Sign up for free newsletters and get more CNBC delivered to your inbox. My dream is to buy an NFL team. When facing allegations such as these, its best not to be seen on TV. South Ozone Park, New York, United States View. 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. 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. Address of QUALITY servIce and relIable guarding, We are constantly workIng and developng to mprove our qualIty of servce. Hercules Investments was awarded the WealthManagement.com 2020 Alternative Asset Manager of the year. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Get James McDonald's email address (j*****@post.harvard.edu) and phone number (718848..) at RocketReach. 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. Quant Research-Driven Investment Strategies For Investors Seeking Active Portfolio Management. Web page addresses and e-mail addresses turn into links automatically. So, I think over 75% of the gains in the S&P 500 in 2020 could be attributed to a handful of names. The Hercules Fund aims to generate positive returns during times of rising and falling stock markets. Volatility itself could be owned through a number of securities. JAMES A MCDONALD JR Agent Address 1718 HARRIMAN LN, REDONDO BEACH, CA, 90278 Directors / Officers JAMES A MCDONALD JR, agent Registry Page https://bizfileonline.sos.ca.gov/sear. 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. McDonald graduated from Harvard University with a Bachelor's degree in Economics. Which was great for McDonald, because he apparently really muffed the market response to a Joe Biden victory over Donald Trump two years ago: He assumed that the ousting of an incompetent demagogue would tank things. Questions? With interest rates so low, what do you make of the TINA argument, which asserts there is no alternative to stocks? Do you have your eyes on any team per se? "I spoke to Mr Sonn on a complex legal matter. In reality, McDonald used less than half of those funds for trading and did not engage in any trading with the funds for long stretches of time. James McDonald Current Workplace Hercules Investments Location 633 W 5th St Ste 6770, Los Angeles, California, 90071, United States Description Read More Industry Finance General Finance Discover more about Hercules Investments James McDonald Work Experience and Education Work Experience Chief Investment Officer Vishnu Wealth Management 2017-2019 Hercules Investments won a 2020 Wealthies Award for being the top Alternative Asset Manager. (Jun 1986 - Sep 2016) 101 Royal Park Dr. Oakland Park, FL 33309. All Rights Reserved. He was direct and asked all the questions that were relevant and provided me with very thoughtful feedback and some useful contacts. Contact me online or call anytime at 844-689-5754 SEC Charges James Arthur McDonald, Jr. and His SEC-Registered Investment Adviser Firm, Hercules Investments, LLC with Offering Fraudulent Securities Sonn Law Staff Oct 05, 2022 Posted in Investment Loss Investigations # James Arthur McDonald Jr. Hercules offers qualified clients market neutral portfolio management executed primarily through domestic index options. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. James Arthur McDonald Jr., 50, was charged with a single fraud count and could face up to 20 years in prison if convicted, the U.S. attorney's office said in a statement. Thats why our ticker is NFLHX. "Robust, quant driven investment strategies are typically only available to Ultra High Net Worth individuals and families with $25 million or more to invest. GESCO combines international experience and quality standards with modern technologies and opportunities and local professional service. Scott Gamm from 8 AM - 9 PM ET. Registered in England and Wales. Powered and implemented by FactSet Digital Solutions. Our objective is to generate $10 billion for our clients in order for me to buy my football team. 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. Charles Canter will lead the litigation. 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. Furthermore, index options provide compelling risk/return profiles with substantially less risk and volatility than their stock option counterparts.". A conversation about economies, markets, wage inequality, Congress, crypto, and more. McDonald, who faces up to 20 years imprisonment if convicted, is believed to be in hiding, the U.S. Attorneys office said in a news release. 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. Fox News Flash top headlines for September 22. Ryan Thomas Gosling (born November 12, 1980) is a Canadian actor. Key stock indexes, which are market cap based, are near record highs. "In our view, index options are a far more efficient and low- cost way to implement growth strategies for client portfolios compared with using funds or individual stocks. Below are the states with which the firm you selected makes its notice filings. Previously, McDonald was of counsel to Gary, Williams, Parenti, Watson & Gary, P.L.LC. And while recognizing that each investors needs are distinct, on balance what percentage of a portfolio should this comprise? Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. Prosecutors allege that McDonald concealed massive financial losses from some clients and used some investment money for personal expenses, spending some of it at a Porsche dealership and on a website that sells designer menswear. 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. 