The investment firm Highland Capital Management has established itself as one of the top investment firms in the world. It provides a wide range of financial services that help numerous investors more efficiently manage their capital. Highland Capital Management specializes in providing a wide range of credit management services to its clients. As well as offering the management of credit securities, Highland Capital also provides other financial products such as hedge funds, collateralized loan obligations and private equity securities. As a result, the firm is one of the most comprehensive investment firms around. Along with being a very successful investment firm, it has been able to establish a worldwide presence. It currently has a number of office locations in New York City, Seoul South Korea, Singapore and Sao Paulo Brazil.
When the firm first came into existence back in 1990, it was primarily a life insurance company. It would provide a number of life insurance products to a number of clients. While being a life insurance company, it was able to meet the needs of many clients and emerge as one of the most trusted in the industry. As a result, the firm was able to attract a wider client base. With a number of new clients working with the firm, it decided to expand its services to other types of financial management tasks. The firm would expand to provide other forms of assistance such as providing hedge funds, investment advisory, wealth management and asset management for institutional investors. Longtime finance professionals James Dondero and Mark Okada founded this life insurance company.
By the firm’s fourth year of existence in 1993, it began to establish itself as one of the most comprehensive financial services companies in the world. It would continue to offer a wide range of financial services to its many clients. In 1997, this firm would become known as Highland Capital Management and begin providing collateralized loan obligations. With this new product line, it became the first institution to offer collateralized loan obligations other than commercial banks. Highland Capital would also complete its expansion to other parts of the world during this time as well.
It is possible to provide high-quality healthcare at a low cost to the poor. The belief is what keeps USHEALTH going. The health sector is broken, the poor people need to access good healthcare too. The principle of USHEALTH care is ‘We believe in providing high-quality healthcare to the poor at a low cost.”
USHEALTH group is determined to make a model of durable healthcare in areas where other people thought it was not possible. With licensed health and life insurance companies, USHEALTH offers coverage to policyholders for sickness and accidents. They also cover short-term accident disability, critical illness, life and dental coverage among others.
USHEALTH mission is ‘To protect our customers from financial hardships due to unforeseen illness or injury.’ Simply the group provides peace of mind to those who suffer due to the occurrence of these predicaments. They keep the promise accorded by the insurance cover the customer signed.
The vision of USHEALTH is to build premier health insurance organization in America. The group is working towards being the company of choice to all its stakeholders. This vision will be achieved through a commitment to offer excellent services and exceptional value to the customers.
• Plan 1. Premium plan, under this plan, the individual contributes $50 while the family contributes $150 per insured. The plan covers basic, preventive and major care to the issued. Additionally, there are orthodontic deductibles which are; $1500 orthodontic calendar year, $1000 benefit per insured lifetime maximum
• Plan 2. The savers plus plan. Under this plan, the deductibles are $50 per individual, $150 for family covers for preventive, basic and major care. Orthodontic care services are discounted to $1000 maximum per insured every calendar year,
• Plan 3. Savers plan. This plan is characterized with deductibles of $50 per individual and $150 per family cover that caters for basic, preventive and major care. The orthodontic care services under this plan are discounted at participating providers at maximum $500 per insured ever calendar year.
Affordable Care Act (ACA) calls for individuals to uphold a minimum essential coverage. The mandate was made in 2014 and beyond. Failure to honor this order, one is subjected to the payment of annual shared responsibility payment. The amount is calculated from individual’s household earnings each year. The secure dental plan offers benefits for dental services only. Workers compensation under state law is an essential health benefit. However, it is not considered minimum essential coverage under ACA. An insured under secured dental plan is subjected to ACA’s shared responsibility payment unless they have an exemption from ACA.
It is important to note that secure dental is not available in all states, customers should, therefore, enquirer first from the licensed agents for more information.
According to the Dallas Observer, the city is looking to respond to panhandling the same way that Albuquerque, New Mexico has addressed the issue for over a year now. The simple solution is to offer work to those ready to accept it. There are no ID requirements for work or any other conditions, beyond the willingness to work. The process is quite simple; a city van drives around town and offers work to the homeless and panhandlers. They can accept or decline the offer. At the end of the work day, usually five or six hours, the men and women are paid in cash. The recommended amount right currently is a little over $10 per hour.
I am sure there are reasons to critique this system but I’ll leave that to others. In my opinion, there is nothing more uplifting to a man than to put in an honest day’s work and get rewarded for it with some good old hard cash. Work provides dignity. Work provides character building. Work is paid education. When people work they learn discipline, customer service and good business practices. They learn about honesty, time management and communication. Earning an income provides the opportunity for building financial life skills such as budgeting and saving.
