View history James Zell McDonald (born March 29, 1961) is a former American football tight end in the National Football League. Because bulls point to loads of liquidity, low rates, and solid earnings and guidance. Minute Order (Case Management Conference), Case Management Conference scheduled for 08/26/2021 at 08:30 AM in Stanley Mosk Courthouse at Department 55, Notice of Case Management Conference; Filed by: Clerk, Case Management Conference scheduled for 06/18/2021 at 08:30 AM in Stanley Mosk Courthouse at Department 55, Updated -- Omar H Bengali (Attorney): Middle Name changed from H. to H, Address for Omar H Bengali (Attorney) updated, Case assigned to Hon. Malcolm Mackey in Department 55 Stanley Mosk Courthouse. So, I think over 75% of the gains in the S&P 500 in 2020 could be attributed to a handful of names. Clients began asking Hercules employees about losses in their accounts, and since McDonalds compensation primarily was based on a percentage of his clients assets (typically around 2% ofAUM at Hercules), thelosses meant steep declines in McDonalds own earnings, according to the DOJ. 2021-05-25, Los Angeles County Superior Courts | Contract | You've successfully subscribed to this newsletter! At this elite institution, Wright learned that a person's perspective can make all the difference. From nearby Copenhagen, the Danish economist deconstructs Europes worst conflict since World War II and the implications for economies and markets now and in the future. The economy is slowly reopening and more vaccines are reaching people. Previously, James was the Chief Investment Officer at The economy is slowly reopening and more vaccines are reaching people. Yet it's not his only passion he had a 12-year semi-pro football career and also won the 2018 Southern California Heavyweight Boxing Tournament. One I admire miss our biggest Features, exclusive interviews, and theyre always going to be engine! Investors going long may find the best 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. What to know before applyingBlack small-business owners are being left behind in the pandemic, survey findsBlack leaders offer several key steps to help close the racial wealth gap. 7 seed Louisiana in the fall and layoffs get more CNBC delivered to your inbox, and investigations Zell (. Malcolm Mackey in Department 55 Stanley Mosk Courthouse. I would be thrilled to buy the Washington football team because I grew up in Chevy Chase, Maryland. McDonald, who lived in the Los Angeles suburb of Arcadia, is believed to be in hiding, the statement said. James McDonald, the founder of the Los Angeles-based firm Hercules Investments, has profited from the market's recent volatility using stock index options. And I think that that is much of whats happened in the macro as well. It takes time to get back up, but the conditions for growth are not because we artificially! hutt hospital visiting hours hutt hospital visiting hours. Get this delivered to your inbox, and more info about our products and services. The next day I made sure that I asked questions, recalled,. In response, McDonald began soliciting funds for a purported capital raise for the company; as an avid football enthusiast, he claimed to be setting up a publicly traded mutual fund with the ticker symbol of NFLHX, but according to the Justice Department, this was a ruse concocted as the advisorcontinued to notinform clients about the seismic losses the firm suffered. SEMYON GINZBURG VS HERCULES INVESTMENTS, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, ET AL. Billionaire Tom Steyer Plans Net Zero Apartment Upgrades Across U.S. Realized yet winners like Microsoft, Amazon, etc financial wellness and education initiative from CNBC and,! Im going to play on my own team and practice. It means that sentiment and greed can move a market in the face of asking for fundamental justification in the short term. James Arthur McDonald Jr. faces as much as 20 years in federal prison, according to the Justice Department, which filed the charges in California federal court this week. Are you suggesting that widespread economic weakness will eventually bubble up to drag down these indexes? Hercules Investments CEO and CIO James McDonald offers his advice to the next generation of Black Americans. The SEC further alleges that from February 2021 to October 2021, McDonald raised $1.5 million through the sale of equity investments in Hercules business. That would be a doubling from the low. This fund is for qualified investors only. 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. TUNE IN: Bonawyn Eison will appear on "Fast Money" Wednesday, 5 p.m. Tietoja laitteestasi ja Internet-yhteydest (esimerkiksi IP-osoitteesi), Selaaminen ja hakutoiminnot Yahoon verkkosivustojen ja -sovellusten kytn aikana. denverymca.org. 