Background

Byron Cartozian is a Certified Financial Planner and true industry veteran who has been in research and sales for over thirty years on behalf of such firms as Bloomberg, Credit Suisse, Citibank and Bear Stearns. During this time he has also done graduate work in Taxation, Business Management and Real Estate, developed a market timing system for mutual funds and lectured extensively as Vice President of Portfolio Management for Lexington Capital Advisors.

Cartozian's most recent experience has been as program manager for the Investment Management Institute (IMI) hosting and moderating forums and roundtables for institutional investors and their advisers.

As a result of these meetings, it became clear to Cartozian that the individual investor is facing bigger troubles than weak markets. Retirement, as we knew it, is no longer the reward for loyalty and a lifetime of work. Even the defined contribution plans that offered employer matches are evaporating.

It has also become increasingly evident that endowments and foundations will no longer be able to subsidize college tuitions and health care expenses as they have in the past. This all generates increased liabilities for the rest of society.