Jarrett established Bendigo Partners in 2008, seeking to fill the need for hands-on operational know-how in the financial services market place. Jarrett has run both retail and institutional businesses, both in brokerage and banking, online and off. He has lived and worked in Tokyo, Hong Kong, London and New York. Jarrett was co-founder and CEO of TIR Securities, a global institutional stock broker, which was subsequently sold to E*TRADE Financial. As E*TRADE President and Chief Operating Officer, he was responsible for building the premier online financial services franchise and delivering record customer growth and earnings. Jarrett was acting CEO of E*TRADE Financial from November 2007 until leaving in March of 2008, steering the company and its customers through the beginnings of the financial crisis and laying the foundation for E*TRADE’s recovery.
Jarrett currently sits on the Boards of The Barton Group, Investment Technology Group - ITG (where he was interim CEO from August 2007 through January 2008), and Wisdom Tree Investments. Away from business, Jarrett is on the board of The Baryshnikov Arts Center (Treasurer), The Jazz Foundation of America (President), and WFUV Radio.
Past Board seats have included Archipelago (US ECN), E*TRADE Group, E*TRADE Australia, E*TRADE Korea, IL&FS Investsmart (Indian broker), Kapitall (US Millennial focused broker), SBI Securities (Japanese broker), Strike (US ECN), and TIR Securities.
Richard has been working in the financial services market place for 40 years, focusing primarily on operations. He began his career in settlement operations at Sheppards and Chase and Vickers da Costa Stockbrokers, and then moved to manage pan European fixed income operations as a Vice President at Citibank/Citicorp in London, where he began to manage projects and systems as well as day-to-day operations. He then joined Morgan Stanley International as Head of the London Settlements Operations, where he managed a staff of 120, and supported Morgan Stanley’s entire product range, from fixed income to equities, currency, convertible bonds, warrants, options, custody, international prime brokerage, international correspondent clearing, stock loan and the syndication of new issues. While at Morgan Stanley, Richard led the development of new international operations, an initiative that led to more efficient and cost-effective clearing, and which resulted in the streamlining of Morgan’s New York-based international operations department from 90+ people to 5. Richard joined TIR Securities in 1992 as its COO, where he was responsible for all operations in the firm’s four global offices: London, Hong Kong, Tokyo and New York.
When TIR Securities was acquired by E*TRADE, Richard ultimately became Managing Director, Global Head of Operations at E*TRADE, where he led the Operations group in numerous complex integration projects, including the acquisition of Harris and Brown, and the complete overhaul and rationalization of E*TRADE’s global operation for both Institutional and Retail, in the US and abroad, as well as integrating many of the common bank and brokerage functions within the firm to create a highly cost effective and scalable organization. These efforts included establishing a Manila based captive operations company, creating a 22 hour operating window for the company and resulted in significant cost savings, all while the company was experiencing double digit growth in customers, trades, and assets.
Michael’s more than 28 years in financial services have focused on operations and management for both traditional and electronic institutional equity brokerage services. He has specialized in forming new and highly profitable business lines. At PaineWebber, as a Vice President in Capital Markets and Convertible Securities, he designed, developed and implemented a marketing plan to increase convertible business among 3,000 retail brokers, growing revenues over 40% annually over a nine-year period. At E*TRADE Financial, as Director of Electronic Trading and Operations, Michael was responsible for the entire business formation of E*TRADE’s electronic global execution and settlement services product. Additionally, as Senior Director of Prime Services at E*TRADE, Michael planned, structured, and implemented a Prime Services offering, which included execution, clearing and custody, margin financing and stock lending. He is currently the Chief Operating Officer of Bendigo Securities, LLC, a FINRA and SEC registered company.
He received an M.B.A. in finance, with Distinction, from Babson College’s Graduate School of Business.
Dominic has 28 years of financial sector experience of which 23 years are in institutional broking in Tokyo, New York and London. He has extensive and strong relationships on the buy and sell side. Dominic has experience setting up, growing and managing businesses, as evidenced by his accomplishments at Macquarie Securities Japan, Ltd. While Dominic was at Macquarie as Branch Manager and Head of Equities, the firm grew to 150 employees and became a high quality operation encompassing sales, sales-trading, trading, fundamental and quantitative research, and electronic execution services.
