Mr. Butterfield began his professional career in 1984, as a Professional Stock, Option, and Commodity Trader with Rialcor Shatkin, Chicago, Illinois. In 1990, he registered as a Commodity Trading Advisor with a very successful 4 year track record. In 1991, he became a Financial Consultant for Smith Barney, Quincy, Illinois. At the beginning of 1997, Mr. Butterfield founded Butterfield Capital Advisors/Butterfield Futures. As a Registered Investment Advisor, he could offer fee-based investment advice to his clients, and as an IB he could offer futures brokerage services. In 2011, he formed The BlackBay Group, which encompasses BlackBay Capital Advisors (RIA) and BlackBay Futures Group LLC (GIB). BlackBay Fund Management LLC, was formed in 2013 to launch the BlackBay Blended Strategy Fund LP, a hedge fund for accredited investors.
At various times throughout his career he has received national recognition for real-money competitions. The competition rules were real money accounts, entry fee, provide account statements for 3rd party verification. They are as follows:
“12th in the Nation”, 31.9% (Feb 1-June 1), 85 Entrants, Futures Division, U.S. Investment Championship, 1984.
“9th in the Nation”, $50,000+ Stock Division, U.S. Investment Championship, 1992.
“17th in the Nation”, Mutual Fund Switching Division, U.S. Investment Championship, 1992.
“4th in the Nation”, 28.1%, Low Risk Division, Money Manager Verified Ratings, 1993.
“2nd in the Nation”, Money Manager Verified Ratings, 1st quarter, 1994.
“2nd in the Nation”, MoniResearch, 12 months ending 6/30/00
“2nd in the Nation”, MoniResearch, 2000
“79.8% average annual return:, Commodity Trading Advisor 1987-1990
*Past performance is not indicative of future performance*
1978 – 1982 Western Illinois University, Macomb, IL., BA of Business, Major: Finance
1982 Stock Market Institute Inc., Phoenix, AZ..
In the local community, he is a member of the Lions Club and a Mason
Mrs. Butterfield has been with BlackBay/Butterfield Capital Advisors since its inception in 1996. From 1993-1996, she was Mr. Butterfield’s sales associate at Smith Barney, and previous to that was a Sales Assistant at Searle Pharmaceutical, Skokie IL.. Mrs. Butterfield graduated Magnum Cum Laude from Columbia College, Chicago, Illinois, with a degree in Marketing and Business. She is a lifetime member of the local organization ENCORE, which supports music education; as well as, a community Volunteer for State Governed TeenReach Program; supporting young adults and Secretary of the Board for Friends of the Castle; supporting Historical LandMarks of the United States.
Mrs. Howell has been with The BlackBay Group since inception.