This website will be retired March 1st
Editor in Chief at True Market Insiders, Bill lends a diversity of far-ranging experience and accomplishments. He epitomizes the fast-paced, think-outside-the-box ethic at the heart of financial education and publishing. For nearly 30 years, Bill’s been a fixture of finance, economics, education and publishing.
In 1988, Bill was recruited by the Federal Reserve Bank of New York, to handle their largest deposits. Through 1996, he was one of the few who trained Federal Reserve staff and management and created their manuals.
Following his eight years of distinguished service with the New York Federal Reserve Bank, Bill moved to the private sector as an investor in luxury items (working with firms like Tiffany, T. Risk Holdings and Laurelton Diamonds, Inc.). He also consulted for Pierre Cardin and Calvin Klein.
During the dizzying days of the late-1990s tech-boom, Bill worked at Morgan Stanley Dean Witter producing "TechWeek", an in-house investor dossier exclusively for Morgan Stanley’s high-net-worth clients.
The ensuing decade saw Bill serve stints at Bear Stearns in Mergers & Acquisitions, VIACOM, investment bank powerhouse Greenhill & Co., and TIAA-CREF in automated 401K investments.
Yet, Bill grew dissatisfied with corporate life. Looking to make more of a difference for individual investors, he left a lucrative position in the Empire State Building when he was recruited by Tycoon Publishing/Institute for Individual Investors (IFII), a maverick online investment education and guidance firm out of Delray Beach, Florida. IFII was ultimately acquired by Agora Inc., the world’s largest and most successful investment newsletter publisher.
“If you’re not helping people, what’s the point really?” Bill said at the time. After years of talent hunting, Bill helped IFII's founder, Chris Rowe, recruit the person who would become an IFII superstar: former Philadelphia Stock Exchange derivatives market maker, Costas Bocelli.
Today, Chris Rowe, Costas Bocelli and Bill Spencer form the nucleus of True Market Insiders, one of the world’s fastest-growing trading service, market data, and investing education firms.
A former president of the Queens College chapter of the International Economics Honor Society, Bill also taught Descriptive Statistics at Queens College. In 1996, he was honored with the prestigious Steven E. Burdman Memorial Award In Economics.