MarketWise Management

Management criteria checks 0/4

MarketWise's CEO is David Eifrig, appointed in Aug 2024, has a tenure of less than a year. directly owns 0.056% of the company’s shares, worth $89.61K. The average tenure of the management team and the board of directors is 1.6 years and 1.6 years respectively.

Key information

David Eifrig

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.06%
Management average tenure	1.6yrs
Board average tenure	1.6yrs

Recent management updates

Recent updates

CEO

David Eifrig (64 yo)

less than a year

Tenure

Dr. David Eifrig Jr., MD, is Director of MarketWise, Inc. from May 1, 2023 and serves as its Chief Executive Officer since August 10, 2024. He joined MarketWise in 2008. He is the Editor at Stansberry Rese...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Frank Stansberry	Founder & Director	no data	US$107.55k	9.15% $ 14.6m
Erik Mickels	CFO & Principal Accounting Officer	1.3yrs	US$1.76m	0.43% $ 691.7k
Marco Galsim	Chief Information Officer	4.9yrs	US$768.69k	0.38% $ 607.8k
David Eifrig	CEO & Director	less than a year	no data	0.056% $ 89.6k
Scott Forney	General Counsel & Corporate Secretary	1.1yrs	no data	0.87% $ 1.4m
Michael Palmer	MD, Copywriter & Director	16.9yrs	no data	0.34% $ 537.6k
Lee Harris	Senior Vice President of Financial Planning & Analysis	1.9yrs	no data	no data

1.6yrs

Average Tenure

50.5yo

Average Age

Experienced Management: MKTW's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Frank Stansberry	Founder & Director	1.3yrs	US$107.55k	9.15% $ 14.6m
David Eifrig	CEO & Director	1.6yrs	no data	0.056% $ 89.6k
Michael Palmer	MD, Copywriter & Director	3.4yrs	no data	0.34% $ 537.6k
Van Simmons	Independent Director	3.4yrs	US$206.61k	0.30% $ 476.8k
Glenn Tongue	Lead Independent Director	1.6yrs	US$193.78k	0.35% $ 550.3k
Matthew Smith	Independent Director	1.6yrs	US$181.08k	0.16% $ 247.4k
Matthew Turner	Independent Director	1.6yrs	US$184.94k	0.16% $ 247.4k

1.6yrs

Average Tenure

57yo

Average Age

Experienced Board: MKTW's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 06:31
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

MarketWise, Inc. is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jeffrey Meuler	Baird
Kyle Peterson	Needham & Company
Jason Helfstein	Oppenheimer & Co. Inc.

MarketWise Management

Management criteria checks 0/4

Key information

Recent management updates

MarketWise, Inc., Annual General Meeting, Jun 06, 2024

MarketWise, Inc. Appoints Charles N. Curlett, Jr. as Chief Operating Officer

MarketWise, Inc. Appoints Van Simmons and Matthew Turner to Serve as Members of the Audit Committee

F. Porter Stansberry Joins MarketWise Board of Directors

MarketWise, Inc. Announces Chief Financial Officer Changes

High number of new and inexperienced directors

Recent updates

MarketWise, Inc. Declares Quarterly Cash Dividend, Payable on December 26, 2024

MarketWise, Inc. to Report Q3, 2024 Results on Nov 07, 2024

MarketWise Receives Non-Compliance Notice from Nasdaq Regarding Minimum Bid Price Requirement

MarketWise Is A Mess: Tread Cautiously

MarketWise, Inc. Declares Quarterly Dividend, Payable on September 25, 2024

MarketWise, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on June 25, 2024

MarketWise, Inc., Annual General Meeting, Jun 06, 2024

MarketWise: A Wise Investment Right Now

MarketWise, Inc. Declares Quarterly Cash Dividend on Class A Common Stock, Payable on April 25, 2024

MarketWise, Inc. Appoints Charles N. Curlett, Jr. as Chief Operating Officer

MarketWise, Inc. Appoints Van Simmons and Matthew Turner to Serve as Members of the Audit Committee

MarketWise, Inc. to Report Q3, 2023 Results on Nov 09, 2023

MarketWise Notifies the Nasdaq Regarding No Longer Complies with Nasdaq’s Audit Committee Composition Requirements as Set Forth in Listing Rule 5605

MarketWise Notifies the Nasdaq Regarding No Longer Complies with Nasdaq’s Audit Committee Composition Requirements as Set Forth in Listing Rule 5605

Frank Porter Stansberry and Monument & Cathedral Holdings Agree to Act Together to Pursue Changes at MarketWise

Investor sentiment improves as stock rises 18%

MarketWise, Inc. Declares Special Dividend, Payable on December 1, 2023

Investor sentiment improves as stock rises 18%

New minor risk - Shareholder dilution

F. Porter Stansberry Joins MarketWise Board of Directors

Upcoming dividend of US$0.01 per share at 2.9% yield

Frank Porter Stansberry Sends a Letter to MarketWise Inc

Consensus EPS estimates fall by 72%

New minor risk - Insider selling

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

New minor risk - Shareholder dilution

Marketwise, Inc. Declares A Quarterly Cash Dividend to Holders of Class A, to Be Paid on October 26, 2023

MarketWise, Inc. to Report Q2, 2023 Results on Aug 10, 2023

Investor sentiment improves as stock rises 16%

MarketWise, Inc. Announces Chief Financial Officer Changes

Investor sentiment deteriorates as stock falls 17%

Investor sentiment improves as stock rises 17%

High number of new and inexperienced directors

MarketWise, Inc., Annual General Meeting, Jun 30, 2023

Consensus EPS estimates increase by 92%

MarketWise, Inc. Announces Initiation of Quarterly Cash Dividend, Payable on July 20, 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improves as stock rises 16%

Consensus EPS estimates fall by 73%

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

High number of new directors

Marketwise, Inc. Announces Appointment of Amber Lee Mason as Member of the Board of Directors

MarketWise, Inc. Announces Executive Changes

Consensus forecasts updated

Price target decreased to US$4.50

High number of new and inexperienced directors

Independent Director recently bought US$123k worth of stock

Consensus EPS estimates fall by 21%

Price target decreased to US$5.60

Third quarter 2022 earnings released: US$0.17 loss per share (vs US$0.39 profit in 3Q 2021)

MarketWise, Inc. to Report Q3, 2022 Results on Nov 03, 2022

MarketWise, Inc. Announces Resignation of Elizabeth Burton as Class II Director and Member of the Audit Committee of the Board of Directors

MarketWise major shareholder Frank Stansberry buys $832K in common stock

Insider recently bought US$162k worth of stock

Marketwise, Inc. Announces Executive Changes

Consensus EPS estimates fall by 79%

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

MarketWise reports Q2 results

Insider recently bought US$1.9m worth of stock

MarketWise, Inc. to Report Q2, 2022 Results on Aug 08, 2022

Consensus forecasts updated

Insider recently bought US$504k worth of stock

MarketWise: Customer Monetization Is An Issue

Insider recently bought US$81k worth of stock

Consensus forecasts updated

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

High number of new and inexperienced directors

MarketWise, Inc. to Report Q1, 2022 Results on May 09, 2022

MarketWise, Inc., Annual General Meeting, Jun 02, 2022