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. According to the. Fri, Feb 12. The 10 Best and 10 Worst States in Which to Retire in 2021, Im an Advisor. 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. "There's a disconnect between Main Street and Wall Street, but we had to do it. I played semi-pro football for 12 years. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Do you still have a 15,000 target on the Dow? 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. Get this delivered to your inbox, and more info about our products and services. "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. Get 5 free searches. So, I got to root for Tom Brady because any 40-plus football player is one I admire. This Book Changed My Life, Fifteen Must-Listen Business Podcasts for Advisors, Celebrity Estates: Jay Leno and Planning for Classic Car Collections. Registered in England and Wales. To send us an e-mail, simply complete and submit the online form below. My dream is to buy an NFL team. Hercules Investments specializes in actively managed and systematic investment strategies to monetize investment performance from equity market volatility. Web page addresses and e-mail addresses turn into links automatically. My intention when I buy my team is to get on the practice field and hit those guys! James McDonald, CEO of Hercules Investments, is using equity index options to profit from an expected surge in volatility and market swings. The Judge overseeing this case is MARGARET MILLER BERNAL. And so, the breadth of success is extremely narrow. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. But stimulating growth is impossible if the economy isnt open. Because in addition to unemployed, he can also now call himself whistleblower.. 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. Quant Research-Driven Investment Strategies For Investors Seeking Active Portfolio Management. The affidavit of service states that the summons and complaint were served on James McDonald by service to Beatriz Lima, "as person in charge of the place of business / authorized to accept service on behalf of Hercules Investments, LLC, a California limited liability company at 1718 18 Harriman Lane, #A, Redondo Beach, CA 90278." The Fund seeks to implement very short-term long and short positions in call and put options on the main US stock . More on that later. 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. 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. 2023 FOX News Network, LLC. Today, James not only discusses all things volatility but also explains different risk-related techniques professionals can use to keep clients comfortable with their portfolios in the market. The fund is for qualified investors only, and as such mimics many of the features of a hedge fund strategy. I would be thrilled to buy the Washington football team because I grew up in Chevy Chase, Maryland. I'm Jeff Sonn, an attorney concentrating on securities fraud and consumer class actions. There are hundreds of companies in the small cap space that dont have the cash to pay their debt. I think the phenomena is an anomaly like virtually every pocket of life were in right now. Please note: We are unable to take cases with losses of less than $50,000. Address of QUALITY servIce and relIable guarding, We are constantly workIng and developng to mprove our qualIty of servce. In the S&P 500, you have mega cap tech Covid winners like Microsoft, Amazon, etc. Small businesses are suffering tremendously, and theyre always going to be the engine of growth for the economy. Or before an SEC investigator. He last appeared on the network in July 2021. Our employees and their family members enjoyed a wonderful time together this morning at PureTrack in Anaheim, CA! So, I think over 75% of the gains in the S&P 500 in 2020 could be attributed to a handful of names. His demeanor was professional and pleasant and I would not hesitate to use him in future matters. James McDonald is a 25-year veteran of the investment industry and was named one of America's top 10 investment advisors by ETF.com in 2012. McDonald will also be speaking at The Executives Club of Chicagos 2021 Annual Economic Outlook virtual event on January 14. 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. Subscribe to RIA Intels thrice-weekly newsletter.]. GESCO combines international experience and quality standards with modern technologies and opportunities and local professional service. Lines and paragraphs break automatically. South Ozone Park, New York, United States View. Yes. Hercules Investments was awarded the WealthManagement.com 2020 Alternative Asset Manager of the year. Now, there are a handful of companies that have flourished in the Covid era, but its a handful of companies. And while recognizing that each investors needs are distinct, on balance what percentage of a portfolio should this comprise? My dream was always to play in the NFL and thats going to be my ticket. Or, you know, anywhere, really. 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 This material may not be published, broadcast, rewritten, or redistributed. 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. The breadth of risk is extremely wide. Because bulls point to loads of liquidity, low rates, and solid earnings and guidance. 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 . In a portfolio with a beta of one, one would enjoy virtually 100% downside protection with an allocation of 15% to the Hercules fund. 4 . 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. And, also, relatedly and with the prospect of decades in prison attach, conspiracy and fraud. 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. Fox News Flash top headlines for September 22. Number 8860726. We deliver these strategies through NFLHX. Get James McDonald's email address (j*****@post.harvard.edu) and phone number (718848..) at RocketReach. All material subject to strictly enforced copyright laws. Wealth Management is part of the Informa Connect Division of Informa PLC. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Save my name, email, and website in this browser for the next time I comment. Hercules Investments' James McDonald explains the different risk-related techniques advisors can use to keep clients comfortable with their portfolios. Ryan Thomas Gosling (born November 12, 1980) is a Canadian actor. All rights reserved. And what were seeing now is bull market enthusiasm and all types of signs of bubbles in asset prices. "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. And so, this is artificial. The SEC's complaint, which was filed in the Central District of California, charges McDonald and Hercules 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. - The dangers of too much fiscal and monetary stimulus 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 . Prominent in independent film, he has also worked in blockbuster films of varying genres, and has accrued a worldwide box office gross of over 1.9 billion USD.He has received various accolades, including a Golden Globe Award, and nominations for two Academy Awards and a BAFTA Award.. Born and raised in Canada, he rose to . 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. Top Hercules Investments Employees James McDonald Chief Executive Officer. The Hercules investment team features investment professionals averaging over 20+ years of experience . He earned a bachelor's degree in economics from Harvard University. 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. Strategy Voice Associates, LLC The case status is Pending - Other Pending. 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 Now he's wanted on fraud charges. The attorneys at ChapmanAlbin are licensed to practice law in Ohio and Michigan. I think we will have another risk event that pulls the market down. He appeared as a financial expert on TV. Mutual Fund and ETF data provided by Refinitiv Lipper. Market data provided by Factset. 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. Legal Statement. Hercules' portfolios are designed to achieve aggressive gains whether markets are rising or falling. https://www.wealthmanagement.com/sites/wealthmanagement.com/files/logos/Wealth-Management-Logo-white.png. "These are incredibly uncertain times for the stock market and for investors," said James. With the Super Bowl around the corner, who do you want to win and who do you think will win? Recent filings for HERCULES INVESTMENTS LLC 28 Jun 2019 SI-COMPLETE view 8 Jun 2019 REGISTRATION view Tune in to discover different ways that Hercules Investments can provide you with overlay strategies while giving you market volatility protection! Required fields are marked *. And when we look at unemployment now, we say its recovered, but the recovery hasnt brought sufficient growth. Its two and 20 (fee arrangement) ensures that our portfolio management is in alignment with the profit objectives of the client. McDonald, who lived in the Los Angeles suburb of Arcadia, is believed to be in hiding, the statement said. (Fox News). Federal prosecutors charged McDonald with one count of. In a parallel action, the United States Attorneys Office for the Central District of California announced criminal charges against McDonald. Unless you are aiming for simultaneous knocks on the door from the FBI, SEC and CFTC. 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. Please read our Terms and Conditions, Modern Slavery Act Transparency Statement, and Privacy Policy before using the site. For more information, please see www.hercules-investments.com, Media Contact: Matt Yemma Peaks Strategies 909-633-9396 [emailprotected], Cision Distribution 888-776-0942 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. 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? Employment levels have increased slightly, but we are artificially keeping our economy going with stimulus checks and obviously all of the Feds actions. 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. "I spoke to Mr Sonn on a complex legal matter. 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