Before he became the leading “Cannabis Financial Analyst” in the marijuana industry, Alan Brochstein spent decades on the inside of the investment industry as a portfolio manager.
Prior to earning his CFA charter in 1997, he worked in NYC for Kidder, Peabody, & Co. in bonds from 1986 to 1992. Later in 1992, he joined First Boston’s investment management subsidiary before becoming a portfolio manager with Criterion Investment Management in 1994 —co-managing $10 billion in fixed-income investments. In 2000, he made the move to stocks, joining a small firm in Houston as an analyst and portfolio manager. He remained at the firm until 2006, when he left to form his own business, AB Analytical Services—working as a research consultant for several investment advisors. Alan also began contributing to Seeking Alpha, quickly becoming one of its leading contributors.
In 2008, he began offering Invest By Model, a model portfolio service, to individual investors. He met Marketfy in 2013 and created The Analytical Trader, a service focused on providing swing trading ideas. Both of these services delivered strong performance.
After seeing a strong need for more investor transparency among cannabis companies in early 2013, he launched 420 Investor— a service committed to providing real-time, objective information about the top marijuana companies in the market. 420 Investor has evolved into a collaborative due diligence platform led by Alan.
In the process of launching the 420 Investor, Alan has become a much-needed ally to marijuana investors, being hailed as a leading authority in the industry. In early 2014, he exited all of his other business in order to focus exclusively on the cannabis sector. He has supported marijuana legalization since 1980, when he became active in the Libertarian Party. He currently sponsors the National Cannabis Industry Association, NORML, Students for Sensible Drug Policy and the Marijuana Policy Project.