Fixed Income Research
Forbes Best-In-State, FL, 2019
Jewish Federation of South Palm Beach County, Vice President, Executive Committee & Board of Trustees; Jacobson Jewish Community Foundation of South Palm Beach County, Executive Committee & Board of Trustees; Governance Committee of the Foundation’s Professional Advisory Committee; Temple B’Nai Torah’s Foundation, Investment Committee Board Member; Greater Boca Raton Estate Planning Council. Member
Richard Steinberg is the Chief Market Strategist, Co-Chair of the Investment Division and a Principal of The Colony Group. He brings over 25 years of experience leading seasoned investment teams and developing customized investment strategies for private clients, corporations, foundations, retirement accounts, profit-sharing plans and pension accounts. He also analyzes and explains the markets as well as the ever-changing economic and political landscape for clients and the media.
Richard brings a passion for financial management excellence that is personal, cordial, and customized to his roles serving on Colony’s Executive Team and Investment Committee. His philosophy is simple: be available, be flexible, be dedicated and strive to be the best.
He is also a frequent guest on major business television channels and is often quoted in the national media outlets.
Richard co-founded Steinberg Global Asset Management, Ltd. in 1993 with his father, Norman Steinberg. The team they formed is reflective of their philosophy of consistency, experience, education, dedication, and excellence. It is these shared values that led them to merge with The Colony Group in May 2019.
Richard is a Chartered Financial Analyst and member of both the CFA Society of South Florida and the CFA Institute. His diverse background includes portfolio management and securities analysis. Richard is a graduate of Emory University Business School with an undergraduate degree in Finance and supplemental coursework at University College at Oxford University, England.
Richard serves as officer of the Jewish Federation of South Palm Beach County’s Executive Committee as well as its Board of Trustees. Richard has served as Chairman for the Jacobson Jewish Community Foundation of South Palm Beach County and now serves on its Executive Committee, Board of Trustees, and the Governance Committee of the Foundation’s Professional Advisory Committee. He is also a member of the Greater Boca Raton Estate Planning Council. Additionally, Richard serves on the investment committee of Bnai Torah Congregation’s Foundation.
Richard is currently enrolled in the Executive Education Program, Owner/ President Management (OPM), at Harvard Business School.
Richard enjoys spending the precious commodity of his free time devoted to his wife and two children and is an avid golfer and collector of fine wine.
Richard Steinberg, CFA, Chief Market Strategist for The Colony Group, participated in the CNBC Fed Survey published September 15, 2020, which represents the opinions of 37 of the nation’s money managers, investment strategists, and professional economists. His comments are below: The Fed has created overly risky behavior in the...
"Even if a stimulus deal is passed this month, the 'delay effect' on when aid reaches Americans could see economic indicators turn worse before improving," said Richard Steinberg in Business Insider.
"You're seeing some level of optimism, just because we've come way off the lows," says Richard Steinberg. "I don't think we're out of the woods yet."
Richard Steinberg explains why the $2 trillion stimulus bill is the metric to watch this week on Cheddar.
People are gripped with fear. We fear getting sick, losing our jobs, and watching our portfolios decline in value. That is a very understandable reaction to the crisis in which we currently find ourselves. Professional investors channel that fear into analysis. They analyze everything from economic growth, corporate earnings, virus reproduction rates, virus mitigation...
For our most recent update on the COVID-19, please read: What A Week, Really This Time Equity markets opened sharply down again this morning following President Trump’s address to the nation. The President’s speech underwhelmed investors, who were hoping for a bolder, more substantial policy response. Instead, as one of our...
As markets continue to react to coronavirus, Richard Steinberg weighs in on the strategy and psychology that investors should consider in this volatile market. His segment starts at the 3:05 minute-mark on CNBC.
By: Jason Blackwell, CFA, CAIA®, Chief Investment Strategist; Brian Katz, CFA, Chief Investment Officer; Richard Steinberg, CFA, Chief Market Strategist A review of October’s investment returns may cause you to believe that all of our worries went away – except that they didn’t. The so-called “Phase One” of a...
Richard Steinberg, Chief Market Strategist, gives his take on the markets going into 2019.
Richard Steinberg, Chief Market Strategist, joins the ‘Squawk Box’ team to discuss what to expect this week in the markets.
Richard Steinberg, Chief Market Strategist, joins the ‘Squawk Box’ team to discuss if the market is going to be impacted by the Trump agenda.
Richard Steinberg, Chief Market Strategist, provides his outlook on the markets amid a strong earnings season.
Richard Steinberg, Chief Market Strategist, weighs in on what’s prompting the shift in market momentum.