David Merkel

David Merkel is a Chartered Financial Analyst and an experienced qualitative and quantitative investment analyst. He is the Stock Investing Expert for The Balance, covering stocks, bonds, and alternative investment.

David runs his own equity and bond asset management business, and has also written about investments for RealMoney.com and for his blog, "Aleph Blog". He has worked for a brokerage firm, a hedge fund, two bond investment firms, and three life insurance companies.

Experience

Since 2010 David has run his own equity and bond asset management business, Aleph Investments, LLC. He offers separately managed stock and bond accounts for individual clients and small institutions. He also writes a blog on risk control, finance, and investing, and has been included in in many top finance and investing blog rankings.

From 2008-2010, David was the Chief Economist and Director of Research of Finacorp Securities, where he provided research and analysis on a wide variety of fixed income and equity securities, and trading strategies.

From 2003-2007, David was a senior investment analyst at Hovde Capital, providing analysis and valuation of investment opportunities for the FIP funds, with a focus on insurance industry companies. He also managed the internal profit sharing and charitable endowment monies of the firm.

During this time, David was also a leading commentator at for James Cramer's investment website RealMoney.com, covering equity and bond portfolio management, macroeconomics, derivatives, quantitative strategies, insurance issues, corporate governance, and other topics.

David's professional experience in the financial services world also includes managing corporate bonds for Dwight Asset Management; serving as the Mortgage Bond and Asset Liability manager for the Mount Washington Investment Group; and working in the insurance industry as a generalist actuary for Provident Mutual, AIG, and Pacific Standard Life.

David received his CFA Charter in 1996, and currently serves as Secretary of the CFA Society of Baltimore. He received his Bachelor's and Master's Degrees from The Johns Hopkins University in Political Economy in 1982.

About The Balance and Dotdash

The Balance makes personal finance easy to understand. It is home to experts who provide clear, practical advice on managing your money. Whether you’re looking to invest, buy a home, save for retirement, or achieve another financial goal, The Balance will answer your questions with straightforward personal financial advice.

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