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Sarasota Five Star award winner

PROFESSIONAL ACCOMPLISHMENTS

About Raul

An expert analyst and commentator on the economy, markets, and investing, Raul Elizalde is also a contributing columnist for Forbes.com. 

 

He is invited to speak to groups such as the London-based OMFIF (Official Monetary and Financial Institutions Forum -- an independent think tank for central banking, economic policy and public investment), and has been quoted in Fortune, U.S. News and World Report, the Boston Globe, The Wall Street Journal, The Washington Post, Financial Times, and The New York Times.

As the President and Chief Investment Officer for Path Financial, LLC, a Florida-registered, fee-only fiduciary investment advisory firm based in Sarasota, Florida, Raul manages client portfolios with a strong emphasis on minimizing exposure to risk.

A former Wall Street strategist, Raul has advised portfolio managers across the US and the globe, made presentations at the World Bank, and has appeared as a market commentator on television (Reuters and Bloomberg TV). Raul's Wall Street career spanned three decades, including positions as Global Fixed Income and Quantitative Strategist for ING Barings, Head of Research at Santander Investment Securities, and Fixed Income and Emerging Markets Strategist for Banc of America Securities. 

After moving to Florida with his family in 2008, Raul founded Path Financial, LLC, partnered with preferred account custodians Charles Schwab & Company and TD Ameritrade. He holds an MBA degree from University of California at Los Angeles, and an MS degree from University of Buenos Aires, Argentina. He holds a NASAA 66 Investment Advisor Representative license.

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*Winners appearing on this page do not pay a fee to be considered or to win the Five Star Award. Professionals with a digital profile have paid a promotional fee.
This award was issued on October 1, 2022 by Five Star Professional (FSP) for the time period October 1, 2022 through September 30, 2023. Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. Award winners may pay for marketing tools, including this advertisement. The award is based on 10 objective criteria. Eligibility criteria required: 1. Credentialed as a registered investment adviser or a registered investment adviser representative; 2. Actively licensed as a registered investment adviser or as a principal of a registered investment adviser firm for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by FSP, the wealth manager has not; A. Been subject to a regulatory action that resulted in a license being suspended or revoked, or payment of a fine; B. Had more than a total of three settled or pending complaints filed against them and/or a total of five settled, pending, dismissed or denied complaints with any regulatory authority or FSP's consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through FSP's consumer complaint process; feedback may not be representative of any one client's experience; C. Individually contributed to a financial settlement of a customer complaint; D. Filed for personal bankruptcy within the past 11 years; E. Been terminated from a financial services firm within the past 11 years; F. Been convicted of a felony); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients. Evaluation criteria considered: 6. One-year client retention rate; 7. Five-year client retention rate; 8. Non-institutional discretionary and/or non-discretionary client assets administered; 9. Number of client households served; 10. Education and professional designations. FSP does not evaluate quality of services provided to clients. The award is not indicative of the wealth manager's future performance. Wealth managers may or may not use discretion in their practice and therefore may not manage their clients? assets. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be construed as an endorsement of the wealth manager by FSP or this publication. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success, nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by FSP in the future. 603 Sarasota-area wealth managers were considered for the award; 67 (11% of candidates) were named 2022 Five Star Wealth Managers. 2021: 613 considered, 51 winners; 2020: 579 considered, 49 winners; 2019: 602 considered, 60 winners; 2018: 626 considered, 52 winners; 2017: 434 considered, 40 winners; 2016: 464 considered, 96 winners; 2015: 602 considered, 112 winners; 2014: 849 considered, 146 winners; 2013: 652 considered, 141 winners; 2012: 530 considered, 149 winners.