Francisco Faraco
Francisco Faraco
3 years ago

Francisco Faraco – Scarsdale, NY 10583

Francisco Faraco started his career as a Prop Trader at Eurobanco in Venezuela. Following this, he served as a Vice President, Senior Investment Advisor Banco Santander Miami from 2007 to 2010, Vice President, Senior Investment Specialist at Merrill Lynch from 2006 to 2007. Associate, LatAm Emerging Markets Fixed Income Trader at Safra National Bank of New York from 2004 to 2006. Associate, Fixed Income Trader, and Analyst, Fixed Income Sales Trader at Eurobanco Investment Bank from 1996 to 2001.

Francisco Faraco is running his own firm. He is the Founder & Managing Partner of Faraco Partners, LLC.

On the education front, he holds an MS in Financial Mathematics from the University of Chicago and an MA in Economics.

As an avid soccer player; Francisco Faraco competed in two Mini World Cups, representing the Venezuelan National Soccer Team. He was also selected as “Best Defenseman of the Championship in 1993” and Men’s Varsity Soccer Team Captain from 1994 to 1997 because of his great performance.

Quick and strong, he has always had the capability to succeed – Francisco is strong and fast, thrives in one-on-one battles with opponents and, if needed, can be a threat in attacking areas. He also held FINRA Series 7, 63 and 65 and NFA Series 3.

This type of trading activity occurs when a financial firm chooses to profit from market activities rather than thin-margin commissions obtained through client trading activity. He has formerly served at J.P. Morgan, Eurobanco Investment Bank, Safra National Bank of New York, Merrill Lynch and Banco Santander respectively.

Francisco Faraco held FINRA Series 7, 63 and 65 and NFA Series 3 licenses. The purpose of the Series 7 license is to set a level of competency for a registered representative or stockbroker to work in the securities industry. The Series 7 license is a basic requirement for an entry-level broker. Series 65 test candidates’ comprehension of financial concepts and qualifies them to give investment advice and charge a fee for doing so. The Series 63 (formally known as the Uniform Securities Agent State Law Examination) is a registered exam that is required of all potential registered and was developed to qualify candidates who want to work in the securities industry within a state and to sell investment products, such as mutual funds, variable annuities, and unit investment trusts.