What Made ETFs Popular With Brookstone Capital Management [In-Depth]

ValueWalk's Raul Panganiban interviews Mark Diorio, CFA, CIO at Brookstone Capital Management.

Q4 2019 hedge fund letters, conferences and more

Interview with Brookstone Capital Management's Mark DiOrio


Hello podcast listeners. Today is a very special episode with Mark DiOrio, CFA. He is the Chief Investment Officer at Brookstone Capital Management. He started back in 2015 and leads the firm's investment committee and drives the investment framework portfolio construction and methodology. Mark is an experienced investor with nearly 20 years of experience. He received his MBA from Benedictine University, and his BA from Eastern Illinois University. In today's episode, we discuss his overall investment approach and why ETFs have exploded in popularity. I want to welcome mark to the show, and I want to welcome our listeners to a very special episode.

Hello, podcast listeners. This podcast is sponsored by the Hidden Value Stocks newsletter, publish once a quarter. The Hidden Value Stocks newsletter contains at least two interviews with up and coming hedge fund managers and their top two favourite investment ideas. Each newsletter subscriber not only receives a detailed investment thesis on each idea, but we will also provide direct access to the funds profile as well as their quarterly updates. We are proud to report that the average annualised return of all 60 stocks profile in Hidden Value Stocks since inception is 27.9% within average holding period of 319 days. To download a 10 page teaser issue or sign up for a five day free trial, head over to Podcast listeners can get 35% off the annual subscription price with the discount code VIP19.

Welcome to ValueTalk with Raul.

Just wanted to welcome our listeners to a very special episode I have Mark DiOrio CIO of Brookstone, Capital Management. And Mark, welcome to the show.

Great, thanks for having me.

All right. Yeah, if we can just begin with your background, and what led you to finance and investing?

Sure. Well, I went to get my MBA. And from there, I got a job as in where you start in investments, which is investment research. And then after a couple of years, figured out that if I want to be on the manage money side, or the buy side, really I wanted to move over and pursue my Chartered Financial Analysts or the CFA designation. So I went into that programme, and that that gets you recognise, usually within a firm and then I went over and went to the portfolio management side and went up the ladder from there. Join me Investment Committee where we set investment policy for a couple of companies that were combined companies, but their trust companies at the time, as well as a registered investment advisor. And this is going back to the mid 2000s, where we launched a global tactical asset allocation strategy implemented with ETFs. So it was fairly innovative at the time. And although it's not talked about now, back then that was actually somewhat of a popular strategy, getting more global exposure, maybe being a little bit more active with the asset allocation. And then from there, we had some success through the financial crisis. And we were able to launch a new boutique Investment Management subsidiary of a publicly traded regional bank holding company. Whereas the Chief Investment Officer for about five years before coming over to Brookstone Capital Management about five years ago as the Chief Investment Officer, but I would say two things Probably shaped or defined my career over the last 20 years. And these are major events, I guess, are major trends as the market is played out, which is one ETFs, exchange traded funds, and as those have grown, and being able to implement those from a portfolio context, and then also a number of crisis events that have occurred, really since 2000. Having multiple different experiences, managing money through that those events and also dealing with clients through that time.

Yeah, definitely. Yeah. And before we talk about those who just tell me about Brookstone, and what's your overall objectives in the firm?

Sure, Brookstone Capital Management is a registered investment advisor and we supervise and manage over $3 billion presently, and really, we're an investment or a turnkey investment platform. So I think the common name now is turnkey asset management platform or tamp. What separates with us a little bit is we're just not the operational or behind the scenes, we actually work actively with independent Investment Advisors. So really, we're an extension of their practice. So if they're out in the field, they can do what they do best in terms of gathering assets, explaining some of the investment concepts and helping them find the appropriate portfolio. But we also fill them with collateral material. And really our three guiding principles is to provide strategy leadership and enhance opportunity set and also collaboration. So we'll collaborate on either different individual cases, or overall, just be a sounding board and trying to find solutions for clients.


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email and we will get back to you as quick as humanly possible

Saved Articles

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

Congrats! Are you a smart person?

We have an exclusive targeted & limited time offer for being a sophisticated and loyal reader.

ValueWalkPremium is a website and newsletter on the latest industry news much of which is not in the public domain and obtained via our sources.

We also have 10 years of resources on how to use this information to better your investment process.

Sign up for  today and get our exclusive content for 40% off. This is our second biggest discount ever!!

Use coupon code VIP20 or click on the button below

Limited time offer only ENDS 4/30/2020 or after the next 40 subscribers take advantage whichever comes first – please do not share this discount with others