January 20, 2025 • 25 mins
Have you ever wondered how a chance encounter at a Christmas party could change the course of your career? Or how a former dressmaker from New York found his calling in financial advising amidst a market crash? In this episode of Carlsbad: People, Purpose, and Impact, I had the pleasure of chatting with Andrew Lippman, who shares his fascinating journey from the bustling streets of New York to the welcoming embrace of Carlsbad.
Andrew's story is one of remarkable adaptability and resilience. He talks about transitioning from the declining garment industry to finance, all while highlighting the importance of building long-term relationships with clients. His commitment to community extends beyond his professional life; you'll hear about his involvement with Kids For Peace and his passion for competitive pickleball, which he uses as a platform for charity.
Join us as Andrew opens up about his love for the performing arts, his culinary talents, and how he continues to nurture connections across state lines. Whether you're interested in finance, community engagement, or simply love a good story of personal growth, this episode is for you! Connect with Andrew through his website and LinkedIn for more insights and stories.
Andrew Lippman's Bio:
I am very happy and proud to say I am now a Carlsbad resident for almost 14 months. I grew up in Queens, NYC and lived most of my prior adult life on Long Island. After graduating college I worked in NY's Garment Center. Where I bought dresses for a Midwest Department store chain before becoming a Dress Manufacturer. In 1986 I went back to school at night to take finance courses at NYU. I passed my Series 7 Brokers license exam in August 1987. In October of 1987 the Stock Market crashed. Suddenly I realized I needed to pivot to a more Holistic approach for Financial Advice. I got my Life Insurance License and embarked on a 37 year journey of Financial Education which has helped me deliver quality cutting edge advice to my clients as an independent highly credentialed financial adviser.
Andrew Lippman, CFP®, AIF®, ChFC®, CLTC®, CFS®, CSSCS
Certified Financial Planner® Chartered Financial Consultant® Accredited Investment Fiduciary® Certified in Long Term Care® Certified Fund Specialist®
Certified in Social Security Claiming Strategies
As an Accredited Fiduciary with 37 years of experience, I specialize in using advanced award-winning Financial Software to assist in designing a truly personalized financial plan. I enjoy helping people and my work gives me much satisfaction. I do Pro Bono work often and offer advice when and where it can be of benefit. I am single with no children of my own and I'm an avid tournament tough pickle-ball player. I am also a Serious Foodie and love and support live theater.
Connect with Andrew:
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-Website: InWealth.com
-Email: Andrew@InWealth.com
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Intro (00:02):
Carlsbad, people, purpose, and impact, an
essential podcast for those wholive, work, visit, and play in
Carlsbad.
Brett (00:14):
Good morning and welcome everyone. My name is Brett
Schanzenbach. I am the presidentand CEO of the Carlsbad Chamber
of Commerce. I'm your hosttoday, and I'm very excited to
have with me Andrew Lipman.Andrew is a financial solutions
adviser within WealthManagement.
Good morning, Andrew. Morning,Brett. Good to see you today.
Pleasure to be here. Thank you.
(00:35):
Yeah. Great to have you. So weonly met, like, what? It's been
less than a year. Right?
Andrew Lippman (00:41):
Absolutely. Yeah. It was a it was a just
wandered in here, and Yeah. Youcame right up to me at the door,
and it's been, fast paced eversince. It was a
Brett (00:51):
great experience from the get go. You, are a very recent
transplant from New York. Sotell us your your backstory and
and, ultimately, what led you tokinda come west, young man?
Andrew Lippman (01:07):
Well, I had ended a long term relationship
and, I only wanted to move onemore time and I've been wanting
to come to California for a verylong time. And, I had the
opportunity to stay in Oceansideat an Airbnb. And while I was
here, I went all around. I wentto La Jolla all the way back to
(01:28):
Oceanside and I tooled aroundand I came back another time and
then a time after that, and thenI found the place that I'm
currently living in in in,Aviara and it's the best move I
ever made. I love where I am.
I love the community. I love thechamber, and just being here is
just a fantastic experience.
