Thomas Jong Lee, better known as Tom Lee, is a businessman, financial analyst, and full-time CNBC contributor.
Thomas has over 20 years of experience in equities research and macroeconomic markets. He worked as J.P. Morgan Chase & Co.’s Chief Equity Strategist from 2007 to 2014 before helping to co-found the independent strategy research firm “Fundstrat Global Advisors.”
And before that, he worked as a small-cap equity strategist as well as a highly renowned telecoms equity research analyst (2004-2010). His strategy includes a detailed analysis of historical fundamentals, dependence on credit and cross-leading market signs, as well as market-based opinions driven by positioning and mood. His clients view his work as unique.
Tom Lee Fundstrat Net Worth
Tom Lee’s net worth has not been revealed till now, but since he earns more than $3 million annually, his net worth must be worth millions.
Early in the 1990s, Lee began working with Kidder, Peabody & Company, and Salomon Smith Barney. He started working for J.P. Morgan Chase & Co. in 1999 as the chief equity strategist. Lee’s research was criticized while he was at J.P. Morgan.
In 2014, Lee quit J.P. Morgan to create “Fundstrat Global Advisors,” a boutique advisory company specializing in research. Tom presently holds the position of Head of Research for Fundstrat Global Advisors and works as an advisor to the wealth management company NewEdge Wealth in Connecticut.
Fundstrat is an independent research boutique, which provides market strategy and industry analysis. Their distinct strategy is supported by a solid plan. In other words, their research methodology blends top-down strategy with bottom-up fundamental perspectives to provide a roadmap of realistic and helpful investing insights for their clients.
He has over 25 years of expertise as an experienced Wall Street strategist and has been ranked first by Institutional Investor every year since 1998. His specialties include telecom services, small- and mid-cap strategy, and market strategy.
Salary – How Much Does Tom Lee Make A Year?
Tom Lee’s current projected yearly income is estimated to be around $3.5 million.
His business currently employs 24 people, and his expected revenue per employee is around $147,000. Investors perceived his career-long concentration on technology and cellular firms as highly fundamental and unorthodox. According to the idea that outcomes were more dependent on capital efficiency than investor perception, he found numerous significant shifts in that industry.
His support for reorg investing in the early 2000s is one historical example of this strategy. Since the advancement in these fields resembles a revival of the industrial and technical revolution, he has recently turned his attention to cryptocurrencies and blockchain technology.
Throughout his career, he has also garnered a lot of accolades and awards. He has received the highest ranking from Institutional Investor (II), and from 1998 to 2013, he consistently placed first, second, or third.
Lee has been featured in numerous articles in the national press, including the Wall Street Journal cover story. The media has reported Lee as being the first significant Wall Street Strategist to provide his customers with formal research coverage of Bitcoin. Among others, he has made appearances on CNBC, Bloomberg, Fox Business, Yahoo Finance, and CNN.
Tom Lee Early Life & Family
Lee is the third of four siblings born to Korean immigrants in Westland, Michigan.
His mother used to be a housewife who now owns a Subway restaurant, and his father is a retired psychiatrist. Lee earned his BSE with a focus on finance and accounting from the Wharton School at the University of Pennsylvania.
Moreover, Tom holds the CFA charter and participates actively in NYSSA and the NY Economic Club. Not much is known about his personal life as Tom hasn’t named any of his relationships till now.
So, it’s unclear whether he’s married or dating someone. We even looked through his Instagram page, but couldn’t find any pictures of him with a potential girlfriend. The analyst has decided to live as privately as he can.