(Fort Worth, Texas) —- Robert M. McCarthy, Sr., president of Marketocracy Inc. and longtime Fort Worth businessman and entrepreneur, announced that he has opened the company’s second office in Fort Worth to serve as the principal location for Marketocracy Data Services LLC (MDS), an investment research firm and one of two Marketocracy Inc. affiliates.  The other affiliate is wholly-owned subsidiary Marketocracy Capital Management LLC (MCM), an S.E.C. registered investment advisor.

Marketocracy Inc. was founded by Ken Kam in 2000 to find the best investors in the world and hold them accountable for results.

The Fort Worth office is at 1208 West Magnolia Avenue Suite 236 in the Historic Near Southside district.  Marketocracy Inc. headquarters are in San Mateo, California.

“Our CEO Ken Kam continues to operate and spearhead all investment oversight and client portfolio management out of the office in San Mateo,” said Mr. McCarthy. “We’ve moved overarching company operations and management of our subsidiary Marketocracy Data Services here to Fort Worth.”

Mr. Kam and other Marketocracy Inc. and MCM professionals will continue to work from the California office.

A long-time Fort Worthian, Mr. McCarthy’s entrepreneurial ventures over the years have included the formation of four profitable start-ups in construction, retail, and manufacturing.

“He has spent his career building companies that have influenced and changed their various industries by transforming their product-to-market process,” said Mr. Kam.

One such company was Fort Worth-based Tarrant Interiors, which Mr. McCarthy owned and operated from 1983 until 1997 when he sold it to Fortune 500 company Leggett & Platt. Tarrant Interiors changed the way its products were sold in the marketplace and effectively impacted the future of the associated store fixture and lighting industries.

It was after Mr. McCarthy sold Tarrant Interiors that his investment advisor, David Diesslin of Diesslin & Associates, Inc., introduced him to Ken Kam and Marketocracy Inc. Sold on Mr. Kam’s investment philosophy and vision for Marketocracy, Mr. McCarthy signed on as one of the original investors and, now, nine years later, serves as president of Marketocracy Inc.

 Marketocracy Inc. is a member of the Forbes Investor Team and serves as a regular contributor of investment articles to Forbes.

In his recently published book, The Warren Buffetts Next Door, Forbes vice president and investing editor Matthew Schifrin reconfirms the value of the Marketocracy farm system approach. In the book, he describes Marketocracy as a “legendary investor incubator” that yields outstanding investment talent. The book highlights ten of these outstanding investors, seven of which are Marketocracy Masters.

Marketocracy Inc.’s wholly-owned subsidiary Marketocracy Capital Management LLC (MCM) is an S.E.C. registered investment advisor that contracts with MDS to use the research generated by the Marketocracy Masters to manage mutual funds, hedge funds, and separately managed accounts for clients. MCM requires that all MCM Analysts first achieve the designation of Marketocracy Master, a vetting process that precedes use of their investment research and strategies on client accounts.

Marketocracy is on the web at www.marketocracy.com.