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Joe Terranova Net Worth
Joe Terranova is a Senior Managing Director at Virtus Investment Group. He also is a panelist on CNBC’s financial stock trading talk show. He is a graduate of St. John’s University and has received an honorary doctorate from Berklee College of Music. He was previously married to Abigail Spencer, and the couple has one son, who has since died of natural causes.
Joe Terranova is a Senior Managing Director for Virtus
Joe Terranova is the Chief Market Strategist at Virtus Investment Partners. He started with Virtus as a chief alternatives strategist and is now involved in the firm’s investment oversight function and serves as a client-facing thought leader. Joe is also responsible for the firm’s proprietary investment index, the Terranova US Quality Momentum Index, which aims to provide systematic exposure to US large-cap companies that reflect the firm’s investing principles.
Terranova is known for his strong risk management skills. His background includes 18 years with MBF Clearing Corp, where he rose to director of trading and managed more than 300 traders and support staff. This experience has given him insight into the multi-asset investment landscape in the United States. Futures magazine highlighted his work in a June 2004 article.
He is also passionate about charitable causes and is dedicated to helping children. He has helped create a foundation to help kids in Nassau County with special needs. In 2013, he expanded his charitable work by establishing the Courier of Courage program for children who have overcome difficult circumstances. He also supports other charities, such as the Islanders Children’s Foundation and Smile Train.
He is a frequent contributor on CNBC
Joe Terranova is a series regular on CNBC’s Fast Money. He is the Chief Market Strategist for Virtus Investment Partners, a $25 billion asset management firm. Before joining Virtus, Terranova spent eighteen years at MBF Clearing Corp., where he was responsible for the trading operations of more than 300 traders.
Fast Money airs live weekdays at 5p ET on CNBC. The show is produced by a team led by Jason Farkas and includes tape producers Heather Wilcox and Boaz Halaban. They are responsible for final delivery of the show and also create special Avid Adrenaline edited elements. The cast of Fast Money also includes Rich Uliasz, Cosimo Campreale, Karen Finerman, and Pete Najarian.
Terranova is an avid contributor to charitable causes. His South Nassau Rock charity organization provides special sports experiences for children. He also works closely with Nassau County to improve baseball fields. Joe has recently expanded his charitable work by creating the Courier of Courage program, which recognizes children who have overcome adversity. He also supports the Smile Train and the Islanders Children’s Foundation.
He is a graduate of the Peter J. Robins College of Business at St. John’s University
Terranova attended St. John’s University, where he studied international business and economics. He currently works in the financial services industry, where he is a member of the CNBC financial panel. He is also a frequent guest on Fox and CNN.