Advisor Perspectives, a leading publisher and ranked as the #1 eNewsletter for financial advisors by Erdos & Morgan “FAMOUS” Study in 2019, 2020, and 2021, has announced its Venerated Voices™ awards for commentaries published in 2021. Rankings were issued in four categories: The Top 25 Venerated Voices™ by Firm and Author, the Top 10 Venerated Voices™ by Commentary, and a The Top 25 Venerated Voices™ by Firm and Author by Count.
The first three categories require a minimum of four posts annually and the fourth requires 12 posts.
The most popular topics in 2021 among all commentaries were related to broad market trends, including equity valuations, the risk of a recession and housing prices.
Leading the Top 25 Venerated Voices™ by Firm category was Hussman Funds of Maryland, followed by Mauldin Economics of Dallas. In third place was GMO of Boston.
Among individual commentators, the most-widely read was Ben Inker of GMO. In second place was John Hussman of Hussman Funds followed by John Mauldin of Mauldin Economics in third place.
The most-widely read commentary of 2021, published on April 29, was Bitcoin Is An Ecological And Monetary Disaster And It Happens To Be Worth Zero. by James Rasteh of Coast Capital. Ratesh detailed reasons why Bitcoin is a worthless form of currency. Some reasons include its volatility, fraudulent activity, its severely negative econological impact, and its concentration risk. A great quote from Ratesh:
The problem is that currencies need to be stable to be usable – and Bitcoin is over 10,000 times more volatile than any western currency. When presented with this fact in a recent interview, Mr. Saylor retorted that ‘volatility is vitality’2 - which may be the most absurd claim in the history of finance. You might as well say death is breath…
When Is The Next Bear Market? 3-Things Will Tell You took second place and was written by Lance Roberts at Real Investment Advice and published on August 20. His piece described his top three items that predict bear markets and recessions “with some accuracy.” In addition to those three indicators, a catalyst is necessary to cause a change in sentiment. Roberts claimed these indicators are the yield curve, Fed rate hikes, and the Fed taper.
In third place was The Housing Market is Running on Fumes, by Arturo Neto of The Outsourced Chief Investment Officer, published on March 31. Neto described the major issues surrounding the housing market, not least of which was supply constraint. Low supply and high demand lead to growing prices, partially spurred by the COVID pandemic, which forced many to work from home. Other concerns include rising interest rates, low affordability, and building starts.
Advisor Perspectives’ website attracts over 190,000 unique visitors per month, virtually all financial advisors serving high- and ultra-high net worth individuals. The company publishes economic and market commentaries submitted by fund companies, advisors and independent research firms. In 2021, over 1,600 such commentaries were published and made available through a daily newsletter, Research Perspectives, which the company emails to its subscribers.
Venerated Voices™ rankings were determined by the number of unique readers of each commentary, using data provided electronically by the third-party web analytics service Google Analytics. The data were normalized using the average score per month or quarter (in the case of annual rankings). For the annual awards for the firm and author, a minimum of three commentaries must have been submitted during the year. Any participant is eligible to receive a quarterly award. Each firm and author is assigned a relative score based on unique pageviews, with a score of 100 equal to average quarterly readership.
Advisor Perspectives was founded in 2007 and is based in Lexington, Massachusetts. In addition to Research Perspectives, it publishes a widely read weekly newsletter, Advisor Perspectives, which contains original articles on the markets, the economy and practice management.
Advisor Perspectives will continue providing quarterly updates to its rankings, as well as issuing annual Venerated Voices™ awards.
The Top 10 Venerated Voices™ by Commentary
The Top 25 Venerated Voices™ by Firm
|
Rank
|
Firm
|
Score
|
|
1
|
Coast Capital
|
11318
|
|
2
|
Hussman Funds
|
595
|
|
3
|
Oaktree Capital Management
|
521
|
|
4
|
The Outsourced Chief Investment Officer
|
454
|
|
5
|
Mauldin Economics
|
369
|
|
6
|
GMO
|
278
|
|
7
|
Real Investment Advice
|
273
|
|
8
|
Pring Turner Capital Group
|
271
|
|
9
|
Richard Bernstein Advisors
|
256
|
|
10
|
ReSolve Asset Management
|
238
|
|
11
|
Acheron Insights
|
195
|
|
12
|
Sitka Pacific Capital Management
|
192
|
|
13
|
Research Affiliates
|
176
|
|
14
|
Evensky & Katz / Foldes Financial Wealth Management
|
156
|
|
15
|
Lansing Street Advisors
|
149
|
|
16
|
Muhlenkamp & Company
|
144
|
|
17
|
Charles Schwab
|
137
|
|
18
|
Absolute Return Partners
|
132
|
|
19
|
WisdomTree
|
131
|
|
20
|
Macro Tides
|
129
|
|
21
|
Columbia Threadneedle Investments
|
122
|
|
22
|
Halbert Wealth Management
|
114
|
|
23
|
Altruist
|
112
|
|
24
|
U.S. Global Investors
|
106
|
|
25
|
FAST Graphs
|
105
|
The Top 25 Venerated Voices™ by Firm (minimum three posts per quarter)
|
Rank
|
Firm
|
Score
|
|
|
1
|
Hussman Funds
|
595
|
|
|
2
|
Mauldin Economics
|
369
|
|
|
3
|
GMO
|
278
|
|
|
4
|
Real Investment Advice
|
273
|
|
|
5
|
Research Affiliates
|
176
|
|
|
6
|
Charles Schwab
|
137
|
|
|
7
|
Halbert Wealth Management
|
114
|
|
|
8
|
U.S. Global Investors
|
106
|
|
|
9
|
Knowledge Leaders Capital
|
78
|
|
|
10
|
F.A.S.T. Graphs
|
77
|
|
|
11
|
Guggenheim Investments
|
64
|
|
|
12
|
BlackRock
|
59
|
|
|
13
|
Russell Investments
|
55
|
|
|
14
|
Smead Capital Management
|
55
|
|
|
15
|
Project Syndicate
|
47
|
|
|
16
|
Matthews Asia
|
45
|
|
|
17
|
Franklin Templeton Investments
|
44
|
|
|
18
|
PIMCO
|
44
|
|
|
19
|
First Trust Advisors
|
43
|
|
|
20
|
Commonwealth Financial Network
|
43
|
|
|
21
|
AllianceBernstein
|
34
|
|
|
22
|
Loomis, Sayles & Co.
