The Specializations of the Equities First Holdings

Equities First Holdings was initiated in 2002 as a private equity firm. The company is based in Indiana and as well has a satellite office in New York. It is a global company that does its operations with main offices in different locations and countries like Singapore, London, Hong Kong, Australia, Thailand, Switzerland, and Sydney. Equities First Holdings mainly provides loans and lending services to its customers. Equities First Holdings does an assessment of the risk against the future performance about bonds and stocks.

Since its inception, it has been a solution to its customers’ problems by giving them financial assistance. The company is estimated to have made more than $1 billion from around 700 transactions they have carried out. Equities First Holdings provides securities for lending services that gives customers high-value loans that charge relatively low-interest rates unlike most banks.

Customers are given loans based on their stocks to act as their capital. There are no restrictions on the use of the capital and can be used for strategic investments and even the expansion of businesses. The firm gives non-recourse loans that guarantee property as the security against the public traded stocks to ensure achievement of customers’ professional and personal goals. In case the security value decreases or increases, the borrowers can walk out of the contract without any obligation.

The small business entities and individual investors are the main benefactors of the Equity First Holdings. Unlike most banks which have tighter rules and regulations guarding against the giving of loans to borrowers, this firm serves most of the unqualified borrowers of bank loans. The company’s founder and Chief Executive Officer, Al Christy gives an insight on advantages of stock-based loans compared to the margin loans since they have a fixed interest rate and high to loan value ratio.

Jul
7

The Rise of Financial Industry Expert Stephen Rotella

Stephen Rotella has been in the financial industry for almost 40 years. He graduated with a Bachelor’s Degree in Economics from Stony Brook University and earned his MBA at the University of Albany, SUNY in Information Technology Finance. Today he is the President of StoneCastle Partners, LLC, and the Chief Executive Officer of its subsidiary StoneCastle Cash Management.

Rotella started working as a banking executive when he the was brought in as the Vice President of Product Development for The Reserve group. While with this firm for four years he concentrated on asset management and money funds. Soon he was picked as the Vice President of Shearson Lehman Inc. and worked with the firm for 3 years. His longest tenure has been as the Chief Executive Officer of Home Finance at J.P. Morgan, where he worked for 18 years. J.P. Morgan is a global financial services provider that has been in operation for over 200 years. Before founding StoneCastle Partners, Stephen Rotella also served at Washington Mutual as their President and Chief Operating Officer.

Since Rotella started with Stonecastle Partners, LLC he has been instrumental in expanding its operations. Early in February 2017 it was announced that StoneCastle Insured Cash Sweep, LLC, a subsidiary of the StoneCastle parent company, had purchased the insured deposit sweep business that had been owned by Intermedium Financial, LLC. This move increased StoneCastle’s lead as the largest insured deposit provider in the United States for institutional investors. The purchase of this business also fulfilled Rotella’s strategy to expand the company’s products and services to financial advisors, broker-dealers, and other investment firms. In addition to the insured deposit sweep business, the purchase also included Intermedium Capital’s popular InterLINK FinTech platform.

In order to give back to the community, Stephen Rotella has volunteered to serve on the board of a large number of nonprofits. Among these is LIFT, Inc. which seeks to alleviate poverty and has programs in Los Angeles, Washington D.C., Chicago, and New York City. He is also served as the Chairman of the Board for BalletMet, one of the country’s largest dance companies which seeks to entertain, educate, and inspire young people.

 

Categories: Financial Expert
Mar
3