Another aspect of this program that I think is very well thought out is that the option is left up to those being asked. No one is forcing this program onto them. I believe that by giving the choice to work or not work, the men and women who are really looking for a life change will accept the work. The more often they work, the more likely it is that they will get past whatever life event put them on the streets. If the reports are correct, more than 100 of those who accepted the work in New Mexico over the last year have gone on to find permanent employment elsewhere. That’s 100 lives that are potentially changed forever because they were given a hand-up and not a hand-out.
“The Cox School at SMU contributes to the vibrant business community here in Dallas of which Highland is among the many beneficiaries,” said Dondero. “I am honored to assist with the numerous growth and excellence initiatives currently underway.”
Check out James Dondero Ringing the New York Stock Exchange Closing Bell via the video below!
UPDATE October 20, 2016
James Dondero is known as the president and co-founder of the Highland Capital management. In recent news, he awarded a $1 million grant in order to help The Family Place, which is an organization out of Dallas that leads the way in supporting victims of family violence. Not only is this grant significant on its own, the grant also matches 50% of any funds that are raised for the campaign up to $1 million. Thanks to this announcement, more than $200,000 has been raised for The Family Place and there continues to be donations every single day. The fundraising goal for The Family Place is $16.5 million but it seems to be on its way of reaching that number in no time.
Highland Capital Management and James Dondero have put up a $1 million grant to contribute to The Family Place finishing their new facility. James went on to say that Highland Capital will pitch in 50 cents for every dollar given to the charity through April 4.
UPDATE: September 30, 2016
James Dondero invested even further in NexPoint Residential Trust. He purchased 7,600 shares of the stock and is confident in it’s future. NexPoint Residential Trust is a publicly traded, Real Estate Investment Trust, focused on the acquisition, asset management, and disposition of multifamily assets.
The Dallas Foundation recently partnered with James Dondero and Highland Capital Management to manage their over 3 million dollars annual philanthropic budget. The Dallas Foundation has a long history of charitable success in the nonprofit community. Mary Jalonick, CEO of The Dallas Foundation and James Dondero began to lay out plans for charitable giving that would be bold, effective and inspirational. Before long the Highland Dallas Foundation was formed as a support organization for The Dallas Foundation.
James Dondero has recently teamed up with Linda Owen to supply philanthropic needs to the general Dallas Area.Highland contributes more than $3 million annually to charitable organizations through The Dallas Foundation. For more on this click the link below.
The success of any corporation is dependent on the stewardship abilities of the top management team. James Dondero is a successful businessman who is revered for registering impressive results in all the companies that have enlisted his services. James is regarded as the co-founder of the world-renowned firm, Highland Capital Management. He is the current president of the organization.
The Dallas based entrepreneur has amassed over 30 years experience in the equity and credit markets. He has zeroed in on distressed and high-yielding investments. Besides Highland Capital Management, James Dondero has played a pivotal role in founding NexPoint Advisors. At the firm, Dondero is the president. NexBank has also recognized his abilities and for this reason, James has been made the chairman of the institution. It should be noted that Dondero is the majority shareholder of NexBank. NexPoint Real Estate Advisors is the adviser of the companies affiliated with it. These affiliated companies are Highland Capital Management, NexBank and NexPoint Advisors.
In 1993, together with Mark Okada, James founded Highland Capital Management. As of March 31, 2015, Highland Capital Management had an asset base of $21 billion. Dondero’s portfolio management expertise incorporates investment grade corporate, emerging markets, derivative markets, mortgage-backed securities as well as common stocks and preferred stocks. Funds affiliated to James have received recognition from reputable quotas such as the Morning star and Lipper award.
Some of the award-winning products offering made by James are collateralized loan obligations, mutual funds, real estate investment trusts (REITs) as well as electronic transfer funds (ETFs), institutional separate accounts, private equity funds and hedge funds. James’s career started at the humble Morgan Guaranty training program where he worked as an analyst in mid 1984. A year later, American Express recruited him. At the firm, Dondero undertook his mandate as a corporate bond analyst. At the American Express Corporation, James rendered his services for around five years. At the corporation, Dondero managed a portfolio (fixed income funds) worth around $1 billion.
From American Express, Dondero went to Protective Life, a subsidiary of GIC. While serving as the chief investment officer of the firm, Dondero started the firm from its humble beginnings to a corporation worth over $2 billion in a period of 5 years. The certified management accountant has displayed impeccable prudence in the management of huge funds. James is a proud alumnus of the University of Virginia, McIntire School of Commerce. Records show that he graduated with the highest honors in Accounting and Finance.
Recently, Dondero appointed Terry Jones to become the president in charge of institutional products at Highland Capital Management. Jones has massive experience in financial matters that spans 25 years. James asserted that Terry’s leadership would augment the corporation’s risk adjusted performance besides devising client-oriented solutions. James is the chairman of the board of three corporations, which are CCS Medical, NexBank and Cornerstone healthcare.
