Ed Butowsky

Ed W. Butowsky
Born Edward Wayne Butowsky
(1962-02-12) February 12, 1962
Education University of Texas
Occupation Financial advisor
Years active 1987–present

Edward "Ed" Wayne Butowsky (born February 12, 1962) is an American financial adviser and Fox Business Network commentator who gained notoriety for his connection with Seth Rich.[1][2][3]

Early life and education

Butowsky was born in 1962 and raised in Laurel, Maryland and Chappaqua, New York. His father was David Butowsky, chief enforcement officer for the U.S. Securities and Exchange Commission.[4] In the early 1980s, he attended the University of Texas.[1] Early versions of his firm's website and his Bloomberg profile claim he received a BA in marketing,[5][6] but the university has stated that while he attended the school from 1982-1985, they cannot find a record that he graduated. [7]

Career

Butowsky started his financial career with Morgan Stanley, working there for 18 years, from 1987 to 2002. At Morgan Stanley, he ran the high-net-worth group in the Southwest and became senior vice president in private wealth management. He founded the private wealth management firm Chapwood Investments in 2005.[8] He is currently a managing partner in Chapwood Capital Investment Management[6] and created the Chapwood Index, which intends to be a true cost of living increase index. Butowsky's investment house conducted a report on bankruptcy among professional athletes in 2010. By 2013, he was managing investments for a hundred professional athletes.[9] Butowsky also provided investment advice for actor Columbus Short.[10] Butowsky started the celebrity and athlete investor group Clubhouse Investment Club with professional baseball player Torii Hunter.[11] Butowsky was also a managing director at Bear Stearns.[6]

Butowsky founded the 1940 Act fund Paramount Access Advisors for hedge funds in 2012.[8] In 2015, Butowsky provided pro bono financial advice for an Indiana pizzeria that received $842,000 in crowdfunded donations after refusing to cater a same-sex wedding.[12]

A staunch Donald Trump supporter,[13] Butowsky also writes articles for Breitbart News, TheBlaze,[14] and also contributed to ESPN films and documentaries.[15]

Butowsky hired private investigator Rod Wheeler to investigate the murder of Seth Rich in February 2017. Wheeler later sued Fox News and alleged in the suit that Butowsky and Fox News fabricated the story of the deceased DNC employee to deflect public attention from the possible Russian government's involvement in the DNC hack.[1][16]

Personal life

Butowsky lives in Plano, Texas, with his wife and two children.[17]

References

  1. 1 2 3 Folkenflik, David (August 1, 2017). "Behind Fox News' Baseless Seth Rich Story: The Untold Tale". NPR.
  2. ↑ Bump, Philip. "A timeline of the explosive lawsuit alleging a White House link in the Seth Rich conspiracy". Washington Post. Retrieved 1 August 2017.
  3. ↑ Bernstein, Joseph (24 May 2017). "The Man Behind The Seth Rich Private Investigation Has A White House Connection". BuzzFeed News. Retrieved 1 August 2017.
  4. ↑ Chiaramonte, Perry (August 17, 2015). "Cuba thaw could bring answers to mystery of fugitive financier". Fox News.
  5. ↑ https://web.archive.org/web/20081005130236/http://www.chapwoodinvestments.com/AboutUs/EdButowsky/EdButowsky.html
  6. 1 2 3 "Ed Butowsky : Executive Profile & Biography". Bloomberg. Retrieved August 1, 2017.
  7. ↑ https://www.npr.org/2017/08/16/543830392/the-role-of-ed-butowsky-in-advancing-retracted-seth-rich-story
  8. 1 2 Campbell, Mary (April 30, 2012). "Q&A: Ed Butowsky Gears Up To Launch Fund Of Hedge Funds". FINalternatives.
  9. ↑ Austen, Ben (April 23, 2013). "The MBA Program for Retired NFL Players". GQ.
  10. ↑ "Columbus Short -- I'm DONE With Binge Drinking". TMZ. July 12, 2014.
  11. ↑ Grayson, Katharine (February 27, 2015). "Group launched by Torii Hunter invests in Minneapolis startup iMyne". Minneapolis/St. Paul Business Journal.
  12. ↑ Parvini, Sarah (April 4, 2015). "Fundraiser ends for pizzeria that won't cater gay weddings, raises $842K". Los Angeles Times.
  13. ↑ https://www.dallasnews.com/news/courts/2018/03/15/dallas-financier-caused-seth-richs-parents-emotional-distress-role-false-story-afterslaying-lawsuit-says
  14. ↑ Butowsky, Ed (April 16, 2015). "The United States of Taxflation". TheBlaze.
  15. ↑ Barron, David (January 22, 2014). "Vince Young joins many ex-NFL players who see bankruptcy". Houston Chronicle.
  16. ↑ "Who is Rod Wheeler? Detective behind Seth Rich conspiracy theory sues Fox News for creating "fake news"". Fast Company. 2017-08-01. Retrieved 2018-04-04.
  17. ↑ Iacurci, Greg (February 14, 2016). "Serving famous athletes and entertainers poses unique challenges for advisers". InvestmentNews.
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