Guests

Mitchel Krause

Managing Principal and CCO of Other Side Asset Management

Graduating from the University of Connecticut in 1996 with a BS in Finance.  Mitchel Krause began his journey in the financial industry with boutique investment firm, Ryan, Beck & Company; focusing on bank stocks and municipal bonds.  Initially working with individual investors, quickly gave way to aiding the corporate finance department in facilitating many first and second-step mutual savings bank conversions.

 

After eight years with Ryan, Beck’s Private Client Group, having spent quite a bit of time in Stock information & conversion centers, he transitioned to a hybrid institutional sales//sales trading position within the firms “Bank Services Group” working closely and interacting daily with private wealth, portfolio and hedge fund managers as well as accredited investors and many C-level executives facilitating mutual savings bank conversions, handling corporate buybacks (including 10b5-1 plans), trading, exercising cashless options for executives as well as participating in numerous syndicated deals and capital raises, primarily focused in the small and mid-cap bank stock arena.

 

After witnessing first-hand the emotional reactions from both retail investors and brokers alike during the bursting of the tech bubble in the early 2000’s; then working closely with those considered to be “smart money” (the  institutional money managers and c-level executives) during the Great Recession//mortgage meltdown of 2008-2009.

 

In 2012, he willfully stepped away from his institutional team at Stifel in 2012 – folding back into Stifel’s Private Client Group; moving his family from the NYC suburbs of NJ to Raleigh NC –in an effort to pursue his initial “want” upon entering the business.  Educating retail investors of the conflicts of interest, pitfalls and risk embedded within the financial industry often overlooked by the masses…

 

In 2016 he began creating and running discretionary portfolios, utilizing capital preservation strategies focused on protecting downside risk – while removing emotion from the equation and reducing fees for many investors in the process…

 

After nearly 22 years with the same firm (name change through acquisition) in February of 2018 he founded Other Side Asset Management – a firm focused on providing investors with true “informed consent” when it comes to investing. Educating investors on the “Other Side” of the investing story – that which is often overlooked or simply not being told/sold or marketed to by the vast majority of Wall Street firms.

 

A Quote we choose to live by: Theodore Hesburgh:

 

“My basic principle is that you don’t make decisions because they are easy; you don’t make them because they are cheap; you don’t make them because they’re popular; you make them because they’re right.” 

 

Business initiative most proud of to date:  Our philanthropy partnership: We pledge to donate roughly 40% of our gross “advisory fee” revenues* to a qualifying 501(c)(3) non-profit charitable organization of the referring party’s choiceshould we derive any advisory fee business from the event or introductions.

 

Recent episodes featuring Mitchel Krause

Episode #149 | April 9, 2020

Giving Investors the Other Side of the Story