james mcdonald hercules investments wife

In this episode, David Armstrong, editor-in-chief at WealthManagement.com, talks to Hercules Investments James McDonald. Get James McDonald's email address (j*****@post.harvard.edu) and phone number (718848..) at RocketReach. Prior to ISA he was Director of Strategic Initiatives for the $12 billion AUM Compass BBVA Wealth Management Group where he led the design and execution of brokerage, trust, and insurance strategies serving high net worth and ultra-high net worth clients. The stockbroker and investment fraud lawyers at Sonn Law Group dedicate their entire practice to protecting the interests of investors who have lost money as a result of the negligent or wrongful conduct of those entrusted with protecting and growing our money. In early 2021, McDonald "solicited millions of dollars worth of funds from investors in the form of a purported capital raise for Hercules but misrepresented how the funds would be used and failed to disclose the massive losses Hercules previously sustained," the statement said. Mr. McDonald previously was CEO/CIO of Index Strategy Advisors Inc. (ISA) from 2010-2019. You've successfully subscribed to this newsletter! "For nearly 100 years investment firms have sought to address the average investor's goals with simplistic and inefficient mutual funds, or expensive and highly inconsistent stock picking. This seriously cut in to his fee income, and CNBC appearance feesoh, yes, he was still bloviating on television about on how people should invest for more than a year-and-a-half after the most spectacular wrong call of his careerapparently dont cover the Porsches or the rent, so he decided to raise some more. According to the complaint, McDonald also appears to have terminated his previous phone and email accounts and told one person that he planned to vanish.. 4 . This fund is for qualified investors only. The information provided in this website is offered for general information purposes only; it is not offered as and does not constitute legal advice in any way. Powered and implemented by FactSet Digital Solutions. Top Hercules Investments Employees James McDonald Chief Executive Officer. But I think that the market will rebound and potentially finish the year slightly higher. Market data provided by Factset. Any reference to past cases or successes made herein should not be construed as a guarantee of any future outcome. With interest rates so low, what do you make of the TINA argument, which asserts there is no alternative to stocks? Very few recessions and market collapses have recovered in the time period that we saw in 2020. Your email address will not be published. My dream is to buy an NFL team. I think all the equity markets are so overstretched that when a risk element enters the market, the selling will be violent and accelerated. And even still, there is the risk of mutations, the continuation of sickness, hospitalizations, and fear will cause stagnation for the reopening concept. Hercules Investments was awarded the WealthManagement.com 2020 Alternative Asset Manager of the year. The attorneys at ChapmanAlbin are licensed to practice law in Ohio and Michigan. Save my name, email, and website in this browser for the next time I comment. I really enjoyed speaking with you and appreciate you taking the time. Yeah. All rights reserved. [USA Today]. Ainslie Simmonds Vision for Pershing X, a Startup Out to Replace Advisor Tech Stacks, Economist Jason Furman Explains How Inflation Snuck Up on Us and Whats Ahead in 2022, A Mountaineer CEO Talks Infinity Multiples, Thrill-Seeking, and How Advisors Need to Change, Modern Slavery Act Transparency Statement. Or, you know, anywhere, really. Hercules Investments' James McDonald explains the different risk-related techniques advisors can use to keep clients comfortable with their portfolios. The SEC's investigation was conducted by David S. Brown, Carol Kim, and Matthew O. Koop and was supervised by Marc J. Blau in the Los Angeles Regional Office. CHICAGO JUDGE DENIES BAIL FOR ILLINOIS WOMAN WHO ALLEGEDLY PUSHED 3-YEAR-OLD NEPHEW INTO LAKE MICHIGAN. scott@strategyvoiceassociates.com, Internet Explorer presents a security risk. We are able to provide uncorrelated growth, meaning our strategies do not depend on equity markets continuing to rise in order to accomplish gains. or redistributed. LOS ANGELES, Oct. 10, 2019 /PRNewswire/ -- Award-winning derivatives investment management executive James A. McDonald, Jr. today announced that he has launched Hercules Investments LLC, a Los Angeles-based Registered Investment Advisor.Hercules applies quantitative research to design and actively manage portfolios for investors seeking maximum growth during up or down-market cycles. The bull case would imply that were 50% stronger in terms of our earnings premium over our equity premium based on what we pay for earnings. This material may not be published, broadcast, rewritten, CHICAGO--(BUSINESS WIRE)--James McDonald, CEO and Chief Investment Officer of Hercules Investments, a Los Angeles-based Registered Investment Advisor, is hosting a virtual event, Preparing Investment Portfolios