Behind the Scene in Financial Advising–An Externship

Editor’s Note: Brian Beardmore ’14 discusses his recent externship with Greg Charnes ’00.

During my previous two years of enjoying the 4 week long break that the college is so kind to give its non-seniors, I decided to do what I could to ensure that I did nothing productive. I enjoyed my extra time as much as I could before I would get the expected slap in the face given by the ensuing semester. This time, however, I decided to do something that could actually helpful to my future and that was through the participation in an externship.

I spent two days in Newburgh, Indiana (just East of Evansville) shadowing financial advisor Greg Charnes ’00 of Ameriprise Financial. Although the stay was brief, the experience and knowledge that I gained were far more valuable and extensive than I could have hoped for. It gave me a much better idea of what goes on in the day-to-day necessary work, most of it in which clients do not see.

Charnes has quite a bit of clients between his Nashville and Newburgh office locations and frequently meets with his clients to discuss their finances and what to do with them. However, my visit happened to be on a two day period in which he did not have any scheduled meetings. To many people this may sound as if I would not be able to learn much, but he had quite a bit to accomplish despite the lack of meetings.

Much of Charnes’s work comes from the preparation of meetings through research and organizing. The stock value of numerous companies are extensively researched to give Charnes a good idea of where the company is, has been and could look to go in the future. He advises his clients on what stocks to buy and sell, so having quite a bit of knowledge on these companies is crucial. Organizing files for his clients also took up plenty of time. The updating of information was necessary to ensure that surprises are minimized when the meetings happen.

This type of work took up most of the time I was there and I could not be more thankful for what I learned. Not only did I learn a bit more about stocks and how to look at them, I also learned a bit more on how to deal with people. In an economy that has plenty of upward and downward swings, keeping clients at ease and encouraged can be a difficult task. So much of what goes into this job is being able to not only make the clients comfortable, but to build a relationship with them as well. Advisors want their clients to be able to trust them and to not think that they are just trying to make money off of them.

Charnes and his co-workers seem to have the attitude that they are not simply helping people make money; they legitimately enjoy their job and are looking out for others that need financial advice. I am incredibly thankful for the experience that I have and I recommend anyone who might be interested in that field to visit them.

 

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Entrepreneurial SEEDs: AJ Sutherlin

Editor’s Note: Find out from AJ how he put his SEED Grant to work. SEED Grants are available through the Schroeder Center for Wabash students with entrepreneurial aspirations. Contact us for more details. 

As you may already know, I was recently selected as a recipient for the Wabash College SEED Grant. For those of you who are not familiar with the SEED Grant, it is a grant that is given for student entrepreneurial development. I was selected for the Grant in the spring of 2012.

Over the last several years, I have been attempting to get my lawn care business off the ground. I quickly found that the expenses of running my own business were far from inexpensive. With equipment costs, as well as maintenance costs, there was hardly any cash left over to cover the necessities, such as gas and insurance. As you can tell, I was more than thrilled to learn about the SEED Grant that Wabash College offered to the student body. I was approved for the SEED Grant with the understanding that my Grant would be used for purposes such as insurance, lawn maintenance computer software, and equipment costs. The SEED Grant not only gave me some breathing room in terms of cash flow, but it also allowed me to run my business much more efficiently with the purchase of a rather expensive, yet incredibly beneficial, software program–something I would have never been able to spend the money on otherwise.

This past summer turned out to be a major success (with the exception of the 3-week drought during the month of July), and the business is now stronger than ever thanks to the Wabash College SEED Grant. Attached are some pictures of the equipment and some of the work Sutherlin’s Mowing Service performed over the course of the summer!

 

 

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A Fashionable Wabash Man in China

Editor’s Note: Here is an update from Tian Tian ’11, who has moved to Louis Vuitton China.

I started working in the Public Relations department of Louis Vuitton China (Shanghai) in late May and my life has been nothing short of a whirlwind since.

This is exactly where I wanted to be from the beginning! The sales job at 5th Avenue was wonderful, but I was ready to move in a new direction at the end of the 1-year tenure. So, when I saw this golden opportunity to transfer back to China, I snatched it up as quickly as possible. Now, that isn’t to say that I didn’t have to work for it. It took me four different interviews to get this new position. Thankfully, interviews are not that big of a deal after spending so much time in the Career Services office back at Wabash.

My new position as a PR Assistant is rigorous and challenging. Some of my major job functions have included celebrity relations, media relations, and event planning. Since I started in May, I have been dealing with more than thirty different fashion media representatives, and 1st-tier celebrities on a daily basis. I do a lot of the personal styling for celebrities with Louis Vuitton products during red carpet debuts and other events. On the fashion magazine side, I have also been getting more and more familiar with the editors of GQ, Esquire, Vogue, Elle, and several other big names. I provide content for these media outlets and “feed” them with the newest trends from the brand and work to get us more coverage.

