About Gary D. Halbert

Gary D. Halbert grew up in Lubbock, Texas, where he attended Texas Tech University and received his Bachelor of Science degree in 1974. From there he went to the American Graduate School of International Management ("Thunderbird") in Phoenix, Arizona where he received his Masters degree in late 1975.

Gary started his career with a nationwide commodities brokerage firm. During his early career, Gary noticed that many brokers and brokerage firms were more interested in generating fees and commissions for themselves than providing good advice to their clients. He realized that clients needed someone on their side of the table to help them evaluate the many investment opportunities available.

In 1984, Gary decided to leave the ranks of the big brokerage firms and, along with his wife Debi, founded ProFutures, Inc. Gary realized that many investors needed professional help, but he found that large account minimums required by many successful money managers were beyond the reach of most investors. So, in 1987, he and Debi organized the ProFutures Diversified Fund, a managed futures fund featuring multiple Advisors, deeply discounted fees and commissions and a minimum investment of only $10,000.

In the years that followed, ProFutures expanded its services within its original mission of matching client needs with suitable professional money managers. In addition to its futures funds, the firm organized a series of private hedge funds in equities and an offshore currency fund.

In 1995, Gary’s clients began asking for help with their more traditional investments, including mutual funds. Realizing that the principles that apply to selecting a traditional money manager are similar to those required when selecting a commodities trader, Gary formed ProFutures Capital Management, Inc., later to become Halbert Wealth Management, Inc. (HWM). HWM’s flagship service is ADVISORLINK®, an innovative program offering HWM’s clients access to active management strategies from third-party money managers with the goal of producing absolute returns.

In 2005, again responding to the needs of clients, HWM began offering the Absolute Return Portfolios, which feature a selection of primarily mutual funds that have historically generated absolute returns, though there are no guarantees of favorable future performance. Through a personalized investment management process, each prospective client is given investment recommendations based on a number of individual factors, including personal financial goals, stage of life, investment experience and risk tolerance, among others.