Treveri Capital LLC
Founder, Financial Advisor
With almost 20 years in the financial industry, Jeff Martinez's roots are from the Los Angeles Pacific Stock Exchange (PCX) as an electronic floor broker executing billions of shares a day. An unknown fact, he did so many executions the LA PCX one day shut down early because he brought in too much order flow. Jeff's specialties include micro-market structure, equities, options, private equity, executive liquidity, crypto ledgers, asset management, hedging, fintech, and portfolio risk optimization.
Jeff got his start in finance at a broker dealer called Order Execution Services (OES) a division of Herzog, Heine, Geduld on the Los Angeles Pacific Stock Exchange. OES specialized in US equity executions for BD’s, dark pools, and various types of professional traders. Herzog, Heine, Geduld was one of the largest market makers in the world for over the counter stocks. He led the development of a division catering to off exchange listed executions and later going global. OES then did several BD buyouts and then got acquired by Merrill Lynch. Moving from the institutional market place to the retail side, Jeff worked at AXA Advisors and TD Ameritrade as an investment advisor. Having a background from the exchanges, building out customized portfolios, and managing risk was a natural fit for Jeff. Jeff continues to use his market structure knowledge to help clients optimize their portfolios.
Being a Los Angeles native, he has a degree from California State University Long Beach in Business Administration with a concentration in Finance. He holds a Series 7, 63, and 66.
Seeing a need for highly skilled and experienced financial advisors, he started Treveri Capital.
BA, Finance, California State University- Long Beach
Information contained herein is for informational purposes only and should not be construed as an offer, solicitation, or recommendation to buy or sell securities, or personalized investment, tax or legal advice. The information has been obtained from sources believed to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the stocks they discuss. The information and content are subject to change without notice. TreveriCapital LLC is a California registered investment advisor.
It's always good to have accounts at different institutions primarily for risk, service, and product offerings.
- Risk- SIPC coverage is limited to $500,000 per customer, including up to $250,000 for cash. Rights under SIPC protection. Some broker/dealers also have excess coverage from 3rd parties. Here is an example from Interactive Brokers Protection and excess coverage.
- Service- Although consolidation is good, it's always good to have multiple accounts in case you get bad service from one provider.
- Products- The product offerings may vary at each institution which will have a factor on what type of portfolios are built out and/or products pushed.
Binary options are a yes or no contract on a certain asset. Usually, they are a binary stock index based on a particular index like the S&P 500 or binary currency based on a currency such as EUR/USD. There are also binary options on commodities. Depending on country and jurisdictions, these contracts can be based on other assets too. A break down from the CFTC and warning of binary options.
Advancements in artificial intelligence (AI) will enhance the markets with self learning trading for investment strategies. This, in turn, allows for faster reactions to news and better market efficiencies in extreme situations. Instead of optimizing a trading strategy at the end of day, it will be real time. AI will also improve customer service with more automation, messaging (FinBots), and client behavior analysis. Here is a picture of the AI Fintech landscape and specific pre-IPO private companies. There are some good articles on the AI Fintech space here and here.
You can directly or indirectly take advantage of these technologies depending on how active you want to be with your finances. Directly if you want to trade or build FinApps. Indirectly if you are using financial services from brokers/dealers, investment advisor, or banks that use AI technologies.
You are correct, banking is vague and is usually misunderstood by most people. Traditionally banking meant working in a typical bank such as Bank of America, Chase, or Citi and servicing their clients on a one on one basis, ie "Banker." Some will confuse that with Investment Banking which is on the broker dealer side regulated by the SEC/FINRA vs. banks being regulated by the Federal Reserve/State. Investment Bankers are primarily focused on corporate transactions such as mergers and acquisitions (M&A), initial public offerings (IPO's), private placements, and other transactions on the corporate level. A really good read on the culture is written by Michael Lewis in his book called "Liars Poker".
After the Glass Steagal Act came down, the term "Banker" was loosely used by most people. Banks then bought out broker dealers for distribution of products such as asset management and other security products. During this time, the banks started doing jobs that were once only done by broker dealers. Thereby, the "Banking" term coined with various different jobs categorized into it.
Typical "Banking" jobs can now be seen as:
- Commercial Bankers
- Investment Bankers
- Investment Advisors
A good way to figure out the job market in each of those areas is to network with people in those jobs. Depending on where you live, try to join groups or associations that specialize in those areas. Most of the bullets mentioned have trade associations for each one with events. That's a really good way to get into the hard to enter jobs.
A lot of this comes down to your current health and financial resources. If you think you're going to live past 80 years old, it's always good to have some form of liquid risk in place for whatever happens to you. Also, can you afford the extra dollar amount premium? Keep in mind, the costs aren't really a factor as much as the liquidity that the life policy provides.