Money Management Firm Formula Investing Announces Addition of Thomas S. Gatto, CIMA® as Director of Sales

New York, NY (PRWEB) February 17, 2010

Formula Investing (http://www.formulainvesting.com)], the money management firm, announced today that Thomas S. Gatto, CIMA® has been hired as the Director of Sales. Formula Investing is a money management firm that uses a unique, proprietary stock-screening system and a disciplined approach to manage portfolios of value stocks. The firm offers its services directly to individual investors and institutions. Recently, the firm announced that they will also be providing sub-advisory services to approved financial advisors.

Gatto joins Formula Investing in a role designed to help grow sales with the advisor community, expand platform relationships and build out the sales team. Formula Investing follows the investment strategy described by top value manager Joel Greenblatt in his New York Times bestselling book The Little Book That Beats the Market.

“In the few short months since Formula Investing launched, we have seen a tremendous amount of people from individual investors to financial advisors, recognize the unique value we bring to money management and they have followed through by investing with us,” said K. Blake Darcy, CEO, Formula Investing. Tom plays a critical role in our efforts to provide financial advisors across the country with services and client offerings that truly address their needs. The experience he brings to Formula Investing is an invaluable asset to us and we are excited to have him on our team.”

With more than 22 years of industry experience, Gatto most recently worked as the Northeast Divisional Sales Manager for the US Private Client Group at BlackRock. He also was an Advisor Consultant covering New York, NY and Fairfield County, CT for BlackRock and a Separately Managed Account Specialist for PIMCO Allianz. Gatto received a BA in Economics at Fairfield University and holds the CIMA® designation.

“To join a team that includes Joel Greenblatt, one of the top value managers in the world, and K. Blake Darcy, a pioneer in online commerce, is an exciting opportunity for me,” said Thomas S. Gatto, Director of Sales, Formula Investing. “They have pioneered a number of services that have truly changed the landscape of money management and I am thrilled to be helping them continue the company’s growth.”

Formula Investing is dedicated to transparency and is one of the first registered online money management firms to allow clients to view their account holdings and portfolio performance online, on close to a real-time basis through a dedicated proprietary website.

Formula Investing uses a system that determines portfolio selections through a logical and proprietary quantitative model that chooses stocks based on a combination of their relative cheapness and quality, as measured by earnings yield and return on capital. Formula Investing allows money to be managed in a disciplined manner.

About Formula Investing

Formula Investing is an online money management firm that uses a unique, proprietary stock-screening system and a disciplined approach to managing portfolios of value stocks. The firm offers its services to individual investors, institutions and through registered investment advisors. The system Formula Investing uses determines portfolio selections though a proprietary quantitative model that chooses stocks based on two key measures—earnings yield and return on capital. Formula Investing is co-founded by Joel Greenblatt, one of the most highly regarded value managers in the world, and it follows the strategy outlined in his New York Times bestselling book The Little Book That Beats the Market.

Contact: Philip V. Ramirez, (212) 784-5713

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Related Stock Screening Press Releases

Young Money Offers $ 1000 Grand Prize with Stock Market Game

Baltimore, MD (PRWEB) January 16, 2009

YoungMoney.com is giving away nearly $ 2,000 in their first Stock Market Game Contest of 2009, sponsored by ShareBuilder from ING DIRECT.

First Prize: $ 1,000 cash (1 winner)

Second Prize: $ 200 cash (3 winners)

Third Prize: $ 50 cash (5 winners)

The Young Money Stock Market Game is a free game that allows members to practice trading in a lifelike brokerage simulation. By participating in the community, YoungMoney.com members learn the ins and outs of Wall Street by investing $ 1,000,000 in virtual money. The Young Money Stock Market Game features real-time trading simulation and multiple contests. Beginning investors can practice stock market trading, compete with friends and investors, and win real money.

Ben Levy, CEO of Young Money, says that “Young Money offers the Stock Market Game to provide an entertaining risk-free way of learning about investing–one component of financial literacy. We feel our Stock Market Game is an invaluable tool to help teach young people about investing.”

Winners will be determined by the percentage gain within their portfolio during the contest period. The First Prize winner will be the investor with the highest percentage gain in a two-month period. Contests must enter by Friday, February 6, 2009 to be eligible to win. One portfolio may be created per email address.

