The economy is slowly reopening and more vaccines are reaching people. Covid-19 continues to spread rapidly and the vaccine rollout has been slower-than-expected, which is a worrisome combination for the economy and the stock market., The discussion will be streamed via Zoom at this link: https://us02web.zoom.us/webinar/register/WN_guvDkdmgQcy4-HcSuTnb1Q. And so, if the market falls say 10%, our allocations will potentially offset the losses in the long only portfolio. Your email address will not be published. from 8 AM - 9 PM ET. Market data provided by Factset. Do you still have a 15,000 target on the Dow? In a parallel action, the United States Attorneys Office for the Central District of California announced criminal charges against McDonald. 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 allegedly raised over $5 million and misappropriated funds for personal expenses and Ponzi-like payments. To be clear, you expect a risk event this year will take the Dow down to 15,000 but by year end it will finish higher than today? 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. James McDonald is a 25-year veteran of the investment industry and was named one of America's top 10 investment advisors by ETF.com in 2012. The actual profits that have been generated and the guidance that has increased are based on a small section of the market. 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. We can deliver these same strategies to investor portfolios with less than $1 million," said Mr. McDonald, Chief Executive Officer of Hercules and previous winner of the Top 10 Advisors Rising Stars award from ETF Report magazine. His demeanor was professional and pleasant and I would not hesitate to use him in future matters. McDonald graduated from Harvard University with a Bachelors degree in Economics. scott@strategyvoiceassociates.com, Internet Explorer presents a security risk. Its clock-striking-midnight dealmaking time at the Justice Department. According to the. 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. Our employees and their family members enjoyed a wonderful time together this morning at PureTrack in Anaheim, CA! The S&P 500 is trading at about 23 times projected forward earnings. And so, this is artificial. The Hercules investment team features investment professionals averaging over 20+ years of experience . Whats your takeaway from GameStop, AMC, Blackberry, etc.? Mutual Fund and ETF data provided by Refinitiv Lipper. Hercules Investments CEO/CIO James McDonald. https://www.wealthmanagement.com/sites/wealthmanagement.com/files/logos/Wealth-Management-Logo-white.png. [USA Today]. 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. Our strategies offer downside protection and even potential upside gains with protracted market downturns. 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 . Recent filings for HERCULES INVESTMENTS LLC 28 Jun 2019 SI-COMPLETE view 8 Jun 2019 REGISTRATION view My intention when I buy my team is to get on the practice field and hit those guys! McDonald, who lived in the Los Angeles suburb of Arcadia, is believed to be in hiding, the statement said. Lets start with your macro view. In summary, NFLHX provides direct access to risk hedged growth adding a layer of insurance to a portfolio that has appreciated with the market. What the Fed did was to protect the economy from going into the abyss. 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. "There's a disconnect between Main Street and Wall Street, but we had to do it. 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. What should advisors know about your firm and how you can help them? Number 8860726. It wasn't immediately clear whether he had an attorney who could speak on his behalf. Because in addition to unemployed, he can also now call himself whistleblower.. There are hundreds of companies in the small cap space that dont have the cash to pay their debt. The breadth of risk is extremely wide. And debt has spiraled over 50% higher to GDP than where we were last year this time. Sign up for free newsletters and get more CNBC delivered to your inbox. 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. Got a confidential news tip? To what extent do multiples deserve to be elevated given ultralow interest rates? The SEC's investigation was conducted by David S. Brown, Carol Kim, and Matthew O. Koop and was supervised by Marc J. Blau in the Los Angeles Regional Office. Check out what's clicking on Foxnews.com. This site contains attorney advertising. 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,. Each client and each clients case is unique, and no result or outcome is or can ever be guaranteed. Hi, James. Then its fine. The Hercules Fund aims to generate positive returns during times of rising and falling stock markets. It takes time to get back up, but we have had renewed waves of lockdowns in the fall and layoffs. Required fields are marked *. So, I got to root for Tom Brady because any 40-plus football player is one I admire. Lines and paragraphs break automatically. 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. South Ozone Park, New York, United States View. But I think that the market will rebound and potentially finish the year slightly higher. This field is for validation purposes and should be left unchanged. 