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a day in the life of andre dalton - Crikey
a day in the life of andre dalton - Crikey
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a day in the life of andre dalton<br />
<strong>At</strong> 31, Andre Dalton is the Head of<br />
Equities in Queensland for one of<br />
the most prestigious and fastest<br />
growing Investment Banks in<br />
the country -Tricom. Dalton is<br />
fit, focused and financially driven and has been<br />
working in the investment banking industry for<br />
nine years.<br />
With a First Class Honours degree in Exercise<br />
Science, Dalton has used his tertiary education<br />
to maintain a rigorous fitness regime and strict<br />
diet. He also holds a post-graduate in Applied<br />
Finance and Investment along with the highest<br />
accreditation in derivatives (options) as well as<br />
being a qualified Futures and Foreign Exchange<br />
Dealer. Andre uses these qualifications combined<br />
with his sharp numeracy and analytical skills to<br />
invest in the share market and structure corporate<br />
transactions across various asset classes.<br />
Tricom has over 250 staff in 16 cities, spanning<br />
six countries and employees some of the sharpest<br />
people in the industry. Dalton describes Tricom<br />
as an inspirational place to work with a highly<br />
entrepreneurial culture that supports his many<br />
driven and focused colleagues. Many of the Tricom<br />
team are not only skilled in investing in stocks, they<br />
also possess strong technical skills in accounting,<br />
time: 6.00am<br />
Waking up to the peaceful<br />
sounds of the ocean each<br />
morning is a great way<br />
to start the day before<br />
entering the mayhem of the<br />
trading floor. Fortunately<br />
I am able to sleep well,<br />
given the amount of frantic<br />
activity that is typical in<br />
the world of the stock<br />
market. As soon as my<br />
alarm sounds, I reach for<br />
my Blackberry and check<br />
on the US markets, as<br />
they are in the final hour of<br />
trading when I wake up.<br />
legal, structuring and risk management - skills<br />
which Dalton believes are fundamental to be<br />
successful in his industry.<br />
Tricom has a flat management structure which<br />
offers a competitive advantage when competing<br />
with multi-national investment banks because<br />
decisions can be made quickly and the key<br />
decision makers are always contactable literally 24<br />
hours a day. Clients are important, and Dalton<br />
knows of many instances where bigger firms lose<br />
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time: 6.10am<br />
I normally exercise each<br />
morning, and start off with<br />
some stretching and yoga.<br />
By now I have turned on<br />
CNBC and am listening<br />
to the commentary on<br />
the stock market action<br />
from the European and US<br />
trading sessions.<br />
time: 6.25am<br />
I then go for a training<br />
session, which involves<br />
either skipping, swimming,<br />
mountain bike riding,<br />
running, paddling or deep<br />
water running. My training<br />
regime has a lot of variety.<br />
interest in their clients, whereas at Tricom they are<br />
a priority.<br />
A number of advisors have joined Tricom from<br />
Macquarie Bank, UBS, CSFB, ABN Amro<br />
and Ord Minnet and all of them have been<br />
extremely satisfied with the Tricom culture<br />
and entrepreneurial environment to grow<br />
their business. Although Tricom has lost a<br />
few advisors as well, the attrition rate is very<br />
low and some environments simply just don’t<br />
suit everyone.<br />
Compliant,<br />
professional and<br />
humble...are<br />
the principles<br />
that Andre<br />
promotes to<br />
his advisors<br />
time: 4.00pm<br />
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The high-pitched bell rings again at 4pm signifying the close of the<br />
market. <strong>At</strong> this point, headsets are removed temporarily and most of<br />
the team takes a small break, before putting their headsets back on<br />
and making sure we’ve reported and reconciled our day’s work.<br />
time: 6.30pm<br />
Sometimes it’s<br />
hard to get away,<br />
but I usually leave<br />
the office between<br />
6:30pm and 7pm.<br />
time: 10:00am<br />
We have a bell in the office, and each morning at 10am we<br />
hear this high-pitched ring, which signifies that the market is<br />
open and trading. The noise becomes increasingly loud as<br />
clients and advisors jostle for position to buy and sell stocks<br />
at the opening of the market. There is real atmosphere on<br />
the trading floor and a real sense of teamwork.<br />
time: 7.15am<br />
After picking up my breakfast and lunch at the organic<br />
café Toast on the Gold Coast’s Tedder Avenue (highly<br />
recommended if you have a strict, healthy diet), I arrive<br />
at work around 7.15am. I have about 30 advisors on the<br />
trading floor and a couple are usually there before me. I eat<br />
my breakfast at work, whilst flicking through the ‘Fin’ (The<br />
Financial Review) and preparing for my morning meeting.<br />
The Boardroom: where it all happens! Video conferencing allows the entire company<br />
to be involved – whenever, wherever. During these conferences, our analysts<br />
provide comments on major headline news items relating to the previous day’s<br />
trading in Australia, Asia, Europe and the US, and what to expect. We also discuss<br />
recommendations, new corporate deals and any major economic data on the horizon.<br />
time: 11.30pm<br />
The US markets open at 11:30pm, and I usually lay in bed<br />
to watch the open and then fall asleep shortly thereafter. I’m<br />
sometimes called by my principal at this time (who never seems<br />
to sleep) to have a meeting on some topic that we need to<br />
spend time on. He’s almost worse than me!<br />
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