Michael L. DiPretoro
Thornton,PA
Summary
Detail-oriented wealth management professional with 4 years of experience enhancing financial planning and investment solutions for high-net-worth clients. Expertise in asset allocation, portfolio construction, and financial modeling, including Monte Carlo simulations. Skilled in conveying complex market insights and investment strategies to clients and committees, with a solid background in risk management and regulatory compliance.
Overview
7
7
years of professional experience
1
1
Certification
Work History
Senior Wealth Investment Advisor Associate
Wilmington Trust
Radnor, Pennsylvania
06.2022 - Current
- Support investment advisors in the development and implementation of comprehensive financial plans for clients.
- Present economic outlooks to clients during annual review meetings.
- Deliver asset allocation recommendations and performance reviews to clients and investment committees at annual meetings.
- Build detailed asset allocation models and spreadsheets for prospective clients.
- Create and present Monte Carlo simulations using Paragon to illustrate cash flow analyses and compare asset allocation strategies.
- Assist advisors with pro rata portfolio rebalancing across multiple client accounts.
- Complete all required compliance and regulatory documentation for team-managed accounts.
- Generate and document year-end accounting and tax reports for client accounts.
- Assist with the preparation and filing of private investment documentation for all clients.
- Guided clients in effective portfolio management to meet financial goals.
- Analyze market trends to inform client recommendations.
- Develop personalized financial plans for diverse client needs.
- Coordinate with internal teams to ensure compliance with regulations.
- Educate clients on investment options and financial products.
- Built and maintained strong rapport with clients and prospects.
- Review client accounts regularly to ensure that portfolio allocations were consistent with stated objectives.
- Followed up with clients through phone calls and emails to discuss progress on financial goals, ensuring alignment with clients' objectives and enhancing client relationships.
Client Services Intern
Financial Planning Associates, LLC
West Chester, PA
06.2021 - 08.2021
- Assisted financial advisors in developing tailored financial plans for clients, enhancing overall client satisfaction
- Attended various meetings including: client’s annual review meetings, investment committee meetings, wholesaler meetings, as well as bi-weekly team meetings to discuss weekly tasks and events
- Organized and filed client documents in client relationship management software, supporting firm's transition to a paperless environment
- Delivered exceptional customer service to clients, addressing their financial needs and inquiries via phone
- Became LPL ClientWorks Certified after completing all required training modules
Finance and Marketing Intern
InTandem Bike
Virtual
06.2021 - 08.2021
- Led fundraising efforts through effective communication and management strategies, resulting in increased donations
- Proficiently managed InTandem Bike’s donations and fundraising efforts through a financial data software (Bloomerang)
- Contributed to development of 2021 budget by collaborating with department heads on project needs
- Redesigned and updated InTandem Bike’s organizational website to enhance user experience and engagement
Human Resources Intern
Chester County Hospital
West Chester, PA
05.2019 - 08.2019
- Led fundraising initiatives for hospital-based charities and social justice programs, enhancing community support
- Attended daily meetings with superiors to gain insights into budgets, cash flows, and upcoming projects
- Completed high-standard Excel spreadsheets, earning praise from departments for organizational efforts
Education
Bachelor of Science - Health Policy and Administration, Smeal Certificate of Business
The Pennsylvania State University
University Park, PA05-2022
Skills
- Financial planning
- Investment planning
- Retirement planning
- Estate planning
- Tax planning
- Asset allocation
- Portfolio rebalancing
- Risk management
- Monte Carlo simulations
- Expertise in Excel
- Client management
- Strategic thinking
- Problem solving
- Communication skills
Certification
- Passed CFP® examination. Certified Financial Planner™ certification pending.
Timeline
Senior Wealth Investment Advisor Associate
Wilmington Trust
06.2022 - Current
Client Services Intern
Financial Planning Associates, LLC
06.2021 - 08.2021
Finance and Marketing Intern
InTandem Bike
06.2021 - 08.2021
Human Resources Intern
Chester County Hospital
05.2019 - 08.2019
Bachelor of Science - Health Policy and Administration, Smeal Certificate of Business
The Pennsylvania State University