Ric Edelman
Fredric Mark "Ric" Edelman[6] is the founder of Edelman Financial Engines, the author of several personal finance books, and the host of a weekly personal finance talk radio show called The Ric Edelman Show.[7] Edelman was also the host of the public television show The Truth About Money with Ric Edelman.
Ric Edelman | |
---|---|
Born | [1] | May 28, 1958
Education | Rowan University |
Occupation | Financial advisor, media personality |
Television | The Truth About Money with Ric Edelman[3][4] |
Spouse(s) | Jean Edelman[5] |
Website | www |
Early life and education
Edelman grew up in Cherry Hill, New Jersey.[2] He majored in communications at Rowan University (then Glassboro State College), where he met his wife Jean.[8] He began his career as a reporter for McKnight Publications from 1980 to 1986.[5]
Business career
Ric and Jean Edelman co-founded Edelman Financial Services, a financial advisory firm, in 1987.[9] Edelman sold a majority stake of Edelman Financial Services to Sanders Morris Harris Group in 2005.[2] The group merged with Financial Engines to form Edelman Financial Engines in 2018 and Ric Edelman sits on the board where he oversees financial education and client experience.[10][11]
Recognition
In July 2001, Edelman's book Ordinary People, Extraordinary Wealth appeared at #1 in the paperback "Advice, How-to and Miscellaneous" category of the New York Times Best Seller list.[12] Barron's ranked Edelman the #1 Independent Financial Advisor in the United States in 2012.[13]
Personal life
Jean and Ric Edelman founded the Edelman Nursing Career Development Center in partnership with Inova Health System in 2001, and donated $1 million to the program in 2008.[14]
Rowan University renamed its creative arts school the Ric Edelman College of Communications & Creative Arts in February 2020[15][16] and named him a "Distinguished Lecturer".[17]
Books
- The Truth About Money with Ric Edelman (1997)
- The New Rules of Money (1998)
- Ordinary People, Extraordinary Wealth (2001)
- What You Need to Do Now (2001)
- Discover the Wealth Within You (2003)
- The Lies About Money (2007)
- Rescue Your Money (2009)
- The New Rules of Money (2010)
- The Truth About Retirement Plans and IRAs (2014)
- The Truth About Your Future (2017)
- The Squirrel Manifesto (2018), co-written with his wife Jean Edelman
References
- "Edelman, Ric 1958-". Encyclopedia.com. Retrieved June 26, 2020.
- Wollman Rusoff, Jane (May 12, 2014). "Ric Edelman: What's Wrong With IRAs, 401(k)s, and the Industry That Sells Them". ThinkAdvisor. Retrieved May 29, 2020.
- "The Truth About Money with Ric Edelman". IMDB. Retrieved June 11, 2020.
- Robinson, Jennifer (March 24, 2017). "Ric Edelman's The Truth About Retirement". KPBS. Retrieved June 11, 2020.
- Wenik, Ian (June 27, 2018). "'We will see a $1trn RIA': Ric Edelman is taking advice mainstream". Citywire. Retrieved May 26, 2020.
- "Fredric Mark Edelman: Executive Profile & Biography". Bloomberg.com. Bloomberg L.P.
- "The Ric Edelman Show". Edelman Financial Engines. Retrieved January 25, 2021.
- Romalino, Carly Q. (November 14, 2019). "Need college tuition help? Rowan unveils a $10M endowment for communications, creative arts scholarships". The Courier-Post. Retrieved May 29, 2020.
- Caffrey, Michelle (October 17, 2016). "$25M gift to transform Rowan University's fossil park into 'world-class destination'". Philadelphia Business Journal. Retrieved June 11, 2020.
- "Edelman Financial And Financial Engines Complete Merger". Retrieved November 29, 2018.
- Din, Suleman; Paikert, Charles; Allocca, Sean (April 30, 2018). "$3B deal of Edelman, Financial Engines puts other RIAs in the hot seat". Financial Planning. Retrieved June 11, 2020.
- "Paperback Best Sellers: July 29, 2001". The New York Times. July 29, 2001. Retrieved January 26, 2021.
- McGee, Suzanne (August 25, 2012). "Top 100 Independent Advisors". Barron's. Retrieved June 9, 2013.
- "Edelmans Donate $1 Million to Nursing Program". Inside NoVa. February 10, 2008. Retrieved June 26, 2020.
- Bader, Emily (February 14, 2020). "Rowan University renames creative arts school". ROI-NJ. Retrieved August 9, 2020.
- Rothauser, Corey (February 12, 2020). "Rowan University approves name change for Ric Edelman College of Communication & Creative Arts". The Whit Online. Retrieved August 9, 2020.
- "Rowan alumni Jean and Ric Edelman commit $25 million for University's Fossil Park". Rowan University. October 17, 2016. Archived from the original on October 14, 2017. Retrieved March 18, 2019.