October 9, 2023
Hello Sherman Friends!
I am excited to share with you that I am running as a candidate to be Sherman’s next Town Treasurer. I have had a long career on Wall Street including being head of Global ($14 Billion) Fund Administration. I am a full-time resident for over 23 years. You may know me from my many roles around town: serving on the Board of Directors for the Sherman Library, volunteering for Naomi, or being the husband of Mary Jane Magoon, a prominent local artist. I am proud of our family of three sons and seven grandchildren.
With the current Town Treasurer retiring and my own recent retirement, I can fully commit my time, experience, and education to serving our community and ensuring its financial security.
I am a fiscal conservative and believe that the Treasurer must operate in an impartial and non-political manner at all times. I am a registered Independent who has consistently voted on the merits of a candidate, not the party they belong to.
Upon seeing my qualifications, the Democratic party was “excited” to ask me to run as the next Treasurer. To use their words, they felt I was “the right person at the right time”.
As head of Global Fund Administration for a $14 billion hedge fund, I performed due diligence on over 400 executing brokers while working with all the major domestic and international brokerage houses in the world. Highlights of my 16 years in this area include identifying a weakness in broker analysis and introducing a platform that strengthened our commitment to the Patriot Act and reduced questionable trading. I also revamped a system for processing trade confirmations, saving over $180,000 in one year.
After leaving the hedge fund for work closer to home, I became a conflict resolution specialist for six years, resolving differences between my employer, one of the largest energy companies in the Northeast, and its large-volume consumers.
I have a bachelor’s degree in management from Western Connecticut State University’s Ancell School of Business. To complete an additional degree in paralegal studies, I interned at the Department of Justice where I researched case law and drafted Medicare fraud complaints for federal court.
As Sherman’s Town treasurer, through my career and even internship, I have developed strong skills for ensuring that our town’s finances are managed optimally and comply with sound accounting practices.
As a twenty-three-year resident, my passion is for making Sherman a better place to live, work, and play. Folks in town know me as one who cares deeply about our town’s quality of life. I am well qualified in temperament, motivation, and experience to work with town officials, staff, and citizens to achieve our common goals and address our challenges.
Might I have your vote for Sherman’s next Treasurer?
If you have any questions or concerns, please feel free to contact me at RichardJConnellJr@gmail.com.
Ready on day one and fully committed,
Richard Connell