Frank Newman, CFA | Source | Portfolio Manager at Ally Financial

Frank Newman joined Ally Invest in January 2021 as Portfolio Manager. With nearly 10 years of experience in giving advisors and clients direction related to their portfolios and long-term investment plans, Frank oversees Ally Wealth’s investment program, leading portfolio strategy and investment research functions. He is responsible for constructing goal-based portfolios tailored to clients’ unique needs and situations to help grow their wealth and navigate challenging market conditions with diversified, and customized investment portfolios.

Frank’s passion and curiosity for investing started at an early age when he saved money earned from weekly chores and mowing his parents’ lawn. Seeing a small stack of cash accumulate in his sock drawer, it was when he decided to start making deposits into his savings account at the local bank that he learned about compounding interest. From there he was intrigued about the various ways to grow money which inevitably led to his introduction to the stock market. Frank truly enjoys staying current and knowledgeable about the markets, economy, and continuously evolving investment landscape so that he can provide the best possible guidance to advisors and their clients.

Before joining Ally, Frank was a part of the investment team at TD Ameritrade that was responsible for building and managing the guidance portfolios that were delivered to the firm’s wealth management clients. With a background that has covered asset allocation, investment and fund research, trading operations, and ongoing portfolio management, Frank has a passion for educating investors to help them stay the course with a long-term investment process and ultimately achieve their financial objectives.

Frank earned a Bachelor of Science degree in Business Administration with a concentration in Finance from William Paterson University, and is a CFA charterholder.