Advisor Joseph R. Biondo Sr. just recently celebrated 60 years in the financial services industry, but his path to success was not a linear one. In his 83 years, he has experienced his fair share of struggles—both personally and professionally.
In fact, his life began with tragedy. Just three weeks before he was born, his father passed away, leaving his mother a widow with two young boys at age 30 in Canarsie, Brooklyn. His family ended up on welfare, struggling to make ends meet, so he would help out any way he could, working odd jobs with his uncle.
Eventually he and his family got out of Brooklyn, and through his own persistence he landed a job as a broker.
But tragedy would strike him again, when his wife Inga died in an automobile accident in 1979, leaving him with four kids to raise on his own.
In this episode, WealthManagement.com Managing Editor Diana Britton is joined by Joseph Biondo Sr., founder of Biondo Investment Advisors, who shares his wisdom and life lessons that came out of his experiences.
- What life was like growing up in Canarsie, Brooklyn
- The biggest lessons he learned from his mother
- Why and how he entered the financial services industry
- How the industry has changed
- How he overcame the tragedies and struggles throughout his life
- How contributing back to the community has helped him lead a more fulfilling life
- How his experiences helped him take care of clients better from an emotional and personal perspective
- His advice for young brokers just starting out
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About Our Guest:
Joe Biondo believes there is no greater joy than to help people make money, to change their lives and to alter the future for their families. His own life experiences reinforce the idea that anyone, regardless of upbringing or resources, can make something of themselves and prosper in our great country. As a child growing up in hardship, his family left Brooklyn, NY, when he was a teenager and moved to a very small town in Northeast Pennsylvania. Helping his mother to make ends meet, Joe would commute back to Brooklyn on a daily basis to sand floors for his Uncle. Fascinated by Wall Street, he bought his first stock at the age of sixteen and, eventually, walked back into that same brokerage office six years later and offered to work for free if they would teach him the business. Thankfully, they did and thus began his journey in the financial world.
If you have a struggle and wish to share your experiences and help others in similar situations, please reach out to Diana at firstname.lastname@example.org.
The Healthy Advisor podcast is available on Apple Podcasts, Android, Stitcher, Spotify and wherever podcasts are found.
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