Potomac Fund Management, Inc. (“Potomac”), a boutique investment strategist, is pleased to announce that Daniel Russo, CMT, has joined the team as portfolio manager. Russo is the first external investment management-oriented hire the firm has ever made, a testament to the rapid growth and evolution that Potomac has been experiencing.
Russo hails from Chaikin Analytics, where he was Chief Market Strategist. He previously held senior investment advisory roles at Needham & Company, and Susquehanna International Group. Along with Khatta, he will drive investment strategy and portfolio management for Potomac.
Now at ten team members and closing in on our Q2 goal of the half-billion AUM/AUA mark, Potomac’s team is growing almost as rapidly as Khatta’s own family, who added their fourth child, baby girl Makshi, to the squad earlier this year.
“The challenge for us now is to maintain our commitment to all of the advisors we serve, as we continue to accelerate at a blazing pace,” said Manish Khatta, President and CIO, Potomac. “Dan brings not only a brilliant analytical mind but is a strong communicator who can put his words into action. This is the next evolution of transparent asset management.”
“I’ve been following Manish on social media for a while now, and I appreciate his candor, his wisdom and his commitment to helping advisors,” said Dan Russo, Portfolio Manager, Potomac. “Potomac is unafraid to push themselves, to try new things, and they walk the walk. I am excited to join this team and to help build us into a powerhouse.”
In addition to adding Russo, Potomac keeps pushing itself to innovate and disrupt, having recently launched a slew of new video podcasts, marketing initiatives, and a “build in public” transparent approach to growing their business. Russo is now one among a team of ten high-energy, fully engaged, awesome team members that call Potomac home.
Khatta concludes: “Talk is cheap. Life is short. Love what you do. I am proud of this team and what we’re achieving every day. Growth is good. Growth also tests you and surfaces new challenges – with Dan on the team, I am more confident that we will rise to meet these challenges head-on, and we will crush them.”
Potomac believes that the future of asset management is brutal transparency. There is a new breed of asset managers who are loud and proud. Tell them how you do it, why you do it, and then tell them again. Build in public honestly and transparently – work with clients and a team that inspires you.
Headquartered in Miami, Florida, Potomac Fund Management (“Potomac”) is a boutique investment strategist for financial advisors. With strategies available on numerous platforms including Envestnet, SMArtX, and the Union UMA platform, Potomac supports advisors with the resources best suited for their individual businesses. Each avenue is built on Potomac’s core belief that financial success is about more than hitting a number twenty years into the future; it is about feeling confident as you get there.