Dominic began his career in 1985, focusing on Japanese equity and warrant sales at Robert Fleming Securities in London. He transitioned to Jardine Fleming Securities in Tokyo in 1988 and moved to New York in 1994 to be Director and Head of Sales in North America. In 2000 he was appointed Head of Global Japanese Equity Sales and returned to Japan in 2001 with JP Morgan Securities, after Flemings had become part of JP Morgan. He was responsible for sales teams across the UK, EU, US, and Japan. In 2003 Dominic was appointed as Managing Director and Head of Japanese Equities at ING Securities and a year later transferred with the entire securities staff to the newly formed Macquarie Securities Japan Ltd.
Dominic is currently a Non-Executive Director of listed Japanese property developer and Senior Advisor to a listed Japanese financial services group.
Peter brings 10 years of Finance and eCommerce product management and marketing experience to the Bendigo team. At Bendigo Partners, Peter vets investment opportunities and helps manage Bendigo’s portfolio companies. Currently, as the Head of Product Management at Kapitall and an SVP at CrowdClear, Peter is focused on leveraging new technologies to building disruptive financial products.
Prior to joining Bendigo Partners, Peter managed teams across marketing, product management, design and technology at E*TRADE Financial and Barnes & Noble. At Barnes & Noble Peter was responsible for the strategic redesign of Barnes & Noble’s eCommerce website, as well as the integration of social media technologies. At E*TRADE Financial, Peter spent 8 years driving strategy and developing cutting edge online bank and brokerage products. Peter was a key player in the management and implementation of several major E*TRADE initiatives including the integration of Brown Co, Harris Direct and Wall Street Access, a back office migration from BETA to ADP and a middle office redesign.
Peter graduated with a BS in Corporate and Portfolio Finance from the University of Massachusetts Amherst.
Chris is a veteran financial and operational principal with 23 years of experience in the financial industry, specializing in compliance, financial, and operational issues. Chris joined Bendigo Partners in 2010 and helped create its broker/dealer subsidiary, Bendigo Securities. Chris is the Chief Compliance Officer and Chief Financial Officer/ FINOP. In addition Chris is the Chief Financial Officer of Kapitall, Inc., one of Bendigo’s portfolio companies. Chris also helped create Kapitall’s broker/dealer subsidiary, Kapitall Generation and is the firm’s Chief Compliance Officer and Chief Financial Officer/ FINOP.
Chris’s career began at Charles Schwab working in the Mutual Fund Operations, Regulatory Reporting, Accounting, and Compliance Departments. From there, Chris became a Compliance Examiner with NASD Regulation reviewing member firms finances, operations, and sales practices. In 1998, Chris joined E*TRADE’s Finance Department and was responsible for Regulatory Reporting, Risk and Insurance Management, and Market Data Services. During his tenure at E*TRADE, Chris has served as Vice President of Finance/Regulatory Reporting and Chief Financial Officer for several of E*TRADE’s broker-dealer affiliates.
Chris has a B.S in Finance from San Francisco State University and has several securities principal licenses.
Morgan is a FinTech executive with more than twenty years of experience as an operator, investor and advisor. Morgan began his career at TIR Securities, a global institutional stock broker. At TIR he built BECS, the first cross-border Transaction Cost Analysis product, a service that quantified and analyzed portfolio implementation processes for institutional asset managers and pension plans. Subsequent to TIR’s acquisition by E*Trade, Morgan and his colleagues lifted out BECS and implemented an aggressive technology rebuild and business development plan, resulting in its acquisition by Citigroup in 2004. Prior to joining Bendigo, Morgan spent five years at Citigroup in various roles within Institutional Equities including most recently as Head of Electronic Execution for Japanese Equities in Tokyo.
At Bendigo Morgan develops and executes investment strategies, sources and curates deal flow, analyzes investment opportunities, performs due diligence, structures transactions and manages portfolio companies. Leveraging deep domain expertise across multiple FinTech verticals and an excellent professional network, Morgan also serves as an Advisor to Financial Services companies, with a focus on driving revenue growth and customer engagement, increasing operational efficiencies and developing strategic partnerships.
Steve has spent the majority of his information technology career in the financial services industry. Prior to joining Bendigo Partners, Stephen ran the software solutions firm that he founded, dbConcert, Inc. In his capacity as CEO of dbConcert, Steve has worked with a wide variety of financial services institutions, from the smallest hedge fund to the largest investment banks. He was instrumental in helping the firm’s clients improve operational efficiencies, streamline workflows and minimize the possibility of errors while at the same time reducing overall technology expense. Steve was CIO and one of the founding members of TIR Securities, an international soft-dollar broker which was purchased by E*Trade in 1999. At E*Trade, he was responsible for all international and institutional technology development. Steve started his career with First Boston and attended Rensselaer Polytechnic Institute.