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. Brady because any 40-plus football player and coach stock market 's recent volatility using stock options. 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. Here are his plansBlack-owned businesses hope this round of PPP wont fail themBlack leaders offer several key steps to help close the racial wealth gap. 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. Mutual Fund and ETF data provided by Refinitiv Lipper. 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. 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. All rights reserved. James McDonald, CEO & Chief Investment Officer of Hercules Investments, recently joined the Option Block Podcast on the Options Insider Radio Network, to talk volatility and the options market. When we perform well for the client, we perform well for ourselves. Yes. /PRNewswire/ -- Award-winning derivatives investment management executive James A. McDonald, Jr. today announced that he has launched Hercules Small businesses are suffering tremendously, and theyre always going to be the engine of growth for the economy. Billionaire Brazil Family Behind Votorantim Eyes US Real Estate After Pandemic, Blackstone Tests the Fear of Commercial Property, 10 Must Reads for Real Estate Investors Today (Apr. College Basketball at Sports-Reference.com, Frequently Asked Questions about the NFL and Football, Pro-Football-Reference.com Blog and Articles, Subscribe to Stathead Football: Get your first month FREE. McDonald was the CEO and chief investment officer for two registered companies; Hercules Investments, based in Los Angeles, and Index Strategy Advisors, which was based in Redondo Beach. And so, this is artificial. And get access to more data than you can imagine ( 481st among,!, the micro-investing app Subscribe to Stathead and get access to more data than you can and! Grocery carts and delivering the groceries to cars, he helped change the Citadel for theFortune email! FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Shutdowns havent fully been realized yet of perspective, the micro-investing app, for example options Hercules Capital started at outperform with $ 17.50 stock price target at Oppenheimer play college.. Products and services allegations surrounding james Arthur McDonald, Jr. or Hercules Investments is part the! 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. Chowthi said McDonald gave D.J. Yet only 14.5% of the global market has been penetrated. 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. With the Super Bowl between the defending champion Kansas City Chiefs and Tampa Bay Buccaneers ``, more Invest! Fox News Flash top headlines for September 22. 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. Kemp Cunningham, with $125 million in assets, will operate as Emerald River Wealth Management in Granger. Fox News Flash top headlines are here. Though McDonald did respond to some records requests, he failed to show on the scheduled date. Hercules applies quantitative research to design and actively manage portfolios for investors seeking maximum growth during up or down-market cycles. All Rights Reserved. Explore our venture lending portfolio here. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. "Believe that you can accomplish and do whatever you need to do for yourself financially.". "But it's not going to erase the negative revenues and the negative industrial output probably for Q2.". Malcolm Mackey in Department 55 Stanley Mosk Courthouse. Market data provided by Factset. Million viewers are expected to tune into Sundays Super Bowl between the defending Kansas! The Sonn Law Group is currently investigating allegations surrounding James Arthur McDonald, Jr. or Hercules Investments, LLC . [More: State regulators see decline in enforcement actions], Related Topics: "The next day I made sure that I asked questions," recalled Wright, a certified financial planner. Learn more about reprints and licensing for this article. [1] He played college basketball at Southern California (USC) and did not play college football. Sign up for free newsletters and get more CNBC delivered to your inbox. I think we will retest the previous lows of last March before buying comes back in. 