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. The complaint also alleges that McDonald commingled the investor funds with Herculess assets and his personal assets, and used $440,000 of those funds for personal expenses, including to pay his personal credit card bills. Founded on May 26, 2005, GESCO provides private and corporate security services in various regions of the country including Baku, in accordance with the requirements of ISO 9001, ISO 14001, ISO 45001. Resilience is the name of the game, says Mastercard CEO Michael Miebach, We've seen resilience in the U.S. consumer, says Coca-Cola CEO James Quincey, Illinois Governor JB Pritzker: Crime is coming down gradually in the city and it's getting better, Guggenheim CIO: We are predicting the recession to start mid-year, Moderna CEO: We're preparing our FDA filing for our RSV vaccine. $0 BAHAMAS 386 (SG458) - Alexander Graham Bell (pb10456) Stamps Caribbean Bahamas (1973-Now) Yes. My intention when I buy my team is to get on the practice field and hit those guys! To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. This field is for validation purposes and should be left unchanged. 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. McDonald, who lived in the Los Angeles suburb of Arcadia, is believed to be in hiding, the statement said. Then its fine. 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. The United States Securities and Exchange Commission subpoenaed McDonald to testify before it in November 2021, but - without advance notice - he failed to appear as required. 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. Are you suggesting that widespread economic weakness will eventually bubble up to drag down these indexes? And so, the breadth of success is extremely narrow. And we know that this isnt how a strong economy operates. With this risk in the market, many individual investors have to count on either continued paid stimulus or continued paychecks and loans for small business relief. Save my name, email, and website in this browser for the next time I comment. Or, you know, anywhere, really. Fri, Feb 12. The SEC filed a civil injunctive action against James Arthur McDonald, Jr. and Hercules Investments, LLC in relation to fraudulent securities offerings. Legal Statement. Tune in to discover different ways that Hercules Investments can provide you with overlay strategies while giving you market volatility protection! 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 coronavirus relief package to the stock and bond markets. Now he's wanted on fraud charges. How Hercules Investments capitalizes on systematic volatility; The companys risk-hedging technique designed to help financial advisors and clients; How James McDonalds firm helps financial advisors grow their prospects; Hercules Investments ideal client as those who got aggressive growth goals; Allowed HTML tags: . Arcadia Man Charged with Securities Fraud for Stealing Client Funds and Concealing His Investment Firms Massive Financial Losses [press release]He appeared as a financial expert on TV. It wasn't immediately clear whether he had an attorney who could speak on his behalf. Additionally, McDonald raised $1.5 million through equity investment sales in Hercules business while lying, failing to disclose important facts, and more. *Our firm, in some cases, advance costs and expenses of the case, and in that event, are recovered from the gross recovery of any settlement or verdict. 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. Market data provided by Factset. The United States Securities and Exchange Commission subpoenaed McDonald to testify before it in November 2021, but without advance notice he failed to appear as required. The SECs complaint alleges that McDonald raised over $3.6 million from investors between May 2019 and October 2021, which he told investors would be used to trade securities through an investment vehicle called the Index Strategy Advisors Fund. Of course, we know that theres tremendous risk, not just to our health, but to the sustainability of small businesses, to the credit and economic security of households and to the outlook for how we will move forward past the pandemic. // Disclaimer. And I think that that is much of whats happened in the macro as well. What should advisors know about your firm and how you can help them? Very few recessions and market collapses have recovered in the time period that we saw in 2020. Tax Advantages Are a Selling Point for Investment in CRE. My dream was always to play in the NFL and thats going to be my ticket. And so, the gains that weve seen have come based on an enthusiasm and optimism placed across the entire market. Buckhead Tower, Suite 400 3399 Peachtree Rd. Hercules Investments CEO/CIO James McDonald. I think the phenomena is an anomaly like virtually every pocket of life were in right now. 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. Each client and each clients case is unique, and no result or outcome is or can ever be guaranteed. A CNBC spokesperson told USA TODAY the network no longer allowed McDonald on the air as soon it found out he was under investigation. This site contains attorney advertising. McDonald, who graduated from Harvard University with an economics degree, expects the Dow will tumble more than 50% to 15,000, a prediction he has made several times since March 2020, before surging to new highs this year. - The dangers of too much fiscal and monetary stimulus Lines and paragraphs break automatically. Its not a doomsday picture, but markets are priced right now as if all economic engines are fully up and running. Quotes displayed in real-time or delayed by at least 15 minutes. In the S&P 500, you have mega cap tech Covid winners like Microsoft, Amazon, etc. Please note: We are unable to take cases with losses of less than $50,000. If you or your loved one experienced investment losses, we are here to help. 