feature1 Jim Gleeson

Managing Director of Wiseheads

Jim Gleeson has seen the following ups and downs, so he is not fazed by catastrophes.

  • Petrol and food rationing after WWII
  • The Wool Boom in 1950’s caused by the Korean War
  • Stock market crash in 1970’s after “Poseidon lead stock market boom”
  • The first oil shock in 1974 which turned markets on their heads
  • Bunker Hunt cornering silver markets and then the consequent crash
  • Gold boom and subsequent crash
  • Recession 1982-1984
  • Floating of the $ in 1983
  • Bank deregulation 1984
  • Crippling strikes from 1970’s to 1990
  • Property and share boom 1984-87
  • Share market crash 1987
  • Housing boom 1988-89
  • Crazy interest rates up to 19% prime, in 1985
  • Recession from 1989-1992
  • Housing boom 1998 to 2007
  • Stock market boom 2003-2007
  • Subprime debacle 2007
  • GFC 2007 and ongoing

Professional Curriculum Vitae

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Current Activities

  1. Authorised Representative and Financial Planner
  2. Superannuation and Risk Adviser
  3. Principal of commodity and finance business.
  4. Marketing Director a charity fundraising online site

Previous experience

  1. Futures Market Adviser
  2. A member commodity contracts committee Sydney Futures Exchange
  3. Lease financier
  4. Australian buyer for Allenberg Cotton, Memphis USA
  5. Managing Director, Futureprom Pty Ltd. 31 years (since 1979)

2010 Continuing

Authorised Representative No. 258204

Managing Director, Futureprom Pty Ltd. 31 years (since 1979 as above)

2010 Continuing

Marketing Director Self Fundraising Pty Limited since 2006

2009-2008

Seconded to advise BRW accountancy firm on Insurance from October 2008 on a one year contract

August 2008

Sold Financial Planning Business.

2008- 2003

Financial Planner

1990-2003

Marketing Manager for a home delivery Chinese food service in Sydney.

1985-1989

Australian buyer for Allenberg Cotton, Memphis, Tennessee.  USA 4 years

Other Experiences

  • Elected Grower Member NSW Grain Sorghum Board for 9 years, 7 as Deputy Chairman.  The NSW Sorghum Board was the first statutory authority in Australia to use hedging as a marketing tool. This followed Jim’s recommendations to the Board after a fact finding study tour to the USA and particularly the Chicago Board of Trade.
  • In 1979 opened Futureprom Pty Ltd to provide education to farmers about hedging and forward selling of commodities particularly live cattle and wool. Later added farm machinery lease finance.
  • Futures Market Adviser

Qualified as a futures market adviser and conducted regular seminars on behalf of the Sydney Futures Exchange in rural areas of NSW and Southern Queensland for the Qld. D P I and the NSW Dept. of Ag.

  • Was appointed by the Sydney Futures Exchange to assist in the development and modification of commodity contracts particularly ones pertaining to rural industry.
  • Caused quite a stir by being able to substantially undercut banks for lease finance for farm equipment.
  • Rural Manager, Jackson’s Commodities Pty Ltd which was a wholly owned subsidiary of Jackson’s Limited was a publicly listed share broking company.
  • A General Councilor of the NSW Farmers Association

Jim receives NSW Farmers Award – click here to review

LinkedIn

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Michael Le Couteur

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