Andrew Wang

Andrew Wang is a Managing Partner at Runnymede Capital Management, an independent investment management and advisory firm that serves high-net-worth individuals and institutions. We are dedicated to helping our clients achieve their financial goals. Andrew was named one of the Top 100 Most Social Financial Advisors, contributes to The Huffington Post, and has been quoted in major investment publications including Barron's and Forbes. Andrew is married, has three children, and can be periodically found performing Hawaiian guitar in the New York tri-state area. <more info>

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Recent Posts

Still Thankful the Day After Father's Day

It's Monday, the day after Father's Day, two thousand and seventeen.  I hope all the Dads out there had a great one.  I sure did.  I am very grateful for my kids who qualify me to celebrate and to my dad, well, for everything.  Even in the 19th year of working together, my dad continues to teach me and serve as an example by how much he cares about our family, clients, and business.

My favorite Father's Day tweet that I saw yesterday came from Morgan Housel

Simple and to the point.  Great advice that resonates strongly in my middle-agedness!  This got me to thinking about fatherly advice in my family.  Here's what came to mind.

Fiduciary Rule: What You Need to Know

As of June 9th, 2017, the Department of Labor's fiduciary rule, also known as the conflict-of-interest rule, has partially taken effect.  The new rule has the greatest effect on financial advisors who are registered brokers.  How does the fiduciary rule impact you?  What do you need to know?

Professor says China and US Are Most Capitalistic Countries on Earth

On May 24th, I attended the first Gold Event in the CKGSB Knowledge Series at the new offices of White & Case. Dr. Xiang Bing, Founding Dean of CKGSB and Professor of China Business and Globalization, discussed China's Newly Dynamic Economy and the Rising Role of the Chinese Entrepreneur. FYI, CKGSB (Cheung Kong Graduate School of Business) is the Beijing-headquartered business school that Dr. Xiang established 12-years ago with the support of the Li Ka Shing Foundation. It was China’s first privately-owned business school, and these days perhaps the most well-known private Chinese institution outside the country.

Experts Concerned About Debt Yet Remain Very Bullish on China

With our world getting smaller daily, it is imperative to keep one's eyes and ears open to what's happening in global economies, especially the world's second largest economy. On May 24th, I attended the 2017 Peking University Guanghua New York Forum at the New York Public Library.  The forum featured renowned speakers re-imagining China’s business landscape for an audience of 200 Chinese and international industry leaders, academics, and innovators to discuss, debate, and exchange ideas.  Here are the highlights.

Amazon Is Everywhere

While in Manhattan for meetings recently, I walked past this shelf of Amazon packages being prepared for delivery.  While, I admittedly have my fair share of Amazon boxes at home and the office, seeing it at this scale was eye opening.  From watching Amazon Fire TV to my kids streaming Amazon Prime cartoons to asking Alexa to check today's weather forecast, Amazon.com, now in its 20th year as a public company, is everywhere.

Email Alert: How to Spot and Avoid Phishing Attacks

Two weeks ago, the WannaCry cyberattack hit more than 300,000 computers in more than 150 countries.  This global "ransomware" attack disrupted factories, hospitals, shops, and schools.  Wannacry did not discriminate much in its targets.  In the past, I've written about the importance of locking down your passwordsMy goal today is to educate and inform so that you can better protect yourself.

401(k) Tune Up: How to Lower Your Fund Fees

Runnymede has increasingly been serving as a fiduciary advisor to companies' 401(k) plans so I continue my series of articles on how to tune up your retirement plan.  The intended audience is the company and its trustees that sponsor the plan but participants are also advocating for better plans.  It is our hope to help employers optimize and better manage their retirement plan.  In doing so, we seek to help employees achieve their goal of successfully preparing themselves for retirement.

This week, I want to help you to decipher mutual fund share classes.  By far the largest component of 401(k) plan fees and expenses are those associated with managing plan investments.  Moving to less expensive funds is an action item that can save money fast and have a huge impact over time.

Long-term Jobs Killer Is Not China, It's Automation

About five years ago, I was traveling on business to Los Angeles. I was surprised to find kiosks at Alamo that processed my reservation, assigned my rental car, and directed me to the spot for pick up. As I drove out, I marveled, "Wow, I was in and out of there without talking to single person!" Today, this once novel concept is quickly becoming common place.

3 Things I Learned at FinCon Masters New York

This week, I attended an evening event in Manhattan called FinCon Masters, billed as "The Premier Event for Top Financial Influencers." The attendees were 100 bloggers, podcasters, authors, and creatives and featured emcee John Garrett, and presentations by James Altucher, Farnoosh Torabi, Lynnette Khalfani Cox, Chris Winfield, Andrew Fiebert, and Michael Schreiber. As an author of this blog, I decided to go to see what I can learn and how to improve the work that we are doing.

From Stage to Investing, Why Courage Is More Important Than Confidence

I used to pray for more confidence. Perhaps not surprising for a shy kid, I'd pray for the boost of confidence I needed to introduce myself to a stranger, give a presentation, or play guitar on stage.

IMPORTANT DISCLOSURE INFORMATION

Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Runnymede Capital Management, Inc.), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Runnymede Capital Management, Inc. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Runnymede Capital Management, Inc. is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of Runnymede Capital Management, Inc.’s current written disclosure statement discussing our advisory services and fees is available for review upon request.