Brett (01:46):
Very nice. Very nice. And so you are a financial adviser.
So tell us a little bit aboutthat. What got you into
financial advising roleinitially, and have you always
been, or did you have some othercareer things along the way?
Andrew Lippman (02:02):
Well, I used to be a dressmaker in the garment
center.
Brett (02:05):
That's right. I remember that now. So, that was
Andrew Lippman (02:08):
a business that was going, downhill. Everything
was going overseas. So I saw thehandwriting on the wall And at
the time, I was dating a womanwho was a Merrill Lynch general
manager secretary. And I wasinvited to their, Christmas
party and I was introduced tohim and he started to speak to
(02:29):
me and ask me some questions.And, he said, you're selling
dresses all over the country.
I said, if you can do thatwithout, you know, sight unseen,
then you could definitely becomea stock broker. Mhmm. So it was
seemed interesting to me, but I,you know, I had a good job and I
was I was uncertain of thefuture and I really didn't know
anything about it. So, I went tostarted going back to school at
(02:53):
night, at NYU. I was singingfinance courses and there was an
instructor there that just gotmy juices flowing.
More than any teacher that I hadever had. It threw all my
college and experience and itjust it just steamrolled from
there and, I ended up, you know,getting my license and going
forward. Unfortunately, when Igot my license, it was 2 months
(03:16):
before the market crashed in1987. Oh, wow. So I was like,
oh, well, who's going to wantYeah.
You know, a a raw recruit, so tospeak, when they needed to get
back into the market or dowhatever they did. So I just
continued to go to school, andI, you know, worked and, you
know, developed the client base.But it was it was rough at the
beginning. And, but, you know,I've been going to school ever
(03:38):
since, and I'm still in schoolnow. I constantly take courses
and things like that just tostay on top of everything.
Brett (03:44):
Oh, that's amazing. So, started as a dressmaker and then
moved into financial planning.So you mentioned how that
original business you could seewith so much stuff being done
overseas, how that probablywasn't a long term sustainable
business line. And now what?Because that was probably in the
(04:07):
eighties that you kinda madeyour transition then in 90?
Andrew Lippman (04:09):
Yes. It was all well, it was yeah. It was it was
80 6 when I started, but it wasit was also a cutthroat
business, and it was alsobecause all of the stores were
consolidating. Mhmm. So a lot ofdepartment stores and things
like that, which would be wherethe would be where I would sell
my dresses to, were being boughtup and and and sold out and
(04:31):
things like that.
So you didn't have as manyplaces to go even if you had
even if you had a willing buyer.So it just became every every
aspect of it just became tight.So I figured, you know, this
isn't happening. And I was I was29 at the time. So, you know, it
was I had it was a time to makethe move.
Brett (04:48):
Yep. Still young enough to have a whole new career,
which obviously you have done.So, and then I assume you still
have do you have some familyback in New York still or back
in the East Coast? Or
Andrew Lippman (05:00):
I have very little family. I I I have very
little family in general, but mybrother lives in outside of
Pasadena.
Brett (05:06):
Oh, so he's already out here on the West Coast.
Andrew Lippman (05:08):
He's been here for 35 years, and I would come
out here all the time to seehim. I come out 3, 4 times a
year, and that's one of thereasons why I wanted to move
here, but I didn't wanna livenorth. I wanted to live, you
know, a little more relaxing.Yeah.
Brett (05:23):
Closer to the water. Yeah. Yeah. Oh, wonderful.
Alright.
So here's here's the bigquestion since, you're coming
into Carlsbad with fresh eyes.What's been the most surprising
part, and and I'm hopingsurprising in a positive way,
of, you know, that maybesomething you didn't anticipate
when you first decided to makethis move that, you know, you've
(05:44):
come to experience here?
Andrew Lippman (05:46):
That's a really good question. I'm amazed at the
the openness here. I haven't metanybody that wasn't friendly,
nice, just it it this wholeattitude here was completely
different. Even even in thechamber, I've always shied away
(06:06):
from from situations like thisin New York. It was a completely
different feel.
