Preet Banerjee

Preet Banerjee
Occupation	Television host with the Oprah Winfrey Network (Canada), Columnist at The Globe and Mail, W Network Money Expert, Personal finance blogger, Podcaster

Preet Banerjee (born September 27, 1977) is the host of the television show Million Dollar Neighbourhood on the Oprah Winfrey Network, a personal financial expert, and winner of the reality TV series The Ultimate W Expert Challenge, which aired on the W Network in Canada during the summer of 2009. He was subsequently named a W Network Money Expert. He writes a personal finance column for The Globe and Mail and is also author of the Canadian personal finance blog WhereDoesAllMyMoneyGo.com which was voted Canada's #1 Investment Blog in 2010 by readers of The Globe and Mail. In 2012, he launched a personal finance podcast which currently ranks as one of the most popular financial podcasts on iTunes.

Banerjee graduated with a Bachelor of Science degree from University of Toronto Scarborough in 2001 (May). He immediately enrolled in the Bridgestone Racing Academy in hopes of becoming a racecar driver, and missed his university convocation to instead participate in the racing school's curriculum.

After graduating from the Bridgestone Racing Academy in 2001 (October), Banerjee returned to the Academy to serve as their Operations Manager from 2002 until 2004. He started his career in the financial services as a Consultant shortly thereafter with Investors Group Financial Services in Whitby, Ontario. He remained there for two years before deciding that a largely proprietary product offering was not an ideal solution for all Canadian investors.

Banerjee left Investors Group Financial Services to join ScotiaMcLeod, the wealth management division of The Bank Of Nova Scotia, as a and financial planner, although he never held a recognized financial planning designation. While there he became acquainted with passive investment management strategies (which were not offered at Investors Group) and his client portfolios soon became dominated by index funds and exchange-traded funds (ETFs) which Banerjee claimed was the basis of rational portfolio construction. He also preferred offering clients their choice of how to pay fees: 1. Transactional, 2. Percentage-of-assets, or 3. Fee-for-service and emphasized transparency within advisor-client relationships. Banerjee was described as part of "the new breed of financial advisors" by The National Post.

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