Ed Butowsky, a renowned financial advisor and wealth management expert, has made a significant impact on the finance industry. With his unique ability to understand how current events affect investment portfolios, he has built a successful career and amassed considerable wealth.
This article, brought to you by Covemarkets, delves into Ed Butowsky Net Worth, exploring his background, personal life, and professional journey.
Quick Facts
| Full Name | Edward “Ed” Wayne Butowsky |
|---|---|
| Popular Name | Ed Butowsky |
| Gender | Male |
| Birth Date | February 12, 1962 |
| Age | 61 |
| Parents | Information not available |
| Siblings | Information not available |
| Birth Place | United States |
| Nationality | American |
| Ethnicity | White |
| Education | Attended Ithaca College and University of Texas, Austin’s business school |
| Marital Status | Married |
| Sexual Orientation | Straight |
| Wife/Spouse | Information not available |
| Children | Information not available |
| Dating | Not applicable |
| Net Worth | $20 million |
| Source of Wealth | Finance and Investment |
| Height | Information not available |
| Weight | Information not available |
What is Ed Butowsky’s Net Worth and Salary in 2023?
Ed Butowsky has accumulated an impressive net worth of approximately $20 million. His main source of income is his career as a financial advisor and money manager.
As the founder and Managing Partner of Chapwood Investments, LLC, Butowsky earns a significant income managing investment portfolios for high-net-worth individuals. He also likely makes lucrative fees as a speaker, author, and media commentator.
According to reports, Butowsky charges annual fees ranging from 0.50% to 2.50% to manage clients’ investment portfolios. With assets under management estimated to be between $100 million and $600 million, Butowsky likely earns between $500,000 to $15 million in annual fees through Chapwood.
Ed Butowsky Biography
Wiki
Edward Wayne Butowsky was born on February 12, 1962, in Maryland, USA. He attended the University of Texas at Austin, graduating in 1984 with a degree in Finance.
After college, Butowsky began his finance career as a financial advisor at Morgan Stanley. He later worked for Bear Stearns before founding his own investment advisory firm, Chapwood Investments in 2005.
Butowsky has appeared frequently as a financial commentator on major media outlets including Fox News, CNN, ABC, NBC, CBS and more. He also hosts a podcast called “Making Sense with Ed Butowsky.”
Height and Weight
Ed Butowsky is 6 feet tall and weighs 200 pounds.
Career and Awards
Butowsky embarked on his professional journey in 1984 when he joined Morgan Stanley, a leading global financial services firm. During his tenure at Morgan Stanley, he served as a senior vice president in private wealth management, demonstrating his unique ability to recognize and discuss how current issues impact investment portfolios.
His exceptional performance and dedication made him the firm’s top producer nationally and the first advisor to surpass $1 billion in assets under management.
In 1987, Butowsky expanded his professional portfolio by joining Bear Stearns as an advisor. His expertise and commitment to providing sound financial advice continued to shine through, earning him recognition and respect within the industry.
However, it was in 2005 that Butowsky made a significant leap in his career by founding Chapwood Investments LLC, a private wealth management advisory firm.
Under his leadership as managing partner, Chapwood Investments has been dedicated to offering comprehensive financial counseling and investment advice to wealthy families and individuals.
Butowsky’s remarkable contributions to the financial services industry have not gone unnoticed. In 2006, he was named Financial Advisor of the Year by the Dallas Business Journal, a testament to his exceptional skills and dedication to his clients.
Additionally, he is a proud member of the Million Dollar Round Table, an exclusive forum for the world’s most successful life insurance and financial services professionals.
Beyond his roles in various financial institutions, Butowsky is a regular media commentator, sharing his insights on major networks such as Fox and CNN. His ability to simplify complex financial concepts and provide actionable advice has made him a sought-after expert in the field.
Moreover, he has leveraged his extensive knowledge and experience to author the book “Wealth Mismanagement: Protect Your Portfolio.” The book offers readers an insider’s perspective on the dirty secrets of financial advisors and provides practical strategies to protect their investments.
Despite his numerous professional commitments, Butowsky remains committed to giving back to the community. He mentors up-and-coming athletes and their parents, providing advice on everything from contract negotiations to family finances.
His straight talk and willingness to find solutions to challenging issues have made him a trusted advisor to both public figures and private individuals alike.
Personal Life
Ed Butowsky is married to his wife Lila Butowsky. Together they have two children. Butowsky and his family reside in Plano, Texas where his investment firm Chapwood Investments is headquartered.
News
In 2017, Butowsky was involved in developing a Fox News story alleging that the murder of Democratic National Committee staffer Seth Rich was an inside job. The story was later retracted after it was revealed that Butowsky had been in contact with the victim’s family and had offered to pay them for their silence.
Butowsky was also a co-defendant in a lawsuit filed by the Rich family against Fox News. The lawsuit alleged that the story had defamed the family and caused them emotional distress. The case was eventually settled out of court.
Social Media Accounts
Ed Butowsky can be found on various social media platforms, including Instagram, Twitter, YouTube, LinkedIn, and Pinterest. He has a substantial following across these platforms, engaging with his audience through posts related to financial insights and advice.
Read more: Glenn Loury Net Worth
FAQs about Ed Butowsky
What is Ed Butowsky’s net worth?
Ed Butowsky’s net worth is estimated to be around $100 million.
What is Ed Butowsky’s profession?
Ed Butowsky is an investment advisor and television personality.
Where did Ed Butowsky study?
He attended Ithaca College and the University of Texas, Austin’s business school.
Conclusion
Ed Butowsky has accumulated an impressive net worth of $20 million primarily through his financial advisory firm Chapwood Investments. He has over 30 years of experience in wealth management and media commentary.
However, Butowsky has also been mired in controversies like the retracted Seth Rich story, which have raised questions about his reporting methods and political motivations. Nevertheless, Butowsky remains a prominent figure in business and finance.