Tian_Magazine Clipping

Tian holding the September issue of “Numero” magazine with 23 pages of editorials coverage on Louis Vuitton, tagged by the pink stick-it notes.

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A City of Inspiration — NYC Site Visit Trip

–Sky King

Over the course of my life New York City has played many roles. It was, at a time, my first taste of freedom, the place where I had my first real job experience, and even a place that I called home. Despite the many hats this city has worn in my life, the one flame that has endured through my many experiences is just how inspiring this place is. I have always felt that man was meant to move mountains. I am not a very religious person and have instead decided to put my faith in the human race. Now I have always known that this is what New York City meant to me, but it took the comment of one of my close friends for me to realize that, it has and always will, mean the same to every dreamer that moves into the “Big Apple.”

While meeting with Ian Campbell a 2001 Wabash College grad, Tyler Griffin said the reason he came on this networking trip, was because he felt like he was in a slump in his life and he needed a bump of inspiration. When he said this it just hit me. Tyler, myself and the millions of immigrants who have migrated to New York City since its creation have done so in search of one thing, inspiration.

Now, neither Tyler nor I needed the Statue of Liberty to guide us, but we each had our own flame lighting the way. At the end of this first day I can already feel the passion and drive to enter back into my system. Having the opportunity to meet with Jay Allen a 1971 graduate and trustee of Wabash College, and see the view of the world from the eyes of one of the biggest corporations in America, was exactly the spark I needed to rekindle the deep burn that has kept me motivated through the ups and downs in my life. After leaving Bank of America we headed to Wasabi Rabbit, a digital marketing firm, where we met with Tim Lyons a 1991 graduate of Wabash College. Wasabi Rabbit was a perfect balance to Bank of America, it was as if on one side, I had my dreams, aspirations, and drive and on the other a portal to the present. Reminding me of what I can accomplish and enjoy right now.

If these two great site visits weren’t enough to reiterate the importance of following your dreams, we ended the night on Broadway, to watch Rock of Ages. Which, for those of you who have never seen it, is the story of two dreamers who found themselves teetering on the edge of losing their dream and in doing so losing themselves..

I couldn’t have written a more poetic ending to correlate so well to the motif of the day and New York City in general. Through all the great contacts I am making and the great knowledge and advice I have received, the beauty of New York City weather, on the stages of Broadway, or the wealth of Wall Street, New York City will forever serve as hope to the hopeless, inspiration to the uninspired, and the place where dreams come true to the dreamers.

 

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More than introductions: NYC Site Visits Day One

Thirteen Wabash students and the Schroeder Center team (Scott and I) got to the heart of our trip today with a solid line-up of site visits. Led by alumni and friendly contacts at diverse organizations, we all got more than just a superficial peak into the organizations.

Jay Allen ’79 and two of his analysts introduced our guys to Bank of America. They were very candid about challenge of banking, especially coming out of the gate in entry-level positions. But they also showed off the opportunities that accrue to those with the intelligence and work ethic to see it through. Several of our guys are looking in this direction.

Tim Lyons ’91 showed off Wasabi Rabbit, a digital marketing agency. Tim helped us understand the distinction between the traditional ad agency and this recent model. Wasabi Rabbit has a strength in social media and web-driven campaigns, and drew out some great questions from our guys. …And how about the chalkboard paint all over the place? Great visuals here.

Then on to Mission Athlete Care. They promoted their innovative business model leveraging professional athletes as business partners to solve the problems faced by athletes. Then some spontaneous fun: we got a demo of a towel that drops 30 degrees after soaking it in water, and stays that way…really quite amazing. Find the “Mission” products on your next trip to Dick’s Sporting Goods. And if you have the next great sports invention, let us get you in touch with them!

Following a sports trend, we headed next to Major League Soccer, hosted by Ian Campbell ’01. After studying Classics and playing soccer at Wabash, Ian returned to his passion for sports in the grand sense (think Greek Olympics) a few years ago. He told our guys about the vision for MLS in the future and how to get started in the industry. And be looking out for MLS more and more in the future–soccer has a huge and growing interest among young athletes.

Thanks to all our hosts today! We’re off to Rock of Ages tonight and more visits tomorrow. Keep up with us in real time on Twitter: #WabashNYC.

