Andrew Pesner is an experienced Financial Advisor and Capital Markets Specialist from Hauppauge, New York. Born on June 22, 1967, Andrew has dedicated over three decades to developing sophisticated investment strategies and fostering strong client relationships. He holds a pivotal role at New Age Venture Capital, where he manages diverse portfolios and aligns financial solutions with clients’ long-term goals. Outside of his finance career, Andrew is an avid runner and musician. He has completed over 100 marathons, including several ultra-marathons, using the discipline and resilience from his running to enhance his professional performance. Andrew’s deep commitment to personal service and his holistic approach to financial planning have established him as a trusted advisor in the finance community.
How did you get started in this public business?
I began my career in the financial industry shortly after college, starting with an entry-level position at a local investment firm. This initial role was crucial as it introduced me to the basics of financial markets and client management. I moved through various positions, learning the ropes and gaining experience in different aspects of finance. After several years, I joined New Age Venture , where I now utilize my extensive experience to guide investment strategies and client relations.
How does your company make money?
At New Age Venture Capital, we generate revenue primarily through management fees, performance fees, and from strategic investments. My role involves managing client portfolios and developing strategies that not only protect but also grow our clients’ investments. By focusing on long-term wealth creation and maintaining high standards of service, I contribute to both client retention and the firm’s profitability.
How does your company go about acquiring new customers?
Our approach to acquiring new clients primarily involves leveraging a strong referral network built on trust and proven performance. We also engage in targeted digital marketing campaigns and maintain a robust presence at industry conferences and seminars. Our sales team is highly trained to understand the specific needs of potential clients, ensuring personalized and effective presentations of our services.
How did you work your way up in this business?
I started in the trenches, so to speak, learning everything I could about finance and client relations as an assistant. Gradually, I took on more responsibilities, moving into roles that involved direct client management, investment strategy, and finally, portfolio management. Each position taught me valuable lessons about the financial industry, which prepared me for my current role as a Capital Markets Specialist.
What made you want to work in this industry?
I was inspired by the dynamic nature of the financial markets and the opportunity to make a tangible difference in people’s lives through sound financial advice. Watching market interactions influence global economics fascinated me from a young age, and I was drawn to the challenge of navigating these complexities to achieve success for my clients.
What is it that you feel makes you good at your job?
My patience and attention to detail are critical in managing investments and client expectations. I’m naturally analytical, which helps in assessing market conditions and investment opportunities. Additionally, my communication skills enable me to explain complex financial concepts in understandable terms, which is essential for client trust and relationship building.
What are the perks of working in this type of business?
The financial industry offers significant intellectual challenges and the opportunity for substantial financial rewards. Professionals in this field often enjoy prestigious status and the ability to network with a wide range of influential people. Additionally, there’s always something new to learn, which keeps the work engaging and dynamic.
What are the disadvantages of working in this field?
The main drawbacks include the high-stress environment, long hours, and the constant need to stay updated with global financial news and market trends, which can be exhausting. The industry is also highly competitive, which can be a challenge for maintaining work-life balance.
What’s the most rewarding part of your work?
The most rewarding part of my job is seeing my clients achieve their financial goals, whether it’s growing their investments, saving for retirement, or funding their children’s education. Knowing that my expertise helps secure their financial future is deeply satisfying.
Where is your industry headed? What excites you about the future of this line of work?
The financial industry is rapidly evolving with the integration of technology, such as AI and blockchain. These advancements are set to revolutionize how we manage and secure financial transactions and how we advise our clients. The future promises even greater efficiency and customization in financial services, which is incredibly exciting.
What advice do you give people who want to get into your field of work?
My advice for newcomers is to focus on continual learning and to embrace the evolving nature of the industry. Build your network early and seek mentors who can guide you through the complexities of the field. Also, be prepared to adapt quickly and develop a thick skin, as the financial sector can be unforgiving.
Are you willing to be a mentor? If so, how should someone contact you?
I am open to mentoring young professionals looking to grow in this field. Interested individuals can contact me on my LinkedIn profile for guidance and advice.