Scott Finlay ‘76 is particularly adept at balancing varied interests, at bringing disparate ideas and talents together into one full and interesting life. This skill serves him well in his professional life as the Managing Director – Investments at The Finlay Group of Wells Fargo Advisors, LLC.
After graduating from The White Mountain School in 1976, Scott attended Hartwick College where he double majored in Business Management and Fine Arts. Scott says of his time in formal education, “I recognized that after spending a semester in Paris studying French Impressionism that my skills in art might not carry me through life in the way that I envisioned, so in a sudden burst of clarity I focused on business as a second major.” Spending the next 30 plus years in the financial services, Scott set himself apart as a financial advisor who listens to his clients, embraces their varied interests and goals and helps them sort through the increasingly complex world of wealth management. Scott’s relationship-based, client-focused approach to financial advising, coupled with his reputation as a qualified investment professional has led to numerous recognitions, including Best of Boston Financial Advisors in 2006* and Five Star Wealth Manager in 2012 – 2013**. Scott also serves on several Advisory boards within the Wells Fargo Advisors organization.
In typical White Mountain fashion, Scott expertly balances his successful and fulfilling professional life with an active personal and family life. He and his wife of 33 years, Martha, have two children, Heather and Alan, and live in Ipswich, MA and vacation in the Belgrade Lakes region of Maine. Scott and Martha have prioritized an active, outdoor and community service oriented life for themselves and their family. Scott is a Certified Member of the National Ski Patrol and his company is the lead sponsor of the annual Sugarloaf Charity Summit to benefit the Maine Cancer Society and the Martha B. Webber Breast Care Center of Maine. Because of his love of the outdoors and his interest in making the world a better place for future generations, Scott served on The White Mountain School Board of Trustees for 5 years, He also served on the Board of the Belgrade Lakes Association, one of the oldest lakes associations in the US and is a co-founder of the Maine Lakes Resource Center, an environmental resource center that seeks to raise the awareness of environmental issues and to “Make Conservation a Tradition”.
“Protecting the environment has always been a passion, and I find it easy to volunteer for organizations where this is a priority. There is no question that WMS shaped my outlook where this is concerned…and to think that I thought I was just going there to ski!
“While I work long hours and love what I do, I’ve always preached balance to my children. Work hard and play hard. Enjoy the journey, not just the final objective. Do what you love and you will live a full and happy life.
“Many of my best friends are WMS classmates. It was an amazing experience, so intimate and intense. For me it was a turning point, a time when I learned about myself and who I wanted to be, and I’m forever grateful to have had the opportunity to be surrounded by so many open-minded, intelligent faculty and an amazing and eclectic assortment of classmates each of whom brought something different to the community.”
*Criteria were based on quantitative and qualitative criteria as well as by examining regulatory records and talking with peers, supervisors, clients and the advisors themselves. Portfolio performance is not a criterion because most advisors do not have audited track records.
**(2012)(2013)Survey conducted by Five Star Professional, an independent third-party research firm, who received 2,362 nominations among all wealth managers in the Boston area from peers or firms and evaluated the nominees based on 10 objective criteria. The nominees must be credentialed as an investment adviser representative, a FINRA registered representative, a CPA or a licensed attorney; be actively employed as a credentialed professional in the financial services industry for a minimum of five years,; have a favorable regulatory and complaint history, fulfilled firm review based on internal firm standards and currently accepting new clients. Also considered were one-year and five-year client retention rates; non-institutional discretionary and or non-discretionary clients assets administered; number of clients household serviced and education/professional designations. To qualify as having a favorable regulatory and complaint history, the nominee cannot have (1) been subject to a regulatory action that resulted in a license being suspended or revoked or a payment of a fine, (2) had more than a total of three customer complaints filed against them (settled or pending) with any regulatory authority or Five Star Professional’s consumer complaint process, (3) individually contributed to a financial settlement of a customer compliant filed with a regulatory authority, (4) filed for bankruptcy, or (5) been convicted of a felony. 713 were named 2013 Five Star Wealth Managers which represents less than 7% of the total wealth managers in the area. The award does not evaluate the quality of services provided to clients. Recipients may have had unfavorable ratings. The Five Star award is not indicative of the wealth manager’s future investment performance. Recipients did not pay a fee to participate for this award but may have paid a fee to purchase proprietary material from Five Star. For more information: See http://www.fivestarprofessional.com/awards/wealth_manager_program.php.