Ramsey Smith
Ramsey Smith is a notable entrepreneur and founder of ALEX.fyi, a platform for retirement income solutions. With more than 25 years of experience on Wall Street, he is a true believer in the importance of education when it comes to empowering consumers. Prior to establishing ALEX.fyi, Smith served as managing director at Goldman Sachs for 21 years. As a serial intrapreneur, Smith pioneered and led multiple equity derivative businesses. In the life insurance field, he developed a franchise that provided corporate-level risk management and investment strategies for the nation’s top carriers.
Ramsey Smith Professional Experience / Academic History
Professional Experience
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Founder
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Managing Director
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Financial Analyst
Academic History
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MBA
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Bachelor's Degree, Romance Languages, Literature and Linguistics
Ramsey Smith believes in the power of annuities to provide guaranteed income to retirees at the time they need it the most. He thinks that many retirement products offered today are too complex and expensive. He really likes simple, low-fee annuities for retirement. Annuities provide you with money when you need it the most at a time when you probably have the least other options.
In Smith’s view, the financial service industry has become "merchants of complexity" looking for ways to earn the explainer premium. He thinks the financial services industry has a tendency to look for complex solutions to complex problems. Why?
1) Margins tend to be better.
2) You have created a role for yourself as an explainer (the explainer premium)