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 . He last appeared on the network in July 2021. The gap between corporate profits and GDP, or even corporate profits and equity market prices, is wider than its ever been by a long way. 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. 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. To send us an e-mail, simply complete and submit the online form below. Hercules Investments provides a growth option for investors who need gains and growth, but we offer an element of downside risk protection because equity markets are disconnected from what we know is GDP contraction, debt, and all the uncertainty that comes along with a mutating virus. We deliver these strategies through NFLHX. 2023 RIA Intel, an Institutional Investor Publication. The PE has risen by about 50% from a year ago. His demeanor was professional and pleasant and I would not hesitate to use him in future matters. Get 5 free searches. The Hercules investment team features investment professionals averaging over 20+ years of experience . Meanwhile, sophisticated investors including institutional firms, insurance companies, and ultra-high net worth individuals have sought higher returns during growth phases and greater protection during recessionary phases by utilizing derivatives, particularly options," said James McDonald, who also serves as the firm's Chief Investment Officer. The SEC alleges that McDonald commingled the investor funds with Hercules assets and his personal assets, and used $440,000 of those funds for personal expenses, including to pay his personal credit card bills. Im a football player disguised as a portfolio manager. The 10 Best and 10 Worst States in Which to Retire in 2021, Im an Advisor. The complaint also charges McDonald with violating Section 206(4) of the Advisers Act and Rule 206(4)-8 thereunder, which prohibit certain transactions by investment advisers. In summary, NFLHX provides direct access to risk hedged growth adding a layer of insurance to a portfolio that has appreciated with the market. And even still, there is the risk of mutations, the continuation of sickness, hospitalizations, and fear will cause stagnation for the reopening concept. Mutual Fund and ETF data provided by Refinitiv Lipper. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, https://us02web.zoom.us/webinar/register/WN_guvDkdmgQcy4-HcSuTnb1Q, https://hercules-investments.com/hercules-public/index.html. The SECs complaint charges McDonald with violating the antifraud provisions of Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and Sections 206(1) and 206(2) of the Investment Advisers Act of 1940. I really enjoyed speaking with you and appreciate you taking the time. We are able to provide uncorrelated growth, meaning our strategies do not depend on equity markets continuing to rise in order to accomplish gains. Hercules Investments chief investment officer James McDonald used to be a familiar face on CNBC, pontificating about market matters as an expert thereon. In 2005 he purchased the Houston Wolverines (the Texas Wolverines today), a semi-pro football team, and played for 13 years. Subscribe to RIA Intels thrice-weekly newsletter.]. This funds fees accelerate when its performance accelerates. The uncertainty around COVID-19 and risks of rising inflation were the impetus for launching the fund. When we perform well for the client, we perform well for ourselves. McDonald allegedly raised over $5 million and misappropriated funds for personal expenses and Ponzi-like payments. A man who ran two California-based investment companies and frequently appeared as a TV financial news analyst was charged Wednesday with securities fraud for allegedly bilking clients out of millions of dollars, federal prosecutors said. 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. Number 8860726. So, I got to root for Tom Brady because any 40-plus football player is one I admire. Legal Statement. The SEC alleges that McDonald, a former guest commentator on CNBC, raised more than $5.1 million from 23 investors and clients, and misappropriated more than $2.9 million of those funds for personal expenses and Ponzi-like payments to earlier investors. Lets wrap up with football. Do you still have a 15,000 target on the Dow? McDonald graduated from Harvard University with a Bachelors degree in Economics. Subscribe to RIA Intels thrice-weekly newsletter and follow the publication on Twitter and LinkedIn. 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 . The potential for growth is there, but the conditions for growth are not because we are artificially providing income. AssetMark CEO Charles Goldman tells RIA Intel that he is focused on acquisitions, helping advisors, and the long term. Wealth Management is part of the Informa Connect Division of Informa PLC. Hercules Investments was founded by James McDonald, who previously was founder and CEO of Index Strategy Advisors. To be clear, you expect a risk event this year will take the Dow down to 15,000 but by year end it will finish higher than today? The leader of Pershing X explains why her experience, leadership style, and the support of BNY Mellon, have positioned the new venture to disrupt how wealth managers do business. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. No, Brent Kovars mother didnt have an artificial intelligence supercomputer in her basement, the SEC says. So, common sense would say, what changed in one year for a 50% premium in a market that most people would agree has been propelled with no monetary policy and stimulus? 