AlphaCore Wealth Advisory
Eric Gerster has extensive work experience in the finance and investment industry.
Eric started their career at J.P. Morgan, where they worked as a Vice President and Global Credit Officer from July 1993 to June 1996.
After that, they joined T. Rowe Price as a Vice President and Portfolio Manager, specializing in technology investing. Eric managed the technology portions of the T. Rowe Price Mid-Cap Growth Fund and the T. Rowe Price New Horizons Fund from July 1998 to March 2004.
Following their time at T. Rowe Price, Gerster joined SAC Capital as a Portfolio Manager from April 2004 to December 2009.
Eric then worked at Avatar Advisors LLC as a Managing Member from January 2010 to March 2011.
Gerster was then hired as the Director of Fundamental Equities at Guggenheim Global Trading, where they built out the long/short equity business for the company's multi-strategy hedge fund. This involved developing and managing Wall Street brokerage relationships, hiring trading staff, and leading the hiring of portfolio management teams. Eric was with Guggenheim from March 2011 to May 2013.
Eric later joined Redtail Capital Management LLC as a Portfolio Manager, where they managed a family office account from April 2014 to March 2015 and a long-short equity separate account for Millennium Partners from August 2013 to March 2014.
In 2015, Gerster founded Magnolia Lane Financial Advisors LLC, where they served as CEO and Founder. Eric operated a Registered Investment Adviser, offering various services to help clients achieve financial security. This included creating customized investment plans, financial planning, retirement planning, and additional investment services. Eric led the company until February 2023.
Most recently, Gerster joined AlphaCore Wealth Advisory as the Chief Investment Strategist in January 2023.
Eric Gerster received their Master of Business Administration (M.B.A.) degree with a specialization as a Palmer Scholar from The Wharton School from 1996 to 1998. Prior to that, they obtained their Bachelor's Degree in Operations and Strategic Management, Finance, with Summa Cum Laude honors from Boston College from 1989 to 1993. Eric also holds a certification as a CFA® Charterholder from the CFA Institute. The exact year or month of obtaining the certification is not provided.
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AlphaCore Wealth Advisory
At AlphaCore, we employ an innovative asset allocation philosophy. While traditional allocations to stocks, bonds, and real estate serve an important purpose, we believe alternative investments should also be incorporated in order to properly diversify a portfolio. Historically, having a large allocation to traditional, long-only asset classes, primarily made up of equities and bonds, was considered the necessary ingredient to forming a well-diversified portfolio. Today, however, the markets have become both increasingly correlated and recent moves in equities and interest rates have become exhausted. As financial advisors, adding alternative investments in a prudent manner can help to provide the proper diversification needed in the decades to come. Our team proudly offers these customized solutions tailored to the unique goals and investment profiles of the families and individuals we serve. To ensure compliance with Rule 206(4)-1 of the Advisers Act: Clicking the “Like” button does not constitute a testimonial for or endorsement of our investment advisory firm, any associated person, or our services. Clicking the “Like” button is merely a mechanism to circulate our LinkedIn page. “Like” is not meant in the traditional sense. In addition, postings to our LinkedIn page must refrain from recommending us or providing testimonials for our investment advisory firm. Because the SEC and state securities regulators generally prohibit testimonials, any such postings are subject to swift removal. Please click here for important information about AlphaCore on social media, https://www.alphacorecap.com/alphacore-social-media
Employees
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