When typing in this field, a list of search results will appear and be automatically updated as you type. (Jun 1986 - Sep 2016) 101 Royal Park Dr. Oakland Park, FL 33309. $0 BAHAMAS 386 (SG458) - Alexander Graham Bell (pb10456) Stamps Caribbean Bahamas (1973-Now) He was direct and asked all the questions that were relevant and provided me with very thoughtful feedback and some useful contacts. Because bulls point to loads of liquidity, low rates, and solid earnings and guidance. 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. James Arthur McDonald Jr., 50, was charged with one count of fraud for bilking clients out of millions of dollars on Sept. 21, 2022. PDF Case Plaintiff Defendant - United States Courts Early life James McDonald was born in Wellhead, Morayshire, in north Scotland on September 23 1840. Federal prosecutors charged McDonald with one count of. Fri, Feb 12. scott@strategyvoiceassociates.com, Internet Explorer presents a security risk. Describe the ideal client profile. And debt has spiraled over 50% higher to GDP than where we were last year this time. 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. 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. 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. 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. McDonald falsely represented that investor funds would be used to expand Herculess business, lied about the firms financial condition, and failed to disclose that he had promised Hercules clients that the firm would repay earlier losses. Hercules Investments was founded by James McDonald, who previously was founder and CEO of Index Strategy Advisors. NE Atlanta, GA 30326 *by appointment only. Required fields are marked *. Mutual Fund and ETF data provided by Refinitiv Lipper. For more information, please see www.hercules-investments.com, Media Contact: Matt Yemma Peaks Strategies 909-633-9396 [emailprotected], Cision Distribution 888-776-0942 from 8 AM - 9 PM ET. Also on Wednesday, the U.S. Securities and Exchange Commission filed a civil complaint charging McDonald and Hercules with violations of federal securities law. All rights reserved. Registered in England and Wales. Recent filings for HERCULES INVESTMENTS LLC 28 Jun 2019 SI-COMPLETE view 8 Jun 2019 REGISTRATION view His demeanor was professional and pleasant and I would not hesitate to use him in future matters. It means that sentiment and greed can move a market in the face of asking for fundamental justification in the short term. 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' portfolios are designed to achieve aggressive gains whether markets are rising or falling. [USA Today]. I think all the equity markets are so overstretched that when a risk element enters the market, the selling will be violent and accelerated. 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. 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. The fund is for qualified investors only, and as such mimics many of the features of a hedge fund strategy. Lets start with your macro view. Scott Gamm McDonald, who lived in the Los Angeles suburb of Arcadia, is believed to be in hiding, the statement said. This Book Changed My Life, Fifteen Must-Listen Business Podcasts for Advisors, Celebrity Estates: Jay Leno and Planning for Classic Car Collections. And weve seen, recent examples of how the concentrated energy of small investors can make headlines. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. Quotes displayed in real-time or delayed by at least 15 minutes. 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. 2023 FOX News Network, LLC. Thats why our ticker is NFLHX. You can reach us by phone at 844-689-5754 or via e-mail. 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 The Fund seeks to implement very short-term long and short positions in call and put options on the main US stock . Im going to play on my own team and practice. It wasn't immediately clear whether he had an attorney who could speak on his behalf. 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? McDonald graduated from Harvard University with a Bachelor's degree in Economics. These filings are called "notice filings". Do you still have a 15,000 target on the Dow? McDonald graduated from Harvard University with a Bachelors degree in Economics. 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,. Or, you know, anywhere, really. I played semi-pro football for 12 years. - Strategies to profit from a stock market decline 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. 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. 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. Whats the bear case predicated on? My intention when I buy my team is to get on the practice field and hit those guys! All rights reserved. The SEC filed a civil injunctive action against James Arthur McDonald, Jr. and Hercules Investments, LLC in relation to fraudulent securities offerings. 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. South Ozone Park, New York, United States View. Top Hercules Investments Employees James McDonald Chief Executive Officer. Hercules Investments won a 2020 Wealthies Award for being the top Alternative Asset Manager. 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. 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. Furthermore, index options provide compelling risk/return profiles with substantially less risk and volatility than their stock option counterparts.". 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. 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. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. And so, we had that crash and then the desire and the interest in moving back forward. 