2023 FOX News Network, LLC. And so, if the market falls say 10%, our allocations will potentially offset the losses in the long only portfolio. The CEO and chief investment officer of Hercules Investment, a Los Angeles-based RIA, saw his college football career cut short by a catastrophic knee injury that sidelined him for 15 years. In a parallel action, the United States Attorneys Office for the Central District of California announced criminal charges against McDonald. Contact our office today to discuss your case. Hercules' portfolios are designed to achieve aggressive gains whether markets are rising or falling. I think all the equity markets are so overstretched that when a risk element enters the market, the selling will be violent and accelerated. https://www.wealthmanagement.com/sites/wealthmanagement.com/files/logos/Wealth-Management-Logo-white.png. The complaint also charges McDonald with violating Section 206(4) of the Advisers Act and Rule 206(4)-8 thereunder, which prohibit certain transactions by investment advisers. Im going to play on my own team and practice. or redistributed. One hundred million viewers are expected to tune into Sundays Super Bowl between the defending champion Kansas City Chiefs and Tampa Bay Buccaneers. Our strategies offer downside protection and even potential upside gains with protracted market downturns. McDonald will discuss why investors should be prepared for a looming 2021 stock market crash, after an unprecedented stock market surge since the March 2020 Covid-19-driven stock market lows. RIA Intel is part of the Euromoney Institutional Investor PLC group. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Our ability to monetize volatility is exceptional as evidenced by our winning WealthManagement.coms 2020 Wealthies Award as top Alternative Asset Manager. Check out what's clicking on Foxnews.com. James McDonald, CEO and Chief Investment Officer of Hercules Investments, will serve as Portfolio Manager of the Hercules Fund. We do this because we invest in index options, which give us the flexibility to purchase contracts that rise in value when markets fall and to own very misunderstood and often overlooked asset class volatility. Hercules Investments was founded by James McDonald, who previously was founder and CEO of Index Strategy Advisors. 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 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. Contact me online or call anytime at 844-689-5754. This field is for validation purposes and should be left unchanged. For more information, please see www.hercules-investments.com, Media Contact: Matt Yemma Peaks Strategies 909-633-9396 [emailprotected], Cision Distribution 888-776-0942 - Why volatility as an asset class is key for 2021, Its important for investors to be prepared for stock market volatility, as the economic outlook remains fragile in 2021, McDonald said. These filings are called "notice filings". GESCO is a security company operating in various fields and basing on the principle of physical protection. And when we look at unemployment now, we say its recovered, but the recovery hasnt brought sufficient growth. The attorneys at ChapmanAlbin are licensed to practice law in Ohio and Michigan. The Sonn Law Group is currently investigating allegations surrounding James Arthur McDonald, Jr. or Hercules Investments, LLC. Powered and implemented by FactSet Digital Solutions. Our specialization in volatility is what sets us apart because there are many funds and strategies which offer potential gains in a declining market, but as passive indexes or passive strategy, they are bound to lose money when markets are flat or rising. We are partnering with Nasdaq to put Nasdaq 100 Volatility Index (VOLQ) into our portfolio in a way where investors who have realized great gains from tech can rest assured knowing that in the event of a potential market downturn, our fund will be able to sustain the impact of a declining market and should provide upside. Because in addition to unemployed, he can also now call himself whistleblower.. James McDonald from Hercules Investments, and James Camp, Eagle Asset Management director of strategic income and managing director of fixed income, join 'The Exchange' to discuss the impact . Hi, James. Absolutely. Youre describing a giant disconnect between the markets and small businesses that are in a world of hurt. With only a few times in history have we had a gap even approaching these levels of GDP growth, equity market prices, corporate profits, equity market prices and PE ratios. I'm Jeff Sonn, an attorney concentrating on securities fraud and consumer class actions. It takes time to get back up, but we have had renewed waves of lockdowns in the fall and layoffs. We fight to level the playing field between large corporations and the public investor. Accounting and Auditing Enforcement Releases. Hercules Investments specializes in actively managed and systematic investment strategies to monetize investment performance from equity market volatility. Unlike hedge funds, however, a mutual fund is accessible to individual investors and their advisors in a very transparent package. The breadth of risk is extremely wide. 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 In a portfolio with a beta of one, one would enjoy virtually 100% downside protection with an allocation of 15% to the Hercules fund. All material subject to strictly enforced copyright laws. The equity markets have behaved puzzlingly well in 2020 with the backdrop of a global pandemic and lots of uncertainty around the evolution of the coronavirus and its impact on small businesses, households, and way of life. Arcadia Man Charged with Securities Fraud for Stealing Client Funds and Concealing His Investment Firms Massive Financial Losses.
Steven Universe: The Return 2022,
Sonarr, Radarr, Jackett Plex,
Articles J