"When we evaluated different external Trading & Investment Management consultants, it was imperative that we partnered with a firm that had deep real-world experience, was well respected in the industry, and proficient in investment management best practices. Once introduced to Jeff, it was clear that he fulfilled our criteria for both the front-office Investment Team and Internal Audit’s needs. Post our successful engagement with Jeff, I have witnessed his deep knowledge of Outsourced Trading and would broadly recommend him."
Former President of Fidelity Investments and Executive Chairman of MFS Investment Management:
"Jeff and I first met in 2004 when I joined MFS Investment Management as Chairman. During my tenure at MFS, he and I worked very closely, initially focusing on an SEC enforcement action and then firmwide strategic initiatives. I have experienced firsthand and value Jeff’s passion, creativity, leadership, boardroom acumen, and investment process/best execution skills. When I transitioned to teaching at Harvard Business School and then MIT Sloan School of Management, I continued to leverage Jeff in multiple ways. Two of these were Jeff providing 1:1 career guidance to certain graduate students as well as hosting an annual, well-received 'day in the life' in the Investment Management industry for my class."
"We retained Jeff, in a witness capacity, to be part of our legal team in representing a client in the financial services industry. Jeff's combination of his prior witness experiences, practical industry knowledge, and his effective and clear communication skills all ensured success in explaining and demystifying complex topics to all parties involved in the case. If the opportunity arose, I would not hesitate to use Jeff again for future litigation support."
“Jeff and I worked very closely throughout the sixteen years that we overlapped at MFS. I leveraged Jeff’s trading, liquidity sourcing, public policy, and best execution skillsets during my roles as an Equity Analyst, Director of Research, Portfolio Manager, and CIO - Equity. I also had the privilege of having Jeff as a direct report for many years and highly recommend him and his consulting services."
“Jeff’s professional reputation and experience prompted us to retain his services for an in-depth review of our trading procedures. His deep knowledge surrounding the implementation of investment decisions was instrumental to our best practice review. Following significant growth in our asset base, we were able to leverage his institutional perspective on alpha retention through a full assessment of our trading process and the use of technology.”
Co-Head of Global Distribution/President (Retired), MFS Fund Distributors:
"Jeff and I worked together at MFS Investment Management for nineteen years, and I have seen him successfully lead many initiatives. My distribution responsibility (and my senior leadership team) consistently intersected with Jeff’s investments role through new product development, industry and regulatory investor advocacy, separately managed accounts (SMA) broker-dealer distribution governance & best execution monitoring, and his role as Chair of Trade Oversight (Best Execution) Committee. Jeff’s passion for creative industry solutions that benefit all asset-owners (both MFS and non-MFS clients) drove him to champion our funding commitment and his subsequent Board Member role of the Luminex block trading venue. After I retired from MFS, I introduced Jeff to the C-Suite of an asset management relationship (who retained his services) and I will continue to recommend him."
“I have known Jeff since 1999, worked with him for six years, and most recently retained him for an investment technology assessment, trading desk structure, and best execution process review. Jeff’s extensive practitioner knowledge, leadership skills, and awareness of the marketplace (both investment management best practices and vendor solutions) made him the natural choice for our engagement.”
Chair of the Portfolio Trading and Marketing Committee:
“During my fifteen-year tenure as an MFS Investments Trustee, I had the opportunity to work closely with Jeff in his various senior leadership roles. In addition to his active participation in the Trustee meetings, I utilized Jeff as an effective investment process, trading, and market structure resource. Jeff’s client-first focus, passion for fair and efficient global markets, and his ability to explain complex topics (such as the interconnectivity of trading venues and how to implement strategies to both measure and reduce trading impact) in an easy to comprehend manner all are attributes of him that the MFS Investments Funds Board valued.”
“Jeff’s deep expertise and experience in this space have been apparent from day one. We are very pleased to have him as part of our team, as we consider how we consume, track and value investment research across our equity investment teams. We have appreciated his practical, thoughtful and tailored approach throughout, and his keen interest in getting to know us as a firm, rather than applying a 'one size fits all' mentality or 'you have to do it my way' approach.”
“Jeff’s focus on what is best for the end asset owner was a key attribute which led to us engaging him. His industry leadership and deep investment management experience continue to be both accretive to our tactical client solutions and overall strategy.”
“I have seen Jeff’s performance from multiple perspectives; first, as a business unit leader consuming a variety of my firm’s consulting services when he was a client and second, as a consulting partner collaborating with me on a complex investment management client’s operating model assessment. I asked Jeff to join me on this client engagement to leverage his strong reputation and credibility as a Head Trader, investment process and operations knowledge, and ability to quickly comprehend the client’s current state while being able to offer independent, tailored suggestions on a financially efficient, risk reduced, optimized future state. I look forward to working with Jeff again in the future.”
“Our firm historically has focused on helping clients transform their finance, accounting, risk, operations, and technology functions to prepare for complex change, optimize performance, and accelerate business growth. We had an opportunity to expand our service offering, with a trust company prospect, around the strategy and selection of a new trading platform solution. Jeff was retained for his investment process subject matter expertise and helped us close the opportunity plus ensured success throughout the engagement.”
“When Jeff and I worked together, Jeff was always my first stop for questions concerning issues such as trading, execution, research payments and market structure. Most of the time, Jeff was my only stop. Jeff is supremely knowledgeable about all manner of equity trading and market structure issues, from order execution strategies under a variety of market conditions and portfolio manager preferences to the various measures of execution quality, including their strengths and shortcomings. Jeff translated this knowledge into effective guidance that facilitated the MFS equity trading desk's ability to implement portfolio manager orders while minimizing all manner of trading costs. Jeff was also able to leverage effectively his knowledge of trading and "commission spend" into a deep expertise regarding research payment and research consumption issues, from commission sharing/client commission arrangements to MiFID II-compliant research payment accounts and research payment programs that complied with both MiFID II and SEC/28(e) requirements. Jeff also proved to be an effective advocate with industry trade groups and policy makers, as I observed most recently in connection with his comments on the SEC's proposal to create a transaction fee pilot for NMS Stocks. Jeff would continue to be my first stop going forward.”
“It has been my pleasure to have worked with Jeff in past career stages and highly recommend him. Jeff is an expert in trading risk, best execution, investment technology and end-to-end investment management processes. His ability to educate professionals on sophisticated and efficient control design strategies to manage operations and mitigate risk to appetite tolerance levels is a strength. As a result of his work on engagements related to attestation requirements including those executed by external auditors, Jeff is able to efficiently identify key areas of risk focus in line with regulatory requirements. His vast experience working with the lines of defense helps them identify targeted assessment and surveillance techniques using data analytics coupled with industry scenario analysis made ready for executive and Board level presentation. A proactive and driven business leader, Jeff knows what solid risk management programs look like and how to achieve them in his area of expertise. His experience in the first line as an effective leader and collaborative approach to achieving goals across the lines of defense promotes key corporate initiatives including risk transformation and convergence.” - September 2019