"The next day I made sure that I asked questions," recalled Wright, a certified financial planner. Degas Wright, founder and CEO of Decatur Capital Management, learned at an early age the importance of investing in himself. And Ford has struggled," said Hercules Investment CEO James McDonald on Yahoo Finance's The First Trade. LOUI AND DRAGICA RUDAS AS CO-TRUSTEES OF THE RUDAS FAMILY TRUST, HERCULES INVESTMENTS LLC A CALIFORNIA LIMITED LIABILITY COMPANY, 7/14/2022: Certificate of Mailing for - CERTIFICATE OF MAILING FOR (COURT ORDER RE: DEFAULT JUDGMENT) OF 07/14/2022, 7/14/2022: Minute Order - MINUTE ORDER (COURT ORDER RE: DEFAULT JUDGMENT), 7/1/2022: Declaration Pursuant to 585 CCP in Support of Default Judgment, 6/9/2022: Minute Order - MINUTE ORDER (CASE MANAGEMENT CONFERENCE), 4/8/2022: Minute Order - MINUTE ORDER (CASE MANAGEMENT CONFERENCE), 2/9/2022: Opposition - OPPOSITION SPECIALLY APPEARING INTERESTED PARTY SEMYON GINZBURGS REQUEST FOR JUDICIAL NOTICE, 2/17/2022: Minute Order - MINUTE ORDER (COURT ORDER RE: DENIAL OF NOTICE OF RELATED CASE), 2/17/2022: Certificate of Mailing for - CERTIFICATE OF MAILING FOR (COURT ORDER RE: DENIAL OF NOTICE OF RELATED CASE) OF 02/17/2022, 2/18/2022: Minute Order - MINUTE ORDER (CASE MANAGEMENT CONFERENCE), 2/18/2022: Certificate of Mailing for - CERTIFICATE OF MAILING FOR [MINUTE ORDER (COURT ORDER RE: DENIAL OF NOTICE OF RELATED CASE)], 12/16/2021: Proof of Service - No Service - PROOF OF SERVICE - NO SERVICE NON SERVICE REPORT, DocketJudgment; Signed and 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). Where was James McDonald born? I would highly recommend them for any growth company looking for capital. 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. We spoke with Black leaders about their advice for the next generation, as well as their defining career moments and lessons they've learned. 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. ET. Hercules is a Los Angeles-based firm founded by semi-pro football player James McDonald. "While I understand that you may not have all the luxuries at your disposal, opportunity, met with tireless effort, will lead to results," Eison said. Los Angeles Financial Services Companies. international comfort products serial number hillcrest high school principal email what happened to hollings restaurant uk assassins musical script sekwan auger wiki arrma fireteam lights jack baldwin ihuman is paul giamatti in mandalorian is charlie ross dead etobicoke visa office processing time matthew francis nolan florida mugshots boyero de berna precio estados unidos hsbc hong kong iban . He dropped out after freshman year," Wright recently told CNBC. FORTUNE may receive compensation for some links to products and services on this website. We're focused on capturing the unique opportunity that we have.". "I wish I could just be the Black Financial Superman and just go to everyone's house and say, 'Hey, here are the resources,'" he recently told CNBC. In a portfolio with a beta of one, one would enjoy virtually 100% downside protection with an allocation of 15% to the Hercules fund. Request for Dismissal; Filed by: Loui Rudas (Plaintiff); Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust (Plaintiff); As to: Loui Rudas (Plaintiff); Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust (Plaintiff); Hercules Investments, LLC, a California limited liability company (Defendant) et al. SALLY HOSN VS VERNE?S PLUMBING, INC., ET AL. Only about 12% of nearly 12,000 applicants are accepted to West Point each year. "I was able to graduate. Hercules Investments was founded by James McDonald, who previously was founder and CEO of Index Strategy Advisors. He also stressed the importance of financial literacy. That would be a doubling from the low. And I think that that is much of whats happened in the macro as well. Set. McDonald was ready for this. He played for the Los Angeles Rams and Detroit Lions. "My team and I stood on the platform on the Exchange floor and rang the bell, signifying that we were a publicly traded company participating in the U.S. economy like the major companies in this country have done for many years," said Johnson, who became the country's first Black billionaire in 2001. In the S&P 500, you have mega cap tech Covid winners like Microsoft, Amazon, etc. Here are his plans, Black-owned businesses hope this round of PPP wont fail them, Black leaders offer several key steps to help close the racial wealth gap. James McDonald was born on March 29, 1961. More on that later. Hercules Investments has named Loreal McDonald as