James Dondero is the president and co-founder of Highland Capital Management- an SEC-registered investment advisor. With over 30 years of investing in equity and credit markets, James Dondero has helped spearhead the use of Collateralized Loan Obligation [CLO]. James studied accounting and finance at the University of Virginia. He eventually went to work at GIC’S protective life subsidiary as the chief investment officer, growing the company to over $2 billion between 1989 and 1993. James is a chartered financial analyst as well as a certified management accountant.
Dondero is also a board member of several companies, including MGM Studios, American Banknote Corporation, NexBank, Cornerstone Healthcare and CCS Medical.
His appointment as executive board member of Southern Methodist University Cox
On Nov.2, 2016, James Dondero got appointed as an executive board member of Southern Methodist University School of Business. With his new board position, Highland Capital will expand its already strong position to the University including the funding of Highland Capital Management students, a program that encourages and recognizes professional and academic pursuits in the public policy, as well as the ongoing support of George W. Bush’s museum and presidential library.
The executive board at SMU Cox consists of around 100 appointed members. Most of these members are non-academics, who only advise on the strategy that the business school should take. The board meets tri-annually- winter, spring and in the fall.
Co-founder and President of Highland Capital Management, L.P., James Dondero, has recently announced that he and his firm will be awarding a $1 million challenge grant to The Family Place. He made this gracious announcement at The Family Place’s 21st Annual Texas Trailblazer Awards Luncheon. The Family Place is one of Dallas’ leading organizations that support the victims of family violence. This donation raises the final $2.8 million for its current campaign for the six months.
The grant with be administered via Highland Dallas Foundation, Inc. They are one of the largest philanthropic arms of Highland Capital Management. The grant will match 50% of any and all funds raised for the campaign up to $1 million. The capital campaign will continue until April 4, 2017. Since James made the announcement, an additional $200,000 has been raised by The Family Place. They Legacy Campaign will be receiving an additional $100,000 as pre-agreed upon thanks to the Highland Capital Management grant. This prestigious campaign needs to raise $2.8 million to reach the fundraising goal of $16.5 million. James and Highland’s grant money was a personal way to ensure that The Family Place finishes their campaign strong and successful.
James Dondero co-founded Highland Capital Management and is the current president. With the help of his brilliant team, the company offers an immense variety of award-winning products and solutions for institutional and retail investors. Thanks to James’ 30-plus years in the credit and equity markets, his company has soared to the top of the industry. It is estimated that Highland Capital Management has about $19 billion in assets under their management. Some of their more notable affiliates would be companies like Acis Capital Management, NexPoint Advisors, NewPoint Capital, and NexPoint Residential Trust.
Dondero is also Chairman of several different companies. He’s also on the board of several of those same companies. James is a very well diversified individual. He’s even a member of Amercian Banknote and MGM Studios. As hardworking as he is, he’s also quite the philanthropist. He supports numerous charities of all types.
Plans for a new bond vote in Dallas is setting off many different partisan groups concerned with how the 2017 bond issuance will be spent.
Poor funding for police pension plans in Dallas is setting off concerns regarding the plans as well as financial prudence and taxes among both government officials and citizens.
The current estimates for the shortfalls vary widely, but it is believed that the current shortfall for the pension funding for the Police and Fire departments in Dallas Texas is between three and seven billion dollars; a staggering sum.
The Pension board of the city is looking for the city of Dallas to contribute millions of dollars to make up for the shortfall of funds. A quote by A.C. Gonzalez, a Dallas City Manager, indicated that the options are limited to the City borrowing money to contribute, using money from the city’s general fund, or putting into place a tax hike to cover the gap in financing. Few appear to support his suggestions and instead delays in votes for bond issuance have been put in place.
Much of the concerns surround what the city believed to be needed critical repairs, such as those of potholes in the city which require over $100 million to repair, in addition to another $400 million for street improvements. In addition, Dallas has approximately $3.6 billion in planned repairs and maintenance to the city. Some city councilors are trying to make the latest bond issuance about just streets and roads whose transportation will help to clear up many issuance and allow for growth in a city that has been hampered by poor transportation.
Other projects that the city may support are new libraries and parks that residents have been requesting, though many are doubtful that these will be approved given the more pressing concerns. In addition, many citizens are concerned that the debt burden for the city of Dallas has grown too high and they future citizens will suffer for the financial problems that the city is currently dealing with, though advocates for the spending are predicting growth developing from the spending.
The Dallas area is in for a special treat as one of the best chicken sandwich food chains is opening up more locations. Many citizens of Dallas have been complaining that there is only one Slim Chickens open. That location is in Fort Worth.
