logo
OT Management, LLC Announces Strategic Leadership of Daniel John Impens to Advance Retail Trading Education

OT Management, LLC Announces Strategic Leadership of Daniel John Impens to Advance Retail Trading Education

OT Management, LLC, a Boston-based trading education and empowerment firm, has officially announced the strategic leadership role of Daniel John Impens, former Head of Research at Fisher Investments and Market Economist at Goldman Sachs. Impens now serves as Strategic Partner at OT Management, where he is leading a national initiative to provide advanced trading education and strategic tools for retail traders.
Impens brings more than three decades of institutional finance experience to OT Management, including key roles at J.P. Morgan and other top-tier financial institutions. His career spans work in portfolio strategy design, volatility hedging, and structured products, having been instrumental during both the 2001 dot-com downturn and the 2008 global financial crisis.
After leaving Goldman Sachs, Impens opted to shift focus from institutional finance to the retail sector. His appointment at OT Management is part of a broader strategy to build a platform where individual traders can access education, tools, and frameworks typically reserved for institutional clients.
Impens has championed three primary initiatives under OT Management:
Decentralized Education Models — Curriculum designed around execution strength and strategic thinking, rather than speculative techniques.
Strategy Translation System — A proprietary process to convert institutional-grade strategies into accessible formats for non-professional traders.
Collective Capital Alliance — A scalable development program aimed at creating disciplined, high-performing retail traders across the U.S.
To date, over 12,000 users have participated in OT Management's training programs, with a growing number demonstrating competitive performance in options, crypto, and intraday markets.
A Data-Driven Philosophy
Daniel John Impens continues to lead weekly training sessions, review trader strategies, and contribute to OT Management's internal knowledge base. Known for his disciplined approach and emphasis on repeatable models, Impens remains committed to elevating retail trading from speculation to skill.
'We're not here to gamble. We're here to take control,' said Impens. 'The market doesn't discriminate — it rewards those who are prepared.'
About OT Management, LLC
OT Management, LLC is a Boston-based firm dedicated to trading education and strategic empowerment for retail investors. The company develops data-driven training programs and proprietary systems to help individuals build sustainable, long-term trading skills. OT Management operates under the belief that trading is not a matter of luck or hype, but of discipline, structure, and continuous learning.
Company Headquarters:
131 Dartmouth Street, Floor 3
Boston, MA 02116
https://otmmmx.com
Media Contact:
Contact
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Best CD rates today, August 20, 2025 (Lock in up to 4.4% APY)
Best CD rates today, August 20, 2025 (Lock in up to 4.4% APY)

Yahoo

time21 minutes ago

  • Yahoo

Best CD rates today, August 20, 2025 (Lock in up to 4.4% APY)