corporate counsel and interim chief operating officer. There are hundreds of companies in the small cap space that dont have the cash to pay their debt. A new strain of COVID-19, historically elevated tech . Prior to founding Hercules Investments in 2019, he was CIO of Vishnu Wealth Management and CEO and founder of Index Strategy Advisors where he led the firm for nine years. Voit muuttaa valintojasi milloin tahansa siirtymll yksityisyydenhallinta-asetuksiisi. He earned a bachelors degree in economics from Harvard University. Here's how to avoid sticker shock, How to build an emergency savings fund during an era of inflation, A quarter of Americans are expecting to delay their retirement due to rising consumer costs, according to a new study. Salesforce is paying Matthew McConaughey reported $10 million a year for creative help despite laying off 8,000 Once a saver, always a saver: Warren Buffett says generational wealth isnt what it used to be in his annual letter CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. The PE has risen by about 50% from a year ago. He likes to remind young Black men to look at the success others have had before them, most notably the first Black man to sit in the Oval Office, former President Barack Obama. He argues the stimulus package will fail to rehabilitate the economy and thinks investors are too sanguine about the vaccines rollout, citing logistics and trust issues surrounding the vaccine. Track. Your destination for buying luxury property in Tours, Centre-Val de Loire, France. Notice of Case Assignment - Unlimited Civil Case; Filed by: Clerk. LOS ANGELES, July 23, 2020 /PRNewswire/ -- Hercules Investments, a Los Angeles based Registered Investment Advisor and Independent Wealth Advisor, has announced the hire of Loreal McDonald as . Very few recessions and market collapses have recovered in the time period that we saw in 2020. "My next report card I had an 'A. Do you still have a 15,000 target on the Dow? Yet it's not his only passion he had a 12-year. 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. 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. Javascript is required for the selection of a player. 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. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. And what were seeing now is bull market enthusiasm and all types of signs of bubbles in asset prices. Youre describing a giant disconnect between the markets and small businesses that are in a world of hurt. While he generally deals with helping people overcome relational struggles, he also focuses on racial trauma and justice. All Rights Reserved. Grow. 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. In summary, NFLHX provides direct access to risk hedged growth adding a layer of insurance to a portfolio that has appreciated with the market. SIMPLY PUT - where we join the dots to inform and inspire you. We want to hear from you. It means that sentiment and greed can move a market in the face of asking for fundamental justification in the short term. James McDonald had 168 receiving yards over his career. As a result, McDonald's options trades that bet on this price trajectory have paid off handsomely. LOS ANGELES 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. The economy is slowly reopening and more vaccines are reaching people. 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. He likes to remind young Black men to look at the success others have had before them, most notably the first Black man to sit in the Oval Office, former President Barack Obama. 11 Opinions Unlock Rating. This case was filed in Los Angeles County Superior Courts, Norwalk Courthouse located in Los Angeles, California. 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. He hopes those who aspire to become successful adopt the mindset that they have limitless possibilities. New RIA of the Year nominee Colton Etherton helps tattoo artists prepare for the future. Copeland, who graduated from and now teaches at the University of Pennsylvania, has been a longtime advocate for increased financial literacy. Arcadia Man Charged with Securities Fraud for. Whats your takeaway from GameStop, AMC, Blackberry, etc.? Disclosure: Invest in You: Ready. Financial literacy alone will not be enough to close the racial wealth gap, or as Dewardic McNeal points out, the racial wealth gulf. VS PIER ASSET MANAGEMENT LLC, ET AL. "These are incredibly uncertain times for the stock market and for investors," said James. (No Ratings Yet) 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. 