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. James Arthur McDonald Jr., 50, ran two Los Angeles-based investment firms called Hercules Investments and Index Strategy Advisors. For a free consultation, please call us now at 866-827-3202or complete ourcontact form. 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. 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. On 11/16/2021 HERCULES INVESTMENTS, LLC filed a Contract - Business lawsuit against DANNY MICHAEL CORRAL. Any reference to past cases or successes made herein should not be construed as a guarantee of any future outcome. 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. GESCO is a security company operating in various fields and basing on the principle of physical protection. 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. Quotes displayed in real-time or delayed by at least 15 minutes. McDonald will also be speaking at The Executives Club of Chicagos 2021 Annual Economic Outlook virtual event on January 14. In this virtual event, McDonald shares: - Why the markets are too optimistic about the Covid-19 vaccine I think we will retest the previous lows of last March before buying comes back in. 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. 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. And so, equity market prices are assuming earnings that arent there. Lines and paragraphs break automatically. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Hercules Investments chief investment officer James McDonald used to be a familiar face on CNBC, pontificating about market matters as an expert thereon. Youre describing a giant disconnect between the markets and small businesses that are in a world of hurt. Get James McDonald's email address (j*****@post.harvard.edu) and phone number (718848..) at RocketReach. "Robust, quant driven investment strategies are typically only available to Ultra High Net Worth individuals and families with $25 million or more to invest. Buckhead Tower, Suite 400 3399 Peachtree Rd. 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 . Save my name, email, and website in this browser for the next time I comment. Hercules Investments CEO/CIO James McDonald. Do you have your eyes on any team per se? Unlike hedge funds, however, a mutual fund is accessible to individual investors and their advisors in a very transparent package. Unless you are aiming for simultaneous knocks on the door from the FBI, SEC and CFTC. 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. Below are excerpts from our Jan. 28 discussion, edited for length and clarity. 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 because of the COVID-19 pandemic and the results of the U.S. presidential election, the U.S. attorney's office said. The Sonn Law Group is currently investigating allegations surrounding James Arthur McDonald, Jr. or Hercules Investments, LLC. Having traded more than $10 billion worth of options in his 26-year career, McDonald says speculative excess is rampant, citing bitcoin, the SPAC boom, Reddit/GameStop, and elevated valuations. And so, if the market falls say 10%, our allocations will potentially offset the losses in the long only portfolio. 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. Key stock indexes, which are market cap based, are near record highs. 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. . What should advisors know about your firm and how you can help them? 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." 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 uncertainty around COVID-19 and risks of rising inflation were the impetus for launching the fund. 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 . Wealth Management is part of the Informa Connect Division of Informa PLC. My dream was always to play in the NFL and thats going to be my ticket. The 10 Best and 10 Worst States in Which to Retire in 2021, Im an Advisor. (Fox News). In this episode, David Armstrong, editor-in-chief at WealthManagement.com, talks to Hercules Investments James McDonald. So, I think over 75% of the gains in the S&P 500 in 2020 could be attributed to a handful of names. When facing allegations such as these, its best not to be seen on TV. The Hercules Fund aims to generate positive returns during times of rising and falling stock markets. And I think that that is much of whats happened in the macro as well. On September 21, 2022, the SEC announced charges against James Arthur McDonald, Jr. and his SEC-registered investment adviser firm, Hercules Investments, LLC in connection with two fraudulent securities offerings. If you or your loved one experienced investment losses, we are here to help. According to the. 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,. Got a confidential news tip? McDonald also allegedly raised over $3.5 million for securities trades through . 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: . or redistributed. I use this blog to bring attention to regulatory filings involving financial advisors, current events in securities and cases in the financial services industry, and to help investors understand their rights and options for financial recovery. AssetMark CEO Charles Goldman tells RIA Intel that he is focused on acquisitions, helping advisors, and the long term. The bear case is that the effects of the shutdowns havent fully been realized yet. 165 Broadway 23rd Floor New York City NY, 10006 *by appointment only. This fund is for qualified investors only. 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. 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. The case status is Pending - Other Pending. He last appeared on the network in July 2021. [Like this article? 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. Number 8860726. Fair question. The Hercules investment team features investment professionals averaging over 20+ years of experience .