Jonathan Citrin, Adjunct Faculty of Finance at Wayne State University, and the Founder and Chairman of CitrinGroup — an investment advisor in Birmingham, MI joins Enterprise Radio. Mr. Citrin discusses the difficulties running a business that seeks to combat groupthink and more.
- What makes CitrinGroup different from other investment advisors?
- Is it difficult running a business that seeks to combat groupthink?
- When you teach in the Business School and Graduate Business School at Wayne State University, what do you tell you students about running a successful business?
- As an established business person and member of the finance industry, what do you tell other entrepreneurs about the current state of global economies?
- Could you give our audience your best investment tip?
Jonathan Citrin founded CitrinGroup in 2003 and served as its Chief Executive Officer for ten years. In his current role as Executive Chairman, Mr. Citrin oversees investment portfolios and involves himself in client relationships of the firm. Additionally, he is a member of CitrinGroup’s Investment Advisory Board and Adjunct Faculty of Finance at Wayne State University’s School of Business, where his classes include Security Analysis, Investment Policies, Advanced Corporate Finance, and International Finance. In 2013, Mr. Citrin founded the Finance and Leadership Society in Mindfulness (FLSM), where he is actively involved and holds the title of Chairman. In addition to this work, Mr. Citrin serves on the International Business Advisory Board of Eastern Michigan University and the Investor-Leadership Council of the Michigan Economic Center.
Mr. Citrin received his B.A. from Tulane University and his M.A. from New York University. Before entering the investment industry, he worked as an educator in both New York and Texas. Prior to forming CitrinGroup, Mr. Citrin managed investment portfolios at Morgan Stanley and Morgan Stanley Dean Witter.
Mr. Citrin differentiated himself by managing portfolios through process not product. He understood the groupthink mentality in today’s financial industry and knew that constantly questioning the norm and approaching finance from both theory and practice would yield better opportunity for all. Ultimately, to properly frame his ideology, Mr. Citrin developed an expertise in both market fundamentals and behavioral finance — crafting his belief of “idealism in financial markets” and his “infinite perspectives” approach to asset management. He has devoted his career to and become known for his capacity as a financial theorist; his assessment of the global economic environment through an important new paradigm creates awareness and impact to portfolios, policy, and most importantly people.
In addition to his professional work, Mr. Citrin devotes time to philanthropic endeavors. Having worked in many agencies, he is currently Chair of the Board of Directors at Starfish Family Services, a multi-million dollar Michigan-based non-profit organization, where he also serves as Chair of the Executive Committee.