Latest Entry: Actor Gene Barry Dies

Washington Post staff writers offer a window into the art of obituary writing, the culture of death, and more about the end of the story.

Read more | What is this blog?

More From the Obits Section: Search the Archives  |   RSS Feeds RSS Feed   |   Submit an Obituary  |   Twitter Twitter

Richard Malone, 48; Investment Adviser

Discussion Policy
Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post.
By Elissa Silverman
Washington Post Staff Writer
Wednesday, October 5, 2005

Richard W. Malone, 48, a stock market adviser to AM radio listeners as well as a senior vice president at Ferris, Baker Watts Inc., died Oct. 2 after he slipped and fell at his home in Falls Church.

Fairfax County police said the death was accidental.

As head of the Malone Financial Group, the Reston branch of regional brokerage firm Ferris, Baker Watts, Mr. Malone led a team of 18 financial advisers who invested $1.25 billion in equity, balanced and fixed-income accounts, said Randy Beeman, a portfolio manager and senior vice president.

Mr. Malone started his financial career at Dean Witter and then spent 12 years with Prudential Securities, Beeman said. Six years ago, Mr. Malone, Beeman and several other colleagues moved their financial group from Prudential to Ferris, which is jointly headquartered in Baltimore and Washington.

Known on air as "Rick," Mr. Malone was the stock market guru on "The Wise Investor Show," which he co-hosted with Beeman on Saturday mornings on WTNT (570 AM) and Sunday mornings on WMAL (630 AM).

Mr. Malone was optimistic about investing in stocks and eagerly pushed certain companies, said Chris Berry, WMAL's president and general manager. He said Mr. Malone built a loyal fan base because listeners knew that he put his money -- as well as his clients' money -- behind the stocks he recommended.

Mr. Malone also encouraged even the smallest investors to do thorough research on stock picks and to know their portfolios well.

"His show was popular with people who enjoyed playing the market," said Ric Edelman, who hosts a financial investment show Saturday mornings on WMAL. "He was known to be honest, reputable and a knowledgeable player."

Beeman said that in speaking with clients over the past few days, "they think that he was one of the few people that they would say they had ultimate trust in."

"The Wise Investor Show" is expected to continue with Beeman.

Mr. Malone was a native of Greenville, S.C., and a graduate of the U.S. Naval Academy.

He was a fan of the Washington Nationals and the Washington Redskins, having attended Sunday's Redskins game.

His marriage to Dana Malone ended in divorce.

Survivors include his fiancee, Jaime Bowerman of Falls Church; a son from his marriage, Tyson Malone of Reston; his parents, Richard and Alice Malone of Asheville, N.C.; and two sisters, Patrice Pisiniski of Washington and Alison Avagliano of Piedmont, Calif.

Staff researcher Meg Smith contributed to this report.



More in the Obituary Section

Post Mortem

Post Mortem

The art of obituary writing, the culture of death, and more about the end of the story.

From the Archives

From the Archives

Read Washington Post obituaries and view multimedia tributes to Pope John Paul II, Ronald Reagan, James Brown and more.

[Campaign Finance]

A Local Life

This weekly feature takes a more personal look at extraordinary people in the D.C. area.

© 2005 The Washington Post Company