Ed Butowsky
Introduction
Edward "Ed" Wayne Butowsky (born February 12, 1962) is a Dallas, Texas-based financial adviser and frequent Fox Business Network commentator who gained additional notoriety in connection with Seth Rich.
Early life and education
Butowsky was born in 1962 in Chappaqua, New York. His father was David Butowsky, chief enforcement officer for the U.S. Securities and Exchange Commission. In the early 1980s, he attended the University of Texas. Early versions of his firm's website and his Bloomberg profile claim he received a BA in marketing, but the university has stated that while he attended the school from 1982-1985, they cannot find a record that he graduated.
Career
Butowski started his financial career with Morgan Stanley, working there for 18 years, from 1987 to 2002. At Morgan Stanley, he ran the high-net-worth group in the Southwest and became senior vice president in private wealth management. He founded the private wealth management firm Chapwood Investments in 2005. He is currently a managing partner in Chapwood Capital Investment Management and created the Chapwood Index, which intends to be a true cost of living increase index. Butowsky's investment house conducted a report on bankruptcy among professional athletes in 2010. By 2013, he was managing investments for a hundred professional athletes. Butowsky also provided investment advice for actor Columbus Short. Butowsky started the celebrity and athlete investor group Clubhouse Investment Club with professional baseball player Torii Hunter. Butowsky was also a managing director at Bear Stearns.
Butowsky founded the 1940 Act fund Paramount Access Advisors for hedge funds in 2012. In 2015, Butowsky provided pro bono financial advice for an Indiana pizzeria that received $842,000 in crowdfunded donations after refusing to cater a same-sex wedding.
A staunch Donald Trump supporter, Butowsky also writes articles for Breitbart News, TheBlaze, and also contributed to ESPN films and documentaries.
Butowsky hired private investigator Ron Wheeler to investigate the murder of Seth Rich in February 2017. Wheeler's lawsuit alleges that Butowsky and Fox News created this story to deflect public attention from the possible Russian government's involvement in the DNC hack.
Personal life
Butowsky lives in Plano, Texas, with his wife and two children. He is friends with film director Peter Berg and golfer Sergio García.