Orcam Group is a low fee financial advisory firm founded in 2012. Orcam specializes in asset management, financial planning and portfolio review services to help investors reduce costs, plan for the future and behave better so they can focus on the things that matter most in life. Orcam’s asset management arm is called “Discipline Funds” and offers low cost ETFs as well as portfolio review services.
“Orcam” is “Macro” backwards. The name of the firm expresses the growing importance of understanding big macro trends in our world – globalization, the interconnectedness due to technology, government intervention, global conflict, etc. The world of financial management is undergoing a massive change as all of these global trends converge and it’s never been more important to understand the world from a global perspective as opposed to the more traditional micro perspective.
Mr. Roche’s expertise and understanding creates an unusually comprehensive understanding of portfolio construction, monetary theory, economics and the financial services industry. After having worked at Merrill Lynch in the early 2000’s where he helped oversee $500MM+ in assets under management, Mr. Roche started a small investment partnership at the age of 25 with a significant personal investment. Over the ensuing 7 years Mr. Roche implemented a macro oriented, multi-strategy, risk management based approach that helped generate substantial positive alpha (high risk adjusted returns) while steering the partnership through one of the most turbulent investment environments in history without a single negative year.
Mr. Roche is best known for his work on the Great Recession. After having predicted the housing bubble Mr. Roche was very vocal about the failure of government policy in properly addressing the consumer debt disease that was the primary cause of the weak economy.
Mr. Roche’s primary areas of expertise include global macro portfolio construction, quantitative risk management, behavioral finance and monetary theory. He is the founder of the popular financial website Pragmatic Capitalism and is well known for his work on monetary economics, institutional monetary design, macro portfolio construction, and his debunking of many of the mainstream economic myths that persist today. He is one of the developers of the macroeconomic set of understandings known as “Monetary Realism” which focuses on the institutional design of monetary systems and operational realities of these dynamic systems.
Mr. Roche was named one of the “40 Under 40” investment professionals by Investment News in 2015. He is the long-time #1 economics writer on the popular financial website Seeking Alpha and was named one of the “Top Wall Street Economists, Experts and Opinion Leaders” of 2011 by Wall Street Economists. Mr. Roche was named one of the “101 Best Finance People” by Business Insider and described as “one of the most influential economic thinkers today.” He is regularly cited in the Wall Street Journal, on CNBC and in the Financial Times. Mr. Roche is a Georgetown University alumnus, growing up in the DC area and now living in San Diego, California with his fiancée Erica and their problem child, Cal, an Australian Shepherd.