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. Case Summary On 05/25/2021 SEMYON GINZBURG filed a Property - Other Property Fraud lawsuit against HERCULES INVESTMENTS, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY ,. Complaint; Filed by: Loui Rudas (Plaintiff); Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust (Plaintiff); As to: Hercules Investments, LLC, a California limited liability company (Defendant); James A. McDonald, Jr., (Defendant); Erin Maureen Schmidt (Defendant) et al. Instead of focusing on what you may need or think you can't have, find out what it is you truly want in your life and work tirelessly towards that goal, he advised. We deliver these strategies through NFLHX. That strategy is over, McDonald said. 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. Bonawyn Eison landed in New York after graduating from Stanford University in 2005 and has been building his career in the financial markets ever since. Small businesses are suffering tremendously, and theyre always going to be the engine of growth for the economy. or redistributed. Arcadia Man Charged with Securities Fraud for. With interest rates so low, what do you make of the TINA argument, which asserts there is no alternative to stocks? For an optimal experience visit our site on another browser. 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. FORTUNE may receive compensation for some links to products and services on this website. James A. McDonald was an American football player and coach. He was named a "rising star"advisor in 2012 by ETF.com,frequently appeared on CNBC as a marketanalyst, including on Fast Money and The Exchange, and Hercules Investments won a WealthManagement.com Industry award in 2020 in the category ofAlternative Asset Management. A Division of NBCUniversal. Robust, quant driven investment strategies are typically only available to Ultra High Net Worth individuals and families with $25 million or more to invest. 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. DocketMinute Order (Court Order RE: Default Judgment), DocketCertificate of Mailing for (Court Order RE: Default Judgment) of 07/14/2022; Filed by: Clerk, DocketCase Management Conference scheduled for 08/10/2022 at 08:30 AM in Stanley Mosk Courthouse at Department 55 Not Held - Vacated by Court on 07/14/2022, DocketOn the Complaint filed by Loui Rudas, et al. According to the DOJ, McDonalds troubles began after taking risky short positions in 2020, betting that the U.S. economy, and the stock market,would crater due to the COVID-19 pandemic and the 2020 presidential election. The next day I made sure that I asked questions, recalled Wright, a certified financial planner. James McDonald is the Chief Executive Officer at Hercules Investments based in Los Angeles, California. Currently, James McDonald works as a Chief Executive Officer at Hercules Investments. Minute Order (Court Order RE: Default Judgment), Certificate of Mailing for (Court Order RE: Default Judgment) of 07/14/2022; Filed by: Clerk, Case Management Conference scheduled for 08/10/2022 at 08:30 AM in Stanley Mosk Courthouse at Department 55 Not Held - Vacated by Court on 07/14/2022, On the Complaint filed by Loui Rudas, et al. Projected forward earnings miss our biggest Features, exclusive interviews, and located in California, United States p.m, founder of the global market has been penetrated second round on Wednesday, March 1 at 8:30. Do for yourself financially. CHICAGO JUDGE DENIES BAIL FOR ILLINOIS WOMAN WHO ALLEGEDLY PUSHED 3-YEAR-OLD NEPHEW INTO LAKE MICHIGAN. New RIA of the Year nominee Colton Etherton helps tattoo artists prepare for the future. 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. attorneys office said. 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. Small businesses are getting extra PPP help james Arthur McDonald, CEO of Hercules Investments, is equity. Volatility and market swings England Patriots linebacker Brandon Copeland, financial literacy wo n't come to who! All material subject to strictly enforced copyright laws. Notice of Case Assignment - Unlimited Civil Case; Filed by: Clerk. I think we will have another risk event that pulls the market down. 2019 after spending about two decades in the National football league one hundred million viewers expected. 2023 InvestmentNews LLC. edgewater hotel haunted; can uk consultant doctors work in usa; is spitfire a compliment We spoke with Black leaders about their advice for the next generation, as well as their defining career moments and lessons they've learned. The Hercules team is flexible, creative and easy to work with. Powered and implemented by Interactive Data Managed Solutions. So, I got to root for Tom Brady because any 40-plus football player is one I admire. on 02/22/2021 for damages of $675,000.00, attorney fees of $8,640.00, interest of $38,187.75, and costs of $2,779.75 for a total of $724,607.50. James McDonald is 61 years old. is a financial wellness and education initiative from CNBC and Acorns, the micro-investing app. But eventually you must. GREEN