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Richard Barone - Chairman |
RICHARD A. BARONE is Chairman of the
Executive Committee for the Ancora Group of Companies. The Group
includes Ancora Advisors LLC, Ancora Capital Inc., Ancora
Securities Inc., the Ancora Mutual Funds and the Ancora
Foundation. In addition, Mr. Barone oversees or manages a
variety of investment strategies for the Group including the
investments for the Ancora Funds, selected clients and the
Group’s Hedge Fund, Merlin Partners.
Mr. Barone is the former Chief Executive Officer of Maxus
Investment Group which he founded in 1973. Maxus became one of
the oldest and largest privately held investment advisory and
securities brokerage firms in the Midwest before it was sold to
Fifth Third Bank in January, 2001. Since 1973, Mr. Barone has
managed a variety of proprietary mutual funds as well as the
investment portfolios for institutional clients and high net
worth individuals.
Mr. Barone’s leadership in the investment industry spans more
than 35 years. His performance and investment strategies have
received extensive coverage in such publications such as
Barron’s, The Wall Street Journal, Institutional Investor,
Forbes, and on national television and radio. He continues to
address audiences on a variety of investment topics.
Mr. Barone was born in 1942 and is a graduate of Georgetown
University with a degree in Economics. He has undertaken
extensive graduate studies and independent research at
Georgetown University, Northwestern University and Case Western
Reserve University. |
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