2023 RIA Intel, an Institutional Investor Publication. The Fund seeks to implement very short-term long and short positions in call and put options on the main US stock . He earned a bachelor's degree in economics from Harvard University. The uncertainty around COVID-19 and risks of rising inflation were the impetus for launching the fund. Its like a freight train that cant come to an exact halt without a crash. Contact me online or call anytime at 844-689-5754. Its two and 20 (fee arrangement) ensures that our portfolio management is in alignment with the profit objectives of the client. And so, the breadth of success is extremely narrow. Legal Statement. GESCO is a security company operating in various fields and basing on the principle of physical protection. 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. McDonald also allegedly raised over $3.5 million for securities trades through the Index Strategy Advisors Fund and misappropriated half of the funds for personal expenses. 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. It means that sentiment and greed can move a market in the face of asking for fundamental justification in the short term. Thats why our ticker is NFLHX. GESCO combines international experience and quality standards with modern technologies and opportunities and local professional service. The leader of Pershing X explains why her experience, leadership style, and the support of BNY Mellon, have positioned the new venture to disrupt how wealth managers do business. Are you suggesting that widespread economic weakness will eventually bubble up to drag down these indexes? James Arthur McDonald Jr., 50, was charged with one count of fraud for bilking clients out of millions of dollars on Sept. 21, 2022. This case was filed in Los Angeles County Superior Courts, Norwalk Courthouse located in Los Angeles, California. PHILADELPHIA COP WHO SHOT UNARMED BLACK MOTORIST BEGINS TRIAL. And so, equity market prices are assuming earnings that arent there. The SEC filed a civil injunctive action against James Arthur McDonald, Jr. and Hercules Investments, LLC in relation to fraudulent securities offerings. 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. Please note: We are unable to take cases with losses of less than $50,000. Because bulls point to loads of liquidity, low rates, and solid earnings and guidance. 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 . I think we will retest the previous lows of last March before buying comes back in. 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. 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. 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. Fox News Flash top headlines are here. 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. Hercules CEO, CNBC Pundit 'In Hiding' Amid Securities Fraud Charges James Arthur McDonald Jr. appears to be on the lam as he faces as much as 20 years in prison for allegedly defrauding. Hercules Investments was founded by James McDonald, who previously was founder and CEO of Index Strategy Advisors. Hercules Investments chief investment officer James McDonald used to be a familiar face on CNBC, pontificating about market matters as an expert thereon. 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. I think the phenomena is an anomaly like virtually every pocket of life were in right now. [Like this article? This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. 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. This material may not be published, broadcast, rewritten, 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. Small businesses are suffering tremendously, and theyre always going to be the engine of growth for the economy. Hercules Investments won a 2020 Wealthies Award for being the top Alternative Asset Manager. Im a football player disguised as a portfolio manager. Employment levels have increased slightly, but we are artificially keeping our economy going with stimulus checks and obviously all of the Feds actions. How Hercules Investments capitalizes on systematic volatility; The companys risk-hedging technique designed to help financial advisors and clients; How James McDonalds firm helps financial advisors grow their prospects; Hercules Investments ideal client as those who got aggressive growth goals; Allowed HTML tags: . 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." . RIA Intel is part of the Euromoney Institutional Investor PLC group. And I think that that is much of whats happened in the macro as well. Subscribe to RIA Intels thrice-weekly newsletter and follow the publication on Twitter and LinkedIn. So, I think over 75% of the gains in the S&P 500 in 2020 could be attributed to a handful of names. This material may not be published, broadcast, rewritten, or redistributed. "-Sonn Law Group Client. In the S&P 500, you have mega cap tech Covid winners like Microsoft, Amazon, etc. Or before an SEC investigator. We represent investors in claims against negligent brokers and brokerage firms. 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