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. Subscribe to RIA Intels thrice-weekly newsletter.]. South Ozone Park, New York, United States View. Get this delivered to your inbox, and more info about our products and services. 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 . 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. 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. And we know that this isnt how a strong economy operates. The breadth of risk is extremely wide. 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. 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. Volatility itself could be owned through a number of securities. Its like a freight train that cant come to an exact halt without a crash. Accounting and Auditing Enforcement Releases. 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. When facing allegations such as these, its best not to be seen on TV. Do you still have a 15,000 target on the Dow? On 11/16/2021 HERCULES INVESTMENTS, LLC filed a Contract - Business lawsuit against DANNY MICHAEL CORRAL. And debt has spiraled over 50% higher to GDP than where we were last year this time. With the Super Bowl around the corner, who do you want to win and who do you think will win? Contact our office today to discuss your case. Tax Advantages Are a Selling Point for Investment in CRE. 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. 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. In the S&P 500, you have mega cap tech Covid winners like Microsoft, Amazon, etc. Market data provided by Factset. The attorneys at ChapmanAlbin are licensed to practice law in Ohio and Michigan. 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. Now, there are a handful of companies that have flourished in the Covid era, but its a handful of companies. Check out what's clicking on Foxnews.com. Hercules Investments' James McDonald explains the different risk-related techniques advisors can use to keep clients comfortable with their portfolios. Mutual Fund and ETF data provided by Refinitiv Lipper. Strategy Voice Associates, LLC The uncertainty around COVID-19 and risks of rising inflation were the impetus for launching the fund. Small businesses are suffering tremendously, and theyre always going to be the engine of growth for the economy. Fox News Flash top headlines for September 22. The bear case is that the effects of the shutdowns havent fully been realized yet. James Arthur McDonald Jr., 50, was charged with one count of fraud for bilking clients out of millions of dollars on Sept. 21, 2022. I think we will have another risk event that pulls the market down. 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? 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,. McDonald also allegedly raised over $3.5 million for securities trades through . Additionally, McDonald raised $1.5 million through equity investment sales in Hercules business while lying, failing to disclose important facts, and more. Then its fine. 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. *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. 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 . Employment levels have increased slightly, but we are artificially keeping our economy going with stimulus checks and obviously all of the Feds actions. [USA Today]. 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. 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. These filings are called "notice filings". 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. 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 . 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 . 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 SEC filed a civil injunctive action against James Arthur McDonald, Jr. and Hercules Investments, LLC in relation to fraudulent securities offerings. 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 This inflation will cause interest rates to rise in the medium term or long term and the necessary pullback in the markets will be a result of investors taking risk off the table. 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. 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. 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. // Disclaimer. "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, equity market prices are assuming earnings that arent there. Greg Bartalos (@gregorianchance) is editor of New York City-based RIA Intel. 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. 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. Also on Wednesday, the U.S. Securities and Exchange Commission filed a civil complaint charging McDonald and Hercules with violations of federal securities law. Im going to play on my own team and practice. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. Top Hercules Investments Employees James McDonald Chief Executive Officer. When we perform well for the client, we perform well for ourselves. 2023 RIA Intel, an Institutional Investor Publication. Powered and implemented by FactSet Digital Solutions. $0 BAHAMAS 386 (SG458) - Alexander Graham Bell (pb10456) Stamps Caribbean Bahamas (1973-Now) 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 Get James McDonald's email address (j*****@post.harvard.edu) and phone number (718848..) at RocketReach. scott@strategyvoiceassociates.com, Internet Explorer presents a security risk. Hercules offers qualified clients market neutral portfolio management executed primarily through domestic index options. RIA Intel is part of the Euromoney Institutional Investor PLC group. 165 Broadway 23rd Floor New York City NY, 10006 *by appointment only. Unless you are aiming for simultaneous knocks on the door from the FBI, SEC and CFTC. The SEC further alleges that, from February 2021 to October 2021, McDonald raised $1.5 million through the sale of equity investments in Herculess business. The S&P 500 is trading at about 23 times projected forward earnings. Our employees and their family members enjoyed a wonderful time together this morning at PureTrack in Anaheim, CA! When typing in this field, a list of search results will appear and be automatically updated as you type. Hercules Investments was awarded the WealthManagement.com 2020 Alternative Asset Manager of the year. Because bulls point to loads of liquidity, low rates, and solid earnings and guidance. . And so, if the market falls say 10%, our allocations will potentially offset the losses in the long only portfolio. With interest rates so low, what do you make of the TINA argument, which asserts there is no alternative to stocks? Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Absolutely. 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. "These are incredibly uncertain times for the stock market and for investors," said James. Previously, McDonald was of counsel to Gary, Williams, Parenti, Watson & Gary, P.L.LC. 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. If you or your loved one experienced investment losses, we are here to help. And so, the gains that weve seen have come based on an enthusiasm and optimism placed across the entire market. 