Some of the most important people in my life, that mean the most to me, are women. I have a wife, three sisters and three daughters. Growing up, my sisters and I were never educated in financial literacy. We knew nothing about saving, budgeting or investing. It wasn’t until later in life that I was fortunate enough to learn about these concepts.
Once my wife and I had our children, we wanted to make sure that, from a young age, our kids learned the basic financial principles that I never did. We especially wanted each of our daughters to have the information, education and the tools to take care of themselves financially no matter what the circumstances, because, in working in the investment business for over two decades, I’ve discovered that most women don’t receive a basic education in finance until it’s too late – which is to say, after they are widowed or get divorced and find themselves forced to deal with everything at the worst possible moment.
As my children got older, my wife and I wanted to spark their interest in investing and have them actively engage with one another to build their confidence in speaking about money, so we created a family investment contest. I established Roth IRAs for each child with enough money to invest as they saw fit. The objective of the contest was to produce the highest returns over the course of a year. The only rules were that each account needed to be diversified among at least on stock, one mutual fund and one ETF. The prize was a small deposit at the end of the year into the winner’s IRA. Our family’s investment contest was so successful in the first year, that we’ve continued it ever since. Not only has our family investment contest help create conversation around the markets, but it’s also helped teach our children about concepts like compounding growth, security selection and investment loss. I strive to help educate all of my clients about the power and importance of investing, as I still do with my daughters. Making sure that our girls have the confidence to make educated financial decisions is a must in our household, because, all too often in the wealth management industry, women are overlooked and mistreated. One of my goals, as a financial advisor, is to facilitate change in the finance world to make it a space where women feel powerful, knowledgeable and confident when talking about money.
My daughter Kelsey and I formed The Domoracki Private Client Group to deliver highly personalized advice and service to a limited number of clients. We specialize in financial advising for family offices, divorced women and children of wealthy families that want their own independent advice. We also advise women business owners, entrepreneurs and executives.
I am the branch manager of the Oppenheimer Boston office. Before Oppenheimer, I was an attorney with Fiorentini Law Offices and with Sheehan, Schiavoni, Mooradian & Jutras. I started my career in wealth management in 1998 as a financial advisor with Donaldson, Lufkin and Jenrette (DLJ). Over the past two decades, I have successfully managed and have been responsible for growing offices for several Wall Street firms, including Credit Suisse, Deutsche Bank and Barclays. My experience also includes five years as the CEO of two Boston-based family offices for billionaire families.
Kelsey Costantini is a financial advisor and associate director – investments with The Domoracki Private Client Group. Prior to joining Oppenheimer in 2021, Kelsey worked as a financial advisor for Merrill Lynch Wealth Management. Kelsey began her career as a financial advisor with Merrill Lynch in 2016 and spent four years working as the lead business manager and relationship manager for a +$500MM financial planning-based practice located in Princeton, New Jersey and Yardley, Pennsylvania. Kelsey attained her Bachelor of Arts degree in International Politics and Economics from Middlebury College. She has professional working proficiency in German and limited working proficiency in Spanish.
I partnered with Kelsey to form The Domoracki Private Client Group, because having a female business partner not only makes our business more relatable to female clients, but it also keeps me informed about what women in finance need and how we can best help them.
Together, our team takes a holistic view to create comprehensive financial plans, estate plans and investment portfolios using unique capital preservation strategies to preserve and grow our clients’ assets that will weather difficult market conditions.
THREE THINGS ABOUT ME
I am a founding member of the Turner Hill Golf Club
I love fitness, playing basketball, golf, and skiing.
I love to spend time with my wife and six kids.
Boston University School of Law (JD, Law), The Tuck School of Business at Dartmouth (MBA)
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