Deposit account rates are on the decline. The good news: You can lock in a competitive return on a certificate of deposit (CD) today and preserve your earning power. In fact, the best CDs still pay rates above 4%. Read on for a snapshot of CD rates today and where to find the best offers. Where are the best CD rates today? CDs today typically offer rates significantly higher than traditional savings accounts. Currently, the best short-term CDs (six to 12 months) generally offer rates around 4% to 4.5% APY. As of August 16, 2025, the highest CD rate is 4.4% APY. This rate is offered by two banks: Marcus by Goldman Sachs on its 6-month CD, and Nexbank on its 1-year CD. The following is a look at some of the best CD rates available today from our verified partners: Historical CD rates The 2000s were marked by the dot-com bubble and later, the global financial crisis of 2008. Though the early 2000s saw relatively higher CD rates, they began to fall as the economy slowed and the Federal Reserve cut its target rate to stimulate growth. By 2009, in the aftermath of the financial crisis, the average one-year CD paid around 1% APY, with five-year CDs at less than 2% APY. The trend of falling CD rates continued into the 2010s, especially after the Great Recession of 2007-2009. The Fed's policies to stimulate the economy (in particular, its decision to keep its benchmark interest rate near zero) led banks to offer very low rates on CDs. By 2013, average rates on 6-month CDs fell to about 0.1% APY, while 5-year CDs returned an average of 0.8% APY. However, things changed between 2015 and 2018, when the Fed started gradually increasing rates again. At this point, there was a slight improvement in CD rates as the economy expanded, marking the end of nearly a decade of ultra-low rates. However, the onset of the COVID-19 pandemic in early 2020 led to emergency rate cuts by the Fed, causing CD rates to fall to new record lows. The situation reversed following the pandemic as inflation began to spiral out of control. This prompted the Fed to hike rates 11 times between March 2022 and July 2023. In turn, this led to higher rates on loans and higher APYs on savings products, including CDs. Fast forward to September 2024 — the Fed finally decided to start cutting the federal funds rate after it determined that inflation was essentially under control. Today, we're beginning to see CD rates come down from their peak. Even so, CD rates remain high by historical standards. Take a look at how CD rates have changed since 2009: Up Next Up Next Understanding today's CD rates Traditionally, longer-term CDs have offered higher interest rates compared to shorter-term CDs. This is because locking in money for a longer period typically carries more risk (namely, missing out on higher rates in the future), which banks compensate for with higher rates. However, this pattern doesn't necessarily hold today; the highest average CD rate is for a 12-month term. This indicates a flattening or inversion of the yield curve, which can happen in uncertain economic times or when investors expect future interest rates to decline. Read more: Short- or long-term CD: Which is best for you? How to choose the best CD rates When opening a CD, choosing one with a high APY is just one piece of the puzzle. There are other factors that can impact whether a particular CD is best for your needs and your overall return. Consider the following when choosing a CD: Your goals: Decide how long you're willing to lock away your funds. CDs come with fixed terms, and withdrawing your money before the term ends can result in penalties. Common terms range from a few months up to several years. The right term for you depends on when you anticipate needing access to your money. Type of financial institution: Rates can vary significantly among financial institutions. Don't just check with your current bank; research CD rates from online banks, local banks, and credit unions. Online banks, in particular, often offer higher interest rates than traditional brick-and-mortar banks because they have lower overhead costs. However, make sure any online bank you consider is FDIC-insured (or NCUA-insured for credit unions). Account terms: Beyond the interest rate, understand the terms of the CD, including the maturity date and withdrawal penalties. Also, check if there's a minimum deposit requirement and if so, that fits your budget. Inflation: While CDs can offer safe, fixed returns, they might not always keep pace with inflation, especially for longer terms. Consider this when deciding on the term and amount to invest.

Graffiti-tarnished towers in downtown L.A. remain in limbo
Graffiti-tarnished towers in downtown L.A. remain in limbo

