LTAM's video market commentaries offer insights from various sources but do not guarantee accuracy or completeness, serving as informational rather than solicitation material, with past performance not indicative of future results.|Philip Blancato is the 00:10:00
Philip Blancato is the President and CEO of Ladenburg Asset Management, Chairman of the Ladenburg Investment Policy Committee and Chief Market Strategist at Osaic. Philip is a thirty-four-year veteran of the financial services industry with a specialized knowledge of portfolio and risk management, asset allocation, and macro-economic theory as well as constructing and implementing seamlessly integrated platforms of fee-based solutions. Prior to joining Ladenburg, Philip worked for PowellJohnson as the Managing Director of Advisory Services where he directed the creation and implementation of a suite of fee-based platforms. Philip also worked for Prudential Securities beginning in 1990 where he held various positions within the Investment Management Services division. In 1996 he assumed the role of First Vice President and Director of Portfolio Management Programs. His primary function was to develop and improve upon the positioning and functionality of discretionary fee-based programs. During Philip’s tenure the Portfolio Management division became one of the most successful divisions within Prudential Securities, with assets in excess of $16 billion. In 1990 Philip received a Bachelor of Science in Finance from Kean University, and in 1998 a Marketing Continuing Education degree from New York University. In 2003 he became an Accredited Investment Fiduciary, and in 2005 he completed the Securities Industry Association accredited program at Wharton Business School. Philip has been quoted several times in the Wall Street Journal and Reuters, frequently appears on CNBC and Fox Business, and speaks at industry conferences on topics such as investment management, portfolio risks and diversification, and alternative investments.