Business & Finance

Montville’s Wachtel Receives Accolades from University, Publication

Credits: Courtesy of Harold F. Wachtel, Jr.

MONTVILLE, NJ – Montville resident and business-owner Harold F. Wachtel, Jr. was recognized by his alma mater Fairleigh Dickinson University as being a business leader. The University’s Silberman College of Business named Wachtel to its inaugural “50 Under 50” list, a compendium of business leaders under the age of 50.  Wachtel is a financial advisor with offices in Pine Brook.

Alumni were acknowledged at a gala at FDU’s Florham Campus on Oct. 1.

“With the designation of ‘50 Under 50,’ we not only recognize the noteworthy accomplishments of our top alumni, but acknowledge that FDU had a helping role in these achievements,” said Andrew Rosman, Dean of Silberman College.

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“I was surprised and pleased I got the phone call,” said Wachtel. “I loved attending FDU and came out prepared for business. The people at FDU said they researched their records of alumni to see who was doing the most, and I came up.”

Wachtel said he enjoyed the banquet that was held to honor the business leaders, as well as keynote speaker Thomas Timko, BS’91, chief accounting officer and corporate controller at General Motors, who spoke about the “ABCs of success.”

“Mr. Timko and I have kept in touch via email, and the banquet was a great networking opportunity. I’ve mentored FDU students and I wish they’d had the program when I was there,” Wachtel said.

Five Star Wealth Manager

Wachtel was also recently named a “Five Star Wealth Manager” for 2016 by New Jersey Monthly magazine. This marks the fourth time he has received the designation in five years.

New Jersey Monthly partnered with Five Star Professional to “find wealth managers who satisfy ten objective eligibility and evaluation criteria. Awardees have an average one-year client retention rate of more than 96% and five-year retention rates were also part of the consideration. Self-nominations were not accepted and honorees do not pay a fee to be named to the list. Wachtel was one of 626 awardees.

Answering Questions

Wachtel has been advising investors professionally since 2002, and he is a life-long Montville Township resident and president of Wachtel Capital Advisors.

“Ultimately, I help people decide what to do with their money,” Wachtel explained. “We are an independent company with no quotas to meet, no incentives to ‘sell’ something and no particular agenda to follow other than what our clients expect of us.  Our clients are our bosses and we do not take that lightly.  We always hold all of their best interests at heart and that is the basis to everything we do.

“Where I think we are different than most is that we don’t just help people with managing their money or helping them obtain insurance. People come to us every day to ask our opinion on a lot of varying topics outside of that realm. I probably get five to ten emails and calls per week from clients and non-clients to ask questions and ‘pick my brain’ on a lot of different topics.  I would never turn a question away, so I try to help.  If I can’t help or am not educated enough on a topic, I try my best to point them in the direction of someone who can. I honestly feel like that’s why our client retention rate is so high year after year.  We are always very accessible.”

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