Rachna Patel
Hicksville,NY
Summary
Motivated advisor with experience advising clients on investment strategies, retirement planning and financial planning. Strong background in understanding financial markets, financial products and risk management. Proven track record in helping clients meet financial goals through sound advice and effective portfolio management.
Overview
16
16
years of professional experience
1
1
Certification
Work History
Financial Professional
New York Life Insurance Co
01.2018 - Current
- Developed personal report with each client to maintain customer loyalty and establish long-term accounts.
- Met with clients to discuss assets, expenses, and long-term and short-term investment goals to devise personalized financial plans.
- Educated clients on various financial matters and provided professional recommendations on investment opportunities, products, and services based on each clients' individual needs.
- Developed comprehensive retirement planning strategies to help clients maximize retirement savings.
- Helped individuals and families build and execute wealth management strategies based on unique goals and objectives.
- Provided specialized financial planning support for clients with diverse portfolios and individual needs.
- Delivered strategic investment advice for individual and corporate clients.
- Helped clients make informed decisions about financial future.
- Advised clients on investments, retirement and estate planning.
- Monitored and updated financial plans to comply with client goals.
- Assisted clients with budgeting and cash flow management.
- Created financial models to analyze and evaluate investment strategies.
- Implemented exit strategies for clients to transition out of investments.
- Developed and maintained strong relationships with clients to maximize satisfaction.
Area Operations Manager
Peter J. Colletti
12.2013 - 10.2017
- Monitored and analyzed performance data, identifying areas of improvement and developing corrective action plans.
- Traveled to over 9 locations per week to manage each store and perform reviews of individual managers and employees.
- Enforced compliance with local, state and federal regulations and company standards.
- Developed processes to save on costs and prevent losses.
- Spearheaded operational procedures and processes to improve efficiency and optimize operations.
- Implemented business strategies, increasing revenue and effectively targeting new markets.
- Updated and resolved incidents and managed accessorial charges objectively while maximizing profit.
- Raised property accuracy and accountability by creating new automated tracking method.
- Tracked trends and suggested enhancements to both challenge and refine company's product offerings.
Retail Store Manager
Ash wireless Inc
02.2012 - 04.2014
- Exceeded sales goals and accomplished business objectives by inspiring staff and promoting target products.
- Optimized store displays and appearance via strategic merchandising.
- Managed inventory control, cash control, and store opening and closing procedures.
- Oversaw employee performance, corrected problems, and increased efficiency to maintain productivity targets.
- Managed inventory control processes to restore back stock, control costs, and maintain sales floor levels to meet customer needs.
Operations Manager
SS Enterprise
04.2007 - 02.2012
- Supervised operations staff and kept employees compliant with company policies and procedures.
- Developed systems and procedures to improve operational quality and team efficiency.
- Developed and maintained relationships with external vendors and suppliers.
- Analyzed and reported on key performance metrics to senior management.
- Identified and resolved unauthorized, unsafe, or ineffective practices.
- Increased profit by streamlining operations.
- Set, enforced, and optimized internal policies to maintain responsiveness to demands.
- Negotiated contracts with vendors and suppliers to obtain best pricing and terms.
- Trained and guided team members to maintain high productivity and performance metrics.
- Tracked trends and suggested enhancements to both challenge and refine company's product offerings.
- Supervised creation of exciting merchandise displays to catch attention of store customers.
Education
FSCP, RICP, CHFC
The American College of Financial Services
RemoteAccounting - Business Law, Tax Accounting
US Career of Institute of Accounting
New York, NY05.2018
Bachelor of Business - Accounting, Economics, Management, Entrepreneurshi
Stony Brook University
Stony Brook, NY06.2014
High School Diploma -
Walhalla High School
Walhalla, SC06.2005
Skills
- Financial Knowledge
- Financial Oversight
- Financial Services
- Financial and Estate Planning
- Professional Industry Communication
- Retirement Needs
- Skilled at interpersonal and organizing
- Prospective Client Engagement
- Leadership and motivating ability
- Proficient in Microsoft Word, Excel and PowerPoint
- FINRA Rules
- Investment Advising
- Stock Market Understanding
- Making Insurance Decisions
- Tax Law Expertise
- Managing Wealth
Affiliations
- Society of Human Resource Management
- American Medical Informatics Association
- Rotary International
Certification
- ChFC - Chartered Financial Consultant
- FSCP - Financial Services Certified Professionals
Languages
Hindi
Full Professional
Gujarati
Native or Bilingual
Punjabi
Full Professional
Timeline
Financial Professional
New York Life Insurance Co
01.2018 - Current
Area Operations Manager
Peter J. Colletti
12.2013 - 10.2017
Retail Store Manager
Ash wireless Inc
02.2012 - 04.2014
Operations Manager
SS Enterprise
04.2007 - 02.2012
FSCP, RICP, CHFC
The American College of Financial Services
Accounting - Business Law, Tax Accounting
US Career of Institute of Accounting
Bachelor of Business - Accounting, Economics, Management, Entrepreneurshi
Stony Brook University
High School Diploma -
Walhalla High School
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