Past experience: Edward Jones broker tried to sell annuity - fired him
Manages own financial decisons
History/Values
Birth of child = mosts significant experience in life
- nothing compares
Most satisfying time in life:
- Fall 2011 - teaching 1st time
- always wanted to teach
- have great impact on students' lives
- nice to see students change/develop
- likes to be good influence/impact on others
Life experience made you better in workplace:
- Navel Jr. Retirement Officer Training/Master Sargent William Pageant (retired Marine) "Don't worry about the Admiral, he puts his pants on one leg at a time like you do" - don't need to be intimidated by/nervous around people
- Father gave exposure to people/money going out to fancy restaurants
#1 regret regards to money:
- not saving earlier than 10 yrs. after completing college
- having student debt
Money = Ability to do things/Freedom
- dinner, movies, travel
Great accomplishments:
- mentoring now sucessful probate attorney
- sold practice to struggling lawyer, mentored/helped 1 yr
- received gratifying public thank you at wedding
- regards to Financial Planning: influencing the course of debate-fiduciary standards in Congress, SEC, DOL
- ability to integrate legal/financial planning backgrounds
Other jobs/careers as:
- Disney - various characters/toured stars around
- Lawyer
- Financial Planner (current)
- Professor (current)
Financial Planning career trigger
- Prudential financial consultant/educational program design in Newark, NJ
- Helped 5 CPA's design own firm
Self-inspired to be a Financial Planner
- always had interest
- 19 yrs. old Tin Man read stock market books
- exposed to financial plan portfolios when a lawyer/ talked
about LT care insurance
- Estate research/consultation
Other jobs - shared money with mom
First job - 10 yrs. old - $20 Sears mower - moved neighborhood lawns
16 yrs old - 10th grade - Advanced English - McMahon sweater instead of jacket
Grandmother bought clothes/not stylish
Lived w/wealthy father during summers
Mother struggled to make ends meet/good provider
Parents divorced when 8 yrs. old
16 yrs. old moved back to St. Petersburg, FL
for Jr/Sr year at military HS
8 yrs. old moved to Charlotte, NC
with mother, brother, & sister
Fished for mullet/sold in neighborhood
Rode bike on 10 mile boulevard
Grew up St. Petersburg, FL
Optimistic outlook on life
- things always work out in the end
Interests
Charitable contributions:
- Money: ASC Financial Planning Program Development Fund
- Time: professional organizations -
- NAPFA
- Financial Planning Association
- CFB Board
Hobbies:
- Research/writing
- Tennis/golf
- Sailing
- Movies (doesn't watch TV except occaional sports
- Traveling - learning about new places/cultures
Sports:
- Florida Gators
- Boston Red Sox
- Patriots
Relationships
Common interests with wife:
- enjoy family, movies, traveling, gambling
- hobbies different: wife enjoys cooking, gardening, fixing things with hands, computers
- exact opposite personalities
Schools after High School:
- Coast Guard Academy
- Community College
- Law College
Pets - dog Emmy/Australian shepherd mix
Enjoyed spending 3 days this summer with 6 yr old step-grandson
Lives/lifestyle impact by financial decisions:
- wife and children
Goals
Want to help children get through college without debt and help set them up an enjoyable job
Similar retirement goals w/ wife:
- live close to family/spend more time with them
- travel
Retirement (personal goals):
- continue research/writing about Financial Planning and Fiduciary Law (viewed as one of national experts)
- have close relationship with grandchildren - spoil them
- travel/sail around U.S., Mexico, Mississippi River
Retirment (when to):
- would like to continue teaching as long as physically/mentally capable - 70ish
- First phase most difficult - transition from work office to home office
Most important current financial issue - to sell your part of the business to partners
Ultimate financial planning career goal: have a professional regulatory organization run by financial planner that follow fiduciary standards regardless of licensing - dramatically affect America's ability to save for retirement
Long-term Challenge: making all financial planners fiduciaries