The Arkansas-based food chain has been well known for its fresh chicken products. People of all ages love them. Some travel from out-of-state to try the chicken.
This year, the food chain is making up for all the time without more Slim Chickens open by rolling out nearly a dozen more locations in Texas in the near future. There will be at least six open this year and two more early next year. Now customers won’t have to drive nearly as far to get some of that good chicken.
The planned growth is about to pass many other regions around the United States. Slim Chickens is famous for its chicken tenders, chicken sandwich, salads, and the very popular chicken and waffles. Chicken and waffles has seemed to grab lots of attention around the United States. Many states have several chains that serve the famous chicken and waffles dish. Americans love the combination.
The environment that the Slim Chickens are running on is a southern feeling, soothing blues feel, and fresh chicken and sauce to keep the customers happy and wanting more. It is hard to find fresh chicken like the ones Slim Chicken provides.
All ingredients are fresh and made to order. Customers can choose from healthier salads, fried chicken, or grilled chicken. The lettuce used on the sandwich is fresh and of great quality. The buns are new and not moldy or hard. Chewy, warm bread makes the best combination with warm chicken.
The franchise should continue to grow year after year opening up more locations in Texas and possibly more around other parts of the United States. The southern states would love this establishment. As of right now cities such as Plano, Frisco, Irving, Dallas, Fort Worth, and Hurst are all places that are guaranteed to host a Slim Chicken. Other surrounding cities should see an establishment open up soon.
Dallas is one of the largest cities in the Southwestern United States. With over one million people, There is always something interesting happening in this bustling city. Below some of the largest stories are discussed and recapped.
1. Ezekiel Elliot, Dallas Cowboys Running Back
The former Ohio State Running Back has quickly made the transition from college to NFL. Handling what is typically a tough transition with aplomb, the Cowboys appeared to be doomed after losing Tony Romo for an extended period of time once again; however, Ezekiel Elliot has kept hope for America’s team, rushing for 134 yards and two touchdowns in the first two games against division rivals the Washington Redskins and the New York Giants. Ezekiel Elliot has had his growing pains as well, struggling to hold on to the football with two fumbles. With an upcoming game against the hapless, downward spiral that are the Chicago Bears, Ezekiel Elliot is due for another star performance. Those with Elliot on their fantasy rosters should be very happy with the performance so far and excited for what’s to come.
2. Texas Live, the new Rangers theme park
For months, the entire population has been sitting on pins and needles for the details of Texas Live. The massive project will include amenities such as a concert stage, massive TV screens, and a ribbon video board. This large theme park will also host over 250 events and various projects throughout the year. Named Arlington Backyard, the project is scheduled to be completed and ready opening day of the 2018 Major League Baseball season. Without a doubt, the entire city is looking forward to seeing what this venue will have to offer!
3. Mark Cuban’s Lemonade Stand a Massive Success
Mark Cuban, the outspoken but popular owner of the Dallas Mavericks, opened a group of lemonade stands all over the city. The change jars and delicious drink raised over $10 million for various charity organizations around the city. In a time of need, Mark Cuban stepped up when his city needed hope and delivered much needed aid to some of the Dallas area’s finest community servants.
This Thursday, on September 22nd, a major fundraising day for local charities in North Texas will take place. The event is known as North Texas giving day. It was created in 2009 by a group called the Communities Foundation of Texas. The organization is based in Dallas, Texas and has a 63 year old history of helping Texas charities.
Here are some figures to give you an idea of how much money and how many people benefit from North Texas giving day. In its inaugural year the event raised a total of four million dollars. A total of 6,500 donations were made that year and 345 charities benefited. 2010, saw five million dollars raised from 7,900 charitable donations. Over 456 local charities benefited.
In 2011, there was a big increase in the amount of money raised. 10.7 million dollars was raised that year. The number of donations was about 13.5 thousand and 616 non profits were the recipients of the funds. 2012, once again saw the number of funds raised increase to $14.4 million dollars. The number of gifts almost tripled at 37.8 thousand in total. That year 927 not for profit organizations benefited.
North Texas Giving Day continues to raise more and more money with each successive year. The number of gifts and the number of beneficiaries also continues to rise. In 2015, there was over 2,022 charities that benefited from the event somehow. A total of $33 million dollars was raised last year. That number is only for a single day. It seems that Texans love to support their local non profits and charities.
The charitable day of giving begins on 6 A.M and ends on midnight on Thursday. There will be events hold throughout North Texas. You will find donation stations where you can make a contribution to over a thousand different charities. Some of the places where you will find activities and entertainment include Forth Worth, Dallas, McKinney and Arlington. Expect to see live shows and music concerts. Think you might end up hungry? There will be plenty of food trucks to satisfy your appetite with BBQ and ethnic cuisine.