The openness, the the desire tohelp, to build, to to network,
to just to be friendly andoutgoing and and and everybody
trying to boost themselves up.And that that didn't exist. And
and whatever chambers there werein New York, they weren't
anywhere near as as large asthis or as, you know, again, as
(06:28):
open and and just just helpful.
Brett (06:31):
Oh, that's very interesting. Well, well, I am
glad that you, took a chance onus and made your way over here
because it's been it's beengreat getting to know you. So
why don't we do this? You're afinancial advisor. Why don't we
share with people what you doprofessionally?
Andrew Lippman (06:49):
That's also a good question. It actually sort
of mutates all the time. Sure. II I'm here. I do everything from
pro bono work to work with highnet worth individuals.
And everybody's situation isdifferent, and I don't paint
anyone with the same brush. So Iuse fairly sophisticated, some
(07:11):
Nobel Prize winning philosophysoftware to just really get into
people's psyche so I can figureout what they're all about, what
their risk profile is, whattheir desires and goals are,
some of behavioral finance andthings like that. So I can
actually draw or make up apicture so I can see from all
different angles what they'reabout. And then that way I can
(07:34):
figure out, you know, what'sgonna help them sleep at night,
what's gonna help them get totheir their ultimate goal of
financial security or, you know,longevity planning so that
they'll they won't run out ofmoney, which is one of people's
biggest fears in life. As welive longer, we wanna make sure
that we have the money to tosustain ourselves.
Brett (07:51):
Yeah. So true. So true. And you see people working
longer before they takeretirement in some cases, not
all, of course. But, yeah, thatfear of running out of money is,
very real.
Okay. We're gonna take a quickpause. We're talking to Andrew
Lippmann, financial solutionsadvisor within Wealth
Management. When we come back,we're gonna continue to unwrap
(08:12):
financial planning, but otherthings that, Andrew has gotten
himself into since he came hereand, came to the left coast.
Stay with us.
We'll be right back. So, Andrew,before we took a break, we were
(09:27):
just talking about the how youhelp people and dealing with
some very core, things in theirlife, financial security, long
term financial security, whichis fantastic. And you talked
about how you use somesophisticated tools. So you're
not, it's not like a one sizefits all, which I think is
(09:49):
fantastic. And I would assumethat you probably still have
some clients that you'reservicing, you know, back from
where you were based for so manyyears, and and now, hopefully,
are building some out here.
So talk about that, that you howfluid and with the the Zoom
world we live in, how does thatall that work?
Andrew Lippman (10:09):
Well, it's, it's not easy because a lot of my
clients are older women that,still need a lot of hand
holding, still need a lot ofunderstanding. So so far, I've
been back to New York fourtimes. Okay. And every time I go
there, in addition to whateverelse I wanna do, I make sure
that I see all these clients.Yeah.
And, that was a promise that Imade to them and, I'm a man of
(10:32):
my word and, they're very happyto see me and just to, you know,
just to talk, really. I mean,they miss me and, just long term
relationships. That's what I'malso about. And, so and I do the
same thing. I mean, I talk tothem on a regular basis anyway,
but it's not the same.
They're not they're not computersavvy, so it's not like I can do
(10:55):
Zoom meetings with them. So, youknow, they're, you know, they're
they're they're they're learningto deal with it. Yeah. And
that's fine because, you know, II care about them. They're kinda
like, you know, an extendedfamily of mine.
Sure. And, and so far so good.And, you know, the the people
that I've met here, different,completely different, you know,
(11:15):
variety, a different I need adifferent approach. But again,
it's the same thing. I'm I'm I'mbuilding a relationship.
I'm not a transactional Yeah.Adviser. So it's, again, it's a
process. It's it's it'sinvolved. It's it's it's it's a
relationship building.
Yeah. And, I have no intentionof retiring, although I could
(11:35):
retire, but I love what I'mdoing and I'm meeting all these
fabulous people here. It's justeverything. And every time I
meet someone, whether it's achamber event or whether it's a
potential client, it opensanother door. I'm just amazed
how how things are flowing.
