James B. Freedman, Managing Director and Chairman of Intrepid Investment Bankers, to Receive 2023 Horatio Alger Award


The Horatio Algiers Association will nominate 13 outstanding individuals who have overcome adversity to achieve professional and personal success for the 2023 Member Class.

Washington, January 18, 2023 /PR Newswire/ — Horatio Alger Association of Distinguished Americans, Inc.a non-profit educational organization that celebrates outstanding individual achievement and encourages young people to pursue their dreams through higher education, announced today: James B. FriedmanManaging Director and Chairman of Intrepid Investment Bankers has been elected a member of this prestigious organization. Mr. Friedman joins his 12 outstanding business, civic and cultural leaders across North America in receiving the 2023 honor. For 76 years, the Horatio-His Algiers Prize has been awarded annually to esteemed individuals who have achieved success in the face of adversity and continued their commitment to education and philanthropy in their communities.

A born entrepreneur, Mr. Friedman was born into a working-class family. connecticut By the time he was seven, he had several miscellaneous jobs. From his early days, he found and refurbished and sold used golf balls, worked in retail stores, restaurants, the hospitality industry, and even operated a forklift so he could save money and finish college. I was. He discovered his passion for travel early in his life. after his graduation Cornell University In 1975, Mr. Friedman sold his personal belongings and traveled. Europethe budget necessary for living $10$20 per day.he later University of California, Los AngelesI completed my MBA while working as a cargo handler for Delta Air Lines. After graduation, UCLAMr. Friedman chose to put down roots angels Make a career there.

After four years at the Foothill Group, a small financial firm, Mr. Friedman quickly earned multiple promotions before founding Barrington Associates, a financial advisory firm. Mr. Friedman and his partners tenaciously built the company, although it took him nearly eight years to turn a significant profit, and he eventually sold Burlington Associates to Wells and his Fargo Bank in 2006. In 2018, it was sold to MUFG, the sixth largest bank in the world.he will continue to chair angelsAs a company based in Over the course of his career, Mr. Friedman has advised over 500 mid-market companies. $20 million more than billion dollars.

“Throughout his life, Friedman learned the value of hard work, the importance of entrepreneurship and, ultimately, the meaning of the American Dream,” he said. Terrence J. Giraud, Executive Director of the Horatio Alger Association. “Based on these ideals, Mr. Friedman has overcome personal and professional challenges and is an excellent example of success for our country’s future leaders. I will be a model.”

Friedman is committed to fostering the next generation of entrepreneurs and recently donated millions of dollars to the UCLA School of Management Venture Accelerator Program to help students realize their entrepreneurial dreams. A passionate philanthropist, Mr. Friedman supports causes primarily related to education, health and welfare services, environmental, religious and community improvement. He serves on the boards of the UCLA Jonson Cancer Center, UCLA Anderson School of Management, Cedars His Sinai Hospital, Concern Foundation for Cancer Research, Simon Foundation for Education and Housing, Yosemite His Conservancy.

Freedman said: “I felt an immediate connection to his association’s mission of helping deserving students achieve their dreams through higher education. I look forward to seeing the impact my talk and mentorship will have on the scholars.”

Since 1984, the association has awarded annual scholarships in need to high school students who have demonstrated a dedication to pursuing higher education despite significant disability throughout their lives. The association also aims to educate young people about the limitless opportunities available through the free enterprise system through commitment, integrity, and hard work. Made possible through the association thanks to the generosity of our members who contribute more than $45 million.

“It is our greatest honor to present the Horatio Algiers Awards to outstanding leaders who demonstrate extraordinary perseverance in overcoming challenges each year. James F. Dicke II, President, Horatio Algiers Association and 2015 Horatio Algiers Award Winner. “Each of these incredible leaders has shared their successes with others and donated generously to causes that matter and to communities in need. proves to be within reach for all who seek it.”

Mr. Friedman and the 2023 class of members will formally join the association at the Prix Horatio Algiers induction ceremony in 2023. washington dc from March 30th – April 1st2023.

For more information on the Horatio Algiers Association and the 2023 Membership Class, please visit: www.horatioalger.org follow the organization Facebook, twitter When Instagram.

About the Horatio Alger Association of Distinguished Americans:

Founded in 1947, the Horatio Alger Association of Distinguished Americans, Inc. is dedicated to the simple but powerful belief that hard work, integrity and determination can overcome all obstacles. The Society honors an outstanding leader who has achieved remarkable success in spite of adversity by awarding Horatio his Algiers Award and inducting him as a Life Member. Member of Horatio Alger Empowering promising young people with the resources and confidence they need to overcome adversity to pursue their dreams through higher education. In 2022, the association has awarded many awards due to the generosity of its members and friends. $16 million Undergraduate and graduate need-based scholarships for over 1,600 students usa When Canada, and provided college support and mentoring services to its scholars. by 40th Anniversary of the Association’s Scholarship Program in 2024, $259 million More than 37,000 students will be awarded undergraduate, graduate, veteran, career and technical education scholarships. For more information, please visit www.horatioalger.org.

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Source Horatio Alger Distinguished American Association



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