In February 2021, Tracy Chan launched his investment firm in Pasadena, California. Tracy became an independent financial advisor with LPL Financial. He immediately found himself with 70 accounts. 30 individual and 40 retirement plan accounts were so impressed by the work he’d done for them and they were happy to follow him so they could continue to benefit from Tracy’s more than 20 years of investment and financial experience. Tracy specializes in wealth management for business owners, high-net-worth individuals and company-sponsored retirement plans.
Tracy started working in finance immediately after receiving his MBA from Indiana University, Kelley School of Business. He was an associate portfolio manager with Wells Capital Management where he worked for nine years. In 2009, he joined Wells Fargo Advisor as a financial advisor before moving to Morgan Stanley in 2014. Tracy took all the skills and knowledge he’d gained and became an independent financial advisor at LPL Financial with the mission to offer financial advice to anyone who asks. “I wanted to be able to serve everyone equally, regardless of the size of their bank account,” he says. “I am able to serve clients with portfolios of any size. In my view, everyone should have access to ask questions to a financial advisor, regardless of how much assets they have.”
Tracy credits his success in part to the work ethic instilled in him by his father, an estate attorney. To his father’s credit, Tracy learned to approach a problem from all perspectives to find the best possible solution, and he works diligently in pursuit of that solution. With larger and more complex portfolios, he takes the same analytical approach striving to make sure their goals for retirement, wealth transition, and trust and estate planning are all met down to the last detail. He works closely with each client because he understands that the choices made will not only affect them, but also the lives of their children and grandchildren. “It’s not the money that drives me to work until midnight on occasion. The self-satisfaction to work hard for the client to best serve them, this is what drives me. I want to do an exceptional job for everyone.” And for Tracy, it doesn’t even feel like work; he enjoys helping clients find new investment opportunities, and still, after all these years, he finds the whole process exciting.
Tracy and his wife, Mimi, celebrated their 25-year wedding anniversary in 2021. Their daughter, Amanda, attends the University of Pennsylvania and is looking forward to spending her junior year in an actual classroom in 2021-2022. In his spare time, Tracy enjoys playing golf, watching his favorite sports teams on TV, and cooking.