Tune in to the Slow Money Show on WGSO 990 AM on Wednesday's at 5pm!
Hosted By Jean Paul Lagarde, Chief Investment Officer
Jean Paul has devoted his entire adult life to the study and practice of finance, and his practical experience spans a broad range of roles within the profession. Even before he finished his BS in Economics at the University of Dallas, he’d taken his first internship in the industry and continued his industry work part-time throughout college. After completing his degree in 1998, he transitioned immediately into his graduate work at the University of Dallas, where he earned his M.B.A. in Corporate Finance and Investment Analysis.
After graduation, his first full-time role was as an institutional equity analyst for a regional investment bank that specialized in the energy sector. From there he he transitioned to institutional sales where he advised banks, mutual funds, trusts, and hedge funds on their equity portfolios. His goal was to eventually transition into the institutional asset management space, so after spending some time in Latin America doing private investment, Jean Paul returned to Dallas to work with a unique RIA whose practice reduced market risk from options contracts via a sophisticated asset management program. This RIA was also in the process of launching a hedge fund to offer asset management services to both institutions and family office centered clientele. Jean Paul served as senior analyst and assisted the CIO/Portfolio manager in portfolio construction.
At ARC, Jean Paul leverages his expertise in portfolio construction, and risk mitigation— particularly through the use of options contracts—to reshape the risk/reward curve of equity market exposure. He believes that risk-reduction should be at the core of financial plans, and the resulting investment portfolios should be designed to meet their determined objectives. He shares ARC’s core believe that investment risk should be actively managed, and he does his part to ensure this by running various investment strategies designed to utilize options that both reduce risk and generate low-risk income. The ultimate goal is to allow clients to participate in market upswings, while reducing the potential perils of an equity drawdown.
Jean Paul lives in the Irish Channel of New Orleans with his wife Patricia and their daughter Elizabeth. They enjoy the comforts of small restaurants and interesting local shops that are all within walking distance of home. Patricia and Elizabeth just finished a six-month stint in Peru as part of Patricia’s Fulbright dissertation fellowship as she pursues her PhD in Art History at Tulane University in New Orleans.
When he’s not in the office, Jean Paul loves to spend time with his friends and family, especially when he’s reading books to Elizabeth. He also loves to travel, often seeking out new vineyards across the globe and the wines that accompany those discoveries. When home, he loves to cook, or to roll up his sleeves and make improvements on his historical house in New Orleans, which is over 100 years old.
A word from J.P.:
“I believe many investors are unaware of the true risks they are bearing in traditional, plain-vanilla asset allocations (basket of typical stocks, mutual funds and/or bonds), and this is unacceptable in my mind. Nobody wants to see their portfolio wiped out like so many were in 2008, which is why risk reduction is at the heart of what I do. Risk can be defined and quantified in precise terms, and we can decide exactly which risks and how much of each we wish to bear to strive for returns. We believe that the ability to manage portfolio risks can do more for the overall long-term health of a portfolio. My goal is for our clients to be knowingly exposed to a limited and manageable amount of risk, rather than an unknown, undefined, and unlimited amount of risk.”