Mhmm. And it's just it's justbeen a just a fantastic
experience, and I just wanted tokeep going. Yeah. It's so much
(11:56):
fun. Oh, I love it.
I'm having such a ball here. Youhave no idea.
Brett (12:00):
Oh, that's great. So, obviously, you're passionate and
enjoying what you're doing, butone of your other passions
clearly is kindness. It's allover your LinkedIn profile. Talk
to us about that. You and I arewearing our kindness matters
bracelets here.
Talk about that.
Andrew Lippman (12:21):
Well, the second person I met at the the chamber
here was, you know, was MargieMalek, and, she's the head of
Kids For Peace. And she had mesold from the get go, and, you
know, I got involved there andI'm on the board of directors
and, you know, it's it's again,it's another way of of of
(12:43):
delving into the community.That's really what I'm trying to
do here, establish myselfbecause I plan on, you know,
living my, you know, for therest of my life here. So the
more people that I get to knowon a favorable and positive
basis, and again, another thingthat opens up doors, it's just
everybody that I meet,especially under the kindness
banner Yeah. Is just, you know,they're fabulous people, and
(13:05):
it's just, you know, it's alearning experience.
It's it's also creating a senseof community and just just a
social wonderful feeling ofwell-being.
Brett (13:14):
Yeah. I love that. And so for those that don't know, I
think probably a lot of ourlisteners know, but for those
that don't, we have a corporatekindness, program that we
established about two and a halfyears ago with Kids For Peace,
where companies can be kindnesscertified. And I know you've
jumped right into that,obviously, and now have joined
(13:34):
the Kids For Peace board, whichis amazing. So, and Margie heads
that up here, at the chamber asa liaison between the two
organizations.
So that's that's fantastic, andthose opportunities are out
there. If you're, if you'reinterested in learning more,
please let us know becausethat's a very cool program and
very unique to our community.And, you know, while we're on
(13:59):
the topic of kindness, it issomething that, as we approach a
a national election that, youknow, is in a little bit shorter
supply. I I guess, at least fromthe online standpoint and the
media standpoint, you don'tfeel, you know, you feel like
this divisiveness. So I thinkpromoting kindness has a lot of
(14:19):
merit right now.
Andrew Lippman (14:21):
I think we're gonna need a lot of that. Yeah.
And you and you could alwayshave more. It's not, it's not
anything that's in short supply,but more is better.
Brett (14:29):
Yes. For sure. And I've also, as we've got to know each
other, over this last year,found out we have a mutual
interest in performing arts. Andyou actually came, to my
daughter's play in Carlsbad lastsummer when she was Wednesday
for, The Addams Family, but
Andrew Lippman (14:50):
I think And she was amazing in that too. Totally
blew me away. I had no idea whatto expect, and I was just
totally blown away by thatperformance. As a matter of
fact, I recently met someonewho's involved in the community
theater at the last at the lasthappy hour.
Brett (15:05):
Nice.
Andrew Lippman (15:05):
And and we talked about that. Yeah. And
it's, again, it's a it's one ofthe things that I support.
Brett (15:10):
Yeah. Love that because I think you've gotten involved
with New Village Arts, Ibelieve.
Andrew Lippman (15:14):
Yes. Not as much as I'd like, But, again, I have
so much on my plate that I'dlike to do more and I I go to
every production that they have.So, and I was a corporate
sponsor at their gala too. Sothings like that.
Brett (15:26):
Yeah. Wonderful. I was just well, we've interviewed,
Christiane Koerner on this, and,she's on our
Andrew Lippman (15:33):
She's wonderful too, by the way.
Brett (15:35):
She is amazing. Just had a chance to go to their, show
called the Thanksgiving playlast weekend.
Andrew Lippman (15:42):
That was very funny. I was at opening night.
Brett (15:44):
Yeah. We laughed very hard. They do a great job. So
tell us some of the otherthings. I mean, I think it's
it's fascinating to me that youcan come pretty much, like, I
don't know if I should sayknowing nobody.
