Waterfield and Clinton
J. Randall (“Randy”) Waterfield, CFA, serves as CEO and Chairman of Waterfield Group, which will celebrate its centenary in 2028. The diversified, privately owned financial services holding firm is headquartered in Miami, Florida. J. Randall Waterfield also gives back to his local and national communities through his support of the Waterfield Foundation. In addition, his participation in public life includes moderating interviews with former Presidents George W. Bush and Bill Clinton.
In September 2014, on the occasion of a meeting of the United Nations in New York, Mr. Waterfield and President Clinton sat down to discuss the state of the global and national economies.
President Clinton observed that the interconnectedness of the contemporary world economy makes promoting growth more challenging than it was under his leadership in the 1990s. He went on to outline the demographic and infrastructure challenges Japan and China are currently experiencing, saying that China will need to shift its focus more toward investment in internal development, due to the massive environmental problems its people face.
In discussing the United States, the 42nd President said that the country should look to the model of South Korea in terms of increasing its digital infrastructure. South Korea’s download speed, he said, was quadruple that of the U.S., so a national initiative to boost the American Internet infrastructure is in order.
Red Oak Partners
A business executive, J. Randall (Randy) Waterfield serves as Chairman of the Waterfield Group. J. Randall Waterfield also commits time to Red Oak Partners, LLC, where he sits on the board of directors.
A hedge fund manager, Red Oak Partners was launched in 2003 under the leadership of David Sandberg. The company and its team research and invest in small-cap companies under $500mm in market capitalization. Currently, it oversees two funds, both of which have annualized net returns far in excess of their benchmarks.
Red Oak’s long fund focuses on micro and small-cap North American public companies that are mispriced and have a less-than-optimal following, based on their performance. The Red Oak team does not have short exposure in this particular fund and, instead, looks to achieve long exposure in the 80 to 100 percent range. As of August 2015, the compound annual return reached 21.86 percent (please see Red Oak’s performance disclosures).
The firm’s long/short equity fund invests in micro and small-cap stocks. Like the long fund, investments that appear in the portfolio are those that are underfollowed and mispriced. The fund has performed well since its creation more than 14 years ago, and seeks to optimize after tax returns.
J. Randall Waterfield is affiliated with a number of businesses related to finance and technology. As the Chairman of Waterfield Holdings, J. Randall “Randy” Waterfield is also a board member of a number of companies, including Asure Software (NASDAQ: ASUR). The company creates workforce and workspace management software, all on a state-of-the art SAAS platform.
Software programs that help to provide better access and system integration for personnel meetings, and efficient asset utilization are very popular with companies of various sizes since they save time and enhance productivity. The products and services created by Asure Software are designed to assist businesses with room management, personnel scheduling, and equipment availability among many other functions.
This service is available on demand and does not require installation, upgrades, or maintenance. Asure also provides prompt customer support to assist businesses with customizing their services to meet their company’s needs and requirements.
J. Randall Waterfield, Chairman of the Waterfield Group, is a chartered financial analyst who has been featured on Fox Business News. In 2012 he was appointed to the board of directors for SMTC Corp., a public company incorporated in Delaware. The appointment was featured on several news outlets, such as Bloomberg Businessweek, Reuters, and GlobalNewsWire.com. Alex Walker, the co-CEO of SMTC, remarked that the company was excited to welcome J. Randall “Randy” Waterfield and his experience to the board.
A global mid-size provider of electronics manufacturing services, SMTC has more than 1,800 employees. Services offered by the company include printed circuit board assembly production, systems integration and testing services, enclosure fabrication, product design, and supply chain management.
Recently SMTC’s Chihuahua, Mexico facility was awarded the International Organization for Standardization (ISO) 14001 environmental certification following several days of rigorous audits. To earn this distinction, companies must limit harmful environmental impact while still enhancing and improving performance. The ISO provides both a standard and a framework organizations can follow to obtain the certification. Environmental areas SMTC focuses on include pollution control, adherence to environmental legislation, and minimizing energy use. For more information on SMTC, visit www.SMTC.com.
Culver Woodcraft Camp
Waterfield Group chairman J. Randall “Randy” Waterfield is an active member of a number of professional groups and organizations. J. Randall Waterfield supports Culver Military Academy by serving on the Culver Summer School board.
Culver Military Academy offers summer schools and camps for over 1,350 children aged 7 to 17 each year. For the summer of 2016, they will offer a Culver Woodcraft Camp for both boys and girls ages 9 to 14. The camp, which lasts six weeks, offers over 80 elective courses as well as regular academic classes for English, Writing Composition, Reading, and Math, in the form of five 45-minute class periods a day Mondays through Fridays. Students may also attend one of five religious services each week.
Students are housed in A-frame cabins with ceiling fans and screened windows. One cabin houses up to 12 students and one counselor. The camp consists of approximately 700 campers, who are divided into four “Battalions” by age and gender. Three distinctive awards are given to those campers who achieve enough points in all phases of camp, including inspections, drill, and athletic participation, and show good citizenship and personal cleanliness. Campers begin with a Bronze Culver “C” and can be awarded with a Silver or Gold “C.”