P.C. (now Drinker Biddle & Reath), a law firm in Morristown, New Jersey. Following that he became a Senior Financial Counselor for the Bank of New York before founding The MDE Group in 1987.[1]
The MDE Group
The MDE Group logo
Since Eichen founded The MDE Group in Morristown more than 23 years ago, the firm has grown in size and prestige. Specializing in both asset management and comprehensive wealth management, The MDE Group now has more than $1.3 billion in assets under management. For the past four years Eichen has been ranked in the top 25 on Barron’s list of Top Independent Financial Advisers.[2] In 2009 Wealth Manager Magazine ranked MDE second in New Jersey by assets under management per client.[3]
Risk 3.0
The Risk 3.0 logoEichen has led The MDE Group’s launch of a new perspective on investment risk and return called Risk 3.0. Risk 3.0 was launched as a “risk-centric approach to investing that … addresses the current challenging investment environment.”[4] The MDE Group’s investment strategies were subsequently covered in The Wall Street Journal in an article titled “A Focus on Preservation” [5], on CNBC in a segment titled "Risk First, Then Return."[6], and in a variety of other financial and business publications.[7]
MDE has also launched Risk 3.0 Asset Management as a provider of investment solutions for other wealth advisors and institutional investors.[8] These solutions include Risk 3.0 Planned Return Strategy, Risk 3.0 Accelerated Return Strategy, and Risk 3.0 Third Rail Strategy, all of which use ETFs and publicly traded options to deliver a consistent pattern of returns for investors.[9] Reporting on the launch, Financial Advisor Magazine quoted Eichen as saying: "This idea is starting to gain traction among RIAs ... I think this is going to be the major area of growth for us and I think, within a year, it will be an accepted strategy throughout the industry."[10] InvestmentNews and AdvisorOne have both also covered the launch of this platform of investment solutions.[11][12] Eichen has partnered with business strategist and former CBS and Fox News Channel executive Mark Pearlman to design and execute the launch of Risk 3.0 and Risk 3.0 Asset Management.[13]
Authorship and Appearances
Eichen is frequently quoted in the financial media [14][15][16] and is a columnist on Forbes.com, where he writes about investment and wealth management topics with a special emphasis on risk.[17] Eichen is also a regular guest on broadcast channels such as CNBC and Fox Business Network where he provides market and investment analysis and commentary.[18] [19][20]
In addition, Eichen has published several research articles in the Journal of Financial Planning, including “The Future of Hedge Funds: Five Emerging Trends”,[21] and “Investor Mistakes 101.” He also lectures on a variety of financial topics for groups such as The American Association of Individual Investors,[22] The Georgetown University Alumni Association[23] and The Structured Products Americas Conference.[24] and is a member of the Financial Advisory Board to the Rutgers University Graduate School of Business.Education
Eichen has an LL.M in taxation from the New York University School of Law Graduate Division and a J.D. from Georgetown University Law Center. He graduated magna cum laude with a B.A. in economics from Rutgers University.
References
- ^ MDE Group Profile
- ^ Barron’s Top Independent Financial Advisers 2009
- ^ “Rankings by average aum per client” Wealth Manager, 7/1/09
- ^ The MDE Group Launches Risk 3.0™ PR Newswire, 10/13/10
- ^ A Focus on Preservation The Wall Street Journal, 11/1/10
- ^ Risk First, Then Return CNBC, 12/17/10
- ^ The MDE Group Media Page
- ^ The MDE Group Offers Risk 3.0 Platform of Investment Solutions to Advisors Reuters, 10/28/10
- ^ Options on exchange-traded funds gain in popularity InvestmentNews, 10/21/10
- ^ Firm Offers Risk Protection Strategy FA Mag, 11/30/10
- ^ The MDE Group Announces ‘Risk-Centric’ Portfolio AdvisorOne, 10/14/10
- ^ Lamco is first indie to use MDE’s option collar model InvestmentNews, 11/10/10
- ^ Mark Pearlman Joins The MDE Group to Launch Risk 3.0™ Investment Solutions Platform and Asset Management Unit CNBC, 12/22/10
- ^ Gold Prices Soar, Dollar Slammed, TheStreet.com, 11/04/10
- ^ QE2 Inspires 2-Year High on Wall Street, FoxBusiness.com, 11/03/10
- ^ “Fidelity plows ahead in the RIA business with overhauls of service, technology and management”, RIA biz, 3/30/10
- ^ Hedging Your Risk Without Missing The Bull Market Forbes.com, 2/2/11
- ^ If Debt Persists, Growth Will Be Contained Fox Business Network, 1/13/11
- ^ Investment Focus Shifts to Risk From Return CNBC, 11/8/10
- ^ Risk First, Then Returns CNBC, 12/17/10
- ^ The Future of Hedge Funds: Five Emerging Trends
- ^ "Top 10" forecasts lecture
- ^ "Markets in a Time of Transition: Are They Politically Correct"
- ^ “Structured products for High Net Worth investors” lecture
Categories:- Living people
- American money managers
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