Aldrich Wealth has been growing, and not just its assets under management. In the last few months, the team has expanded significantly to include several new faces. I recently sat down with Financial Paraplanner Tyler Conroy and Investment Analyst Jack Wendland to discuss what they enjoy doing in and outside of the office. Read on to learn more about two of our newer employees.
Katie: Let’s start with something easy – how would you describe your job to someone that doesn’t know anything about the work you do?
Jack: My role has two sides to it, which are like clockwork. Most mornings are focused on trades, which we consider the blocking and tackling. Mornings involve responding to requests from advisors, be it raising money or investing money in a specific account. Then, in the afternoons, we have more of our creative and engaging work, and that’s when the title Investment Analyst becomes accurate. Often, this work includes evaluating investment options, performing due diligence, and looking at our current allocations and portfolios to ensure we’re up to date on all market information.
Tyler: As a financial planner, I help people create a road map for their financial lives. The financial plans are incredibly customized, which is unique to Aldrich. Many components go into our plans, including cash flow, retirement savings, and education savings analyses. We want to articulate the big picture strategy and how the different pieces fit together to create the most successful probability of the client achieving their set goals.
Katie: It sounds like you’re both afforded opportunities to practice some creativity in your roles. Could either of you speak to specific aspects that set Aldrich Wealth apart from the pack?
Tyler: One of the big reasons I choose to work at Aldrich over other RIA firms is because of the holistic service model. A lot of other RIAs focus only on wealth management, but Aldrich looks at the whole picture. We aren’t just looking at a client’s stock and bond allocations. We are also taking into consideration tax planning and estate planning, which are often missed by other RIAs. I wanted to work somewhere where I knew they were fully servicing their clients’ needs.
Jack: I also knew I wanted to work for Aldrich. It was a rigorous interview process, and I was excited to receive the offer and begin working. A company this size can do a lot more in terms of alternative investment strategies, which was appealing to me. This role also offers opportunities to write and perform research.
Katie: What aspect of your job do you find most fulfilling?
Tyler: At heart, I’m an educator. I enjoy teaching people. I appreciate sitting with clients that value what we do and are receptive to learning more about their finances. As financial planners, we have the opportunity to help people expand what they view as possible for their future, which is exciting.
Jack: I enjoy the due diligence research we do on investments. There are many opportunities to learn here. I also really like working with Darin Richards (Chief Investment Officer) and Matt Bayley (Senior Investment Analyst).
Katie: If you had to give a 30-minute presentation on something, what would the topic be?
Tyler: I’m big into financial literacy. I think it’s vital, and statistics show that many average Americans aren’t well informed about how to make financial decisions. There’s so much confusion about where people should go for information. Once I’ve completed my CFP exam, I hope to get more involved with nonprofits and other organizations that help promote financial literacy to the average person. I’d love to give educational presentations on financial planning.
Jack: I might do a presentation on my list of the Top 10 albums of 2019. I had a lot of female pop singers on my list, including Ariana Grande, Carly Rae Jepsen, and King Princess. I also included some classics like Bon Iver and Vampire Weekend. I could definitely do 30 minutes on that, especially if I sprinkled in some song samples.
Katie: What is a tool you really like, a productivity hack you use, or something else you highly recommend?
Jack: I can think of a few tools and hacks. I like Mint for budgeting. I tell everyone about Mint because it’s non-judgmental. Mint’s fine with you spending $500 on clothes, or restaurants, or entertainment, as long as you don’t exceed your budget allocation. I also watch the PBS News Hour every night on YouTube, and I watch it at 1.5x speed.
Tyler: I thoroughly enjoy podcasts, and I listen to them all the time. When I wake up, I like to listen to The Daily from the New York Times. It’s usually about fifteen minutes on a relevant news story, which helps keep me up to date. Then, I have a couple of other podcasts that I really enjoy and highly recommend: “Open Source” with Christopher Lydon and “The Ezra Klein Show” from Vox Media.
Katie: Thank you both for speaking with me and sharing a little about what drives both of you. It’s a pleasure to hear the unique perspectives that help make the Aldrich Wealth team so insightful and effective.
We’re excited to have two more pop-culture and budgeting geniuses on the Aldrich Wealth team. To learn more about Jack or Tyler, check out their profiles on the website.
Putting a Face to the Name
Aldrich Wealth LP
Tyler joined Aldrich Wealth in 2019. Before joining the firm, Tyler spent several years as an Associate Financial Consultant with Charles Schwab. He has particular expertise in providing comprehensive wealth management and financial planning services. Tyler enjoys educating individuals and families on how to play an active role in their financial well-being. Tyler earned a…
- Wealth Management
- Financial Planning
Aldrich Wealth LP
Jack joined Aldrich Wealth in 2019. Before joining the firm, Jack spent several years working within the financial industry. His responsibilities at Aldrich Wealth include assisting with the implementation and execution of the firm’s investment strategy on the Corporate Retirement Plan and Private Wealth front. He also helps monitor broad economic data and new investment…
- High-Net Worth Individuals
- Corporate Retirement Plans
Aldrich Wealth LP
Katie joined Aldrich Wealth in 2019. Before joining the firm, Katie worked as the Marketing Coordinator for a boutique regional business law firm. Previously, she served as the personal assistant to a private investor in the Seattle area. She has a particular passion for client experience, cultivation of community, and financial education. She takes pleasure…