Financial Advisor Day was established in 2016 to recognize and celebrate the contributions of financial advisors to the retirement plan market. It has been my pleasure to partner with my clients for over 34 years and to guide them on their financial journey. This is a good time to thank my clients and their families for their trust, business, and referrals.
This is also a good time to introduce myself to those who may not know me. My wife, Susan, and I have lived in Westchester for over 25 years and we share our home in Irvington with our dog, Louie. I have two grown sons working and living in the New York metropolitan area. I am a Yankees fan and an avid golfer (17 handicap). My parents and brother live in Florida where spend a lot of time visiting family and playing golf. I look forward to spring and summer so I can get out on the golf course and dine al fresco (with friends and clients).
So why am I a financial Advisor? I started my career in the financial industry in 1980, which compared with today’s environment, was a completely different world. For some perspective, the Dow Jones was 800 and mortgage interest rates were north of 12%. The Iran hostage crisis was in the headlines and Jimmy Carter was President. The top marginal tax rate was 70%.
After working for an insurance company and in banking where I gained invaluable knowledge and hands-on experience. I made the decision in 199 to start my own firm as an independent financial advisor. I am an entrepreneur and business owner as well as serving a LPL Financial Advisor. This combination of experience is fulfilling because I get to express my creative side and develop customized financial planning strategies that are the best for my clients.
I provide guidance in areas such as asset allocation, estate planning strategies, retirement and IRA rollovers, and insurance. It has been a rewarding career working with such interesting and varied clients that challenge and motivate me to constantly improve. I know my clients on a personal level (long term and multigenerational) because I enjoy taking care of my clients and getting to know their families, and they trust me.
Many of my clients have been with me through the ups and downs of the economy including the severe financial crisis of 2007-2008. I strive to create portfolios that are based on my clients’ risk tolerance and goals, with investments that do not have to be reallocated or disturbed due to major economic upheavals such as the COVID pandemic and its aftershock.
Supporting me, and ultimately my clients, is the leading-edge research, comprehensive online education resources and productivity tools provided by LPL Financial. In addition, My team, also ensures a superior customer service experience by proactive onboarding of new clients, working closely with current clients to answer questions and problem-solve, educating and communicating regularly with clients, and posting informational relevant blogs on LinkedIn, Facebook and Twitter.
When was the last time you heard from your advisor especially considering the current economic climate?