|
31
|
|
|
23
|
Osterweis Capital Management
|
28
|
|
|
24
|
Raymond James
|
27
|
|
|
25
|
Northern Trust
|
27
|
|
The Top 25 Venerated Voices™ by Author
|
Rank
|
Author
|
Firm
|
Score
|
|
1
|
James Rasteh
|
Coast Capital
|
11318
|
|
2
|
Jeremy Grantham
|
GMO
|
997
|
|
3
|
John Hussman
|
Hussman Funds
|
634
|
|
4
|
Alex Pickard
|
Research Affiliates
|
546
|
|
5
|
Howard Marks
|
Oaktree Capital Management
|
521
|
|
6
|
James Montier, Philip Pilkington
|
GMO
|
515
|
|
7
|
Corey Hoffstein of Newfound Research, Rodrigo Gordillo, Adam Butler
|
ReSolve Asset Management
|
459
|
|
8
|
Arturo Neto
|
The Outsourced Chief Investment Officer
|
454
|
|
9
|
Ben Inker
|
GMO
|
425
|
|
10
|
Dan Suzuki
|
Richard Bernstein Advisors
|
419
|
|
11
|
John Mauldin
|
Mauldin Economics
|
374
|
|
12
|
Robert Arnott, Campbell Harvey, Vitali Kalesnik, Juhani Linnainmaa
|
Research Affiliates
|
372
|
|
13
|
Rob Arnott, John West
|
Research Affiliates
|
365
|
|
14
|
Ben Inker, John Thorndike
|
GMO
|
354
|
|
15
|
Yaqub Ahmed
|
Franklin Templeton Investments
|
334
|
|
16
|
Jason Wenk
|
Altruist
|
306
|
|
17
|
Lance Roberts
|
Real Investment Advice
|
273
|
|
18
|
Martin Pring
|
Pring Turner Capital Group
|
271
|
|
19
|
Richard Bernstein
|
Richard Bernstein Advisors
|
265
|
|
20
|
Liz Ann Sonders, Jeffrey Kleintop, Kathy Jones
|
Charles Schwab
|
247
|
|
21
|
Liz Ann Sonders, Kevin Gordon
|
Charles Schwab
|
236
|
|
22
|
Jim Jornlin
|
Russell Investments
|
223
|
|
23
|
Ken Haman
|
AllianceBernstein
|
219
|
|
24
|
Specialist Investment Managers
|
Franklin Templeton Investments
|
199
|
|
25
|
Yishan Cao, Geraldine Sundstrom
|
PIMCO
|
197
|
The Top 25 Venerated Voices™ by Author (minimum three posts per quarter)
|
Rank
|
Author
|
Firm
|
Score
|
|
1
|
John Hussman
|
Hussman Funds
|
634
|
|
2
|
John Mauldin
|
Mauldin Economics
|
374
|
|
3
|
Lance Roberts
|
Real Investment Advice
|
273
|
|
4
|
Liz Ann Sonders
|
Charles Schwab
|
149
|
|
5
|
Chuck Carnivale
|
F.A.S.T. Graphs
|
118
|
|
7
|
Gary Halbert
|
Halbert Wealth Management
|
114
|
|
8
|
Frank Holmes
|
U.S. Global Investors
|
107
|
|
9
|
Jeffrey Kleintop
|
Charles Schwab
|
100
|
|
10
|
Team
|
AllianceBernstein
|
78
|
|
11
|
Chuck Carnevale
|
F.A.S.T. Graphs
|
69
|
|
12
|
Nouriel Roubini
|
Project Syndicate
|
52
|
|
13
|
Mohamed El-Erian
|
Project Syndicate
|
52
|
|
14
|
Bill Smead
|
Smead Capital Management
|
51
|
|
15
|
Cole Smead
|
Smead Capital Management
|
49
|
|
16
|
Bryce Coward
|
Knowledge Leaders Capital
|
49
|
|
17
|
Kenneth Rogoff
|
Project Syndicate
|
48
|
|
18
|
Brad McMillan
|
Commonwealth Financial Network
|
43
|
|
19
|
Brian Wesbury, Robert Stein
|
First Trust Advisors
|
43
|
|
20
|
Carl Tannenbaum, Ryan Boyle, Vaibhav Tandon
|
Northern Trust
|
32
|
|
21
|
Scott Brown
|
Raymond James
|
29
|
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