Pretty close to No.
Andrew Lippman (15:59):
I knew nobody.
Brett (16:00):
Yeah. Pretty close to knowing nobody, and now you're
so busy. So what are some otherthings you've gotten yourself
involved in?
Andrew Lippman (16:05):
I play competitive pickleball.
Brett (16:07):
Oh, that's right.
Andrew Lippman (16:08):
Yeah. And, that's I mean, I was playing
back in New York and one of thereasons why I came here was so I
could play more than outdoors.Yeah. So, you know, I'm I play
in tournaments as much as I can.I had one last week and where I
actually finished second.
Brett (16:27):
Fantastic.
Andrew Lippman (16:28):
Which considering I had 30 years on
everybody in the field, I wasvery, very happy about that.
Yeah. And I'm playing tomorrow,tomorrow night, and and they
usually benefit tournaments. So,again, I'm contributing. Yeah.
I'm involved. I, you know, Imeet other people. Again, you
know, charities related and so Idonate money and I I play in
their tournaments and it's ait's a whole, you know, positive
(16:50):
experience, which I I just loveand, I wish I could play more.
And Yeah. And one of my goalsfor next year is to be able to
play, you know, a couple oftimes a week.
And I don't know how much bettermy game's gonna get, but I'm
assuming practice makes perfect.
Brett (17:04):
So Or practice makes improved.
Andrew Lippman (17:06):
Yeah. Well, let's go there. Right? That's
probably true.
Brett (17:09):
Oh, that's great. Now I have to ask with pickleball
being this, you know, fairlyrecent explosion, like, how far
back when did you first playpickleball? Was it pre COVID or
Andrew Lippman (17:21):
No. No. About two and a half. I would say two
and a half, 3 years ago. Yeah.
But, I played tennis Yeah. Youknow, as a as a teenager and
Sure. Subsequently over years.And I tried to get back into
tennis and, couldn't cover thecourt, you know, with that
thing. And and this is so muchmore fast paced.
Yeah. And, it's just it's it's agood diversion also. It's a it's
(17:43):
a good exercise for me. And,when I'm when I'm between the
lines, I don't think aboutanything else but but playing.
It's so social.
Yeah. And as the saying goes, itsays even even a bad day at
pickleball is still fun.
Brett (17:55):
Yeah. Well and what I like about it is, like, you
don't have to have like like,with tennis, if you didn't
because I played tennis as ateen as well. And, like, if you
didn't get some lessons and ifyou didn't have a lot of time on
the court, it's gonna be hard toenjoy it because it's it takes
it takes a certain level ofskill to enjoy it. Right? With
(18:17):
pickleball, people can pick itup really fast and just get to a
level of enjoyment rapidly.
Andrew Lippman (18:23):
That's the key thing. It's a level of
enjoyment. And, you know,competitive basis is a little
different Sure. Because, youknow, it's, you can exploit when
somebody doesn't know whatthey're doing. But again,
there's 2 different types ofplaying.
I mean, I play for enjoyment andI play, you know, to win. Yeah.
Yeah. Yeah. There's a thenthere's a difference there.
(18:43):
But again, it's exercise. It'soutdoors. You're meeting people.
It's friendly. Everybody is sonice when they play pickleball.
It's just such a social game.
Brett (18:52):
Yeah. Yeah. For sure. Speaking of your competitive
streak, I mean, these podcaststake a while before they get
published. But you and I aresitting here on game 1 of the
World Series, you being a bigYankees fan as we've come to
know, and there them being backin the in the World Series first
time in a while, and, of course,playing a West Coast.
(19:14):
Now if it was Padres Yankees,which it could have been with
Padres had quite a few minutes.
Andrew Lippman (19:18):
For the Padres.
Brett (19:19):
For sure. That would have been, you know, it would be a
lot more tense interview rightnow, but, Dodgers still are a
West Coast team. So you got theclassic East Coast, West Coast
going on. So What's your give usyour prediction. I mean, by the
time people hear this, it'sgonna be over.