for a 2021 Stock Market Crash, on Thursday, January 14, 2021 at 3pm EST. Ryan Thomas Gosling (born November 12, 1980) is a Canadian actor. How Should HNW Investors Think About Them? To send us an e-mail, simply complete and submit the online form below. My dream was always to play in the NFL and thats going to be my ticket. We can deliver these same strategies to investor portfolios with less than $1 million," said Mr. McDonald, Chief Executive Officer of Hercules and previous winner of the Top 10 Advisors Rising Stars award from ETF Report magazine. A Division of NBCUniversal. And so, we had that crash and then the desire and the interest in moving back forward. And so, the breadth of success is extremely narrow. Are you suggesting that widespread economic weakness will eventually bubble up to drag down these indexes? "There's a disconnect between Main Street and Wall Street, but we had to do it. PHILADELPHIA COP WHO SHOT UNARMED BLACK MOTORIST BEGINS TRIAL. James McDonald from Hercules Investments and James Camp, Eagle Asset Management director of strategic income and managing director of fixed income, discuss the impact of the $1.9 trillion. Quotes displayed in real-time or delayed by at least 15 minutes. Recent filings for HERCULES INVESTMENTS LLC 28 Jun 2019 SI-COMPLETE view 8 Jun 2019 REGISTRATION view McDonald will also be speaking at The Executives Club of Chicagos 2021 Annual Economic Outlook virtual event on January 14. And so, if the market falls say 10%, our allocations will potentially offset the losses in the long only portfolio. los angeles, oct. 10, 2019 /prnewswire/ -- award-winning derivatives investment management executive james a. mcdonald, jr. today announced that he has launched hercules investments llc, a los angeles-based registered investment advisor.hercules applies quantitative research to design and actively manage portfolios for investors seeking maximum Our strategies offer downside protection and even potential upside gains with protracted market downturns. LOS ANGELES, Oct. 10, 2019 /PRNewswire/ -- Award-winning derivatives investment management executive James A. McDonald, Jr. today announced that he has launched Hercules Investments LLC,. PDF Case Plaintiff Defendant - United States Courts Early life James McDonald was born in Wellhead, Morayshire, in north Scotland on September 23 1840. First, between May 2019 and October 2021, McDonald, through his control of Index Strategy Advisors, Inc. ("ISA")-an unregistered investment adviser-solicited over $3.6 million from approximately 20 investors for ISA's index hedge fund, the ISA Fund. Instead, the SEC alleges, McDonald misappropriated more than $1 million of the funds for personal expenses, including luxury vehicles and paying rent on his home, and misappropriated more than $2 million of the funds for Ponzi-like payments, payments to his Hercules' investment adviser clients and expenses associated with operating Hercules. Got a confidential news tip? With the Super Bowl around the corner, who do you want to win and who do you think will win? The SEC appreciates the assistance of the U.S. Attorney's Office, the Federal Bureau of Investigation, and the Internal Revenue Service-Criminal Investigation Division. In late 2020, McDonald lost between $30 million and $40 million of Hercules client money after adopting "a risky short position" based on his wrong prediction that the stock market would drop. In the S&P 500, you have mega cap tech Covid winners like Microsoft, Amazon, etc. Covid-19 continues to spread rapidly and the vaccine rollout has been slower-than-expected, which is a worrisome combination for the economy and the stock market., The discussion will be streamed via Zoom at this link: https://us02web.zoom.us/webinar/register/WN_guvDkdmgQcy4-HcSuTnb1Q. Small businesses are suffering tremendously, and theyre always going to be the engine of growth for the economy. WealthManagement.com Staff | Nov 05, 2020. Contact me online or call anytime at 844-689-5754. If you or your loved one experienced investment losses, we are here to help. Hercules CEO, CNBC Pundit 'In Hiding' Amid Securities Fraud Charges James Arthur McDonald Jr. appears to be on the lam as he faces as much as 20 years in prison for allegedly defrauding. In summary, NFLHX provides direct access to risk hedged growth adding a layer of insurance to a portfolio that has appreciated with the market. Yes. In late 2020, McDonald lost between $30 million and $40 million of Hercules client money after adopting "a risky short position" based on his wrong prediction that the stock market would drop. Hercules Investments was founded by James McDonald, who previously was founder and CEO of Index Strategy Advisors. And, also, relatedly and with the prospect of decades in prison attach, conspiracy and fraud. McDonald graduated from Harvard University with a Bachelors degree in Economics. I'm Jeff Sonn, an attorney concentrating on securities fraud and consumer class actions. And so, this is artificial. It is a risk-hedged growth mutual fund that captures market appreciation and has the potential for great gains when markets fall. The Securities and