Jeff Mcdonald Email & Phone Number

Salem, Ma, Us

• Created the trust and wealth management department at Salem Five, which established full trust powers and wealth management capabilities designed to serve the needs of the bank’s retail and commercial clients, as well as the high net worth and non-profit segments. • Responsible for developing a cross-sell culture, highlighting the benefits of wealth management and trust, with particular emphasis on commercial lending, Community Business Banking and non-profits, with additional importance on building the brand with professional centers of influence.• Charged with managing the profit and loss of the department, along with hiring and development of key personnel to fully embrace the value of working in a fiduciary capacity as it relates to and reflects the core values of the bank.• Designed all of the trust and investment policies, as well as implementation of all the systems to fully develop the wealth management and trust opportunities within the Salem Five footprint. • Chair of the Trust Committee, comprised of key executive management and board members, which supervises all of the activities of the trust and wealth management department, including the Trust investment Committee, Trust Administration Committee and Trust Operation Committee. In addition, actively participates in reporting all of the activities and results of the department to the Executive Committee.• Responsible for negotiating all vendor contracts, including custodial services, portfolio management systems and trust platform, research providers, and tax reporting, along with coordinating vendor reviews with compliance and risk management and supervising the annual internal and bank regulator audits.• Established a team-oriented investment process tied to the strategic and tactical asset allocation models designed by the C.I.O.. Specific investment responsibilities consist of the management of the Large-cap Core equity portfolio and taxable and tax-exempt bond management.

Lowell, Massachusetts, Us

Responsible for driving the overall investment process and asset allocation strategy on more than $600 million in assets under management for high net worth individuals and institutional clients. Lead manager of the Large-cap core equity portfolio covering Consumer Discretionary, Consumer Staples, and Industrial sectors. Sector coverage includes an in depth analysis of company fundamentals, valuation, and growth prospects, which has generated consistent Alpha in client portfolios. Responsible for the construction and management of both taxable and tax-exempt fixed-income portfolios. Author of the EIA quarterly and investment newsletter which expresses the group's view of the global macro-economic environment through its strategic and tactical strategy. Manage and communicate investment reviews with clients on a consistent basis to ensure adherence to investment policy constraints. Active member of the investment committee which sets investment policy guidelines and procedures for all bank clients and responsible for reporting the results to the Executive Investment Committee.

Managed over $200 million for clients with distinct objectives, risk profiles and time horizons. Assist the business development function by presenting Sovereign's wealth management story and investment process to prospects. Responsible for research and management of the Industrial, Consumer Discretionary, Staples and Telecommunication sectors for Sovereign's Core Equity portfolio. Communicate with clients on a quarterly basis to review performance and highlight market conditions as it relates to the current economic environment. Continuous review of client portfolios to assure proper alignment of the objective and the asset allocation strategy selected. Develop and facilitate market commentary, along with economic updates for both internal presentations and client reviews.

New York, Ny, Us

Established a partnership to enhance the investment process and develop a wealth management practice based on Modern Portfolio Theory. Built relationships serving as a solutions-provider for customers with unresolved financial needs. Developed a process-driven business model designed to meet the customer's goals and objectives.

New York, Ny, Us

Boston, Ma, Us

Developed business opportunities in all fixed-income products including Treasuries, Agencies, Corporates, High-Yield and Municipal securities. Specialized in developing and educating middle market client-base on the structure and implementation of mortgage-backed securities in the client portfolios. Responsible for building fixed-income portfolios to satisfy future liability streams for institutional-level accounts.

Developed and managed a $500 million matched-book. Managed $300 million in Corporate, Agency, U.S.Treasury and Non-Dollar securities with maturities less than two years in duration. Served as the staff analyst for the equity and fixed-income teams by attending analyst meetings and economic forums.

Master Of Business Administration (Mba), Finance

Bachelor Of Science (B.S.), Marketing