ShareBuilder from ING DIRECT is sponsoring The Young Money Stock Market Game to encourage young investors to explore the stock market and familiarize themselves with investing. ShareBuilder from ING DIRECT is an online brokerage giving anyone access to the returns of the Stock Market. ShareBuilder makes it simple to for young investors to get started with no account minimums, no inactivity fees, and low transaction costs.

For more information, visit Young Money Stock Market Game.

About Young Money

Headquartered in Hunt Valley, Maryland, YOUNG MONEY® was launched in 1999 to change the way young adults earn, manage, invest and spend money. As a leading national money, business and lifestyle magazine written primarily by student journalists, YOUNG MONEY specifically focuses on money management, entrepreneurship, careers, investing, technology, travel, entertainment and automotive topics. For more information, please visit youngmoney.com.

About ShareBuilder from ING DIRECT

ING DIRECT, the nation’s largest direct bank and largest thrift, is dedicated to inspiring Americans to become a nation of savers. Since its inception in 2000, more than 7.3 million Americans have entrusted their savings with ING DIRECT, building the bank to $ 81 billion in assets. For more information about ING DIRECT, please visit ingdirect.com or call 1-800-ING-DIRECT.

ING DIRECT targets early-stage savers and investors – ING DIRECT through the Orange Savings Account, Electric Orange, and CDs.

ShareBuilder Securities Corporation sharebuilder.com is an online brokerage designed for automatic, long-term investing. The company’s vision is to increase the personal investing rate of the average American by helping individuals build and manage wealth over the long term. Customers pay low commissions on individual transactions, have no account minimums and can choose from three pricing programs. For more information about ShareBuilder, please visit http://www.sharebuilder.com or http://www.ingdirect.com.

ShareBuilder offers investment products including stocks, exchange-traded funds, and mutual funds.

ShareBuilder Securities Corporation, a subsidiary of ING Bank, fsb, is a registered broker-dealer and member FINRA/SIPC. ShareBuilder Advisors, LLC, a subsidiary of ING Bank fsb, is a registered investment advisor.

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©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

More Stock Market Games Press Releases

If you’ve been hanging around the stock world for long, you have undoubtedly heard of the Day Trading Robot. This Robot is the latest in a long line of robots that supposedly can beat the stock market. It’s popularity has been growing in recent months, but can it really make money?

What exactly is this Day Trading Robot anyway? If you’re like most people, you’re probably a little skeptical about whether a robot can actually make money for you. While it’s a nice idea, when it comes time to actually make it work, these things have a tendency to be all hype. Therefore, if you are skeptical of the power of a robot, it’s only natural. However, this system actually has shown a very high success rate.

So when you sign up for Day Trading Robot, what should you expect? Day Trading Robot deals with penny stocks. What does this mean for you? There is a high reward potential on your trades. The price of the stock only has to go up one cent and you’ve doubled your money. Therefore, there is a high potential to make money on each trade. You should also know that where there is possible reward, there is also possible risk. Nothing is bulletproof, so you shouldn’t expect it to be perfect. With that being said, if you go in to the thing with realistic expectations, you will be pleasantly surprised.

Another thing that you should realize with Day Trading Robot is that you won’t be getting a lot of trades. One, maybe two trades per week are completely normal for this robot. While it might not seem like much, does it really matter if you’re making good money on nearly every trade? If you can rake in 10-30% of your account on a single trade, it’s not going to take many trades to start making good money. Before long, you’ll have enough money coming in from those few trades to support you.

So how can you make money with Day Trading Robot? First of all, you’ll need to subscribe to Day Trading Robot. Secondly, you’ll need a trading account with the stock broker of your choice. It doesn’t have to be any certain broker or even an online broker. If you want, you can call the trades in to your stock broker. You just have to have access to the market. The Day Trading Robot will sit and analyze many different penny stock charts. When a profitable pattern is starting to emerge, the robot flies into action and sends out an email to you with the stock name and the entry point. It’s up to you to use this information and put in the trade. Once you do this, the robot will then tell you the exit point. Again, it’s up to you to close the trade out. In this manner, you can make a nice return on your investment with the help of Day Trading Robot. It’s really the easiest way out there to day trade.

We are revisiting a chart that produced more than 20% gains a month ago. A retrace to a higher low has been made and volume came pouring in yesterday as the stock price is now against a minor resistance at .009 and appears set to challenge a break into pennyland. If that break can happen, no substantial resistance comes into play until .015.