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Frederico Student Investment Program

Investing their time wisely
William Doherty

A group of six Holy Ghost Prep students, including one future HGP student, traveled to New York City on July 24. They met with Wall Street executives as part of experience designed for members of the Frank Frederico ’00 Investment Fund and Finance Club.

Moderated by Jenny Daily, the fund and club combines lectures, meetings and trips, the latter of which allows Holy Ghost students the opportunity to learn high finance from experts in the field.

The Holy Ghost students who made the New York City trip, along with Matt Dwyer, HGP’s executive director of development, and Daily were Cillian Binder, Ethan Byrne, Matt Pienkowski, Cole Rosini, and Robert Scorsese. Kenny Daily, who will be a member of HGP’s Class of 2030, also made the trip.

On July 24, the students took a visit in New York City, meeting with financial experts and HGP alumni. Students enjoyed lunch with Dominic Frederico, the man who started the Frank Frederico ’00 Student Investment Fund. Students also met in the morning with Andrew Romano ’99, a financial advisor at Strategies for Wealth who is also a children’s author and voice-over actor. After lunch with Frederico, the group met with Tom Manning ’86, a vice president at Goldman Sachs.

“All of our visits were excellent,” says Daily. “I cannot put into words how incredible it was to meet with Mr. Frederico. He shared many reflections and stories with us. I believe the students will reflect upon this visit during various times of their lives and appreciate the knowledge he shared.”

The finance club assists HGP students in learning the skills necessary to manage the Frank Frederico ’00 Student Investment Fund. Dominic Frederico, the CEO of Assured Guaranty, donated the money to establish the Frank Frederico ’00 Student Investment Fund, a fund which the students in the finance club manage real money as fiduciaries. It is one of only a handful of such investment funds in the nation that allows high school students to learn investing by managing a fund with real money. 

“This New York City is an amazing experience for young men to learn about investing from experts in the field.,” says Holy Ghost Prep principal Kevin Burke. “We are grateful to Mr. Frederico and his generous support of HGP.”