Team

Frederick Ziwot, President and Chief Investment Officer

Rick founded Carapace Financial Advisors and serves as its President and Chief Investment Officer. Rick was previously a Managing Director at HSBC where he served as the Bank’s Global Head of Structured Credit Products and was also responsible for the Structured Funds business in New York. Prior to joining HSBC, Rick was a Managing Director at Bank of America from 1994 to 2001 where he served as the Head of Liability Management and subsequently Global Head of Structured Credit Products. From 1985 to 1994, Rick held various senior positions at Lehman Brothers including European Head of Structured New Issue Derivatives; Head of Midwest Derivatives Sales and Marketing; and Head of US Corporate Liability Management.

Rick graduated from Amherst College with a Bachelor of Arts degree in Classics and History. He currently serves as the Chairman of the Board of Trustees for Hope through Education - A Fund for Better Futures, Inc. Rick currently holds the Series 65 securities license.

William McCarthy, CFA – Managing Director

With over 30 years of experience in global financial markets, William now serves as a Managing Director for Carapace Financial Advisors. Prior to joining Carapace, William was a Senior Managing Director at State Street Global Markets and served as the Head of North America Risk Trading from 2008 to 2018 and was responsible for the currency trading activities in spot, forward, options, and emerging markets. From 1989 to 2007, William held various senior trading positions at State Street including managing the bank’s currency options book and interest rate derivatives book. Prior to joining State Street, William traded equity and index options for Rampart Investment Management. He holds a BA in Business Economics from Brown University and a CFA designation. He is a member of the CFA Institute and the CFA Society Boston.

Tim Moran, Managing Director and Senior Portfolio Manager

With over 20 years of equity options trading experience, Tim now serves as Managing Director and Senior Portfolio Manager at Carapace. Tim started his career at Susquehanna International Group as an equity options market maker on the American Stock Exchange. As a senior equity derivatives trader, Tim traded equities, ETFs, index options and listed equity options. Following Susquehanna, Tim was Head of Proprietary Trading at Trinity Derivatives, LLC. Tim currently holds the Series 7 and 66 securities licenses.

Gregory Aroneo, Executive Vice President

Greg Aroneo serves as Executive Vice President for Carapace Financial Advisors. Greg began his career as a Foreign Exchange Trader in 1989 and has served in various institutional sales and trading capacities since then. He was most recently Director of Foreign Exchange Electronic Distribution at UBS Investment Bank, covering institutional clients. Prior to UBS, Greg was Vice President of Sales for State Street Bank’s Currenex Electronic Foreign Exchange Trading platform and has served in sales and trading roles at global banks and financial trading platforms throughout his career.

Greg graduated from East Carolina University with a Bachelor of Arts degree in Economics. Greg holds a Juris Doctor degree from Seton Hall University Law School and a Master of Business Administration degree from Seton Hall University Stillman School of Business. Greg is member of the New Jersey Bar Association and holds the Series 65 license.

Ryan Toohers – Associate

Ryan Toohers is an Associate at Carapace Financial Advisors. Prior to joining Carapace, Ryan graduated from Villanova University with a Bachelor of Business Administration degree in Finance. He also holds a Master of Science in Finance degree from the Villanova School of Business. Ryan is currently a candidate for the Chartered Financial Analyst designation.

Laura Flanagan – Outside Counsel

Laura Flanagan serves as Outside Counsel for Carapace Financial Advisors through her practice at Royer Cohen Braunfeld. Laura graduated from Marymount Manhattan College with a Bachelor of Arts degree and holds a Juris Doctor degree from Albany Law School and a Ph. D degree in English Literature from Stony Brook University (SUNY).