Financial and Investment Book List for Advisors or Investors

Navigating the markets these days is an interesting process. If you still have a thriving financial practice or capital to invest after the August 2007 to mid-2009 market fall out, great for you. However, I would make a bet that you took a sizable hit to either your clients or your own personal portfolio. Thus, I am creating this post containing a book list because I believe there are always ways that we can be better investors and better financial professionals.

For those of you interested to know, the process to become a financial advisor is down right challenging. It is full of hurdles that happen well before you ever solicit any type of securities products. First, there is the process of making the decision that your heart is truly in this career decision. Because if it ain’t, you will fail. Then, there is research and reading to both see if you have the skills necessary and where you need improvement. And trust me, as a rookie seeing Wall Street and the industry from the outside, very few go into this business without needing improvement. Or maybe you could be the investor looking for the right financial professional. I guarantee in any market that there is at least several firms and hundreds of professionals that can meet your needs.

So- have said that, I decided to write this post about some of the books that have helped me become much better educated about not only the markets but the business of the money culture. In fact, almost all of these were recommendations from the dozens of financial professionals and investors I have spoken with over the past many months. In many ways these financial related books helped me understand the business, give specific information about how to start, expand and some really fascinating and sometimes hilarious stories along the way.

In addition, if you have very little interest in working in this industry but want some information to help you  make better financial decisions and/or learn about the shenanigans that goes on at times, I have divided this book list into two categories. One category for the Financial Advisor and one for interested individual investors looking for a good read. And probably the best part is that I have linked each of these books to so you can read reviews and buy new or used copies. I highly recommend Amazon to purchase used books as many of their sellers are reliable and you just can’t beat the price. I have given a small and very short summary about a few of the books I really enjoyed as well.

Click continue reading if on the home page. Thank you.

Top Books for the interested individual Investors:

The Craft of Advice : Essays 1995-1998 “The Craft of Advice : Essays 1995-1998 ” By Nick Murray

A collection of interesting articles that Nick has written for a variety of publications. Many of them fascinating and short enough to read in one sitting.

“How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition” by William O’Neil (CANSLIM method of investing)

Very good book which revolves around William’s CANSLIM system of investing. Highly intelligent writing with an easy to understand step-by-step approach to investing. If you follow his guidance you will be on the right path to personal investing.

An excellent read full of insight and real world examples. I found this book hard to put down, as was the one below.

“Sex and Money” (The inner world of Wall Street in the 80’s) by John Spooner

John Spooner finds a way to make his points through some of the best stories a stock broker can have. This is one very funny and fascinating book about the world of top brokers in the 1980’s. I promise you will enjoy reading this book.

Warren Buffett and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage [Deckle Edge]

Full of wit and insight from the investing master himself. Great read that you could knock out in just a few nights.

Liar's Poker: Rising Through the Wreckage on Wall Street“Liar’s Poker: Rising Through the Wreckage on Wall Street by Michael Lewis

One of my favorites about the inside of Solomon Brothers in the 1980’s. Great detail about the insider life of some of the most powerful bond traders and rich egocentric people that make it all happen.

The Money Culture “The Money Culture ” by Michael Lewis

A superb book about the culture of money. Interesting to read and understand how high-net-worth individuals think.

Monkey Business: Swinging Through the Wall Street Jungle “Monkey Business: Swinging Through the Wall Street Jungle” by John Rolfe

Panic: The Story of Modern Financial Insanity “Panic: The Story of Modern Financial Insanity ” by Michael Lewis

Very fascinating book about the ins and outs of how we got to the market fall out of 2007 and 2009. You can finally understand all that sub-prime mortgage CDO fiasco.

The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It by Scott Patterson

This book is one of those new financial books and my current reading material. Incredible book about the gigantic hedge fund puppeteers with billions under their control. From start to finish this book sheds light on the big players in today’s money making (machine) game.

Top Books for the Financial Advisor:

“The Excellent Investment Advisor” by Nick Murray

Building Your Multi-Million Dollar Practice: 8 Success Strategies   of Top Producing Advisors Building Your Multi-Million Dollar Practice: 8 Success Strategies of Top Producing Advisor by Peter Vessenes, Katherine Vessenes

Cold Calling Techniques: That Really Work Cold Calling Techniques: That Really Work

Gathering Assets: The Best of Nick Murray

Attract and Retain the Affluent Investor: Winning Tactics for   Today's Financial Advisor “Attract and Retain the Affluent Investor: Winning Tactics for Today’s Financial Advisor” by Stephen Gresham

Excellent book featuring the ins and outs of what to say and how to be a better (and wealthier) financial advisor.

Best Practices for Financial Advisors (Bloomberg Professional   Library) “Best Practices for Financial Advisors (Bloomberg Professional Library) ” Mary Rowland, Michael R. Bloomberg


There you have it. Some of the books that I believe will give you hours of great reading and volumes of financial knowledge. I guarantee that these books will benefit your success as a financial advisor or investor.

So good luck with your reading and investing.

***This blog post is not an offer, or solicitation of an offer, to buy or sell any security or other product. Information contained in this communication is not an official confirmation of any transaction or an official statement from Adam Faragalli. Adam Faragalli receives no compensation for this blog and has not affiliated with any authors, publications or companies cited above. Adam urges everyone to understand the risks involved with investing and can not be held responsible for any losses accrued from investment advice cited.

Best regards and enjoy all your new found financial knowledge.

Adam Faragalli

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