The Wealth Creation Myth
The Wealth Creation Myth-what they know, and you don't, is the third book from author and wealth management veteran, Ed Moldaver. The book explores the wealth creation and preservation landscape in a way that no other book has. Ed's multi decade career provides the foundation to understand the 3 basic pillars of the wealth management industry, what works, what doesn't, and why. Ed is consistently one of the highest ranked advisors in the United States.
About The Author
Ed MoldaverManaging Director, Founding Partner of The Moldaver Lee GroupPrivate Wealth AdvisorEd has over 30 years of extensive experience advising and managing high-net-worth families, entrepreneurs, and middle-market business owners. Ed is an entrepreneur at heart. By 2012, Ed built one of the top Wealth Management businesses and teams in New Jersey and USA. That year, in a Barron's article titled "America's Best", Ed was ranked as the #1 Financial Advisor in NJ out of potential pool of 50,000. Currently, Ed is a Managing Director at one of the most storied offices of the century, with over $100B under management. Ed spent most of his career as a Senior Managing Director at Bear Stearns Private Client Services, and a Managing Director at Morgan Stanley Wealth Management, Managing Director @ Barclays / Stifel ultra-high net worth unit. Most of Ed's clients are successful business owners that have, or at any time can, monetize their business. Ed and his team-through the group's multi-family office infrastructure-do all the planning prior and after that event.Ed immigrated to the United States in 1978 from Kiev, Ukraine (former Soviet Union). He began his career in finance as a runner in the New York Mercantile commodities pits at the World Trade Center, a job that he held while attending college. Over the past 10 years Ed has appeared on Forbes and Barron's Top Advisor Ranking lists.*When participated, Ed was: Barron's Top 100 Financial Advisors in America in 2020 (No. 28), 2019 (No. 19), 2018 (No. 29), 2017 (No. 30), and 2012 (No. 86)Barron's America's Top 1,200 Advisors in 2020 (No. 8 New York), 2019 (No. 8 New York)Forbes America's Top Wealth Advisors in 2019 (No. 34), 2018 (No. 41)Forbes Best-In-State Wealth Advisors in 2020 (No. 7), 2019 (No. 7), 2018 (No. 15)Ed has also contributed to and been featured in The Wall Street Journal, Barron's, Fox Business, Crain's New York Business, Yahoo Financial, and dozens of other national publications and media outlets.In 2019 Barron's did a follow up piece on Ed in an Article titled "Ed Moldaver-The American Dream".Ed earned a Bachelor of Science degree from Widener University. He also holds a Certified Portfolio Manager designation from The Fu Foundation School of Engineering and Applied Science at Columbia University and has served as a board member of the Academy of Certified Portfolio Managers(R) (ACPM(R)) at Columbia University. Ed is a member of the prestigious Economic Club of New York, and Tiger 21. Ed has authored two books, "Logical Investing" and "Logical Investing: The Fluff, The Bark & The Bite."As a community leader, Ed serves as a member of the Board of Trustees of the Guardian Angels and was awarded the Cyber Angel of the Year Internet Safety Award by Mayor Bloomberg. Ed is a staunch supporter of the Police Athletic League in New York City and a former Partner in Education with the New York City Public School System's mentoring program. He's supported and volunteered his time with dozens of non-profits and various community activities in his former hometown of Colts Neck, New Jersey. He now lives in Rumson, NJ with his wife and their three children.