Charles Ackerman Email & Phone Number

Boston, Ma, Us

Business unit CFO for Fidelity Institutional, which offers investment products, brokerage and trading services to a wide range of institutional and financial intermediary firms. Responsibilities include helping to set division strategy (business, HR, finance, IT), supervising the FP&A process, and managing a team of ~50 professionals.

Boston, Ma, Us

• Perform fundamental research across various financial services subsectors. • Responsibilities include: analyzing marketing, product development and operational strategies, creating longer-term financial projections, hosting senior management meetings/calls, and presenting findings. • Portfolio Manager for the $1 bil Fidelity Select Brokerage and Investment Management Fund (Ticker: FSLBX). Morningstar rated 5 stars. Winner 2020 and 2021 Lipper Award for Top Performing Financial Services Fund.

Boston, Ma, Us

• Responsible for generating ideas across the Russell Top 200 stocks for Fidelity's large cap mutual funds.• Day to day activities included conducting in-depth proprietary company/industry research, creating/maintaining financial models on rated companies, performing cross sector valuation analysis (absolute and relative), and writing reports that detail my buy/sell recommendations.

Boston, Ma, Us

• Responsible for generating opportunistic long and short industrial ideas for Fidelity’s $60 billion equity institutional division. • Ran a model portfolio that beat its benchmark in 6 out of 8 years.

• Hired as an Equity Analyst. Promoted to Portfolio Manager after 6 months and to Head of Equity Long/Short a few months later.• Ran a market neutral equity portfolio focused on financial services, business services, and software that generated returns of 13.5% in 2003, 8.4% in 2004 and 5.2% for first 9 months in 2005.• Responsible for generating ideas, portfolio construction, risk management, monitoring trade execution, and managing a 6 person team.• Left due to firm shutting down.

Stamford, Ct, Us

• Responsible for generating Internet/software/business services ideas for a $5 bil long/short equity hedge fund.

New York, New York, Us

• Responsible for performing fundamental research, writing research notes, and building financial models on a variety of Internet stocks.

Managed the financial and human resource departments for a high growth consulting company. Implemented internal systems, policies and controls that enabled the business to grow from 15 employees and $1.5 million in revenue to 65 employees and $5.0 million in revenue over a two-year period.• Developed the company’s first-ever, five-year business plan. • Raised $1.5 million from a venture capitalist.• Developed accounting and human resources procedures, guidelines and reports.• Created annual operating budgets for the company’s four regions. Developed a time/project reporting system, which calculated employee utilization and productivity.• Created compensation programs for the company’s consultants, sales professionals, staff, and managers. • Led the company through it’s first-ever audit and managed the company’s tax filings.• Actively negotiated the sale of the company to USWeb for over $20 million (including earn-out).

Minneapolis, Mn, Us

• Performed complex quantitative and qualitative analysis for a broad range of investment banking activities, including mergers and acquisitions, leveraged buyouts, equity and debt offerings, joint ventures, and private placements. • Recruited to stay on permanently as an Associate after completing the analyst program.

Mba, General

Ba, Economics