David K. Donovan: A Story of Continuing Achievement in the Financial Services Industry

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Once one of the top performing traders at Fidelity Investments, David K. Donovan has continued to build a successful career after leaving the company by inventing a new platform for himself. In fact, he has created a new paradigm by building a new business model that leverages his high-level trading experience and contacts in the world of Wall Street to build business relationships in the financial sector.

“Having known David for many years, his ability to maximize shareholder return and his renowned work ethic, combined with a tremendous network of relationships, continues to be the key to his success" -- John Wolf, Senior VP, Standard Credit Group

Once one of the top performing traders at Fidelity Investments, David K. Donovan has continued to build a successful career after leaving the company by inventing a new platform for himself. In fact, he has created a new paradigm by building a new business model that leverages his high-level trading experience and contacts in the world of Wall Street to build business relationships in the financial sector.

“Having known David Donovan for many years, his ability to maximize shareholder return and his renowned work ethic, combined with a tremendous network of relationships, continues to be the key to his success,” said John Wolf, Senior Vice President at Standard Credit Group in New York. “I continue to be impressed by how his integrity, hard work and ‘smarts’ have led to new success in the same market.

“David’s current role also illustrates a pivotal moment in how top tier consultancies are evolving to best serve their clients in the financial sector and others,” he added.

Offering a Unique Real-World Understanding
Donovan offers financial service companies a unique real-world understanding of capital markets, client needs and the regulatory environment. He helps drive market strategy, often identifying and capitalizing on emerging global market growth opportunities and trends.

He continues to drive business development and thought leadership in advising companies on the key issues that banks are facing today. These include such real-time issues as Independent Price Verification (IPV) and other pricing processes to bring transparency to previously non-transparent asset valuations and a Central Clearing Warehouse (CCP) repository for derivatives that monitors risk through a mandated third-party settlement.

One of his key areas of focus is the current regulatory environment and the Dodd-Frank Wall Street Reform and Consumer Protection Act. In an era of continuing focus on transparency in the capital markets, Donovan’s insider’s knowledge helps companies understand and conform to these new regulations that increase investor protection.

Previously, Donovan was the preeminent trader at Fidelity Management & Research (FMR), where his vision and grasp of the intricacies of the global market enabled him to make key decisions across Fidelity’s major funds. For seven consecutive years, from 1999 to 2005, he was one of Fidelity’s highest rated traders. He was routinely sought out by top fund managers for his expertise in driving fund performance and met regularly with major Wall Street analysts.

An Industry Resource    
With his extensive experience and knowledge, Donovan has been quoted in widely read trade publications for the financial services industry on topics ranging from risk management and business imperatives to complex equity derivatives.

He is also an in-demand speaker, most recently at Boston College (BC), where he graduated with a degree in Business and Finance and was also a varsity football player. During that one-hour speaking engagement, he provided advice for BC students that are considering entering the financial services industry.

In his personal life, Donovan is an active philanthropist. Through The Donovan Family Scholarship Fund, he is a major fundraiser for BC and has endowed an athletic scholarship for promising student athletes since 2003. He also supports a number of other organizations, including Girls Inc., My Brother’s Table, LPS School and Marblehead Public Schools Scholarship Fund.

“Throughout his demanding and very successful career, David has always found the time to make a strong commitment to give back to both his school and the local community,” said Jack Mula, Principal at Cornerstone Sports Consulting in Leesburg, VA. “He has been very generous with his time and his resources to help create brighter futures for the next generation.”

http://www.davidkdonovan.com

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Randy Savicky
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