Joey Feste has played a pivotal role in the financial industry for the better part of the past three decades. Blending family and business, Joey Feste and Joey Feste Jr have helped to build KM Capital Management into a true force within the financial sector.
While Feste has helped his clients go above and beyond managing their finances to achieve their dreams, his own success story didn’t happen overnight.
Let’s take a closer look at Joey Feste’s journey as well as the tools, tips, and tricks of the trade that he acquired along the way.
Laying the Groundwork For a Career In Finance
If knowledge is power, Joey Feste set himself up for success by attending the University of Texas. It was during his time at UT that he pursued and graduated with his Bachelor of Arts in Economics, laying the groundwork for his later work.
It was during his time at the University of Texas that he found his focus and decided on where his next step would be: a position with Rotan Mosley as an Investment Advisor Representative. Feste has always been an advocate of getting to the point of getting the job done and ever since he took the position, Feste hasn’t looked back.
Feste would eventually depart from Rotan Mosley, long before they renamed themselves Paine Webber, to set up his shot at the Big Leagues. A jump to the city would lead to a position with Morgan Stanley, one of the leaders in the financial world.
Working with Morgan Stanley helped Feste to climb the ladder while building an incredible resume. All of this happened while he focused on expanding his learning opportunities.
A role with Morgan Stanley as an investment advisor would lead Joey Feste to work directly with professional athletes, helping them to build their wealth within the scope that his service allowed. It wasn’t too long before Feste felt shackled by the restrictions put in place by his business. He wanted to build more value for his clients and that meant branching out on his own.
Feste said of his work at the time in an interview with Ideamensch, ” They didn’t have the bandwidth to be able to do things like pay bills or negotiate contracts. That is when I made a decision.”
Building A Family Business In Finance
Individuals wade into the world of financial management to correct their debts, build their wealth, and work toward their dreams. While working with Morgan Stanley, Joey Feste felt like he was not able to offer the full slate of services that his clients deserved. To truly take their financial goals to the next level, he’d have to open his wealth management firm.
