CNBC Contributor & Managing Principal
ButcherJoseph Asset Management
Kenny Polcari is a Managing Principal at Butcher Joseph Asset Management - an investment advisor providing successful individuals and families with tools and strategies to help them achieve the most from their wealth.
He came to Wall Street as a summer intern on the New York Stock Exchange during the summers of '80, '81 & '82 and upon graduation moved from Boston, Mass. to New York City where he began his career on the trading floor. It is also where he met his wife who was the first Hispanic female floor broker in the history of the institution. He became a member of the New York Stock Exchange in August 1985 and remained a member for 38 years representing the interests of institutional asset managers that needed to access global equity markets.
Earlier in his career, Kenny served as managing director at Icap Corps, LLC and was charged with building out the US equity trading division prior to that was senior vice president, member New York Stock Exchange and division manager with Salomon Brothers directing their NYSE Division during the heady bull market of the 1990's.
His 30 years of experience has taken him from the birth of the greatest bull market, to the crash of '87, the roaring '90's, the .com implosion, decimalization, 9/11, Regulation NMS, the merger between the NYSE / ARCA, then NYSE/Euronext, then NYSE/ICE, automation, HFT, and fragmentation. He is experienced in speaking about NYSE history, rules & regulation, former & current market structure including internalization, HFT and fragmentation and how those changes have forever changed the face of the U.S. capital markets and what that means to the investor. He writes a daily "Morning Thoughts" missive which looks at global markets and provides insight into the day's action. He is a board member of NOIP (National Organization of Investment Professionals) and a board member of the Headstrong Project – a Veterans philanthropic organization helping our 911 combat veterans suffering from PTS. He holds the series 7, 24, 27, 55, 63 & 65 registrations.
You can follow him on Twitter @kennypolcari and visit him at kennypolcari.com