Experienced Investment Banker
About Matt Bruderman
Over the course of his career in financial services, Matt Bruderman has gained extensive experience in various facets of the industry. Early on, he held positions in sales, financial planning, investment management and merchant banking with successful firms including Shearson Lehman and Merrill Lynch. Matt Bruderman applied this experience to the development of several companies of his own, including MJBC Corporate Retirement Services, Inc., and Bruderman Asset Management Company, Inc.
Today, Matt J. Bruderman serves as chairman of Bruderman Brothers, overseeing all investment banking activities as well as leading the merchant banking and consulting services provided by Bruderman Enterprises. As a family business in its third generation, the former provides financial services to family and other closely held companies, while the latter focuses on lower middle-market investments spanning the consumer, healthcare, and financial services industries.
In addition to his work, Mr. Bruderman is dedicated to numerous organizations focused on the local community and environment. He is a board member of North Shore Alliance, an organization concerned with environmental conservation along the North Shore area of Long Island. He is also a member the Locust Valley Chamber of Commerce, and serves as director of the Matinecock Neighborhood Association.
Safety Tips for Water Skiing
An experienced investment banker in New York, Matthew J. Bruderman is the chairman of Bruderman Brothers, LLC. A member of his family’s third generation to go into finance, Matt Bruderman has consulted on transactions of up to a billion dollars. Matt J. Bruderman also maintains an active outdoor lifestyle and enjoys water skiing.
Water skiing is fun, but it is essential to develop good safety habits. Here are some suggestions for reducing the risks:
Before anyone skis, the driver of the boat should scout the area. He or she should notice any obstacles, such as buoys or pylons, and maintain distance from other boats, skiers, and swimmers. If danger is ahead, the driver should gradually shut down the engine, since a skier cannot follow a sudden turn. Remember that life jackets are mandatory at all times for all participants.
The tow boat should have rear-view mirrors to keep skiers in sight. Put up an orange flag to indicate the presence of a skier, and take a non-skiing passenger to be alert for trouble.
The driver should allow for a 200-foot-wide wake and a skiing zone of 2,000 to 3,000 feet. If there are too many boats in the area, don’t go out.
Pay attention to less-than-optimal environments. Stay away from choppy water, and call off the skiing if there is poor visibility because of rain, smog, or other conditions. Do not water ski at night; aside from being dangerous, it is illegal in some states.
Skiers should know and use basic hand signals. If you fall off into the water, place both hands behind your head, if you are all right. Lift one ski out of the water to indicate where you are. A hand salute by your head means you want to return to the dock.
While skiing, hold up your thumb up to ask to go faster, or down if you want to go slower. Holding the hand flat out means stop.