Jeff McCormack, CFA

Experience

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  Furman Selz Asset Management

  Sept 2000 - Dec 2001

  Portfolio Manager Assistant
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  ING Investment Management

  Jan 2002 - Dec 2003

  Assistant Vice President
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  Manning & Napier Advisors

  Dec 2003 - Nov 2014

  Led cross-functional 8-member team during the transition from an internal software product to a third-party vendor. The team was responsible for vendor due diligence, transition planning, and monitoring the implementation. A considerable reduction in operating expenses was realized. Corrected inadequate pricing at one business unit that yielded significant revenue benefits (40% increase). Collected customer feedback, through 1x1 meetings and surveys, that was used by two software product development teams. Show less

  • Vice President of Strategy and Business Development

    Jul 2013 - Nov 2014

  • Senior Analyst

    Jan 2011 - Jun 2013

  • Analyst

    Oct 2007 - Dec 2010

  • Junior Analyst

    Jul 2005 - Sept 2007

  • Research Associate

    Dec 2003 - Jun 2005
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  IP.com

  Nov 2014 - Oct 2016

  Spearheaded a cross-functional team to develop and maintain an AI-based intellectual property search system. Developed a novel concept-based evaluation methodology, positioning ip.com as a leader in the intellectual property search domain which helped in securing a strategic partnership with the IEEE. Helped raise $2.5 million Series A for EagleDream Health. Created due diligence documents and coordinated investor presentations with 50+ angel and institutional investors. Built and maintained the deal room.• Registered Representative: Series 7, 63 and 79

  • Vice President Product Management

    Jan 2016 - Oct 2016

  • Managing Director

    Nov 2014 - Oct 2016
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  Calvary Robotics

  Oct 2016 - Oct 2017

  Director, New Technologies

  Strategically reviewed five products and created reports highlighting the market opportunity for each product. Was selected to lead the spin-out of calvIO.

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  CalvIO Inc.

  Jan 2017 - Oct 2017

  Chief Executive Officer

  Raised $750,000 of growth capital for an artificial intelligence system that increased industrial robot programming efficiency tenfold. Recruited and managed a top-tier engineering team. Negotiated terms for a partnership agreement with Mitsubishi Electric.

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  QCI Asset Management

  Nov 2017 - May 2021

  Portfolio Manager, Senior Equity Analyst

  Built trusted advisor relationships within QCI and across 70 families and institutions to drive meaningful growth for a boutique RIA. Successfully expanded assets under management from $0 to $120 million, becoming a personal CFO for dozens of high-net worth families across the U.S. Expertly balanced risk management and asset allocation to maximize long-term returns.Additionally, owned market research, financial projections, and valuation analysis for the healthcare sector. Generated 800 basis points of excess return versus the S&P 500 from healthcare sector investments. Show less

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  Iryss, Inc.

  Jun 2021 - Feb 2024

  Co-founder & CEO

  Built and managed a globally diverse team of eight in building a digital health platform to help patients manage expensive medical bills. Owned the entire financial planning & analysis function, including long-term forecasting, monthly budgeting, and performance reporting. Delivered monthly OKR and financial reports to multiple internal and external stakeholders