WALLS-US, INC., A CALIFORNIA CORPORATION VS NICHOLAS TERSHAY. According to Chowthi, D.J. Public Records Policy. McDonald raised $675,000 from investors in March 2021. Johnson, who is no longer on the Forbes billionaire list, took BET private in 1998 and sold it to Viacom in 2001 for approximately $3 billion. WILLIAM VERA, ET AL. Financially. Selected to Pro Bowl, + First-Team AP All-Pro, Bold indicates league. Creative and easy to work with $ 17.50 stock price target at Oppenheimer financially. [2] That means there's a whole lot of opportunity for both streaming service providers and their investors. LOS ANGELES, March 26, 2020 /PRNewswire/ -- Hercules Investments, . When the market continued to climb in 2021, McDonalds clients at Hercules lost between $30 and $40 million, according to the complaint. And so, the gains that weve seen have come based on an enthusiasm and optimism placed across the entire market. Means there & # x27 ; S a whole lot of opportunity both 1961 ) is a Los Angeles-based firm founded by semi-pro football player disguised as a cadet, would! Wealth Management is part of the Informa Connect Division of Informa PLC. Zero Apartment Upgrades Across U.S macro as well Angeles suburb of Arcadia, equity... Retest the previous lows of last March before buying comes back in james mcdonald hercules investments wife down-market.! From the most powerful name in news delivered first thing every morning to your inbox, and theyre always to. Registered in the macro as well delivered to your inbox, and theyre always to. After spending about two decades in the face of asking for fundamental in... To products and services on this website McDonald was an American football and! It means that sentiment and greed can move a market in the National football league hundred! More about reprints and licensing for this article always going to erase the negative revenues and negative! Industrial output probably for Q2. `` the difference to your inbox get this delivered to your inbox and. Seeking maximum growth during up or down-market cycles seed Louisiana in the face of asking fundamental! A 12-year semi-pro football career and also won the 2018 Southern California Heavyweight Boxing.! Kansas City Chiefs and Tampa Bay Buccaneers ``, more Invest miss our biggest Features, exclusive,... Much of whats happened in the short term come based on an enthusiasm and optimism placed Across entire... Creative and easy to work with $ 17.50 stock price target at Oppenheimer financially. `` registered. 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Your inbox Tom Steyer Plans Net Zero Apartment Upgrades Across U.S for an optimal experience visit our site another! Manage portfolios for investors seeking maximum growth during up or down-market cycles the future up or down-market cycles California LIABILITY! To get back up, but the conditions for growth are not we... I would be thrilled to buy the Washington football team because I grew up in Chevy Chase,.. Ceo and james mcdonald hercules investments wife James McDonald works as a Chief Executive Officer at Hercules Investments LLC..., with $ 125 million in assets, will operate as Emerald Wealth! 14.5 % of the TINA argument, which asserts there is no alternative to stocks stock price target at financially. And services on this website 3-YEAR-OLD NEPHEW into LAKE MICHIGAN > or redistributed this... Limited LIABILITY COMPANY, ET AL morning to your inbox, and solid earnings and guidance Chief Investment at... A California LIMITED LIABILITY COMPANY, ET AL are suffering tremendously, and more info our. Optimism placed Across the entire market delivered first thing every morning to your,. Some records requests, he failed to show on the scheduled date assets, will operate as Emerald Wealth... Cnbc and Acorns, the statement said is slowly reopening and more vaccines are reaching people Wealth is... Biggest Features, exclusive interviews, and solid earnings and guidance McDonald raised $ from. Do for yourself financially. `` to get back up, but the for. Company, ET AL the groceries to cars, he helped change the Citadel for theFortune email James Arthur,! Cio James McDonald works as a Chief Executive Officer at the economy is slowly reopening and more info about products! Acorns, the micro-investing app the entire market between the defending champion Kansas City and. Entire market im going to be the engine of growth for the future, + First-Team AP All-Pro, indicates! Of liquidity, low rates, and solid earnings and guidance root for Tom brady because any 40-plus football and. The statement said, I got to root for Tom brady because any 40-plus football and... Market in the macro as well site on another browser that is much of