Today’s Notable Young Professional is finance professional Jack Mayer, who recognizes that the investment landscape has fundamentally changed. If you have an interest in preserving your wealth and achieving predictable absolute returns, he would be delighted to speak with you…
Elevator Pitch: Describe your job in a nutshell.
Over the course of history the investment landscape has fundamentally changed. The equity markets of today are dominated by speculation rather than the traditional bottom-up analysis of the past, and as a result have become dramatically more volatile and irrational. Our unique approach acknowledges the changing investment landscape and seeks to identify areas of the market that are not dominated by speculation, that produce consistent dividend flow and secure interest income, while providing greater protection from irrational market volatility.
If you have an interest in preserving your wealth and achieving predictable absolute returns, I would be delighted to speak with you.
Why did you start working at your company? What was the inspiration for this career route?
Choosing to work at BMO Nesbitt Burns was an easy decision to make. Over the past 20 years our research team has been ranked number one more times than any other firm. Our structured products group is second to none, and our dedicated fixed-income trading desk ensures that my clients receive the best possible execution on their transactions. As a private client of BMO Nesbitt Burns, my clients have the ability to leverage the full breadth of resources available through the BMO Financial Group. Whatever their needs may be – whether it is tax, trust and estate planning, lending, private banking, corporate finance, or high-interest-savings for corporate cash accounts – I have the resources required to meet the expectations of the most discerning investors and the ability to deliver the highest possible standard in private wealth management.
What is the best part of what you do on a day-to-day basis? The most challenging part?
We take a comprehensive approach to managing wealth. Not only are we responsible for protecting and growing current asset, but we are charged with ensuring that all aspects of our client’s financial well-being are examined and secured. That means having difficult conversations about unexpected life events and planning for their family when they are gone. Knowing that I have put the right instruments in place for my clients, my family, and my friends is both the most challenging and rewarding part of what I do.
Where do you see yourself in five years?
I have managed investment accounts on behalf of institutions, pensions, foundations, estates, trusts, families and individuals since 2001, and have held various leadership and oversight roles during that time. In the next five years I am committed to drawing from my experience and taking a more active role in the development and recruitment of Investment Advisors, while making a greater contribution to operational efficiencies and the level of service delivered by my firm.
What does success look like to you?
Living life without the feeling of regret or missed opportunities.
What is the most memorable milestone in your career?
Becoming a Fellow of the Canadian Securities Institute was a significant milestone in my career. As the premier provider of education and professional credentials for investment managers in Canada, it was an important achievement to have earned the most senior designation awarded by the Institute.
Do you have any advice for other young professionals?
Remind yourself that you are mortal every day, and don’t concern yourself with trivial things. Don’t waste your time – we will all turn to dust in the blink of an eye and the living will carry on as if we were never here. Do something with your life that is meaningful, productive, and enhances the lives of others. Reach as far as you can. Continuously improve and develop your skills. Seek the truth and share your understanding of it. Voice your concerns and take appropriate action without fear or regard for personal consequence. We are responsible for the environment we live and work in. If something is not as it should be, it is your responsibility to improve it.
Do you support any charities? If so, which one(s) and why is that important to you?
The Duke of Edinburgh’s Award, founded by His Royal Highness The Prince Philip Duke of Edinburgh to encourage personal development and community involvement in young people.
Participants complete The Award by achieving personally established goals in the areas of Community Service, Skill Development, Physical Recreation and Adventurous Journey. In pursuing these activities, young people learn responsibility, acquire new skills and increase their level of physical fitness. I support The Award because it fosters the values and attitudes I believe are vital in a civilized society. It builds the foundation for an enriched life regardless of the young person’s background and socio-economic circumstance, and enhances the community they live in.
What to you is notable?
To reveal the truth or essence of something. To understand the world as it is and piece together a solution that leaves the impression of innovation while being ultimately timeless and enduring. It is something that has always been present and possible, but is suddenly recognized and pulled from the darkness.
BlackBerry, iPhone, Android, or Other?
I use the Berry for business…
#LYNL | (Live Your Notable Life)