Tricia Welsh, CFP®
by Compass Blogger- Susan Scheide
I have never wanted to be one of those women who “have it all,” meaning both a family and a career. It seems too complicated and difficult to me. But I have the privilege of working with one of those women, Tricia Welsh.
Tricia, like Compass partner John Ahern and me, has a military family background. Her father was a pilot in the Air Force. She was born in Bitburg, Germany when her father was stationed there. He was a member of the 22nd Fighter Squadron; a unit whose members included Buzz Aldrin and Ed White of NASA fame.
Tricia moved often as a child – leaving Germany for Manhattan Beach, California, when she was two, then off Dayton, Ohio at the age of seven. Her family finally settled in the Washington D.C. area where they stayed through her high school years. Tricia’s father did a stint at the Pentagon, was a fighter pilot in Vietnam, and moved a few more times, finally ending up at NATO in Naples, Italy. When he retired, he did so as a full-bird Colonel. During this time, Tricia’s Mom earned a PhD in American History from the University of Maryland. What a busy life this family must had led, with lots of exposure to different cultures and I’m sure a lot of good stories!
No doubt it was the influence of her father’s career as a pilot that got Tricia interested in flying. She has had a pilot’s license for many years now and one of her best flying experiences was when she finally got to take her Dad up in a plane a few years before he passed away. “He didn’t seem nervous at all, which was pretty amazing since once I was flying to meet him in New Jersey, and got lost and never made it. I quickly got my instrument license after that flight,” Tricia told me.
|Tricia and her father, ready to take flight
Tricia spent much of her financial career in New York City. Her work experience there including working at two well known business magazines – Forbes and Fortune – and in between those two jobs, working on Wall Street as a trader in the securities industry.
Tricia received her Certificate in Financial Planning from Boston University and passed the Certified Financial Planner exam in March 2004. She also holds an MBA in Finance from New York University’s Stern School of Business and a Bachelors of Fine Arts degree from Pratt Institute in Brooklyn, N.Y.
Here is how Tricia summed up her early career:
“I was working at Forbes Magazine in sales promotion – second job out of college and got my MBA at night during that time. When I graduated I started working in one of the money center bank professional development training programs – that was a 9 month stint and when training ended I got a job on the securities side where I was involved in both institutional sales and trading. Eventually I was put in charge of the Fed Funds Desk at Irving Trust where we bought and sold overnight money in the billions every day – it was the most exciting (though stressful) job ever! After the Wall Street gig I worked at Fortune Magazine as a reporter specializing in the financial markets. For seven years I worked with the most amazing and brilliant group of people. I moved to Boston in 1997,gave birth to my third child and took a few years to think about what I wanted to do next. Since I had always been interested in personal finance from my days at Fortune, I decided to get my CFP, and here I am at Compass in a career that is unbelievably interesting and fulfilling.”
Tricia shared an article she wrote on her early days with me, and said I could share it with you. Training, money, and courage can turn a passenger into a pilot.
Tricia lives in Hingham now. She has three children; Patrick, Julia, and Claire. Both Patrick and Julia are at the University of Vermont, and Claire is still at home with Tricia, three orange cats who are brothers and two turtles.
“Our favorite time together is probably skiing”, Tricia told me. Her children all started when they were 3 years old, and they have enjoyed many family trips out west where the mountains are MUCH bigger. They also ski regularly in Vermont where they have a condo, conveniently close to the college her children attend. Tricia and her longtime boyfriend Andy are heading out to British Columbia in a few weeks for their first helicopter skiing experience.
|Tricia having fun
|I know that all of Tricia’s children are musical – Patrick played the trumpet in the jazz band throughout high school, Julia still plays the violin and oboe in University of Vermont’s orchestra and band, and Claire is a budding singer/songwriter with many of her songs on iTunes. So I asked her about how music played such a big part of their family life, and here is what Tricia, proud mom, had to say:
“We always thought music was important. I played the piano growing up, and their Dad still plays it. We had Patrick take piano lessons in kindergarten when we moved here, but I think it really started with the Hingham Before School Strings Program – starting in third grade children can elect to play a string instrument and each of my children did that – Claire and Patrick played the cello and Julia always played the violin. In fifth grade band starts in school and so Patrick switched to the trumpet. The band and orchestra teachers in Hingham are absolutely amazing – they really inspire the kids. Claire started piano lessons and singing in fifth grade and sometime in middle school stopped the cello and concentrated on being a singer/songwriter. I am lucky to have so many great and different kinds of music in my house.”
|Tricia and her children
Tricia is friendly, funny, and very smart. She has an incredible sense of style, and even on casual Friday manages to look chic and pulled together. It’s hard not to like a woman who laughs when we sometimes refer to her as “Corporate Barbie.” She’s also a talented writer, and never fails to offer me useful editing advice when I go to her to proofread something.
I consider Tricia’s investment advisor style very approachable. In addition to providing financial planning and investment management for individuals and families, she has an expertise in providing services to people going through life changes, like divorce and death. She is thorough and easy to understand, and doesn’t use excessive jargon. I needed to help my recently widowed mother understand her financial situation, and Tricia was extremely helpful to both me and Mom.
As the only female advisor at Compass Capital Corporation, I joked that this blog entry had to represent all womankind. What a powerful example Tricia is from my point of view. A mother, a sister, a friend, an athlete, a pilot, and a Certified Financial Planner!
It’s great to have a woman advisor in the office, and I really enjoyed learning a lot of new things about her while working on this piece.
Thank you to Colonel Al Bryniarski for your service to our country, and thank you Tricia, for sharing a bit of your personal story with me.