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. When the US economy showed signs of vulnerability last October, James McDonald took special notice. And even still, there is the risk of mutations, the continuation of sickness, hospitalizations, and fear will cause stagnation for the reopening concept. 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. Mr. McDonald previously was CEO/CIO of Index Strategy Advisors Inc. (ISA) from 2010-2019. It is your superpower, it can be your superpower. Vaccinating the public will not happen as quickly as most expect. Believe that you can accomplish and do whatever you need to do for yourself financially.. 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,. Yet only 14.5% of the global market has been penetrated. 2:22-CV-06799 | 2022-09-21, Los Angeles County Superior Courts | Contract | Question, Comment, Feedback, or Correction? Get this delivered to your inbox, and more info about our products and services. Tietoja laitteestasi ja Internet-yhteydest (esimerkiksi IP-osoitteesi), Selaaminen ja hakutoiminnot Yahoon verkkosivustojen ja -sovellusten kytn aikana. We want to hear from you. The uncertainty around COVID-19 and risks of rising inflation were the impetus for launching the fund. James McDonald founded his most recent company, Hercules Investments, in 2019 after spending about two decades in the finance industry. His rationale is that options earn part of their value from anticipated price changes in the underlying security. 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. But buying index call options should remain profitable all the way through the election because smaller pockets of volatility are likely. Yet it's not his only passion he had a 12-year. And this is evidenced by us being at valuation levels weve never touched before, even higher than 1929 and 2000-2001. More needs to be done to help Black Americans achieve financial success, from increased financial literacy resources to realizing the unique power the next generation of Black Americans holds. Are you suggesting that widespread economic weakness will eventually bubble up to drag down these indexes? "$17,150, the median net worth for Black households; $171,000, that's the median net worth for white households. 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. James Arthur McDonald Jr ., 50, who is believed to be in hiding, was charged with a single count of securities fraud, according to the U.S. Attorney's Office. Write by: . Got a confidential news tip? A Division of NBCUniversal. 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 firms Chief Investment Officer. The Hardest Part of Building Your Business? BOND, JR., ET AL. 2022-08-22, California Courts Of Appeal | Other | There is nothing like self-empowerment: Feeling like you have the tools within yourself to kind of move forward, said Bonawyn Eison of XP Investments. The breadth of risk is extremely wide. on 02/22/2021, entered Request for Dismissal without prejudice filed by Loui Rudas and Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust as to Erin Maureen Schmidt and Brady Schmidt, does does 1 through 10 only, Summary of the Case; Filed by: Loui Rudas (Plaintiff); Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust (Plaintiff), Declaration Pursuant to 585 CCP in Support of Default Judgment; Filed by: Loui Rudas (Plaintiff); Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust (Plaintiff). That strategy is over, McDonald said. Hercules Investments has named Loreal McDonald as corporate counsel and interim chief operating officer. Hercules Investments is part of the Finance industry, and located in California, United States. Times Internet Limited. Data is a real-time snapshot *Data is delayed at least 15 minutes. The fund is for qualified investors only, and as such mimics many of the features of a hedge fund strategy. Led the design, development, and rollout of investment management, financial planning, and lending standards and practices to the bank's High Net Worth clients. [1] He played college basketball at Southern California (USC) and did not play college football. Real Times Media. . [2] [2] That means there's a whole lot of opportunity for both streaming service providers and their investors. His son, James McDonald, plays in Major League Baseball.