One of the lessons many of us learn from our parents and coaches growing up is to “never brag”. We are often admonished to be humble and give credit to others. To do so is considered a mark of good manners…and good character.
Recently, Jack Morrone, One Financial Services Principal and Co-founder, received two outstanding honors, the kind that would make not bragging a challenge for most people.
Jack was recognized by Forbes as a 2021 'Best-in-State' Wealth Advisor for Pennsylvania!* This is a tremendous achievement for Jack and OFS, especially, in addition, the week before Jack was named to LPL’s Executive Council for 2021.** This elite award is presented to less than 1% of LPL’s more than 17,000 financial advisors nationwide.
Reflecting on the journey that has brought him to this point, Jack Morrone recounts starting out with his Co-founder and partner, Mary Nothelfer. “Mary and I had a vision of always doing what is right, and believing good things will follow. Measuring our time and assessing the amount of monetary compensation that was worth our time was something we never did. That mindset was the antithesis of who we wanted to be. Taking the time necessary to do what is right has always been a guiding principle of One Financial Services.”
Before Mary retired five years ago, she had helped to lay a great foundation to build on and in those intervening years we have developed a tremendous team whose entire professional focus is the service of our clients. As a company and as a team we have grown in staffing, in clientele, and in the typical metrics assigned to our industry – Assets Under Management and Gross Commissions and Fees. And, although those industry measurements reflect tremendous success, those numbers have never been our focus.
Jack Morrone says that he may be the face of the honors that have recently been bestowed, but he knows it was all only possible because of the great team supporting him and their dedicated service on behalf of One Financial Services’ clients.
That sounds very much like another successful entrepreneur. Steve Jobs, Co-founder of Apple, liked to say, “Great things in business are never done by one person. They’re done by a team of people.”
*The Forbes Best-In-State Wealth Advisor ranking, developed by SHOOK Research, is based on in-person and telephone due diligence meetings and a ranking algorithm that includes: client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including: assets under management and revenue generated for their firms. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK Research receives a fee in exchange for rankings.
**LPL Financial Executive Council Achievement is based on annual production among LPL Advisors only.