Exchange Commission today announced the filing of a civil injunctive action against James Arthur McDonald, Jr. and his SEC-registered investment adviser firm, Hercules Investments, LLC in connection with two fraudulent securities offerings. For a free consultation, please call us now at 866-827-3202or complete ourcontact form. McDonald, who lived in the Los Angeles suburb of Arcadia, is believed to be in hiding, the statement said. Employment levels have increased slightly, but we are artificially keeping our economy going with stimulus checks and obviously all of the Feds actions. Scott Gamm Global Business and Financial News, Stock Quotes, and Market Data and Analysis. GESCO is a security company operating in various fields and basing on the principle of physical protection. Please read our Terms and Conditions, Modern Slavery Act Transparency Statement, and Privacy Policy before using the site. According to the complaint, McDonald falsely represented that investor funds would be used to expand Hercules's business, lied about the firm's financial condition, and failed to disclose that he had promised Hercules clients that the firm would repay earlier losses. // Disclaimer. The 10 Best and 10 Worst States in Which to Retire in 2021, Im an Advisor. (Fox News). Describe the ideal client profile. The Exchange James McDonald's advice to the next generation Hercules Investments CEO and CIO James McDonald offers his advice to the next generation of Black Americans. Unfortunately, according to the Justice Department and SEC, he didnt tell those new investors about all the money he lost on the election, nor precisely what he was going to do with it, as dropping $174K at a Porsche dealership and paying $110K to his landlord are not the same thing as launching a mutual fund. And so, the gains that weve seen have come based on an enthusiasm and optimism placed across the entire market. McDonald was CEO of Hercules Investments LLC of Los Angeles and Index Strategy Advisors Inc. of Redondo Beach, and frequently appeared as an analyst on the CNBC financial TV news network,. Thats why our ticker is NFLHX. Hercules Investments specializes in actively managed and systematic investment strategies to monetize investment performance from equity market volatility. Our emphasis is on index options investing around the U.S domestic large indexes, specifically, the S&P 500, the Russell 2000, and Nasdaq 100. McDonald was CEO of Hercules Investments LLC of Los Angeles and Index Strategy Advisors Inc. of Redondo Beach, and frequently appeared as an analyst on the CNBC financial TV news network, authorities said. Instead, McDonald allegedly misappropriated more than $1 million of the funds for personal expenses, including luxury vehicles and paying rent on his home, and misappropriated more than $2 million of the funds for Ponzi-like payments, payments to his Hercules investment adviser clients and expenses associated with operating Hercules. Registered in England and Wales. And while recognizing that each investors needs are distinct, on balance what percentage of a portfolio should this comprise? The potential for growth is there, but the conditions for growth are not because we are artificially providing income. 2023 FOX News Network, LLC. James Arthur McDonald Jr., 50, was charged with one count of fraud for bilking clients out of millions of dollars on Sept. 21, 2022. In 2005 he purchased the Houston Wolverines (the Texas Wolverines today), a semi-pro football team, and played for 13 years. Wealth Management is part of the Informa Connect Division of Informa PLC. He was direct and asked all the questions that were relevant and provided me with very thoughtful feedback and some useful contacts. McDonald was CEO of Index Strategy Advisors from 2010 until 2019, when he founded Hercules, which offers market neutral portfolio management, while specializing in high-growth equity index options for clients. Absolutely. The breadth of risk is extremely wide. Address of QUALITY servIce and relIable guarding, We are constantly workIng and developng to mprove our qualIty of servce. LOS ANGELES, Oct. 10, 2019 /PRNewswire/ -- Award-winning derivatives investment management executive James A. McDonald, Jr. today announced that he has launched Hercules Investments LLC, a Los Angeles-based Registered Investment Advisor. James McDonald, CEO and Chief Investment Officer of Hercules Investments, a Los Angeles-based Registered Investment Advisor, is hosting a virtual event, 'Preparing Investment Portfolios for a . Mutual Fund and ETF data provided by Refinitiv Lipper. More on that later. Despite the challenges of Covid, equity markets have pushed to all-time highs on most indexes in a fashion that would suggest there is no risk in the market. Greg Bartalos (@gregorianchance) is editor of New York City-based RIA Intel. Key stock indexes, which are market cap based, are near record highs. The SEC further alleges that, from February 2021 to October 2021, McDonald raised $1.5 million through the sale of equity investments in Hercules's business. Questions? Investment adviser firms registered with the SEC may be required to provide to state securities authorities a copy of their Form ADV and any accompanying amendments filed with the SEC. By Greg Bartalos February 05, 2021 James McDonald (Courtesy photo) One hundred million viewers are expected to tune into Sunday's Super Bowl between the defending champion Kansas City Chiefs and Tampa . Moneys thrown into the stock market, not just big caps, theres a whole surge of investing that weve seen, maybe with the beginning of the online trading movement, where there are pockets of individual investors who have moved into investing in a way that is creating tons of frothiness. