Dan Frishberg
Daniel Sholom Frishberg is an American businessman, who served in the U.S. Marine Corps for 3 years, beginning in 1962, and honorably discharged in 1968. He attended Fairlawn High School and New York University. He has written extensively and is the author of two book, “ESCAPE FROM THE HERD,” and “INVESTING WITHOUT BORDERS.” From 2005 through 2011, Frishberg appeared as a market commentator on CNBC, The Closing Bell, and on The Neil Cavuto Show, on Fox.
Daniel Frishberg | |
|---|---|
| Born | |
| Employer | Frishberg Media LLC |
| Title | Financial Advisor |
| Spouse(s) | Elisea |
| Children | 3 |
For the past 30 years, Frishberg has hosted the MoneyMan Report Radio program on a number of U.S. radio stations. The program presently originates in South Florida on Salem Broadcasting 880 THE BIZ, and globally on IHEART RADIO.
In 2001, Frishberg founded an asset management company, and registered with the SEC as Daniel Frishberg Financial Services, Inc. (DFFS) d/b/a Frishberg Jordan and Stewart Advisors. The company grew, over the following ten years to $300 million in assets under management and advising approximately $1 billion.
Daniel Frishberg also learned the crucial lesson that with fame comes a higher level of responsibility. In 2010, one of the officers of the company was accused of unlawful activity in issuing and offering 2 promissory notes to DFFS clients. In an administrative proceeding, the Commission alleged, in connection with the offering of the promissory notes by the officer, that Frishberg, as CEO, failed to properly supervise the officer who was accused of making false or misleading statements about the offerings. In doing that, the Commission alleged that Frishberg failed to ensure that complete and accurate information about the issuers’ finances was disclosed.
Without admitting or denying the findings, except as to the Commission’s jurisdiction over him and the subject matter of these proceedings and the findings, in 2011, he consented to the entry of the administrative order by the Commission barring him from activity as Registered Investment Advisor and barring him from further association.
Frishberg was not accused of making a false statement or of improperly taking money from anyone, and The Commission specifically did not request or require any disgorgement, though they did require disgorgement by the officer accused in this case.
During his first round of retirement in 2011, Frishberg saw a golden opportunity, based on his experience as a media pundit and commentator. He knew how much the media attention had contributed to his business success, and he realized he could make a difference for a limited number of potentially successful entrepreneurs and individuals, around the country, who were successfully serving their local communities. He realized some of them had the potential to stand out from the crowd and duplicate his success by skillfully capturing the attention of mainstream media.
As a media strategist and business coach, at Capitalist Media, LLC, he is now able to allow a small cadre of clients to capitalize on his contacts and experience, to expand their service and their own wealth by making their contribution on the national stage.