And, so what's your predictionfor the series?
Andrew Lippman (19:39):
Yankees in 6. Yankees in 6. Okay. That's a and
I hope but but I'm looking for areally good series. I hope
everybody shows up and plays theway they're capable of playing
so that it it's good theater.
Yeah. It's live entertainment.It's the same thing.
Brett (19:53):
Same thing for sure.
Andrew Lippman (19:54):
And I I I'm just really looking forward to it.
Brett (19:57):
It, is quite a cast between the two teams, all the
former MVPs and the they areboth number one seeds, which
hasn't happened in a long time.They're, you know, you got the
home run leaders from the 2leagues and all these things. So
lot of offensive prowess therebetween the 2 teams. So it
should like you said, it shouldbe entertaining.
Andrew Lippman (20:16):
You know? There's also a tremendous
history. I mean, they haven'tplayed in 40 years, but, you
know, it's still that that thatthat rivalry.
Brett (20:23):
Yeah. It's still that very high it's it's kinda like a
Laker Celtic type of NBA finaltype of thing.
Andrew Lippman (20:29):
Absolutely.
Brett (20:30):
Classic, rivalry even though, as you pointed out, they
haven't, had the chance to faceeach other in a while. And you
also, are quite a, cook, and,you know, you you blessed us.
You you you came and said, youknow, I I've missed I missed
grilling, and you guys have agrill on your patio. And we're
(20:51):
like, we think it works. And soyou have, pointed out that it
does work.
Andrew Lippman (20:58):
Yeah. I mean, that that was that's so much
fun. I'd like I like to do thatagain. It's just something that
I used to do back in New Yorkbecause I had a a fairly deep I
had a smoker and a grill. Yep.
And we used to have 20, 25people over on the weekends and
I I would, you know, cook forall these people and it was
(21:18):
something that I really enjoyeddoing. Again, a social thing and
it was just, it was justfabulous. And, I missed that. I
can't do that in my development.They have, you know, they have a
group, communal, communal stuff,but it's not the same cause I, I
can't bring my stuff there andthings like that.
And I, I love to feed peoplebecause, and in, and in my
(21:39):
business I take people out. Sothat's how that, that's one of
the, it's a, it's a goodrelationship building thing. It
reduces relationship tension andit's just a great way to get
people to relax and enjoythemselves. And I can't think of
anything better than that.
Brett (21:52):
Yeah. Well, food. Food's a great
Andrew Lippman (21:54):
Oh, yeah.
Brett (21:54):
And and, you cook some great tri tip and some of you
yeah. I've been, the beneficiaryof, you know.
Andrew Lippman (22:05):
Well, it's fun. It's fun. I I kinda know what
I'm doing. So it it it's it'senjoyable for me, and and and in
watching people enjoy it also isis sort
Brett (22:15):
of, you know, indirectly benefit from that too.
Fantastic. Well, if somebody ismeeting Andrew Littmann for the
first time via this podcast,which is possible because you're
still new to our community, isthe best way to get ahold of you
and learn more on your website,which I believe is
(22:35):
www.inwealth.com. Is that right?
Andrew Lippman (22:38):
Yes. Yes and no. I would think that, you know,
this I I post a lot. Yep. Thesethings all need to be,
refreshed, but I'm on I'm alwaysworking on that.
Yeah. But yeah, you can get ahint of who I am from the, from
the website, more from LinkedIn.And, again, my posts and I have
(23:01):
the software I I put up for it'sit's it's complimentary. So you
can you can do the, you can dothe surveys and and and find out
some more information aboutyourself. And then after you
were empowered with thisinformation, if you want to
discuss it, I'm open for, youknow, conversation and it's
(23:21):
again, that's complimentary.
Wonderful. And, if you, if weboth decide, because it's a give
and take. Absolutely. That, youknow, you like what I have to
say and you've, you know, youexperienced something that
you've never experienced before,which would be my bet, and you
wanna continue the conversation,well, that's where that's where
the rubber meets the road.That's where we start talking.
