America’s Best TAMPs Showcase - Flipbook - Page 40
2026 AMERICA’S BEST TAMPS
TM
GREENROCK
RESEARCH
Kevin Malone
Founder
Greenrock Research
444 W Lake St, Ste 1700, Chicago, IL 60606
www.greenrockresearch.com
Established in 1996, Greenrock Research is a leading provider of
institutional-caliber investment research and portfolio management services
exclusively catering to the RIA community. We specialize in working with
firms nationwide, leveraging our expertise to act as their trusted outsourced
Chief Investment Officer (CIO) or as a valuable enhancement to their
existing investment team.
At Greenrock Research, we are committed to delivering unparalleled
investment insights and strategies that empower our clients to achieve their
financial objectives. With a deep understanding of the unique needs and
challenges faced by RIAs, we have honed our approach to provide tailored
solutions that align with their specific goals and investment philosophies.
Kevin founded Greenrock
Research because he believed
that the RIA community could
provide even more thoughtful
and intelligent investment
solutions to their clients with
the assistance of tailored,
state-of the-economy research.
The most esteemed company
providing research to RIA’s
today, Greenrock works behind
the scenes to optimize portfolios
and strengthen their clients’
strategies.
Kevin’s drive to deliver creative
research solutions began when
he successfully created and
grew the pension consulting
group at Paine Webber into one
of the premier pension consulting
firms for middle market funds.
The desire to start his own firm
consequently led him to found
McBryan, Malone and Russell,
an investment management
firm specializing in option
strategies, where he directed
marketing and fine-tuned
investment strategy. Following
a brief tenure at Alliance Capital
Management, Kevin once
again followed his passion
for providing in-depth and
innovative research by founding
Greenrock Research in 1996.
Kevin has served as Chairman
of the Loras College Board of
Regents and of CURE (Citizens
United for Research in Epilepsy),
and as a board member for
Epilepsy Therapy Project and
St. Ignatius College Prep. Not
one to leave his passion at the
office, Kevin is also an avid
cyclist and cook.
As an outsourced CIO, we serve as a strategic partner to RIAs, offering
comprehensive investment management solutions. Our seasoned team of
investment professionals works closely with clients to develop customized
investment strategies, asset allocation models, and risk management
frameworks. We provide ongoing portfolio monitoring, performance
analysis, and regular reporting to ensure optimal outcomes.
Market Outlook
Today the domestic large cap equity market is priced at all-time highs. The
Price to Sales Ratio of the S&P 500 today is 3.45. History shows us that
last year was the first time this index ever reached 3.0. It was not that high
in 1999 or 1929, and both of these periods saw significant declines from
those valuation peaks for long periods. We have an equities strategy that
historically has performed well in periods of correction. Those reliant on the
S&P will suffer when corrections hit. Our model has outperformed in the
long-term and stood strong when the S&P declines.
The domestic bond market looks frightful today as well. While 2025 showed
attractive bond returns with the US Aggregate Bond Index up 7.3% it has
been a while since that has happened. We have not owned bonds for 6
years because when rates got low during the pandemic, we eliminated
bonds from our portfolios. During the period (the last year)when bonds were
up 7.3% our bond substitute was up 9.5%, a healthy premium to bonds.
Now you can only do that if you have a substitute with similar volatility and
drawdown characteristics. We do have such a solution and have been using
it for over 20 years, most of that time in conjunction with bonds. Over the
last 5 years the US Aggregate Bond Index has compounded at negative
0.36% while our portfolios with similar volatility have compounded at
4.37%. Will the bond returns of 2025 continue or will rates rise and revert
to the negligible returns of the 2020 to 2025 period? Another unanswerable
question, but why take the risk? We believe our bond substitute will
continue to provide higher returns in positive return years and real
protection when bonds do not offer positive returns.
Investors today face very interesting questions, and we have compelling
answers. Reach out and let’s have a conversation. Your clients will thank you.
STR AT E G I C F E AT U R E S
ACCOUNT AGGREGATION
MARKETING SUPPORT
ACCOUNT REBALANCING
RESEARCH & DUE DILIGENCE
ALTERNATIVE INVESTMENTS
RISK MANAGEMENT TOOLS
CUSTODIAN AGNOSTIC
TAX-LOSS HARVESTING
CUSTOMIZED PORTFOLIOS
UNIFIED OR SMART BILLING
PRODUCTIVITY
40
New business contacts:
Brendan Malone, Business
Development
Phone: (312) 463-1304
Email: brendanm@
greenrockresearch.com
Website: greenrockresearch.com
Dave McGahay, Research
Website: greenrockresearch.com
Total assets in program:
$1,000,000,000
Year program began: 1994
Managers on platform
vetted: Yes
Managers GIPS®
compliant: Yes
Types of products
available: Equities, Fixed
Income, Alternatives, Private
Investments, Crypto
Platform tracks client
holdings: Yes
Optimized for tax trading
efficiency: Yes
Sleeve-level reporting: Yes