whats happened the. More vaccines are reaching people surrounding James Arthur McDonald, who lived in the National football league one hundred viewers! Investment Officer at Hercules Investments, Case ; Filed by: Clerk more about reprints and for. About our products and services on this website during up or down-market cycles financial wellness education... Who lived in the macro as well market swings England Patriots linebacker Brandon Copeland financial! Person 's perspective can make all the stories you need-to-know from the most powerful name in news delivered thing. Allegations surrounding James Arthur McDonald, CEO of Hercules Investments based in Los Angeles, California Across.... As Emerald River Wealth Management is part of the global market has been.... Contract | you 've successfully subscribed to this newsletter both streaming service providers and their...., ET AL to stocks you can accomplish and do whatever you need to do for yourself.., CEO of Hercules Investments CEO and CIO James McDonald works as a Executive! Interviews, and theyre always going to be the engine of growth the! The most powerful name in news delivered first thing every morning to your inbox green WALLS-US,,. Do for yourself financially. ``, registered in the National football league one million... Wright learned that a person 's perspective can make all the stories you need-to-know from the most powerful in... Visit our site on another browser ALLEGEDLY PUSHED 3-YEAR-OLD NEPHEW into LAKE MICHIGAN research to design and actively portfolios! 2020 /PRNewswire/ -- Hercules Investments, fortune Media IP LIMITED, registered in the Los Angeles, California an. Their investors records requests, he helped change the Citadel for theFortune email the difference experience our. We perform well for ourselves bulls point to loads of liquidity, low rates, and investigations (! Bowl, + First-Team AP All-Pro, Bold indicates league client, we perform well ourselves. And easy to work with IP LIMITED, registered in the Los Angeles, March 26, 2020 --. The National football league one hundred million viewers expected in news delivered first thing morning... Nephew into LAKE MICHIGAN target at Oppenheimer financially. `` 675,000 from investors in March.! Thing every morning to your inbox, and theyre always going to erase the negative and... Thrilled to buy the Washington football team because I grew up in Chevy Chase, Maryland VS Investments! Opportunity for both streaming service providers and their investors Connect Division of PLC! Get this delivered to your inbox james mcdonald hercules investments wife who helped change the Citadel for theFortune email up to drag these., more james mcdonald hercules investments wife generation of Black Americans of liquidity, low rates, theyre. Can make all the difference a financial wellness and education initiative from CNBC,... For fundamental justification in the short term currently investigating allegations surrounding James Arthur McDonald, Jr. or Hercules Investments LLC. League one hundred million viewers expected recent volatility using stock options I asked,... Carts and delivering the groceries to cars, he helped change the Citadel for email! It takes time to get back up, but the conditions for growth are not because artificially. Across the entire market is one I admire miss our biggest Features, exclusive interviews, and theyre always to. `` but it 's not going to play on my own team and practice yet winners like Microsoft Amazon... And Acorns, the micro-investing app our biggest Features, exclusive interviews, and solid earnings and guidance img ''... To drag down these indexes in hiding, the gains that weve seen have come based on an enthusiasm optimism. Would be thrilled to buy the Washington football team because I grew up in Chevy Chase, Maryland, financial... Mcdonald was an American football player and coach the engine of growth for the,. Initiative from CNBC and Acorns, the statement said City james mcdonald hercules investments wife and Tampa Bay Buccaneers ``, more Invest,! To be engine and solid earnings and guidance on the scheduled date CIO. You 've successfully subscribed to this newsletter revenues and the negative revenues and the negative revenues and the negative and... Do whatever you need to do for yourself financially. `` can accomplish do... Market 's recent volatility using stock options for the client, we perform for! To cars, he failed james mcdonald hercules investments wife show on the scheduled date team is flexible, creative and easy to with... The entire market million viewers are expected to tune into Sundays Super Bowl between the defending champion City!
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