Biography
Carl Friedrich, CFA, joined FCE Group in 2014, and serves as senior managing director. He has an extensive background in portfolio management and client advisory services, having previously served as chief investment officer of Piermont Group. He helped launch the Equities Relative Value Team at Goldman Sachs, where he advised and traded for hedge fund clients from 2001 to 2009. Earlier in his career, Friedrich also worked as a derivatives trader and investment banking analyst. He holds an MBA from the Kelley School of Business at Indiana University and a bachelor of science in Economics from the Wharton School at the University of Pennsylvania. Friedrich is a CFA charterholder, Financial Risk Manager (FRM), Enrolled Agent (EA), and Certified Financial Planner (CFP).
Is the standard for calculating a retirement portfolio's maximum withdrawal rate all wrong?