Los Angeles Times

time22 minutes ago

  • Los Angeles Times

Graffiti-tarnished towers in downtown L.A. remain in limbo

Early last year, vandals breached fencing, climbed dozens of flights of stairs and painted bold, colorful graffiti on the exterior of three unfinished high-rises that make up the abandoned Oceanwide Plaza development. The so-called Graffiti Towers — visible from great distances on the 110 Freeway and looming over thousands of visitors attending events across the street at Arena — were expected to be sold in a bankruptcy auction a year ago. But the long-running bankruptcy sale of downtown Los Angeles' most spectacular eyesore drags on with no clear end in sight. Experts blame a confluence of factors, including high interest rates, rising construction costs and delays in attracting viable bidders. Construction on what would have been one of the city's most notable landmarks, with high-rise housing, a hotel and a shopping center, halted in 2019 when Beijing-based conglomerate Oceanwide Holdings ran out of money to pay contractors after spending $1.2 billion on the complex that fills a large city block on Figueroa Street. Business leaders have expressed alarm that the graffiti some find artistic will prove embarrassing when global attention is focused on the World Cup next year and the Summer Olympics in 2028. Resolution of the Oceanwide Plaza saga also can't come soon enough for many downtown stakeholders who see the graffitied towers — rising as high as 49 stories — as a dark presence besmirching the city and sending a negative message about the neighborhood. 'The Graffiti Towers have worldwide infamy at this point,' said Cassy Horton, co-founder of the DTLA Residents Assn. 'It's like this beacon that shines and says, 'Come create mischief down here and you won't get in trouble. This is the spot to do it.'' The graffiti is likely to remain until a new owner takes on the painstaking task of removing it. More than a year ago, a federal judge set a Sept. 17 auction of the property, saying there were several potential bidders. The winner of the auction ultimately wasn't able to come up with the promised purchase price and negotiations commenced with other bidders. The real estate broker managing the sale, Mark Tarczynski of Colliers, declined to comment on the status of the sale but told real estate publication the Real Deal recently that two real estate development companies, one from the U.S. and one from abroad, are now competing as bidders. He said he anticipates closing the deal by the end of the year. The purchase price, which would be used to pay creditors including general contractor Lendlease and EB-5 visa investors, would just be the beginning of expenses for the new owner. Estimates to complete the project reach $1 billion, even though it is about 60% completed. Challenges to get it done include market conditions that are hamstringing other planned real estate developments. Builders complain of high interest rates for borrowing money to finance construction. New tariffs are driving up the cost of imported construction materials while raising uncertainty about how long the tariffs may last or what new ones may arise. Labor costs have also been increasing in recent years, and the recent Immigration and Customs Enforcement raids have added a destabilizing effect on the construction labor pool, industry observers have said. Los Angeles architect Douglas Hanson, who designed the 35-story Circa apartment complex next to Oceanwide Plaza, has an idea to shield people's gaze from the graffitied towers and bring in some money. He suggests rolling down vinyl advertising signs that could be seen on the from the freeway on the west side of the complex and lowering other vinyl coverings on the east side that would display a beach scene or some other art. 'You can get good money for advertising in that neighborhood,' which allows large commercial displays, Hanson said. Ad revenue would more than pay for the signs, he said. The buildings wouldn't be fully wrapped like a Christo art project, he said. 'Just drape them down and leave a little bit of the history of the building behind them.' The Oceanwide Plaza site was a sprawling asphalt lot used for event parking when Oceanwide Holdings bought it in 2014 with a vision to build a fancy, mixed-use development that was far bigger in scale than what is typically built in the U.S. Oceanwide set to work on the complex, which was intended to house luxury condominiums, apartments, a five-star Park Hyatt hotel and an indoor mall that would include deluxe shops and restaurants. A massive electronic sign on its facade was to bring a flavor of Times Square to Figueroa Street. Many of the residents and visitors were expected to be Chinese citizens, but the country's government implemented tighter controls on money leaving the country in 2019 and the pool of potential condo buyers shrunk.

Editorial: Chicago's pension investments likely are doing worse than your 401(k). Big problem.
Editorial: Chicago's pension investments likely are doing worse than your 401(k). Big problem.

Chicago Tribune

time22 minutes ago

  • Chicago Tribune

Editorial: Chicago's pension investments likely are doing worse than your 401(k). Big problem.

