Greg is Managing Partner of Scarborough Capital Management. They help investors of all ages and at any company through personalized, proactive management of their 401(k) account for a low monthly fee. They have successfully helped thousands of people coast-to-coast maximize their retirement accounts.

How did your career as a finance executive take off, and what do you attribute your success to most?

As a kid, I grew up manning a lemonade stand in my spare time, had a 200-customer newspaper route at age 11 and started investing in healthcare stocks at age 12. At age 19, during my sophomore year at Villanova University, I started as an intern at our investment firm. I began working as a financial advisor there upon graduation and was lucky enough to have my mentor ask me to serve as our firm’s COO at age 28. I later bought the firm in 2013 with a team of partners. I live and breathe personal finance.

How do you keep yourself motivated and driven by your work, regardless of how busy you are day to day?

I grew up the youngest of five in a military family. I’m now the father of three and an uncle to 28. Family has taught me a tremendous amount about commitment, persistence, aspiration — and dare I say, flexibility! We’re fortunate that the investment industry is dynamic and every day is a little different so it keeps us on our toes. It’s hard not to remain motivated. Little things (the ongoing grind) compounds into the big things and that’s what drives me. My No. 1 goal every day is to be a little bit better than the day before.

What do you see as the future of the financial world?

There’s been a lot of great fintech advancements over the past few years. In many ways, we’ve been such a complex, yet antiquated industry that hasn’t had some of the digital disruption that arguably should have happened sooner. Be it services that allow data to be aggregated from multiple different sources allowing for a better “big picture” analysis or software or “robo-advice” that can trade portfolios using algorithmic strategies, there’s increased choice for both advisors and clients.

Our firm has been an early adopter to a number of tools that have allowed us to enhance our client experience and also systematize best practices through portfolio trading and financial planning analytics. Let’s face it; we all learn in different ways and consume information in so many different ways. The more tools we have to allow clients to engage deeply with their future, the better the outcomes we think we’ll see for their future-self.

What is your best finance-related tip for businesses?

Save early, save often and do something today that your future-self will thank you for. Perhaps that’s more than one tip, but I see a lot of business owners get caught up in building their business and forget to set aside both time, money and learning opportunities for themselves. Your future health and wealth should be an integral part of your business plan!

LOCATION

Forbes Councils
745 Atlantic Avenue
Boston, MA 02110

LOCATION

Forbes Councils
745 Atlantic Avenue
Boston, MA 02110

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