4 . To send us an e-mail, simply complete and submit the online form below. In a parallel action, the United States Attorneys Office for the Central District of California announced criminal charges against McDonald. 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. 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. There are hundreds of companies in the small cap space that dont have the cash to pay their debt. Its an all-weather strategy. 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. 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. What should advisors know about your firm and how you can help them? Which was great for McDonald, because he apparently really muffed the market response to a Joe Biden victory over Donald Trump two years ago: He assumed that the ousting of an incompetent demagogue would tank things. Also on Wednesday, the U.S. Securities and Exchange Commission filed a civil complaint charging McDonald and Hercules with violations of federal securities law. Are you suggesting that widespread economic weakness will eventually bubble up to drag down these indexes? We deliver these strategies through NFLHX. I played semi-pro football for 12 years. 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. And we know that this isnt how a strong economy operates. Ryan Thomas Gosling (born November 12, 1980) is a Canadian actor. Lines and paragraphs break automatically. 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. 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. Vaccinating the public will not happen as quickly as most expect. 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 . And what were seeing now is bull market enthusiasm and all types of signs of bubbles in asset prices. McDonald graduated from Harvard University with a Bachelors degree in Economics. 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. 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. scott@strategyvoiceassociates.com, Internet Explorer presents a security risk. from 8 AM - 9 PM ET. . This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. 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. or redistributed. In the S&P 500, you have mega cap tech Covid winners like Microsoft, Amazon, etc. We had to save the economy from going off the cliff with us not being able to operate as normal," McDonald said. 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. All rights reserved. A Division of NBCUniversal. Legal Statement. And even still, there is the risk of mutations, the continuation of sickness, hospitalizations, and fear will cause stagnation for the reopening concept. *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. Contact our office today to discuss your case. 2023 FOX News Network, LLC. The stockbroker and investment fraud lawyers at Sonn Law Group dedicate their entire practice to protecting the interests of investors who have lost money as a result of the negligent or wrongful conduct of those entrusted with protecting and growing our money. According to the. Mutual Fund and ETF data provided by Refinitiv Lipper. 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 . Hercules Investments' James McDonald explains the different risk-related techniques advisors can use to keep clients comfortable with their portfolios. // Disclaimer. Hercules Investments chief investment officer James McDonald used to be a familiar face on CNBC, pontificating about market matters as an expert thereon. 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. McDonald allegedly raised over $5 million and misappropriated funds for personal expenses and Ponzi-like payments. How Should HNW Investors Think About Them? 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.. Powered and implemented by FactSet Digital Solutions. But stimulating growth is impossible if the economy isnt open. Below are excerpts from our Jan. 28 discussion, edited for length and clarity. 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. 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. You've successfully subscribed to this newsletter! Tax Advantages Are a Selling Point for Investment in CRE. [Like this article? 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. Mutual Fund and ETF data provided by Refinitiv Lipper. Fox News Flash top headlines for September 22. He appeared as a financial expert on TV. Im going to play on my own team and practice. Your email address will not be published. No, Brent Kovars mother didnt have an artificial intelligence supercomputer in her basement, the SEC says. 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." And so, we had that crash and then the desire and the interest in moving back forward. 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. The PE has risen by about 50% from a year ago. We represent investors in claims against negligent brokers and brokerage firms. "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 attorneys at ChapmanAlbin are licensed to practice law in Ohio and Michigan. This Book Changed My Life, Fifteen Must-Listen Business Podcasts for Advisors, Celebrity Estates: Jay Leno and Planning for Classic Car Collections. Our strategies offer downside protection and even potential upside gains with protracted market downturns. In 2005 he purchased the Houston Wolverines (the Texas Wolverines today), a semi-pro football team, and played for 13 years. 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. The uncertainty around COVID-19 and risks of rising inflation were the impetus for launching the fund. 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. Greg Bartalos (@gregorianchance) is editor of New York City-based RIA Intel. I think the phenomena is an anomaly like virtually every pocket of life were in right now. The Fund seeks to implement very short-term long and short positions in call and put options on the main US stock . 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. This funds fees accelerate when its performance accelerates. Got a confidential news tip? Hercules Investments CEO/CIO James McDonald. Market data provided by Factset. - The dangers of too much fiscal and monetary stimulus He last appeared on the network in July 2021. This case was filed in Los Angeles County Superior Courts, Norwalk Courthouse located in Los Angeles, California. This material may not be published, broadcast, rewritten, or redistributed. 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. 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