James Broderick
Cedar Knolls,NJ
Overview
14
14
years of professional experience
Work History
Director of Investments
Northwestern Mutual (Sound Financial Strategies)
Norwalk, CT
02.2023 - Current
- Conduct and provide portfolio analysis & investment recommendations for current and prospective clients. Request for Proposal(RFP)
- Lead client conversations regarding transition of current assets into long term portfolios in collaboration with the advisor.
- Designing and present on 401(k) & cash balance plans for current and prospective clients.
- Responsible for manager due diligence and analysis for public and private funds.
- Responsible for overall model portfolio construction and direction of portfolios regarding factor/industry tilts and tax loss harvesting.
- Responsible for implementation and presentation on alternative investments and tax strategies such as direct indexing.
Director of Investment Research and Trading
Magnus Financial Group
New York, NY
04.2022 - 02.2023
- Responsible for conducting and providing portfolio analysis as well as investment recommendations for current and prospective clients.
- Responsible for manager due diligence and analysis for public and private funds.
- Responsible for overall model portfolio construction and direction of portfolios regarding factor/industry tilts and tax loss harvesting
- Supporting seven financial advisors with a combined 1.4 billion (AUM) asset under management.
LEAD INVESTMENT ANALYST
Northwestern Mutual (Park Ave Cap. & Pioneer Fin.)
04.2012 - 04.2022
- Supported multiple financial advisors with a combined total of over 2 billion (AUM) assets under management.
- Responsible for conducting and providing portfolio analysis as well as investment recommendations.
- Constructing and maintaining client investment portfolios by allocating funds into subcategories of equities and fixed income.
- Responsible for rebalancing client portfolios, monitoring equity, cash, and fixed income positions, and monitoring risk and performance compared to peers and industry benchmarks.
- Performing trades and swaps for tax loss harvesting purposes
- Communicated with clients through e-mail, phone conversations, and face to face meetings
- Passed IRS Enrolled Agent Examination (E.A
- Designation Holder)
Equities Trader
AMR CAPITAL(First New York Securities)
01.2011 - 03.2012
- Managed firm's capital with different positions in equities, preferreds, convertibles, exchange traded funds, and closed ends funds
- Managed a $1 Million account to provide adequate return on capital while minimizing risk
- Created, researched and implemented technical equity strategies for intraday and swing trading to manage risk and fit market conditions
- Adapted and researched trading strategies to navigate through economic data and events such as unemployment numbers, Treasury auctions, Fed Rate decisions, GDP, and Beige book readings
- Consistently outperformed benchmarks and was given additional portfolio funds, along with generous leverage terms
- Developed unique strategies to hedge portfolio to minimize loss during times of increased volatility and market down turn
- Designed and implemented proprietary real-time filters to identify profitable market opportunities for both intra-day and swing trades
- Prepared daily presentations for trading team, giving personal suggestions to other team members of strategies to embark on during the trading day
- Passed Series 7 Examination
Tax Services/Employment Tax Associate
ERNST & YOUNG
01.2010 - 01.2011
- Worked on FICA refund, dealt with doctors getting a refund from the government for tax breaks, reached out to the doctors to get limited power of attorney for the firm to collect the refund on behalf of the doctors.
- Calculated doctor's income tax refunds dating back 20 years.
- Set up mailings of consent firms to around three thousand doctors so they all had the appropriate forms and paperwork.
- Worked on Washington Mutual/ JP Morgan merger.
- Consolidated and transferred retail accounts.
Education
Bachelors of Science Degree, Financial Economics -
CALDWELL COLLEGE
05.2009
Professional Value Offered
- Capital Management
- Market Analysis
- Portfolio Management
- Risk Evaluation
- Taxation
- Experienced with Execution Platforms such as Lightspeed, Sterling Trader Pro, and Redi +
- Experienced with Portfolio Management Software such as NETX360, Envestnet & Orion
- Proficient in all Microsoft based applications; Excel, Word, and PowerPoint
Industry Designations And Licenses
- Certified Financial Planner (CFP)
- Series 7 Licensed
- Series 66 Licensed
- Passed Level 2 of CFA- Testing level 3 in Feb. 2025
- Accredited Portfolio Management Advisor (APMA)
- Chartered Retirement Plans Specialists(CPRS)- In progress
Timeline
Director of Investments
Northwestern Mutual (Sound Financial Strategies)
02.2023 - Current
Director of Investment Research and Trading
Magnus Financial Group
04.2022 - 02.2023
LEAD INVESTMENT ANALYST
Northwestern Mutual (Park Ave Cap. & Pioneer Fin.)
04.2012 - 04.2022
Equities Trader
AMR CAPITAL(First New York Securities)
01.2011 - 03.2012
Tax Services/Employment Tax Associate
ERNST & YOUNG
01.2010 - 01.2011
Bachelors of Science Degree, Financial Economics -
CALDWELL COLLEGE