Senior Equity and Derivative Trader - Ameriprise Financial - Charlotte, NC
(2023-12)
Wealth Management division
- Execute equity and derivative trade strategies in an efficient, risk-controlled manner for portfolio managers and advisor teams.
- Access electronic platforms and market centers to seek liquidity, mitigate risk, and measure trade performance.
- Utilize appropriate algorithm providers specific to the security and market conditions.
- Provide and monitor Best Execution across a range of equity instruments.
- Work directly with portfolio managers and advisors to address trade errors and general operational issues.
- Provide a steady flow of information regarding market sentiment, trading environment, transaction costs, and investment ideas to portfolio and trading team.
- Develop and maintain relationships with trading counter parties.
- Recognize areas of weakness in trading environment and create trade functions that allow for a more efficient trading environment.
- Adhere strictly to compliance and operational risk controls in accordance with Ameriprise Financial policies. Maintain regulatory standards, policies, and procedures.
- Take responsibility for the reporting of compliance breaches and control weaknesses.
Wealth Management; Trading, Service, and Operations - LPL Financial - Charlotte, NC
(2018-04 - 2023-12)
- 2020 LPL Gold Star Customer Service Award Recipient
- Implement equity, ETF and option trade decisions by portfolio managers, financial advisors, and LPL clients.
- Assist in building and coordinating portfolio changes initiated by PM's and FA's.
- Point of contact for block trading and utilizing RFQ (request for quote) platform for exchange traded funds.
- Provide ETF expertise; Active vs Traditional, alternatives within sectors; expense ratios.
- Work closely with advisors during portfolio rebalance providing trade, technical and operational support.
- Monitor equity, fixed income, and commodity movements to provide value add dialogue with financial advisors, portfolio managers, and LPL clients.
- Provide equity and fixed income research support for financial advisors.
- Collaborate with internal sales, data, and technology teams regarding LPL advisor requests.
- Thorough understanding of compliance requirements for equity trade desk.
Managing Director- Portfolio Trading, Sales, & Management - Seaport Global Securities LLC - New York, NY
(2017-01 - 2017-10)
- Implementation of the RealTick portfolio trading system on the Seaport Global equity platform and selection of applicable portfolio algorithms
- Worked closely with various client order management system providers to install FIX connections for order routing.
- Educate research sales and sales trading regarding marketing product and how the trading product may be applicable to their clientele.
- Cultivated relationships with fund managers identified for the potential use of agency portfolio trading.
- Utilized fundamental and technical analysis to formulate investment ideas for institutional clients which has resulted in significant revenue growth.
- Demonstrated ability to make trading decisions under varied circumstances and significant time constraints.
- Provided equity index research, identified trends in the marketplace, and offered value added trading dialogue to the Seaport Global clientele.
- Evaluated compliance procedures and business structure pertaining to the portfolio trading desk.
- Developed pre and post trade analytics for clients to measure risk and performance.
- Managed middle office operations responsibilities for portfolio trading group.
Managing Director - Convergex Global Trading Solutions - New York, NY
(2015-06 - 2017-01)
- Responsible for domestic equity portfolio trading, ETF executions, non U.S portfolio trading sales, ADR execution sales, U.S. equity option sales, electronic trading marketing, and single stock sales trading
- Sales coverage included mutual funds, index funds, quantitative funds, banks, and pension funds.
- Built a strong rapport across firm departments by working directly with cash sales trading, derivatives, and electronic trading to achieve optimal order execution.
- Assigned accounts that experienced a 400 percent revenue increase.
- Convergex Trading Solutions was sold to Cowen and Company
Managing Director - BB&T Capital Markets - New York, NY
(2014-08 - 2015-05)
- Responsibilities included implementation of portfolio trading using Lava Color Palette, trading, sales and operations of product on the BB&T equity platform.
- Responsible for assessing organizational goals and implementing strategies to ensure dayto-day and long-term objectives are met.
- Provided research sales and trading with a marketing procedure for the BB&T portfolio trading product.
- Educate research sales and sales trading regarding marketing product and how the trading product may be applicable to their clientele.
- Cultivated relationships with fund managers identified for the potential use of agency portfolio trading.
- Utilized fundamental and technical analysis to formulate investment ideas for institutional clients which has resulted in significant revenue growth.
- Demonstrated ability to make trading decisions under varied circumstances and significant time constraints.
- Provided equity index research, identified trends in the marketplace, and offered value added trading dialogue to the Seaport Global clientele.
- Evaluated compliance procedures and business structure pertaining to the portfolio trading desk.
- Developed pre and post trade analytics for clients to measure risk and performance.
- Managed middle office operations responsibilities for portfolio trading group.
- Significantly increased the number of active institutional accounts during BB&T management transition.
- Increased firm equity trading volume by adding portfolio trading, expanding client base and success in creating crossing opportunities with cash sales traders.
- Provided index analysis and updates to BB&T institutional clientele.
- BB&T Bank closed institutional sales, trading, and equity research.
Managing Director - SunTrust Robinson Humphrey - Atlanta, GA
(2013-05 - 2014-08)
- Responsible for the initiation of portfolio trading and the implementation of ITG's Triton EMS to the SunTrust equity trade platform. Responsibilities also included portfolio trading, sales, and management in the U.S. and Canada
- Selection of applicable algorithms from multiple vendors for servicing SunTrust clientele
- Significantly increased new client relationships and equity trading volume. This was the result of a record number of multi-million share agency portfolio trades executed for STRH clients.
- Established marketing procedure for research sales and trading for the SunTrust portfolio trading product.
- Worked closely with mutual funds, index funds, banks, and pension funds to provide pre trade analytics and determine execution strategies and manage capital exposure when executing portfolio trades.
Managing Director - International Strategy & Investment - New York, NY
(2008-04 - 2013-04)
- Responsible for the implementation of the Portware EMS to the ISI Equity Trading platform. Manager of all aspects of agency portfolio trading in the U.S. and Canada
- Increased the number of institutional accounts using the agency portfolio trading product to over 240 accounts.
- Agency portfolio trading volume increased to over 20 percent of overall ISI trading volume.
Managing Director, Portfolio Trading - Friedman, Billings, Ramsey - Arlington, VA
(2007-02 - 2008-04)
Managing Director - A.G. Edwards and Sons - New York, NY
(2006-10 - 2007-01)
A.G. Edwards was sold to Wachovia Bank
Managing Director, Portfolio Trading - Prudential Securities - New York, NY
(2000-07 - 2006-10)
Prudential Insurance closed institutional research, sales, and trading after selling retail to Wachovia Bank
Managing Director, Portfolio Trading - ABN AMRO - New York, NY
(1998-11 - 2000-07)
Managing Director, Portfolio Trading - Smith Barney - New York, NY
(1995-01 - 1998-11)
Smith Barney merged with Salomon Brothers
Vice President, Portfolio Trading, Manger Equity Derivative Product Sales, Equity Index Arbitrage - Kidder Peabody & Company - New York, NY
(1990-12 - 1995-01)
Parent General Electric sold Kidder Peabody to Paine Webber
Vice President, Equity Index Arbitrage Trader - Morgan Stanley & Co. - New York, NY
(1985-05 - 1990-11)
