When you think of a Dallas-based investment management firm, you probably think of Highland Capital Management. Highland has become a leader in the area in giving clients the investments they need and returns that everyone wants. Most people in the finance sphere know that Highland focuses on low-cost alternative investments that other firms are afraid to offer because of lower margins for the investment managers, but Highland Capital Management is committed to giving their clients what they want. Because of this focus on the client, Highland boasts over $13 billion in managed assets. Most of this success and client-focus can be attributed to the President and CEO of the firm, James Dondero. Read more at Huffington Post about James Dondero.
James Dondero started out at American Express in the early 1980s. He was a bond analyst and worked to look for trends in the market and translate current conditions and future expectations into profit for his clients. After a few years in the JP Morgan Guaranty training program, he found that he was quite good at coaching clients and creating funds that would return profits. He grew a small fund to over $1 billion in assets at American Express. Only a few years later, he was hired as the Chief Investment Officer at Protective Life. There, he grew another fund to over $2 billion in assets in only a couple of years. Follow James on Linkedin.
Using his new-found knowledge and awards for his success, he decided to create his own firm. Thus, Highland Capital Management was born. Now Highland is one of the leading firms in the area and serves several types of clients, including other funds, governments, financial institutions, individuals, corporations, pensions, and foundations and endowments. They offer ETFs, mutual funds, collateralized loan obligations, and many other types of equity and credit investments that make their clients’ money.
Along with success in the business world, Dondero has been able to also create success in the philanthropic world. He has given millions of dollars to area charities and organizations, including several educational societies. He has even given over $10 million in profits away to the George W. Bush Presidential Library since 2012. James Dondero has been and will continue to be, a boon for the Dallas area.
It seems sometimes impossible to make ends meet. Even when people work and become prosperous, bills can sometimes become an overwhelming thing. In education at the high school level and below,, economics are taught, but it focuses on the economy as a whole and not things like money management and personal finances. These types of learning opportunities are sorely needed now because many of the financial pitfalls are hidden from all but the most savvy financial professionals. Consumers often only find these things out when they are bearing the brunt of some type of unfair system.
Formerly, these things were obvious, but now many financial traps are disguised to fool consumers into obtaining more than the desired amount of credit. This becomes a major issue that can affect the financial feasibility of doing things like moving out, starting a family and buying a home. In this manner, the growth of America is stiffed somewhat. I thought that I was above these pitfalls, but actually no one is. However, at least I am smart and resourceful. I also have the time to research things, but I often wonder what people that are not as fortunate as me do when they encounter these unfair financial products.
These issues are really rampant in the automobile industry. There are problems at all levels that can endanger the financial stability of families and individuals alike. It is very alarming that people can be affected that way without any recourse, but this is the case many times when unsuspecting consumers begin to purchase vehicles. The problems reaches from the salespeople to the finance companies. It is in the financing realm in which I encountered the issues that impacted me more broadly than it ever should. There are solutions to these issues, but they are not readily evident even with research.
That is why I made this post. I actually found a reputable company that refinances car loans. I may date myself somewhat by saying that before the internet, the option for refinancing an auto loan were nonexistent. Now I have found a fitting solution that is completely transparent and helpful. Ignition Financial is the only company I trust in the entire automotive industry. their website was clear and responsive, and so were their customer service representatives. I had no issues refinancing, so I am shouting it from the rooftops. Ignition Financial did the trick with no nonsense.