[2]. Hercules Capital started at outperform with $17.50 stock price target at Oppenheimer. "Take ownership of your financial education so that you can change not only your life but your family's life for the better," he recently told CNBC. James McDonald was born in Long Beach, CA. All material subject to strictly enforced copyright laws. Brandon Copeland's advice to the next generation, James McDonald on financial literacy and the racial wealth gap, Kourtney Gibson on embracing your superpower, Akbar Gbajabiamila: 'Sometimes I wish I could just be the Black Financial Superman', Dewardic McNeal: 'This is not a wealth gap. All logos are the trademark & property of their owners and not Sports Reference LLC. Thats my personal mission. 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. Yet at the same time, people of color are facing an outsized financial hit from the coronavirus pandemic. Prior to that he was CIO of Vishnu Wealth Management and CEO. Yes. Key stock indexes, which are market cap based, are near record highs. ET and James McDonald will appear on "Fast Money" Friday, 5 p.m. All rights reserved. 2023 RIA Intel, an Institutional Investor Publication. Its not a doomsday picture, but markets are priced right now as if all economic engines are fully up and running. In 2005 he purchased the Houston Wolverines (the Texas Wolverines today), a semi-pro football team, and played for 13 years. ODK CAPITAL, LLC, A UTAH LIMITED LIABILITY COMPANY VS HERCULES INVESTMENTS LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, ET AL. At the time, the S&P 500 was in a bull market that was unprecedented in its duration and gains. "I learned at an early age to live with less.". All Rights Reserved. As of January, the unemployment rate for Black Americans was at 9.2% compared to 5.7% for white Americans, according to data from the Federal Reserve Bank of St. Louis. 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. 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. Our ability to monetize volatility is exceptional as evidenced by our winning WealthManagement.coms 2020 Wealthies Award as top Alternative Asset Manager. Get 5 free searches. "But it's not going to erase the negative revenues and the negative industrial output probably for Q2.". Spurred by the killing of George Floyd by a Minneapolis police officer last May and the cries for racial justice and equity, corporate America is starting to listen and address issues of diversity. For more information, please see www.hercules-investments.com. Gbajabiamila, who played professional football for the Oakland Raiders, San Diego Chargers and Miami Dolphins, added that there is a lack of trust in Black communities. If the next generation wants to succeed they need to turn to their superpower, according to Kourtney Gibson, president and partner at Loop Capital Markets. 'There are no limits. LOS ANGELES (AP) 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. Dylan Smith (CFO, Box) You can do it, too, he added. 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. [Like this article? 633 W 5th Street, Los Angeles, CA 90071 Greater Los Angeles Area Financial Services Companies. McDonald was the CEO of Los Angeles County-based Hercules Investments and Index Strategy Advisors Inc., prosecutors said. James McDonald has been working as a Chief Executive Officer at Hercules Investments for 3 years. After earning a "D" in eighth-grade algebra, he told his mother that he was one of just two Black students in his class and didn't want the White students to think he was stupid. SIGN UP: Money 101 is an 8-week learning course to financial freedom, delivered weekly to your inbox. Employment levels have increased slightly, but we are artificially keeping our economy going with stimulus checks and obviously all of the Feds actions. They were very supportive during the financial crisis and grew through multiple transactions as our business started to scale. The Mountaineers will take on No. 1,230 Number of Organizations $4B Total Funding Amount 434 Number of Investors. And so, we had that crash and then the desire and the interest in moving back forward. Hercules Investments was awarded the WealthManagement.com 2020 Alternative Asset Manager of the year. His advice to Black youths today: Dont financially limit yourself, no matter what others say to you or believe about you. "If we can find a vaccine, that will be great," McDonald said. Hi, James. Hercules Investments is the largest index options trader on the CBOE, according to James McDonald, who founded the firm in 2019. on 02/22/2021, entered Request for Dismissal without prejudice filed by Loui Rudas and Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust as to Erin Maureen Schmidt and Brady Schmidt, does does 1 through 10 only, DocketSummary of the Case; Filed by: Loui Rudas (Plaintiff); Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust (Plaintiff), DocketDeclaration Pursuant to 585 CCP in Support of Default Judgment; Filed by: Loui Rudas (Plaintiff); Loui and Dragica Rudas as Co-Trustees of The Rudas Family Trust (Plaintiff). He is among the investors who have cashed in the market's turmoil, thanks to strategies he adopted ahead of time to profit from this kind of volatility. The Sonn Law Group is currently investigating allegations surrounding James Arthur McDonald, Jr. or Hercules Investments, LLC . VS HERCULES INVESTMENTS, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, ET AL. She told him that he needed to learn the material and she couldnt help him. V.P., Director of Strategic Initiatives, BBVA Compass, Houston, TX, 2002- 2006 Direct report to the CEO of the $12 Billion AUM Wealth Management Group (WMG). Or write about sports? He started Black Entertainment Television with a $15,000 loan in 1980 and in 1991 he launched it as a public company the first African-American-owned one traded on the New York Stock Exchange. He then started The RLJ Companies, which is headquartered in Bethesda, Maryland, and invests in diverse businesses. Public Records Policy. We have tools and resources that can help you use sports data. 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. attorneys office said in astatement. "There are going to be explosive opportunities for investors," says James McDonald, CEO of investment firm Hercules Investments on November 12. It's up to you to use it," she says. Hercules investments is an award-winning portfolio manager serving growth-focused individual. But I think that the market will rebound and potentially finish the year slightly higher. "As long as there's fear in the markets, these premiums are going to stay high," he said. Use without license or authorization is expressly prohibited. Based on the fairy tale of the same name by Charles Perrault, it is the twelfth Disney animated feature film. But eventually you must. McDonald, who lived in the Los Angeles suburb of Arcadia, is believed to be in hiding, the statement said. Finally, one place to get all the court documents we need. James McDonald was born on March 29, 1961. Lists Featuring This Company. Our objective is to generate $10 billion for our clients in order for me to buy my football team. The underlying ETF's price went from about $11 as the S&P 500 peaked on Feb. 19 to above $126 on Wednesday - a gain of more than 1,050%. I think all the equity markets are so overstretched that when a risk element enters the market, the selling will be violent and accelerated. The Adviser grants to the Trust a license to use the names "Hercules Investments" and "Hercules Fund" (the "Name") as part of the name of any Fund during the term of this Agreement. 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. Kun napsautat Hyvksy kaikki, hyvksyt sen, ett Yahoo ja kumppanimme ksittelevt henkiltietojasi ja nyttvt evsteiden kaltaisten tekniikoiden avulla sinulle rtlity mainontaa ja sislt sek hydyntvt nit tekniikoita mainosten ja sislln mittaamisessa, kohderyhmtiedoissa ja tuotekehityksess. is a financial wellness and education initiative from CNBC and Acorns, the micro-investing app. Mar 19, 2020, 5:18 AM. 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 A. McDonald was an American football player and coach. My intention when I buy my team is to get on the practice field and hit those guys! 2022-04-29, Los Angeles County Superior Courts | Contract | Bonawyn Eison: The next generation of leaders are 'on the other side of the camera', Dr. George James: Advice for the next generation, James McDonald: 'Go after what you want and be all that you can be', President Biden pledges to fix the racial wealth gap. 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. Certificate of Mailing for - CERTIFICATE OF MAILING FOR (COURT ORDER RE: DEFAULT JUDGMENT) OF 07/14/2022, Minute Order - MINUTE ORDER (COURT ORDER RE: DEFAULT JUDGMENT), Declaration Pursuant to 585 CCP in Support of Default Judgment, Minute Order - MINUTE ORDER (CASE MANAGEMENT CONFERENCE), Opposition - OPPOSITION SPECIALLY APPEARING INTERESTED PARTY SEMYON GINZBURGS REQUEST FOR JUDICIAL NOTICE, Minute Order - MINUTE ORDER (COURT ORDER RE: DENIAL OF NOTICE OF RELATED CASE), Certificate of Mailing for - CERTIFICATE OF MAILING FOR (COURT ORDER RE: DENIAL OF NOTICE OF RELATED CASE) OF 02/17/2022, Certificate of Mailing for - CERTIFICATE OF MAILING FOR [MINUTE ORDER (COURT ORDER RE: DENIAL OF NOTICE OF RELATED CASE)], Proof of Service - No Service - PROOF OF SERVICE - NO SERVICE NON SERVICE REPORT.