Hi everyone, my name is Jared Pestcoe and I am the Operations Manager at Schulz Wealth. I thought I would give Rob a break this week to talk a bit about the sector of the financial industry I used to be a part of that has shaped a strong belief in what we do at Schulz Wealth.
I grew up loving the sport of baseball and I still play it to this day. I vividly remember watching Barry Bonds, Alex Rodriguez, Mark McGwire, and others on television as a child. They broke record after record and I quickly became a huge fan. Little did I know, they were all using performance-enhancing drugs, and when I did find out, it was disappointing because they broke the rules to achieve stardom. They didn’t do it the right way and in the end, were punished for it.
When I started my career in Finance, I didn’t know exactly what I wanted to do, but I knew I wanted to help people and build strong relationships along the way. I found myself working with some really high-profile teams, but, over time, came to realize their way of doing things wasn’t necessarily wrong, but I felt there was a better model for building and handling client relationships, providing advice, and so on. After a few moves throughout the financial industry, I discovered there are fee-only advisory firms–like Schulz Wealth–out there quietly doing great work for their clients. Upon making this realization, I knew this was where I wanted to be and what I was looking for all along.
Many people assume that the big-name firms in our industry are the best, both from a client standpoint and an employer standpoint, just like I did. But after reflecting on my own experiences, I believe we are no longer in the time period where clients are being best served at large financial institutions. Products, technology, and services for advisors like Schulz Wealth are evolving much faster and surpassing what’s available elsewhere.
I might get some hate for this, but I’m a Philadelphia fan through and through, and this reminds me of some of the great Philadelphia Phillies in 2008 like Chase Utley and Jimmy Rollins, who weren’t necessarily the biggest or most well-known, but they were able to bring home a championship together as a team.
Those are my thoughts, have a great Thursday.