NCAA March Madness star finds second career at GeoWealth – Natural Self Esteem

Luke Harangody’s No. 44 jersey may be hanging in the rafters of Notre Dame’s Purcell Pavilion, but he carries it like it’s still draped over his broad shoulders as he talks about finding confidence in his second career GeoWealth conference room in downtown Chicago.

When asked about the transition from college and pro basketball star to fast-rising rookie at Midwest TAMP, the 6-foot-8 alumni Fighting Irish Forward takes a deep breath and leans back as he collects his thoughts.

That exhalation is followed by a cadence of movements and mannerisms resembling a humble athlete reciting a highlight-reel performance during a post-game scrum before a room full of reporters. Typing with his fingers on a conference table – he represents a podium surrounded by microphones – is coupled with statements about how he finds his game, trusts the process and is driven by the competitive spirit that reigns in the financial services world.

“I don’t think anything will ever fulfill me like athletics … but I think the great thing about working here at GeoWealth is that we’re still a fairly new company, so there are still certain roles to fill,” Harangody said financial planning. “And let’s be honest. There’s a goal on your back when you’re someone who comes into the world of finance with no experience. But I think last year I proved myself. I settled into it and kept my head down. It’s a humbling experience.”

But wherever a star player is too humble to blow his own horn, somewhere nearby is a proud coach willing and ready to show off. The role of trainer for Harangody at GeoWealth is Company President and Fellow Fighting Irish Hoops alum Colin Falls.

The two men shared the farm together in a previous life. Falls was a senior team leader and Notre Dame’s most prolific three-pointer in history when Harangody came to South Bend, Indiana, as a freshman for the 2006-2007 season.

If he lets him tell, he sees big things in his second teammate’s future off the court, just as he did years ago when he first saw him on the hardwood.

“When I introduced Luke to the team about a year ago, I withdrew from the interview process, so the real question was our chief operating officer. Will he really believe that? Will he buy into a guy who’s made millions of dollars to start an entry-level job? said cases. “But it was obvious that Luke was someone willing to work.

“He’s the first in the office. He’s a grinder. He absorbs information. He won’t say it because he’s humble, but his track record at GeoWealth is very high.”

And with the same quiet confidence that marked his run as a three-time All-American for Notre Dame, Harangody nodded and bowed his head while allowing a small grin as Falls spoke. His body language expressed both uneasiness at the high praise and eagerness to get up from the table to keep earning it.

“There were humbling times. But now I’ve been here almost a year and I’m getting more confident,” said Harangody. “And I think that someone with my background and my work ethic … it’s dangerous when I get confidence and an understanding of the industry. It’s fun at the same time.”

life after basketball
As the annual NCAA tournament begins, Harangody’s March Madness is now limited to office pools and bracket talks with his peers.

It’s a role the tournament mainstay didn’t know he’d play after his basketball career ended in his early 30s, but one that gave him the jolt he needed after retirement brought to his everyday life to a standstill.

After graduating from Notre Dame in 2010, becoming the first ever Fighting Irish player to be inducted into the Purcell Pavilion ring of honorHarangody played in the NBA from 2010 to 2012 before playing in the EuroLeague from 2014 until his retirement in 2020.

“I told my wife before I retired how excited I was to have some time away from all the stress of being at Notre Dame and playing professionally. And I was unhappy,” Harangody said, laughing. “You can only play golf so many times.”

While Harangody struggled to settle into his much slower daily routine, he still kept in touch with his former teammate and mentor Falls. About six months after declaring that he was retiring from the game he loved, Harangody considered the possibility of attending a new game after a friendly chat between teammates.

“At this point I am 33 years old and have stopped playing, but I have no real-world experience or professional skills. I have the soft skills and the work ethic, but I don’t have anything in the experience column,” Harangody said. “Colin brought up the idea of ​​possibly starting a career at GeoWealth, but I’ve never really thought about it because up until that point our relationship had been 100% social.”

Over time
Still unsure if this was the right move for him and how it would fit into an “office atmosphere,” Harangody met with other members of the GeoWealth family, including many former fellow athletes who had found success making the transition from PPG to AUM.

In addition to Harangody and Falls, GeoWealth has a roster that includes two other NCAA men’s basketball players; Notre Dame tennis players for men and women; an NCAA track and field athlete; and the former captain of the Providence College women’s ice hockey team. The company will be highlighting these employees on social media throughout the month of March.

With so many athletes under one roof, Falls said, the sport has become a big part of the company culture. But the arrival of these competitive personalities came organically as GeoWealth grew into the 75-person company it is today.

“I wouldn’t say we targeted athletes, but I think when you start filling roles and comparing resumes and interview candidates, something stands out,” Falls said. “I think that with our career paths and our history comes reliability. For example, if you can play hockey at Providence for four years, you understand that that probably comes with some very good qualities, like teamwork, selflessness, tenacity, a willingness to put up a fight, and being part of a team. And I think that radiates throughout the company culture.”

GeoWealth’s head coach also has big goals for his team. The company is primarily a software company, building a tech stack for RIAs in-house rather than integrating with third parties.

Since its inception in 2018, the JP Morgan Asset Management-backed firm has grown to more than $18 billion in platform assets and $8 billion in assets under management. Falls said those numbers are four to five times better than about three years ago and the plan is to maintain that momentum.

in November 2021, GeoWealth closed a $19 million Series B funding round managed by Kayne Partners Fund, the private equity division of Kayne Anderson Capital Advisors.

“We did our Series B round to basically accelerate all over the place… and speaking of the TAMP space exploding, I think we’re still in the early innings of that in terms of growth,” said Falls. “If you look at the competitive landscape, we think there’s a large number of incumbents, and there really haven’t been a lot of companies that have had to carve out to really challenge those incumbents. I think we’ve capitalized on the products we’ve developed with the team and focused on the right things. We have another decade of growth ahead of us, so it’s a really exciting time.”

To the extent that he fits into this growth, Harangody puts the well-being of the team first while making it clear that he also has personal goals for himself.

“I think at first it was like drinking out of a fire hose for a while. But it’s fun. We’re growing at such a fast pace and there’s potential here to grow and really find your niche within the company,” he said with another tap of the conference table. “I’ve shown people that I belong here and I see that athlete’s moniker going away and that’s a goal for me. I tell people all the time that my career as a player is going to be such a small part of my life. What I do after that will be very important.”

Falls, the proud coach, once again throws his support behind his promising rookie.

“It’s difficult for people with such a successful career to change and be just as successful in the next phase of life,” Falls said. “I’d bet Luke does.”

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