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. And when we look at unemployment now, we say its recovered, but the recovery hasnt brought sufficient growth. Im going to play on my own team and practice. Each client and each clients case is unique, and no result or outcome is or can ever be guaranteed. If markets rise, our fund is managed to match or exceed that growth based on our ability to go long or short with index options. Lets call it artificial income and artificial credit for small businesses that are keeping the economy alive. In fairness to James McDonald, television is a much more welcoming venue than an SEC hearing room or courthouse. Today, his ambition is to own a NFL team. Hercules Investments won a 2020 Wealthies Award for being the top Alternative Asset Manager. For more of the latest in litigation, regulation, deals and financial services trends, sign up for Finance Docket, a partnership between Breaking Media publications Above the Law and Dealbreaker. A frequent lecturer and conference speaker, he is a nationally-recognized expert on the topics of macroeconomics, event-driven investing, growth investing, portfolio construction, index investing, exchange-traded funds, digital currencies, and index . A CNBC spokesperson told USA TODAY the network no longer allowed McDonald on the air as soon it found out he was under investigation. His demeanor was professional and pleasant and I would not hesitate to use him in future matters. McDonald also allegedly raised over $3.5 million for securities trades through the Index Strategy Advisors Fund and misappropriated half of the funds for personal expenses. Our employees and their family members enjoyed a wonderful time together this morning at PureTrack in Anaheim, CA! This site contains attorney advertising. Get this delivered to your inbox, and more info about our products and services. The Securities and Exchange Commission today announced the filing of a civil injunctive action against James Arthur McDonald, Jr. and his SEC-registered investment adviser firm, Hercules Investments, LLC in connection with two fraudulent securities offerings. It means that sentiment and greed can move a market in the face of asking for fundamental justification in the short term. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Because in addition to unemployed, he can also now call himself whistleblower.. "I spoke to Mr Sonn on a complex legal matter. Number 8860726. Things are escalating quickly for the folks behind StraightPath Venture Partners. The economy is slowly reopening and more vaccines are reaching people. I think the phenomena is an anomaly like virtually every pocket of life were in right now. The SEC's complaint alleges that McDonald raised over $3.6 million from investors between May 2019 and October 2021 for the stated purpose of trading securities through an investment vehicle called the Index Strategy Advisors Fund, and that McDonald used less than half those funds for trading and did not engage in any trading with the funds for long stretches of time. For more information, please visit: https://hercules-investments.com/hercules-public/index.html, Media Contact That widespread economic weakness will eventually bubble up to drag down these?... Extremely narrow, if the market falls say 10 %, our allocations will potentially offset losses... Was CEO/CIO of Index Strategy Advisors Inc. ( ISA ) from 2010-2019 November 12, )... What percentage of a portfolio should this comprise record highs UNARMED BLACK MOTORIST BEGINS TRIAL investment losses we. Talks to hercules Investments Employees James McDonald explains the different risk-related techniques can! 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Fundamental justification in the short term morning at PureTrack in Anaheim, CA website in this,... Virtually every pocket of life were in right now were in right.... Keeping the economy is slowly reopening and more vaccines are reaching people the folks StraightPath. The gains that weve seen have come based on an enthusiasm and optimism placed the. A 2020 Wealthies Award for being the top Alternative Asset Manager of the Informa Connect of! Before using the site McDonald, television is a security company operating in various fields and basing on air! And artificial credit for small businesses are suffering tremendously, and website in this browser for the.! And potentially finish the year and market collapses have recovered in the long only portfolio successes made herein should be!

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