Terrapin Capital Management, LLC was formed in September 2009 as fee-only Registered Investment Adviser to provide clients a better way to reach their financial goals. The founding partners, Chris Wilson and Steve Papale, watched market movement dictate investor success or failure while many brokers and advisors collected large fees without adding any real value. So combining Chris’ experience as a former broker with Steve’s background as an economist, options trader and risk manager, Terrapin Capital was formed with a sharp eye on both enhancing overall stock market returns and providing risk management. We don’t predict markets. We just make them work harder for our clients.
Chris Wilson
Chris Wilson is the founder and president of Terrapin Capital Management, LLC. He has over 5 years experience as a retail investment adviser.
Chris is committed to providing superior investment management and excellent customer service to our clients. From 1994 to 2003 he was a professional golfer, traveling the world playing on various tours. After owning a restaurant for several years, he entered the financial services industry as a retail broker at a national firm. In the summer of 2009, Chris founded Terrapin Capital as a fee-only Registered Investment Adviser firm. He has a B.A. in Engineering Physics from Murray State University and holds various securities licenses.
Steve Papale
Steve Papale is a partner at Terrapin Capital Management and oversees the investment and trading strategies. In addition he is also a mentor at DiscoverOptions, the options educational division of OptionVue Systems International.
Steve has over 25 years experience as an economist, risk manager and trader. He has been featured on Options News Network, the CBOE Options Institute, and on several radio stations, magazines and media outlets throughout the United States.
From 1987 to 1999 he was a market maker at the Chicago Board Options Exchange and the Chicago Mercantile Exchange, trading stock index, currency and individual stock options. Steve was also an off-the-floor market maker in the S&P 500 e-mini options and Eurodollar (EOS) options and managed 100 traders at a proprietary trading firm. He has educated individuals, advisers, and institutions on how to effectively implement options as a portfolio management tool. He has an M.A. in Economics from Michigan State University.
Ted Jagielo
Ted Jagielo, MD is a practicing physician in Chicago and an active trader of stocks, ETFs and options. Ted has developed a keen interest in the stock and options market and assists Terrapin Capital in developing option strategies to enhance return and mitigate risk and volatility. Dr. Jagielo graduated Summa Cum Laude with a Bachelor of Science in Biology from Loyola University Chicago. While at the University of Illinois College of Medicine he was accepted into the Alpha Omega Alpha national medical student honor society and was bestowed with the Spencer T. Williamson outstanding student award for his graduating class. Dr. Jagielo performed molecular microbiology research at the Hines Veterans Administration Hospital resulting in a co-authored article on antibiotic resistance transfer in Bacteriodes, a common pathogen found in the human large intestine. The same methodical approach developed during his training and practice of medicine has helped him understand the complexities of the stock and option market, investing and the application to portfolio management. As a small business owner, Dr Jagielo understands the importance of retirement planning and asset allocation.
