Russ Blahetka

CFP®
Personal Finance, Investing, Lifestage Based Planning
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“Russ Blahetka, founder and Managing Director of Vestnomics Wealth Management, is committed to providing his clients with personal financial planning, investment management, and other wealth management services on a fee-only basis.”
Firm:

Vestnomics Wealth Management, LLC

Job Title:

Managing Director

Biography:

Russ Blahetka, CFP® is the founder and Managing Director of Vestnomics Wealth Management, an independent, fee-only, Registered Investment Advisory firm serving individuals, families, and self employed individuals. He founded Vestnomics on the simple concept that everyone has the right to achieve their financial goals. Prior to this, he was a Financial Advisor and District manager at Waddell & Reed.

At Vestnomics the focus is on the human side of finance. Together, Russ and his team cut through the jargon and media noise and focus on the personal, human aspect of their client's finances. Vestnomics is a personal, economic advisor. The fee structure for the firm is transparent and reasonable. They offer hourly or flat fee for financial planning and also offer assets under management based fees. Russ' clients receive regular communications on their portfolio's performance as well as timely updates of market conditions. All advisors at Vestnomics are bound by the CFP® Board's code of ethics. This means Russ and his team are bound by the "best interest" standard, not the less strict "suitability" standard.

In addition to helping clients towards their goals, Russ teaches "Investments in Personal Financial Planning" at the UC Santa Cruz Extension. Additionally, he teaches "Financial Statement Analysis" in the extension's CPA and Business Administration program. Outside of his professional endeavors, he can be found taking lessons in an Evektor Sports Star working towards his Sport Pilot License. Furthermore, he serves on the board for Title IX Media, an organization which promotes gender equality in sports, and the Academy of Finance at Independence High School.

Education:

DBA, International Business, Argosy University
MBA, Global Business, San Jose State University

Assets Under Management:

$14 million

Fee Structure:

Fee-Only

CRD Number:

4547259

Disclaimer:

Information contained in this posting is informational and educational in nature. Do NOT take information provided here as legal, tax, or investment advice pertinent to your specific situation. Any information posted here is not a solicitation of any type, nor does it constitute an opinion on the appropriateness of any investment either in general or specific to the reader's situation. Do NOT act on any information or answer without obtaining legal, tax, and/or investment advice  specific to your situation from an appropriately licensed professional.   

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    Banking, Career / Compensation
What are some ideal positions in banking?
67% of people found this answer helpful

Hello,

You are right, "working in banking" is a very vague way of describing a career. There are many different banking careers you could consider, from being a teller to running a branch. However, there is also investment banking, agri-business banking, etc. You could go into lending, securities, personal banking, commercial banking fraud, and more.

Start by looking at what you enjoy most. Are you an analytical type person? Do you like to ferret out mysteries? Are you more of a relationship person? Do you thrive on personal interactions? This will help guide you to an area of the banking spectrum that may hold interest for you. Once you have some idea of your own personal style (and if you aren't sure, ask some of the people around you- they can provide some feedback- some may be brutally honest), you can start looking at descriptions of what some of these careers may be like. The internet has a lot of information available. You can try JobMonkey, Chron, or BankingCareers to name a few.

Once you have an idea of a direction or two, the next place would be to try and score some informational interviews. In this case, you aren't looking to land a position (though it may be possible), but to gain more information as to what the realities of a particular position may be. This is where your personal network may be helpful. You may be saying, "I don't know any bankers!" True, but someone may know someone in a bank in their network who may know someone in a position in which you have an interest. It may cost you a cup of coffee or a Big Mac and Fries, but the more you spread your net, the better opportunity you have of landing a position you would like. Make sure you have a resume available in case you are asked for one. Also, send a thank you NOTE (or CARD), not an email. Yes, you paid for the coffee, but they helped you. They may not be slighted if you don't send a card or a note, but they will remember you longer if you send something tangible. A note is something that will not be easily deleted or end up in a spam folder. 

Then, once you are sure of a position, polish the resume to better meet what the employer is seeking and go for it. Let your network know what you are in search mode.

One last thing, do not make the mistake of thinking your first position will determine your career path for eternity. It won't. It will determine what skills you will learn that can be applied if you ever decide to make a career change or change to another specialty in your career field. 

Good luck!

Russ

January 2017
    Debt, IRAs
Should we use our IRA funds or home equity loan towards our debt?
67% of people found this answer helpful
September 2017
    Debt, Retirement Savings, Insurance
Did I make a mistake by choosing to invest in Whole Life insurance?
67% of people found this answer helpful
April 2017
    Financial Planning, Retirement, Investing
Should I continue to invest in the long-term market?
62% of people found this answer helpful
September 2016
    Personal Finance, Investing
What is the best way to invest the extra money I was using for my loans?
60% of people found this answer helpful
August 2016