Joseph Tumminelli Email & Phone Number

New York, Ny, Us

TRADING CONSULTATION & ADVISORY SERVICES | EQUITY & MARKET ANALYSISHIGH-VOLUME TRANSACTION EXECUTION | ORDER OUTSOURCING | RISK EVALUATIONOTC TRADING | RISK-EFFECTIVE TRADING | TRADE PERFORMANCE OPTIMIZATION• Assume a multifaceted and all-encompassing role, providing best-in-class trading support to 150+ managers globally by evaluating and executing buy/sell orders with asset under management (AUM) worth $1Tn, involving separately managed accounts and unified managed accounts (SMAs/UMAs).• Serve as a main point of contact for delivering effective trading consultation and advisory services to technical teams by providing insightful equity and market analysis across domestic and international equities.• Support end-to-end consolidation of order management system (OMS) and full-scale testing on a weekly basis.• Manage training initiatives for new analysts on the trading floor to drive performance excellence.• Conduct risk evaluation on OTC trading, involving price volatility and impact of external events on trade value.• Utilize innovative tools to access marketplace liquidity while maintaining execution standards and policies.• Execute robust strategies to ensure seamless execution for foreign/domestic equities, options, and ETFs.• Liaise with cross-functional teams to assess market trends and evaluate risk factors with precision.

Us

TRADE OPERATIONS REGULATION | ASSET MANAGEMENT | PORTFOLIO REBALANCINGSTRATEGIC ASSET ALLOCATION | PORTFOLIO ADJUSTMENT | ACCOUNT TRACKINGMODEL PORTFOLIO TRADING | PORTFOLIO RISK MANAGEMENT• Proficiently assessed (5) strategic asset allocations for portfolio adjustments and investment policy committee.• Directed and regulated trade operations by monitoring cash flows for efficient financial/asset management.• Addressed advisors’ inquiries, involving trading activity/portfolio rebalancing for successful project delivery.• Processed account servicing forms for withdrawals, beneficiary updates, and address changes with precision.• Drafted comprehensive dispersion, AUM, projected revenue, and profitability reports for diverse accounts.• Drove revenue growth by investing in new accounts and tracking dollar-cost averaging for invested accounts.• Reduced risk to drive portfolio management efficiency while adjusting model allocations to suitable platforms.•Utilizedanalyticalmindsettomonitorfunds’concentrationpercentagesfortrading/riskmanagementactivities.• Tracked accounts via systematic withdrawals, restricted positions, and pending distributions to reduce redundancy while optimizing portfolio performance and ensuring efficient capital allocation.• Build trades in equities, fixed income, and derivative markets to optimize portfolio performance.• Developed relationships with brokers and financial institutions to facilitate efficient trade execution.

New York, Ny, Us

TRADE EXECUTION STRATEGY OPTIMIZATION | TRANSACTION COST REDUCTIONTRADING ISSUE RESOLUTION | CLIENT ACCOUNT RECONCILIATIONTRADE/EQUITY ORDER EXECUTION | PORTFOLIO ALLOCATION OPTIMIZATION• Utilized algorithms to identify liquidity in lit and dark markets while optimizing trade execution strategies for enhanced market performance and minimizing transaction costs to ensure optimal portfolio returns.• Delivered best-in-class execution services on domestic and foreign equities, options, mutual funds, and fixed-income securities while cultivating tailored trading strategies in alignment with valued client requirements.• Worked with talented teams to reconcile client accounts, coordinate settlements, and process allocations.• Executed trade orders for multi-asset models to optimize portfolio allocation/drive investment performance.• Leveraged in-house electronic OMS and order routing platforms to ensure seamless equity order execution.• Strategically coordinated with in-house and external money managers regarding complex trading issues.• Cultivated robust strategies in alignment with market trends, regulatory changes, and industry developments.• Managed and executed trades across various asset classes, including equities, fixed income, and derivatives.

New York, Ny, Us

UMA PRODUCT MANAGEMENT | UMA MODEL MANAGEMENTINVESTOR ACCOUNT MANAGEMENT | RISK MANAGEMENT• Collaborated with multi-functional teams across operations, technology, marketing, and new account departments to resolve complex issues, involving UMA products, exchange-traded funds, and mutual funds.• Contributed toward managing the UMA model to drive performance/ROI for 18K+ accounts with $7Bn AUM.• Liaised with the client services department to manage investors’ accounts in accordance with risk profiles.• Served as a liaison between investment managers and financial advisors to ensure seamless trade execution.• Assisted in the development and implementation of robust investment strategies for high-net-worth clients.• Worked with senior portfolio managers to monitor/adjust investment positions based on market conditions.

New York, Ny, Us

• Assisted in the management of private wealth portfolios by conducting in-depth financial research/analysis.• Worked with senior advisors to develop comprehensive financial plans tailored to clients' specific goals.• Conducted market research and analyzed economic trends to provide valuable insights for decision-making.• Supported the onboarding process for new clients while ensuring accurate account setup/documentation.• Engaged in the reconciliation of client accounts while resolving discrepancies and ensuring accurate reporting.• Exhibited commitment toward delivering exceptional services while fostering positive client relationships.• Coordinated with cross-functional teams to support various aspects of private wealth management operations.• Developed a strong understanding and knowledge regarding financial markets, investment products, and wealth management strategies through ongoing training and professional development.