Todd J. Broms – Founder and Chief Executive Officer
Market structure leader, visionary, and financial engineer, Todd's expertise includes particular emphasis in financial services; merchant banking; market structure; new markets; financial technology; options; investment management; systematic investment management; open-end investment companies including NextShares exchange-traded managed funds, exchange-traded funds (ETFs), and mutual funds; patent prosecution; and real estate.
He is a co-founder and Managing Partner of Managed ETFs LLC which was formed in 2005 to improve and extend the popular ETF product structure to replace conventional mutual funds with NextShares™ exchange-traded managed funds, a new type of actively managed fund designed to provide better performance for investors. NextShares offer significant advantages over both mutual funds and ETFs as vehicles for active investment strategies, thus solving serious problems that the SEC and others recognize in the conventional mutual fund structure. Retaining economic interest, Managed ETFs concluded the transfer of its deep portfolio of patents and protected intellectual property in late 2010 to Eaton Vance, one of the oldest investment management firms in the United States, with a history dating back to 1924.
Following the transfer, the U.S. Securities and Exchange Commission issued two distinct but related Orders in late 2014 to permit the offering of licensed NextShares exchange-traded managed funds and the listing and trading of NextShares on Nasdaq.
In 2015, he demonstrated continued leadership by forming Broms Asset Management LLC and subsequently, its affiliate Applied InvestmentScience™, to develop quantitative investment tactics that automate rule-based electronic investing in highly liquid options exclusively for our proprietary account.
Todd is co-inventor of a wide range of unique, related features and processes for NextShares exchange-traded managed funds. His operating experience includes corporate governance in regulated environments with significant expertise in structured financial engineering.
| Patent Number | Title | |
|---|---|---|
| 7,444,300 | Method and System for Improved Fund Investment and Trading Processes | |
| 7,496,531 | Methods, Systems, and Computer Program Products for Trading Financial Instruments on an Exchange | |
| 7,689,501 | Methods, Systems and Computer Program Products for Managing Multiple Investment Funds and Accounts Using a Common Investment Process | |
| 8,131,621 | Methods, Systems, and Computer Program Products for Providing Risk Management Information and Tools to Traders in Fund Shares | |
| 8,306,901 | Methods, Systems, and Computer Program Products for Obtaining Best Execution of Orders to Buy or Sell a Financial Instrument for Which a Net Asset Value is Periodically Calculated | |
| 8,452,682 | Methods, Systems, and Computer Program Products for Facilitating Non-Transparent Exchange-Traded Fund Share Creations and Redemptions with Optional Early Cutoff Times | |
| 8,577,787 | Methods, Systems, and Computer Program Products for Obtaining Best Execution of Orders to Buy or Sell a Financial Instrument for Which a Net Asset Value is Periodically Calculated | |
| 8,655,765 | Methods, Systems and Computer Program Products for Automated Incorporation of Traded Fund Shares in Qualified Retirement Plans |
Broms Asset Management was formed to develop sophisticated systematic options investment management. Through Applied InvestmentScience™, we develop quantitative investment tactics that automate rule-based electronic investing in highly liquid options exclusively for our proprietary account.
To learn more, please contact Todd Broms by email at todd@aisci.us or call 646-345-5566.
