From Filing Clerk to Finance Guru: A Journey in Wealth Management
Anna DerParseghian's career took an unexpected turn at just 20 years old. Starting as a filing clerk, a mentor's decision to send her to a firm in Westwood as an account manager changed everything. Today, she's a managing partner at PTD Business Management, a firm handling finances for some of the biggest names in music, film, TV, and sports.
A Personalized Approach to Wealth Management
PTD is renowned for its personalized approach to wealth management. DerParseghian believes each client's financial strategy should be as unique as they are. She begins with a thoughtful conversation to understand their current needs and future goals, which could range from setting up dynastic trusts to investing in real estate or life insurance policies.
Navigating the Evolving World of Finance
The finance world is constantly evolving, and DerParseghian is at the forefront. She's currently navigating the complexities of AI, helping clients protect their name, likeness, and voice in the digital age. She advises against putting all eggs in one basket, recommending a balanced portfolio that includes AI and tech, real estate, tax-free notes, bonds, and commodities.
Securing the Future for Clients and Their Families
DerParseghian's clients are not just concerned about their own financial future but also that of their children. They want to ensure their kids have enough money for education and a down payment on their first home. DerParseghian helps them set up foundations to alleviate some of these financial pressures.
Wise Spending and Economic Challenges
When it comes to spending, DerParseghian is straightforward. She asks clients to consider whether they need or want an item before making a purchase. This simple exercise often helps curb unnecessary spending.
The economic climate is a concern for many of DerParseghian's clients. With the rise of streaming services and the decline in live ticket sales, the entertainment industry is facing challenges. On a personal level, construction costs are soaring due to tariffs and natural disasters. In these uncertain times, DerParseghian and her team are helping clients stretch every dollar and make wise financial decisions.