David Herbert - ETRADE Financial Senior Vice President - Retail Services

President

Mr. David S. Herbert is Senior Vice President Retail Services of the Company. He was also appointed as the President of ETRADE Securities LLC in August 2015. As head of retail brokerage services Mr. Herbert oversees the brokerage business across all of the Companys products and channels. Prior to joining the Company in 2013 Mr. Herbert worked at Charles Schwab as Regional Branch Executive of Investor Services setting strategic retail direction as well as driving the implementation of a new client relationship model and he held a number of senior positions with Fidelity Investments including managing investor centers and overseeing branch and premium distribution channels. Additionally he has held various positions at Merrill Lynch RacalRedac Inc. and Reynolds and Reynolds Company. He has a B.S. in Business Administration from Wittenberg University. since 2015.
Age 56
Tenure 9 years
Phone646 521-4340
Webwww.etrade.com

ETRADE Financial Management Efficiency

The company has return on total asset (ROA) of 1.25 % which means that it generated a profit of $1.25 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 12.02 %, meaning that it created $12.02 on every $100 dollars invested by stockholders. ETRADE Financial's management efficiency ratios could be used to measure how well ETRADE Financial manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 2.82 B in liabilities with Debt to Equity (D/E) ratio of 0.41, which is about average as compared to similar companies. ETRADE Financial LLC has a current ratio of 1.06, suggesting that it is not liquid enough and may have problems paying out its financial obligations when due. Debt can assist ETRADE Financial until it has trouble settling it off, either with new capital or with free cash flow. So, ETRADE Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ETRADE Financial LLC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ETRADE to invest in growth at high rates of return. When we think about ETRADE Financial's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

PRESIDENT Age

Rashida LandeKraft Heinz Co
49
Carlos PianiKraft Heinz Co
43
Matthew HillKraft Heinz Co
44
Christopher LangholzTyson Foods
57
Francisco SaKraft Heinz Co
50
David BebberTyson Foods
59
Doug RamseyTyson Foods
50
Howell CarperTyson Foods
61
Mike RoetzelTyson Foods
55
Nina BartonKraft Heinz Co
N/A
Steve GibbsTyson Foods
45
David KnopfKraft Heinz Co
28
Sally GrimesTyson Foods
46
Lisa CapodiciCardinal Health
N/A
Michele HolcombCardinal Health
52
Michael MullenKraft Heinz Co
43
Donnie KingTyson Foods
62
Pedro DrevonKraft Heinz Co
34
Justin WhitmoreTyson Foods
37
Brady StewartTyson Foods
45
Michelle ObornVirchowLifevantage
44
ETRADE Financial Corporation, a financial services company, provides brokerage, and related products and services for traders, investors, registered investment advisors , and stock plan administrators and participants. As of October 1, 2020, ETRADE Financial, LLC operates as a subsidiary of Morgan Stanley. ETRADE Financial operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 4178 people. ETRADE Financial LLC (ETFC) is traded on NASDAQ Exchange in USA and employs 4,178 people.

Management Performance

ETRADE Financial LLC Leadership Team

Elected by the shareholders, the ETRADE Financial's board of directors comprises two types of representatives: ETRADE Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ETRADE. The board's role is to monitor ETRADE Financial's management team and ensure that shareholders' interests are well served. ETRADE Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ETRADE Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Donna Weaver, Independent Director
Michael Curcio, Chief Brokerage Officer
Rebecca Saeger, Independent Director
Shelley Leibowitz, Director
Brent Simonich, Principal Accounting Officer and Controller
Robert Chersi, Director
Joshua Weinreich, Director
Jaime Ellertson, Independent Director
Kyle Okimoto, Senior Vice President - Marketing
Kevin Kabat, Director
Chad Turner, CFO
Richard Carbone, Independent Director
Michael Foley, Chief Admin. Officer and Executive VP
James Healy, Director
James Lam, Independent Director
Gary Stern, Director
Karl Roessner, Executive VP, General Counsel and Corporate Secretary
Rodger Lawson, Independent Non-Executive Chairman of the Board
Brett Goodman, Chief Communications Officer
Michael Pizzi, CFO and Executive VP
Paul Idzik, CEO, Director and President of E*Trade Bank
Navtej Nandra, President
David Herbert, Senior Vice President - Retail Services
Lori Sher, General Counsel
Paul Brandow, Acting Chief Risk Officer
Ellen Koebler, Executive Vice President Chief Risk Officer
Paul Hutchison, Senior Vice President - Corporate Services
Joseph Sclafani, Independent Director
Frederick Kanner, Independent Director

ETRADE Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ETRADE Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ETRADE Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ETRADE Financial's short interest history, or implied volatility extrapolated from ETRADE Financial options trading.

Pair Trading with ETRADE Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ETRADE Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ETRADE Financial will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Global X could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global X when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Global X - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Global X Funds to buy it.
The correlation of Global X is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Global X moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global X Funds moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Global X can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the ETRADE Financial LLC information on this page should be used as a complementary analysis to other ETRADE Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Other Consideration for investing in ETRADE Stock

If you are still planning to invest in ETRADE Financial LLC check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ETRADE Financial's history and understand the potential risks before investing.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
CEOs Directory
Screen CEOs from public companies around the world
Equity Valuation
Check real value of public entities based on technical and fundamental data
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Insider Screener
Find insiders across different sectors to evaluate their impact on performance