Mitsuo (Mit) Lockrow
Founder | Portfolio Manager
“Vision without action is a daydream. Action without vision is a nightmare.”
Mitsuo E. Lockrow is the portfolio manager and founder of Cambridge Wealth Management. He is responsible for the firm’s investment management as well as overseeing all mission-critical operations of the firm.
From 1996 - 2000, Mr. Lockrow was a financial consultant at Merrill Lynch’s Albany, New York and Cambridge, Massachusetts offices. While at Merrill Lynch, he earned the Certified Financial Manager designation and achieved Winner's Circle, Executive Club, and President’s Club levels.
From 2001 - 2013, Mr. Lockrow was a Vice President of Investments at UBS, working in their Boston and Wellesley, Massachusetts offices. Certified as a Portfolio Manager under the select UBS Portfolio Management Program, he managed institutional and private client portfolios with a risk-aware approach. He also provided investment recommendations and trading services to regional banks and trust companies.
In the aftermath of the dot-com bubble, Mr. Lockrow made it his Mission to seek out investment strategies that went beyond the statistical framework of Modern Portfolio Theory (MPT) and mitigated exposure to excessive market volatility. He conceived a multi-model investment strategy that harmonized fundamental research disciplines and quantitative risk modeling with the core tenets of MPT.
Mr. Lockrow has a BA degree from the University of Kansas, where he was also a Social Chairman and Pledge Marshal of Theta Chi fraternity and a trumpet player in the marching band. After graduation, he studied Japanese language and culture at Nichibei Kaiwa Gakuin in Tokyo, Japan. While at UBS, he completed the CFP® education program at the College for Financial Planning and was certified in 2007 by the CFP Board of Standards, Inc. In 2020, Mr. Lockrow chose not to renew his CFP® certification, Series 6, 7, and 24 FINRA licenses to focus his practice on conflict-free, risk-aware investment management.
In 2014, Mr. Lockrow returned to his rural birthplace and founded Cambridge Wealth Management, driven by two passions: managing risk-aware portfolios and delivering an excellent client experience.