James Dondero: Dallas’ Financial Services Expert

James Dondero began his career as a financial analyst as all good analysts do – by getting the proper training. In 1984, he completed his studies at the University of Virginia’s McIntire School of Commerce, where he studied both Accounting and Finance – and still graduated with honors. Upon completion, he was invited to join the Morgan Guaranty training program, which he completed. He also became a Certified Management Accountant and a Chartered Financial Analyst.

Following this intense training, Mr. Dondero went on to work for American Express in 1985, where he was tasked with analyzing corporate bonds. He resigned from American Express after four years, but not before becoming responsible for about one billion dollars in fixed income funds. Read more at Huffington Post about James Dondero.

After leaving American Express, James Dondero had a brief stint as GIV’s CIO. Readers may be familiar with GIV’s parent company, Protective Life.

But James’ career is highlighted by the founding, and success, of Highland Capital Management in 1989, where his current title is President & Co-Founder. Because of his leadership, Highland Capital Management has earned awards for both their services and their systems for both individual and corporate investors. The company is now responsible for over thirteen billion dollars in assets. Highland Capital Management is affiliated with various financial institutions, including NexPoint and Acis Capital Management. The organization has received awards from Lipper and Morningstar. Follow James on Linkedin.

James Dondero has had an incredible thirty year career in the financial services industry. He not only had extreme success at the household name American Express, but went on to co-found an organization that is also thriving.

Read: https://www.bloomberg.com/research/stocks/private/person.asp?personId=2159086&privcapId=37846394

Highland Capital Top Executive James Dondero

James Dondero, along with his business partner Mark Okada, started the Highland Capital Management investment firm in 1993. He gained his experience in credit and equity management through his 30 years of work in the field in companies that include American Express, JP Morgan and NexBank. At American Express, where he was employed from 1984 to 1989, he managed fixed income funds, and he became a financial analyst in JP Morgan’s training program shortly after graduating from the University of Virginia, where he earned two Bachelor of Science degrees in Accounting and Finance. Learn more about James Dondero at Affiliate Dork.

He was later put into the position of Chief Investment Officer for a subsidiary of the Protective Life insurance company. During the time he worked at this company, he managed to help increase its worth substantially, turning it into a $2 billion enterprise. His past work history also includes a position as a Certified Public accountant at other businesses. His company, Highland Capital Management, is considered to be one of the largest and most lucrative alternative credit management firms in the country, with assets that’s somewhere in the area of $18 billion.

On top of being one of Highland Capital’s top executives, James Dondero also serves as the Chairman of NexBank , Cornerstone Healthcare and CCS Medical, and his company donates nearly $3 million each year to charities through the Dallas Foundation, which is an organization that is focused on providing support to veterans’ causes, as well as on promoting education and better healthcare to those who are in need of it. In addition to being a very involved philanthropist, James Dondero is a board member of the American Banknote company and the entertainment company, MGM Studios. Read more about James Dondero at Daily Forex Report.

Along with his business partner, Mark Okada, who also has over 30 years of experience in credit management, he comes up with low-cost alternative strategies when managing clients’ investments in credit accounts such as collaterized loan obligations, private equity, mutual funds, hedge funds, separate accounts and distressed investment funds. Highland Capital is based in Dallas, Texas, but also has offices in Brazil, Singapore and Seoul, and it has over 100 employees.

View: https://patch.com/texas/across-tx/james-dondero-dedicated-philanthropist-who-strives-make-impact-dallas-texas

Getting Proper Landlord Insurance Coverage

The hospitality industry has gone through a major change over the past five years as more and more people use unique services such as Airbnb and other short-term rental options. The services have been popular with both guests, who enjoy the comfort and value compared to a hotel, and homeowners who enjoy the extra income they can receive from tenants. While renting out your home on Airbnb or a similar website can provide some extra income, there are several issues that all people need to be aware of before renting out their home.

The first risk that you need to consider before renting out your place is the risk that you are violating some law or rule. Short term rentals are often in violations of local ordinances or condominium association rules. Simply having a tenant in your property could lead to a violation, which could result in you being fined or penalized in another manner.

Another risk that all people need to be aware of is the risk of damage to their home. While you may be able to collect a security deposit and get some form of insurance coverage from the website, this often is not enough. A bad tenant that throws a party or is careless with your home could easily rack up tens of thousands of dollars in damage. Also, if a crime is committed in your property you could base some form of liability.

In most cases a basic homeowners insurance policy will not provide you with adequate coverage. Unfortunately, the level of coverage you might need is unknown and can be complex. If you are looking to rent out your home to either a short-term or temporary tenant, it would be a great option to speak with Richard Blair first. Richard Blair is a personal financial expert, whom is the CEO of Wealth Solutions Inc. One area of his expertise is personal insurance. Richard Blair will be able to walk you through all of the risks that come with renting out your home and will be able to provide you with a personal insurance plan to offset those risks.

Richard Blair and Wealth Solutions can also provide you with additional personal financial services. He and his firm will be able to help you prepare a full financial plan to help you prepare for retirement and achieve both your short and long-term financial goals.

Learn more:

http://www.wealthsolutionsria.com/contact

http://www.wealthsolutionsria.com/p/services