Chicago's woefully underfunded employee pension plans are demanding more from taxpayers each year. City leaders, starting with Mayor Brandon Johnson, point to the need for hundreds of millions if not billions in new revenue to stabilize Chicago's finances. But precious little attention is devoted to an aspect of pension fund management that, if addressed, could help considerably on the long road to digging Chicago out from its worst-in-the-nation status in terms of fulfilling retirement obligations to its municipal employees. That is the investment performance of the billions stashed in those funds. Chicago's pension funds are performing worse than many individual investors' portfolios, making the shortfalls even more striking. None of the four funds for various categories of city employees, nor for that matter the separate pension fund for Chicago Public Schools teachers, match the median annualized return of public pension funds in the U.S. as a whole from 2015 through 2024. For the public pension fund universe, that figure was about 7.18% net of fees, according to the nonprofit Equable Institute, which tracks public pension fund performance. We asked Stuart Loren, managing director at Highland Park-based asset manager Fort Sheridan Advisors, who has testified before Chicago City Council committees on municipal finance challenges, to do some calculations to give us a sense of how much the city is falling short. In recent years, the Chicago pension funds have beaten their own internal targets as markets roared, but over the longer haul they've lagged. The closest any of the city's funds came to the 7.18% median return was the $12.7 billion Chicago Teachers' Pension Fund, which generated a 6.89% annualized return over the 10 years that ended June 30, 2024. Worst performing of the city's four separate pension funds was the Laborers' & Retirement Board Employees' Annuity & Benefit Fund, which held $1.2 billion at the end of 2024. The Laborers' fund returned just 6.02% on an annualized basis. In between were the $4.1 billion Municipal Employees' Annuity and Benefit Fund of Chicago (6.35%), the $1.8 billion firefighters pension fund (6.70%) and the $4.3 billion police pension fund (6.74%). In the multibillion-dollar world of pension management, falling short by a percentage point or even half a point means losing out on big money. Between the four city pension funds, the difference between how they performed and how the median public pension fund performed meant more than $1 billion. Public pension funds in general — and the city's pension funds even more so — underperformed plain vanilla investment approaches frequently used by individual investors in their 401(k) plans. The Bloomberg proxy for a conventional portfolio made up 60% of indexed U.S. stocks and 40% indexed bonds returned 8.48% annually over those 10 years. And the Standard & Poor's 500 index returned a whopping 13.1% annually in that time frame. This isn't to say the future retirements of Chicago's municipal workforce ought to be invested entirely in the S&P. No investment adviser would recommend that level of risk. But it to say that management of the city's pension funds has been subpar over many years, and more attention should be paid to the investment approaches the city is using and the managers selected to choose specific investments. With the four city pension funds short as of year-end 2024 by a collective $36 billion of what they need to meet present and future obligations to retirees, the city can't afford to ignore the management of its pension funds. (Since the end of 2024, that pension hole only has grown billions of dollars deeper with Gov. JB Pritzker's signing of a bill making Chicago police and firefighters' pension benefits substantially more generous.) A top-to-bottom review is in order. That likely means shedding long-term asset managers who aren't performing well. It might mean significant changes in the allocations of pension assets to certain investment categories. Chicago's pension funds can and should be generating higher returns. The city is leaving money on the table through its underperformance. A more basic investment approach might be considered. The Public Employees' Retirement System of Nevada, which manages the pensions of state employees and various municipal workers including Las Vegas police officers, has won renown within the institutional investment world for its extraordinarily small staff and simplified approach to investing. Heavily invested in stock funds and government bonds, the fund returned 8.4% on an annualized basis as of June 30, 2024. With nearly $65 billion in assets, Nevada had just 12% of its assets in private assets, with virtually all of that private equity and real estate. By contrast, for example, Chicago's comparatively tiny $4 billion Municipal Employees' Annuity and Benefit Fund had 20% of its assets in high-cost hedge funds, private equity and other alternative asset classes. What's noteworthy, too, is that Nevada's fund handles the retirements of a wide variety of public workers, including public school teachers, university personnel, hospital workers and workers for the city of Las Vegas and Clark County. The system has more than 75% of the assets needed to cover the retirements of nearly 221,000 members. Many of Chicago's municipal funds, by contrast, have less than 30% of the assets they need to meet their obligations. Our city might well consider consolidating its municipal pension funds (the teachers' fund is another story given that Chicago is the only municipality in the state that has to fund its own teachers' retirements). A larger fund would reduce costs from management fees and reduce complexity. The point here is that there is room for improvement in this critical aspect of solving Chicago's pension crisis. We don't pretend to have all the answers. But it certainly is past time to ask questions. Johnson and his administration have spent much time and energy — mostly in vain — demanding more money from Pritzker and lawmakers in Springfield, in no small part due to the pressure on city services from having to plow more money into pension funds. The management of those funds is something over which they have direct control. The city needs to make sure every pension dollar works as hard as its taxpayers.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store