–James Jeffries

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Matt Kaczkowski ’13 : Internship with the NBA Basketball Division of Octagon Sports Marketing

Matt Kaczkowski ’13 – This summer I was lucky to have the opportunity to be an intern for the NBA basketball division of  Octagon Sports Marketing, one of the largest athlete management firms in the world and I wanted to share how my Wabash training and experience helped me to get the job and to have a great experience.

Since Octagon is an immense company with upwards of 800 staff in 22 countries across 6 continents, securing summer internships is very competitive.  I had to write essays, analyze a sports marketing case and present my conclusions to a panel of executives in Washington DC, . . . just to get the job!  Little did I know, I would face competition from students from schools such as Northwestern, Georgetown, University of Michigan, USC, Penn State and many others.  Fortunately, my Wabash training enabled me to think critically and communicate effectively.  I knew there would be stiff competition but I kept fighting.  Even though there were 580 intern candidates all from bigger schools, I was lucky to be their FIRST hire for the Octagon 2012 internship program.

As an intern in the basketball division, I had a variety of opportunities.  The company afforded me the chance to interact on a daily basis with Octagon clients such as Wesley Matthews (Portland Trailblazers), Ryan Anderson (New Orleans Hornets), Landry Fields (Toronto Raptors), David West (Indiana Pacers), and Stephen Curry (Golden State Warriors).  My role in the department involved draft preparation, statistical analysis and coordination for Octagon rookie clients and marketing/endorsement partnerships for current NBA players.  I helped coordinate the Octagon rookies’ schedules of workouts and summer leagues.  I provided marketing ideas for both Matthews and Curry that will be enacted later this year with a number of companies in Portland, OR and Raleigh, NC respectively.

This summer gave me a great perspective on the sports industry.  The chance to observe and work with basketball agents was amazing.  Octagon held a weekly speaker series in addition to a couple of team projects that helped me get a feel for a few different areas of the company.  I was given tremendous insight into the hiring process, partnerships research, and logistics that go into the sports world.  I had a fantastic time and I’m grateful for the experience and exposure.

The Octagon experience allowed me to put my Wabash liberal arts education to work in the sports world.  The strengths of communication skills, empirical skills and critical thinking gleaned from my work at Wabash allowed me to be successful in my work this summer.   I owe my success to all of my instructors, coaches and the folks at Career Services who helped me at various steps in my journey.  You don’t realize how well Wabash prepares you until you get out in the world.

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Josh Jones ’14: Summer at the Schroeder Center for Career Development

Josh Jones ’14 – For most of my summer, I’ve worked as an intern at the Schroeder Center for Career Development at Wabash College. During this time, I’ve learned many techniques to help improve not only my job-seeking skills but also to help me help others in this area as well. Throughout this time, my partner and I have worked on many projects from organizing the Community Fair to exploring a Wabash-owned area of land known as “The Patch” and figuring out ways that this area can be used by students.

In the first week of work, I went through Peer Career Advisor training.  This training was an important piece of my internship experience, as it not only helped me familiarize myself with what Career Services offers, but also help me learn to help others with resume editing and advice. One problem that the Career Services building runs across is getting students involved with the programs that we offer. So, part of my job this summer was coming up with some ideas that could help bring more people into the office throughout the school year. One of the projects that we did to help this was to create a Pinterest page dedicated to informing students of what we offer along with other useful tidbits of information.

The largest project of the summer by far had to be organizing the Community Fair. Each year, Career Services holds the fair in order to help both new students and returning students get acquainted with some of the businesses that Crawfordsville has to offer. Each year around 75 businesses attend and nearly 600 students show up to see the fair. In order to get the businesses’ attention, my partner and I traveled throughout Crawfordsville to find businesses that would be interested in being a part of the Community Fair. Since I am not from around Crawfordsville, I was baffled at how many businesses there were in Crawfordsville. For more information about the upcoming event, go to www.wabash.edu/careers/fair.

As part of my internship as a project and event management intern at the Schroeder Center for Career Development at Wabash College, I took the opportunity to plan an externship with the Indianapolis Metropolitan Police Department. The officer who escorted me on my externship was Patrolman Leon Essig, a police officer of eleven years. I plan on pursuing a career somewhere in the field of law enforcement after I graduate from Wabash College and I wanted to take this opportunity to see some of the responsibilities that a career in law enforcement would entail.

This internship has been worthwhile knowing that the work I put in this summer will help both current and future students with their careers and hopefully their Wabash experience as well. The skills that I have developed will prove to be very beneficial to me and the wonderful people that I have met throughout my internship have helped improve the way that I think about Wabash. I would like to thank the Schroeder Center for Career Development for hiring me as a summer intern.  I have enjoyed working with everyone here and look forward to seeing what becomes of the plans that we have though out the year.

Josh Jones

Wabash College ‘14

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