Address of QUALITY servIce and relIable guarding, We are constantly workIng and developng to mprove our qualIty of servce. 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. 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. So, I think over 75% of the gains in the S&P 500 in 2020 could be attributed to a handful of names. 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. 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.. 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. Our ability to monetize volatility is exceptional as evidenced by our winning WealthManagement.coms 2020 Wealthies Award as top Alternative Asset Manager. To what extent do multiples deserve to be elevated given ultralow interest rates? In a parallel action, the United States Attorney's Office for the Central District of California announced criminal charges against McDonald. 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. If you or your loved one experienced investment losses, we are here to help. scott@strategyvoiceassociates.com, Internet Explorer presents a security risk. 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. For a free consultation, please call us now at 866-827-3202or complete ourcontact form. Things are escalating quickly for the folks behind StraightPath Venture Partners. Its two and 20 (fee arrangement) ensures that our portfolio management is in alignment with the profit objectives of the client. [USA Today]. Hercules' portfolios are designed to achieve aggressive gains whether markets are rising or falling. Mr. McDonald previously was CEO/CIO of Index Strategy Advisors Inc. (ISA) from 2010-2019. 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. (Fox News). 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. For more information, please visit: https://hercules-investments.com/hercules-public/index.html, Media Contact Small businesses are suffering tremendously, and theyre always going to be the engine of growth for the economy. 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. My intention when I buy my team is to get on the practice field and hit those guys! Hercules Investments was founded by James McDonald, who previously was founder and CEO of Index Strategy Advisors. https://www.wealthmanagement.com/sites/wealthmanagement.com/files/logos/Wealth-Management-Logo-white.png. 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. Lets call it artificial income and artificial credit for small businesses that are keeping the economy alive. "There's a disconnect between Main Street and Wall Street, but we had to do it. I think all the equity markets are so overstretched that when a risk element enters the market, the selling will be violent and accelerated. However, as markets continue to thrive, our fund will not follow the path of other downside protection strategies, passive only strategies, which fall precipitously in rising market. The SEC filed a civil injunctive action against James Arthur McDonald, Jr. and Hercules Investments, LLC in relation to fraudulent securities offerings. The uncertainty around COVID-19 and risks of rising inflation were the impetus for launching the fund. PHILADELPHIA COP WHO SHOT UNARMED BLACK MOTORIST BEGINS TRIAL. 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 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. 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. Hercules Investments chief investment officer James McDonald used to be a familiar face on CNBC, pontificating about market matters as an expert thereon. "-Sonn Law Group Client. Please note: We are unable to take cases with losses of less than $50,000. 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 . Get James McDonald's email address (j*****@post.harvard.edu) and phone number (718848..) at RocketReach. And debt has spiraled over 50% higher to GDP than where we were last year this time. 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. A CNBC spokesperson told USA TODAY the network no longer allowed McDonald on the air as soon it found out he was under investigation. 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. These filings are called "notice filings". And so, equity market prices are assuming earnings that arent there. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Accounting and Auditing Enforcement Releases. With the Super Bowl around the corner, who do you want to win and who do you think will win? More on that later. McDonald will also be speaking at The Executives Club of Chicagos 2021 Annual Economic Outlook virtual event on January 14. My dream is to buy an NFL team. 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 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 . 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. To send us an e-mail, simply complete and submit the online form below. The complaint seeks permanent injunctions, disgorgement with prejudgment interest, and civil penalties against McDonald and Hercules. And so, my passion and focus in trading is very personal and Im committed to generating profits for my clients with a motivation that goes far beyond investing. 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. 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. 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. Or before an SEC investigator. I think we will retest the previous lows of last March before buying comes back in. The Hercules investment team features investment professionals averaging over 20+ years of experience . Each client and each clients case is unique, and no result or outcome is or can ever be guaranteed. James McDonald, CEO and Chief Investment Officer of Hercules Investments, will serve as Portfolio Manager of the Hercules Fund. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Or, you know, anywhere, really. Save my name, email, and website in this browser for the next time I comment. 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. 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. My dream was always to play in the NFL and thats going to be my ticket. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. It takes time to get back up, but we have had renewed waves of lockdowns in the fall and layoffs. It wasn't immediately clear whether he had an attorney who could speak on his behalf. NE Atlanta, GA 30326 *by appointment only. "These are incredibly uncertain times for the stock market and for investors," said James. According to the. Your email address will not be published. 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. 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. 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. 2023 Informa USA, Inc., All rights reserved, In this episode, David Armstrong, editor-in-chief at. Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. 2023 FOX News Network, LLC. Strategy Voice Associates, LLC AssetMark CEO Charles Goldman tells RIA Intel that he is focused on acquisitions, helping advisors, and the long term. McDonald also allegedly raised over $3.5 million for securities trades through . Believe It or Not, Its a Great Time To Be a Financial Advisor, Ares Strikes Deal for Office, Naming Rights at Los Angeles Tower, Musks Twitter Sells Off Coffee Makers, Neon Logo in Auction Blitz. The ideal client would have a portfolio of stocks that have appreciated with the market and while offering great growth potential is susceptible to a market downturn. This funds fees accelerate when its performance accelerates. Thats my personal mission. 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 Fund seeks to implement very short-term long and short positions in call and put options on the main US stock . I'm Jeff Sonn, an attorney concentrating on securities fraud and consumer class actions. 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. Hercules Investments specializes in actively managed and systematic investment strategies to monetize investment performance from equity market volatility. 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. 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 . And even still, there is the risk of mutations, the continuation of sickness, hospitalizations, and fear will cause stagnation for the reopening concept. Arcadia Man Charged with Securities Fraud for Stealing Client Funds and Concealing His Investment Firms Massive Financial Losses. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. For investors, & quot ; notice filings & quot ; these are incredibly uncertain times for the District! ; said James I 'm Jeff Sonn, an attorney concentrating on securities fraud and consumer actions... 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