Category: Financial Advisor

Career and Philanthropy of James Dondero

The Dallas businessman and philanthropist James Dondero founder of Highland Capital Management L.P. and Highland Dallas Foundation, Inc. continue to give back to his community and make Dallas a better place to live. Mr. Dondero started off his professional career at JP Morgan in 1984 after receiving two Bachelor of Science degrees in Accounting and Finance. He continued his career in finance with positions at American Express and Protective Life’s GIC Subsidiary. In 1993, Mr. Dondero decided to start his own investment firm, he named it “Highland Capital Management, L.P.”. The company specializes in collateralized loan obligations, credit hedge funds, distressed and special situations private equity and long-only funds among other things. Since the founding of Highland Capital Management, L.P., it has grown immensely and now boasts offices in Seoul, Singapore, and New York along with its headquarters in Mr. Dondero’s hometown, Dallas, Texas. Visit Nexbank to know more about James.

James Dondero is not only a prominent businessman, he is also a generous philanthropist. He has been called, “Dallas’s Surprising Philanthropy Hero” and a “Dedicated Philanthropist Who Strives to Make an Impact” by various publications. His sizable philanthropy began in 2001 with a donation to the Dallas Zoo, from there it has ballooned to millions of dollars in donations to various charities that make Dallas a better place to live. Mr. Dondero and his company have donated to the Perot Museum of Natural Science, the George W. Bush Presidential Library and Institute, Uplift Education and the Snowball Express. Mr. James Dondero decided to create the Highland Dallas Foundation, Inc, which serves as Highland Capital Management’s philanthropic arm. Since the foundation’s creation, it has donated millions of dollars to various organizations through the Dallas area. Read more at Huffington Post about James Dondero.

One of the hallmarks of Mr. Dondero’s generosity and the Highland Dallas Foundation, Inc. is its $1 Million Challenge Grant. This grant is a matching campaign where the Highland Dallas Foundation matches donations to a chosen nonprofit organization for up to $1 million. Organizations that have benefited from this grant include Snowball Express in 2014 and The Family Place in 2016.

Read: http://www.barrons.com/articles/making-bold-bets-on-alternative-investmentsand-winning-1490423757

Vincent Parascandola, The Man Behind AXA Success

AXA, (articulated A-X-An and not an acronym), is a multinational protection firm headquartered in France with operations in Europe, the US, North America, Asia, Middle East and Africa. It is a best traded on an open market monetary administrations organization giving protection, venture administration, and expert money related administrations all around.

With an unassuming begin in 1816, and a New York nearness going back to 1859, the organization was first called Ancient Mutuelle and moved toward becoming AXA in 1985. The firm has exceeded expectations in disaster protection, human services and riches administration in more than 63 nations around the world. AXA is as of now perceived as the main protection mark in the entire world.

According to Rocket Reach, AXA’s essential business is the long haul assurance of people and enhancing their riches. Their corporate social obligation arrangement influences on their great discernment at assessing assets and dangers wisely. Social legacy assurance has seen them bolster a few historical centers in France and the immediate rebuilding and protection of numerous imperative pieces and reports for who and what is to come.

Their magnanimity stretches out to national fortunes similar to the case in the essential verifiable reports alluded to as the Chateau d’Amboise in France. CSR programs incorporate bosom growth counteractive action, parental leave approach, and direct understudy grants.

AXA Advisors LLC is AXA’s retail dispersion organization in New York giving disaster protection and annuity items including resource portion, business and home arranging, school, retirement and considerably more.

Vincent Parascandola, the present Senior Executive Vice President at AXA Advisors, is credited with the development and business improvement discernment that cows this gathering to greatness.

A characteristic open speaker, Vincent Parascandola has spoken to the gathering at numerous industry meetings, picking up the trust of numerous who straightforwardly perceive his administration capacities. His attempts to seal the deal include useful courses and great narrating – a trap that has seen him head a group of exceedingly effective monetary experts.

Vincent’s stellar profession follows its underlying foundations to 1987 when he joined Prudential Insurance as an operator. He won the National Rookie of the Year that year. Vincent has been relentlessly traveling through the positions since he joined the AXA gather in 2004. With more than 25 years’ involvement in the monetary administrations area, his specialization is in disaster protection, resource administration, bequest arranging and money related administrations for people and high total assets customers. Check out his Vimeo account for more.