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Meet Colson Hauser of Foremost Capital in Geneva

Today we’d like to introduce you to Colson Hauser.

Thanks for sharing your story with us Colson. So, let’s start at the beginning and we can move on from there.
As I graduated from Wheaton College in the winter of 2008, the job market was tight. Plenty of optimistic grads clamored for the few open positions during the valley of the great recession. After spending a few months as temp worker for a temp agency (an opportunity for which I am truly grateful), I decided to take a risk. Foremost Trading accepted new brokers willing to work on straight commission. Pass your Series 3 exam, show up with an open mind, and they would teach you all about managed futures and futures brokerage. If you can grow and sustain a book of investors, there is a great opportunity ahead. Nine years later, I work with nothing less than a family who works with and for each other. We’ve fought through difficult times and celebrated good seasons. The years in this job have given me an education in areas far beyond the initial financial exams I passed.

Has it been a smooth road?
Unequivocally, my experience includes difficult seasons. The main challenge came on Monday, July 9th, 2012 at about mid-morning. This is one of the times in your life where you will remember exactly where you were. Major problems surfaced at our company’s clearing firm. Among other things, their purpose was to hold our clients’ money. When our clearing firm filed for bankruptcy, Foremost Trading grinded to a halt as well. We spent many long hours helping clients whose money was regrettably tied up in that bankruptcy.

Yet the family business of Foremost Trading pressed on. After months of extra hours and creative hard work, the wheels started turning again allowing some revenue to flow. Looking back a little over six years ago, not only are we are in a better position now than before, but the determination and integrity of the principals eschewed any doubts of their commitment to the family business they built.

So, as you know, we’re impressed with Foremost Capital – tell our readers more, for example what you’re most proud of as a company and what sets you apart from others.
Foremost Trading, LLC (also dba Foremost Capital Management) provides brokerage services for futures, options on futures, and forex contracts. Within that space we focus on Managed Futures as an alternative asset to help investors diversify their investment portfolio.

The firm was founded by Bob Miller who got his start in the industry in 1976. Together with his two sons, Scott and Mark, they operate the business helped by a few great support staff and a team of 15 or so brokers.

Managed Futures, and futures brokerage in general, is not a well-known slice of the investment industry. We take pride in being educators. Whether or not our particular investment service is appropriate for an investor, we always appreciate the opportunity to explain more about our niche. Additionally, while it may sound trite and over-used, we really do try to give excellent customer service. As we get feedback from our clients, it’s amazing how even the little things like answering the phone makes a difference. We go out of our way to accommodate the needs and questions of our clients.

Let’s touch on your thoughts about our city – what do you like the most and least?
From a business standpoint, Chicago is the international hub for futures trading. That makes it a great city for my industry.

Outside of business, Chicago is an incredible town. Food, sports, culture. It really has it all. And being in the suburbs, we get many of the benefits of this town. For example, I’ve noticed a slow migration of world-class food talent tired of city life make its way to the ‘burbs. No complaints here!

No unique complaints about the city. Having grown up in the suburbs, I don’t mind the winters as much. There are some dark spots in the city. But even there, there are wonderful people and truly fantastic organizations breathing life into hurting communities.

One thing that irks me about our city is that the Elgin-O’hare expressway goes to neither Elgin nor O’hare. One day…

Contact Info:

Image Credit:
Karli Saner, Foremost Trading

Getting in touch: VoyageChicago is built on recommendations from the community; it’s how we uncover hidden gems, so if you know someone who deserves recognition please let us know here.

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