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Louis P. Stanasolovich, CFP? is founder, CEO and President of Legend Financial Advisors, Inc.?Lou is also the editor of Risk-Controlled Investing, a subscriptionservice for financial advisors which includes a monthlynewsletter which guides financial advisors on how to buildinvestment portf
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2. Louis P. Stanasolovich, CFP? is founder, CEO and
President of Legend Financial Advisors, Inc.?
Lou is also the editor of Risk-Controlled Investing, a subscription
service for financial advisors which includes a monthly
newsletter which guides financial advisors on how to build
investment portfolios with lower risk, weekly reports on ETFs, ETNs,
Closed-End Funds, Master Limited Partnerships, and Preferred Stocks,
audio recordings and monthly conference calls.
He is one of only four advisors nationwide to be
selected twelve consecutive times by Worth magazine
as one of “The Top Wealth Advisors” in the country.
Lou has also been selected five times by Medical Economics
magazine as one of “The 150 Best Financial Advisors for Doctors
in America”.
He has twice been named one of “The 100 Great Financial Planners in America” by Mutual Funds magazine.
Lou has been named three times to Investment Advisor magazine’s “IA 25” list, ranking the 25 most influential people in and around the financial advisory profession.
Lou was profiled in Financial Planning magazine as one of the country’s “Movers & Shakers” recognizing the top individuals who have done the most to advance the financial advisory profession.
Lou has previously been named by Barron’s as one of “The Top 100 Independent Financial Advisors”.
He has also previously been named by Fortune Small Business magazine as one of “America’s Best Bosses”.
Lou was also selected by Smart Business Pittsburgh as a 2008 and 2009 Pacesetter, an award that recognizes outstanding and innovative business and community leaders who have made a significant impact on the region and its future.
In 2009, Lou was selected as a nominee for the Ernst and Young “Entrepreneur of the Year” award for the upstate New York, Western Pennsylvania, and West Virginia region.
3. MONEYBALLBy: Michael Lewis A story about Billy Beane and
The Oakland Athletics
4. WINNING BASEBALL TEAM
5. LOSING BASEBALL TEAM
6. BILLY BEANE’S METHODOLOGY Statistically Measure Each Player
Hire Only Those That Are Statistically Superior
Find The Best Player For The Least Money
Build-Up Your Minor League Farm System (Almost All College Players)
Find Veterans Who Have Produced But May Be Viewed As Flawed (Too Slow, Below Average Fielders But Have Great On Base Percentage)
Let Go Of Players Who Are Going To Receive Big Contracts
7. OAKLAND ATHLETICS RESULTS 1999 to 2005 (7 Seasons) 2nd Most Wins In The AL
1999 to 2005 - Bottom Third of Payrolls Every Year
1999 to 2005 - Lowest Payroll Cost/Win Of Any Team
9. BRAD AND GEOFF SMART’S METHODOLOGY Fill Every Position In Your Organization With An “A” Player (No Exceptions)
“A” Players Are The Top 10% Of Talent At A Given Salary
Average Cost Of Mis-hiring Is 15 Times Base Salary
10. Evaluate Talent
Conduct A Talent Review of Everyone
Create Scorecards (Quantifiable Numbers For Each Primary Duty)
Build A Virtual Bench Of Talent
Conduct Interviews – Achieve A 90% Success Rate (25% Is Standard)
Screening Interviews
Topgrading Interviews
Reference Check Interviews
11.
Redeploy Talent
Within Firm Where “A” Status Can Be Achieved
Outside The Organization
Keep “A” and Potential “A” Players By Coaching
Keep Them Close – Constantly Woo Them
Don’t Waste Time In Low Payoff Attempt To Salvage B’s &C’s With No Upside
A’s Have Big Appetite For Improvement – Help Them Identify & Fix Weaknesses
Spend 10% Of Time Coaching
12. INTERNSHIPSAT LEGEND FINANCIAL ADVISORS, INC.®
26. FINANCE INTERNS: Prepare Performance Reports And Meeting Preparation For Clients Via PortfolioCenter
Build Cost Basis Of Securities
Run Stock Screens In Bloomberg Professional And Zacks Elite
Obtain Company Research From Bloomberg Professional, Zacks Elite, First Call, Ford Investor Value, Morningstar, Standard and Poor’s, Reuters ProVestor Plus, Company Watch (H Scores)
Run Morningstar Analysis On Mutual Funds, ETFs and ETNs
Set-up Conference Calls With Portfolio Manager And Compile Research Information On Funds
Execute Securities Trades Through i-Rebal And Run i-Rebal (Some Interns)
Crosscheck Investment Confirms
Assist In The Coordination Process Of Billing And Reporting
Build Balance Sheet, Cash Flow, Projections and Survivor Projections In Excel
Analyze Insurance Policies – Property/Casualty, Disability, Life, Health, and Long-Term Care (Some Interns)
Prepare Income Tax Projections In BNA (Some Interns)
Prepare College Funding Analysis, Retirement Analysis, Estate Tax Analysis In Money
Tree Suite Of Software Products (Some Interns)
27. MARKETING INTERNS: Become proficient in the use of our Customer Relationship Management database program to retrieve key information, facilitate client mailings, and to manage various prospective client lists.
Facilitate Social Media/Networking Web site activities and promotions using LinkedIn, Facebook, Twitter, etc.
Assist with the ongoing enhancements to our Web site including the coordination of posting audio/video files.
Assist with the ongoing development of our Internet and Search Marketing initiatives.
Work to build our media contacts database to enhance our public relations efforts.
Contact reporters and editors to arrange media interviews for our financial advisory team.
Create E-mail announcements to promote advisor appearances on TV and radio.
Write and deliver press releases and story pitches for the media.
Assist in the creating, editing and proofreading of articles, letters, E-mails, and speech presentations.
Prepare and assist with delivery of our Financial Planning and Investing E-mail newsletters.
Assist with writing, proofreading, and delivering our Monthly Client Letter.
Assist with the coordinating of our direct mail campaigns.
Research potential new marketing services.
Update various prospective client and new client lists and charts to track referral
sources and new revenue.
Assist in the building of a marketing database of potential high net worth clients.
Help in the development and preparation of marketing letters and materials for
prospective clients.
Aid in the maintenance of our marketing materials.
28. BUSINESS ADMINISTRATION/HUMAN RESOURCES INTERNS:
Assist with the completion of personnel forms for newly-hired employees
Provide assistance with employee benefit administration
Assist with the recording and tracking of all employee training time
Help prepare recruiting information and job fair support materials
Help maintain employee records and files
Assist with coordinating intern schedules
Support our project manager on various compliance and regulatory assignements
Support in accounting areas which may include: financial reporting, payroll, accounts receivable, and accounts payable
Provide support to CEO on various projects
Perform any other duties assigned by employer
29. INFORMATION TECHNOLOGY INTERNS: Hardware support
Archiving-E-mail, Maintain Spam Server Blacklist
General hardware maintenance such as defragging computers, monitoring disk space, running Spyware
General Help Desk duties
Research software/hardware
General Database and Programming work on occasion
Assist in implementation and training of new software and Hardware
Coordinate training material through means of technology, i.e. TextAloud, Camtasia, Voiceshot, and Conference Call Recordings
Perform any other duties assigned by employer
31. CONTACT INFORMATION Legend Financial Advisors, Inc.®
5700 Corporate Drive, Suite 350
Pittsburgh, PA 15237-5829
Phone – Toll Free: (888) 236-5960
Fax: (412) 635-9213
Web Site: www.legend-financial.com
E-mail: legend@legend-financial.com