New York-born trader and executive Joe Terranova has an estimated net worth of $30 million. He is best known in the financial world for his high risk management abilities. Since 2009, he is the Chief Market Strategist for Virtus Investment Partners, an asset management firm with more than $25 billion asset under management and is based in Hartford, Connecticut. He joined Phoenix Investment Partners, now Virtus Investment Partners, in 2008. He held the position of Chief Alternatives Strategist for the firm.

Currently, Mr. Terranova works with the investment management teams and the financial advisors who sell the company’s investment products as well as providing insight into the domestic and global investing landscape for asset classes such as Equities, Commodities, Fixed Income and Currencies.

Terranova is a regular contributor on CNBC and serves as a panellist on the network’s popular financial Fast Money. It is an American financial stock trading talk show which began airing on CNBC on June 21, 2006. He frequently appears on CNBC, Bloomberg TV, Fox and CNN. He is a graduate of B.S. in Finance from the Peter J. Robins College of Business at St. John’s University in 1988.