Charles Biderman is the Chairman of TrimTabs Investment Research and
Portfolio Manager of the TrimTabs
Float Shrink ETF (NYSE:TTFS).
The TrimTabs Team
Mr. Biderman began his career as Alan Abelson's assistant at Barron's after earning an MBA from Harvard Business School. He founded TrimTabs in 1990. TrimTabs developed into the only independent research firm providing detailed daily coverage of U.S. stock market liquidity. The premise behind TrimTabs' approach is that stock prices are a function of supply and demand of shares of stock and money rather than fundamental value. TrimTabs launched its first exchange-traded fund in 2011.
Mr. Biderman is a regular on CNBC's Santelli Exchange and Fox Business' Opening Bell with Maria Bartiromo.
TrimTabs Investment Research, Inc. (TTIR) is not registered as an investment adviser with the Securities and Exchange Commission (SEC) or any state. It relies on the "publisher exclusion" from the definition of an investment adviser under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state laws. TTIR provides bona fide research services and investment newsletters that are generally available for subscription by the public. It does not provide any personalized advice.
Through common ownership by certain individuals, TTIR is affiliated with Trim Tabs Asset Management, LLC (TTAM), an SEC-registered investment adviser that sub-advises the TrimTabs Float Shrink ETF (TTFS). In particular, Charles Biderman is the Chairman of TTIR, the Chief Executive Officer of TTAM, the Chief Compliance Officer of TTAM, and the Portfolio Manager of TTFS. TTAM only provides services to TTFS, and it does not offer advisory, research, or other services to any other clients.