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. Hercules Investments won a 2020 Wealthies Award for being the top Alternative Asset Manager. 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. Web page addresses and e-mail addresses turn into links automatically. In this episode, David Armstrong, editor-in-chief at WealthManagement.com, talks to Hercules Investments James McDonald. According to the complaint, McDonald also appears to have terminated his previous phone and email accounts and told one person that he planned to vanish.. 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. CHICAGO JUDGE DENIES BAIL FOR ILLINOIS WOMAN WHO ALLEGEDLY PUSHED 3-YEAR-OLD NEPHEW INTO LAKE MICHIGAN. I'm Jeff Sonn, an attorney concentrating on securities fraud and consumer class actions. "Robust, quant driven investment strategies are typically only available to Ultra High Net Worth individuals and families with $25 million or more to invest. Lets wrap up with football. PHILADELPHIA COP WHO SHOT UNARMED BLACK MOTORIST BEGINS TRIAL. Our strategies offer downside protection and even potential upside gains with protracted market downturns. Because in addition to unemployed, he can also now call himself whistleblower.. 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. Federal prosecutors charged McDonald with one count of. Lets start with your macro view. The 10 Best and 10 Worst States in Which to Retire in 2021, Im an Advisor. Scott Gamm This case was filed in Los Angeles County Superior Courts, Norwalk Courthouse located in Los Angeles, California. Contact me online or call anytime at 844-689-5754. Things are escalating quickly for the folks behind StraightPath Venture Partners. And I think that that will trigger selling of portfolios that have had extensive gains, particularly in the past six months. McDonald allegedly raised over $5 million and misappropriated funds for personal expenses and Ponzi-like payments. 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. Registered in England and Wales. 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. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. 2023 CNBC LLC. Thats why our ticker is NFLHX. 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. To what extent do multiples deserve to be elevated given ultralow interest rates? And so, we had that crash and then the desire and the interest in moving back forward. His demeanor was professional and pleasant and I would not hesitate to use him in future matters. The actual profits that have been generated and the guidance that has increased are based on a small section of the market. The economy is slowly reopening and more vaccines are reaching people. GESCO combines international experience and quality standards with modern technologies and opportunities and local professional service. Of course, like most of the people brought on by CNBC to explain how the market will react to certain things (like talking heads on any subject on any 24-hour news channel), being generally right about those things was not a booking requirement. 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. 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. 4 . 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. Youre describing a giant disconnect between the markets and small businesses that are in a world of hurt. Hercules Investments CEO/CIO James McDonald. The SEC filed a civil injunctive action against James Arthur McDonald, Jr. and Hercules Investments, LLC in relation to fraudulent securities offerings. Hercules' portfolios are designed to achieve aggressive gains whether markets are rising or falling. "-Sonn Law Group Client. Required fields are marked *. In this virtual event, McDonald shares: - Why the markets are too optimistic about the Covid-19 vaccine PDF Case Plaintiff Defendant - United States Courts Early life James McDonald was born in Wellhead, Morayshire, in north Scotland on September 23 1840. Buckhead Tower, Suite 400 3399 Peachtree Rd. A conversation about economies, markets, wage inequality, Congress, crypto, and more. Fri, Feb 12. Hercules Investments chief investment officer James McDonald used to be a familiar face on CNBC, pontificating about market matters as an expert thereon. 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. AssetMark CEO Charles Goldman tells RIA Intel that he is focused on acquisitions, helping advisors, and the long term. My dream was always to play in the NFL and thats going to be my ticket. James McDonald, CEO and Chief Investment Officer of Hercules Investments, will serve as Portfolio Manager of the Hercules Fund. Do you have your eyes on any team per se? "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. The Exchange James McDonald's advice to the next generation Hercules Investments CEO and CIO James McDonald offers his advice to the next generation of Black Americans. Hercules Investments was founded by James McDonald, who previously was founder and CEO of Index Strategy Advisors. The complaint seeks permanent injunctions, disgorgement with prejudgment interest, and civil penalties against McDonald and Hercules. Hercules Investments specializes in actively managed and systematic investment strategies to monetize investment performance from equity market volatility. 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. GESCO is a security company operating in various fields and basing on the principle of physical protection. The Hercules investment team features investment professionals averaging over 20+ years of experience . And when we look at unemployment now, we say its recovered, but the recovery hasnt brought sufficient growth. 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, authorities said. The fund is for qualified investors only, and as such mimics many of the features of a hedge fund strategy. For a free consultation, please call us now at 866-827-3202or complete ourcontact form. Are you suggesting that widespread economic weakness will eventually bubble up to drag down these indexes? The Hercules Fund aims to generate positive returns during times of rising and falling stock markets. Mutual Fund and ETF data provided by Refinitiv Lipper. This Book Changed My Life, Fifteen Must-Listen Business Podcasts for Advisors, Celebrity Estates: Jay Leno and Planning for Classic Car Collections. 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. 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. Sign up for free newsletters and get more CNBC delivered to your inbox. Unlike hedge funds, however, a mutual fund is accessible to individual investors and their advisors in a very transparent package. My intention when I buy my team is to get on the practice field and hit those guys! For more information, please see www.hercules-investments.com, Media Contact: Matt Yemma Peaks Strategies 909-633-9396 [emailprotected], Cision Distribution 888-776-0942
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