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Tom Bruce

Macro Investment Strategist

Tom analyzes economic conditions and identifies strategic investment opportunities for Tanglewood’s clients. As a member of the firm’s Investment Committee, he works closely with the investment team to guide policies and contributes to Tanglewood’s monthly commentaries and special bulletins.

He is regularly quoted in the media and has appeared on Bloomberg, the Schwab Network, MarketWatch, Reuters, and Kitco. Before Tanglewood, Tom worked for Ned Davis Research and Fair Economy, Inc., advising a global client base of institutional and retail investors. He co-authored Perpetual Wealth (2025) with John and Brian Merrill.

Tom grew up on the Eastern Shore of Maryland and spent much of his adult life in Tampa Bay before relocating to Houston with his family. He enjoys hiking, traveling, and playing chess with his son.

  • B.A. in Interdisciplinary Social Science, University of South Florida
  • M.S. in Finance, University of South Florida

I am grateful to be part of a firm where I can combine my passion for macroeconomics with the joy of helping others achieve their financial goals. My role involves actively identifying risks by analyzing economic data and market trends, providing insights that shape our investment strategy.

I particularly enjoy the dynamic nature of my work—no two days are the same, yet history often rhymes. Sir John Templeton famously said, “The four most dangerous words in investing are: ‘this time it’s different.'” It’s crucial to discern whether this time truly is different or if we need to heed a warning and seek stability. This blend of unpredictability and recurring patterns makes for an exciting career. My responsibility is to navigate these uncertainties, giving our clients peace of mind knowing their financial future is in capable and trustworthy hands.

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