The Millionaire Next Door

The Millionaire Next Door


Precision, Performance, and People: Inside SEIA’s Process with Vince Reyes and Tony Nguyen (Ep. 62)

November 26, 2024

As financial markets grow more complex, the difference between a good trade and a great one lies in precision, relationships, and cutting-edge tools.


Robert Curtiss welcomes Vince Reyes, Director of Trading Operations, and Tony Nguyen, Senior Trader at SEIA, to uncover the meticulous strategies behind SEIA’s trading desk. Together, they break down how high-touch execution, trusted dealer relationships, and advanced tools drive superior client outcomes—even in volatile or illiquid markets.


So, tune in as they explore SEIA’s finely tuned trading operation, revealing how their client-first approach ensures precision and performance in every trade while adapting to an ever-changing financial landscape!


Key topics discussed include:



  • Mastering high-touch trading for precision in large or illiquid orders
  • Leveraging relationships with bond dealers to obtain better execution for fixed-income trades
  • Using advanced tools like RFQ to achieve competitive pricing on ETF block trades
  • Implementing robust compliance systems, including quarterly best execution reviews and real-time trade monitoring
  • Delivering a “white-glove” client experience through tailored, relationship-driven strategies
  • Insights into evolving client needs, including increasing demand for sophisticated strategies like options trading
  • And much more!

Resources:



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About Our Guests:



Vincent Reyes, CMFC®, is the Director of Trading Operations at SEIA. Since joining SEIA in 2007, Vincent has overseen and managed all trading operations in the Century City, Pasadena, Newport Beach, Redondo Beach, and Virginia offices. Vincent previously worked as a NASDAQ Market Maker and Proprietary Trader at two major brokerage firms from 1993 to 2007. He has handled many institutional clients, including hedge funds, pensions, and mutual funds. He has also worked directly with specialists and floor brokers on the New York Stock Exchange (NYSE), Chicago Board of Exchange (options), and other regional exchanges. Vincent is a Bloomberg Certified user and is well-versed in using many electronic trading systems.


Tony Nguyen is the Senior Trader in the SEIA Trading Department. Tony works closely with the firm’s financial advisors and portfolio managers to provide efficient trade executions in fixed-income securities. Before joining SEIA, Tony was a trader for Banc of America Securities on the institutional fixed-income desk serving the Los Angeles and San Diego regions. His clients included Fortune 500 companies, municipalities, and insurance companies.