“And one day I was sitting at that table and the light bulb went on and I just said, you know, guys in the money business don't take care of their own money. It's the cobbler's children without shoes. And I found that as I finally just had the time to pick up the pile of papers… And I just sat there one day and the phrase that came into my head was feeling out of control about money. People in the money business don't take care of their own money. They feel out of control about money. Not that they don't have enough money, because especially that period in the late '90s and early '00s people on the street were really making a lot of money, but they knew they weren't taking care of things.”
Jeff Waters had several epiphanies that lead him to the niche practice of serving HNW and High earning Wall Street pros with a very specialized planning and investing challenge that was part and parcel of their professional lives – and dubbed it Human Capital. Don’t miss this informative and engaging half hour with one of the most specialized practices we’ve featured here on …For Advisors.
Jeff Waters founded OFC Financial Wealth Management in 2005 with the idea that busy professionals don't have time to keep track of their finances in an ever-changing financial landscape. Jeff's entire career has been in the financial services industry. And during his 17 years on Wall Street, he covered some of the top institutional investors as a research salesman at Solomon Brothers. He also managed day-to-day operations of the number one ranked equity research department.
Jeff has a BA in economics from Yale and an MBA from Stanford University Graduate School of Business. Jeff is chairman of the board of Let's Get Ready, a groundbreaking nonprofit organization that expands college access for low-income high school students. And he's a co-founder and board chairman of the United States Wrestling Foundation to raise funds and advanced interest of the sport. Jeff is a sought-after speaker who regularly teaches a broad range of personal finance topics to employees of major corporations, nonprofits, and governmental entities.