Brett (23:43):
Wonderful. So your LinkedIn profile, which, of
course, would people can look upyour name, Andrew Lipman, and
that's l I p p m a n. Right?Correct. They can look you up on
LinkedIn.
They can go to your website. Iagree your LinkedIn profile is
great. That's where I see allyour, kindness posts and, other
things, of course, too. But, butthat's a great chance to to get
(24:04):
to see, you and get to know youa little better. Of course, if
they are, so inclined to come toone of our chamber networking
events, there's a pretty highprobability they might bump into
you because you you network alot with us, which is great.
Andrew Lippman (24:18):
You know what? I try not to miss an event, again,
because I just get so much outof it that I I can't I think the
only times I've missed anythingwas when I was out of town.
Brett (24:29):
Sure. Yeah. Yeah. Yeah. And I should also point out
that, if you're gonna come, youshould buy, a lot of raffle
tickets because an Andrew wins alot of our raffles because he
play he participates.
So if you wanna beat him out,buy some tickets.
Andrew Lippman (24:44):
That's it. Correct.
Brett (24:46):
Well, thank you so much for taking the time to come
down. Thank you for becomingpart of our Chamber family. We
love having you in our family.It's been a lot of fun, and,
looking forward to many moreyears together.
Andrew Lippman (24:56):
Yes. I me too. Thank you so much for having me.
It's been our pleasure.
Brett (25:02):
Thanks for joining us today on our Carlsbad People,
Purpose, and Impact podcast. Ifyou got value out of our episode
today, please hit the followbutton on your favorite podcast
app, and please tell a friend.Can't wait to see you next time
on Carlsbad People, Purpose, andImpact.
Carlsbad, people, purpose, and impact, an
essential podcast for those wholive, work, visit, and play in
Carlsbad.
Brett (00:14):
Good morning and welcome everyone. My name is Brett
Schanzenbach. I am the presidentand CEO of the Carlsbad Chamber
of Commerce. I'm your hosttoday, and I'm very excited to
have with me Andrew Lipman.Andrew is a financial solutions
adviser within WealthManagement.
Good morning, Andrew. Morning,Brett. Good to see you today.
Pleasure to be here. Thank you.
(00:35):
Yeah. Great to have you. So weonly met, like, what? It's been
less than a year. Right?
Andrew Lippman (00:41):
Absolutely. Yeah. It was a it was a just
wandered in here, and Yeah. Youcame right up to me at the door,
and it's been, fast paced eversince. It was a
Brett (00:51):
great experience from the get go. You, are a very recent
transplant from New York. Sotell us your your backstory and
and, ultimately, what led you tokinda come west, young man?
Andrew Lippman (01:07):
Well, I had ended a long term relationship
and, I only wanted to move onemore time and I've been wanting
to come to California for a verylong time. And, I had the
opportunity to stay in Oceansideat an Airbnb. And while I was
here, I went all around. I wentto La Jolla all the way back to
(01:28):
Oceanside and I tooled aroundand I came back another time and
then a time after that, and thenI found the place that I'm
currently living in in in,Aviara and it's the best move I
ever made. I love where I am.
I love the community. I love thechamber, and just being here is
just a fantastic experience.
Brett (01:46):
Very nice. Very nice. And so you are a financial adviser.
So tell us a little bit aboutthat. What got you into
financial advising roleinitially, and have you always
been, or did you have some othercareer things along the way?
Andrew Lippman (02:02):
Well, I used to be a dressmaker in the garment
center.
Brett (02:05):
That's right. I remember that now. So, that was
Andrew Lippman (02:08):
a business that was going, downhill. Everything
was going overseas. So I saw thehandwriting on the wall And at
the time, I was dating a womanwho was a Merrill Lynch general
manager secretary. And I wasinvited to their, Christmas
party and I was introduced tohim and he started to speak to
(02:29):
me and ask me some questions.And, he said, you're selling
dresses all over the country.
I said, if you can do thatwithout, you know, sight unseen,
then you could definitely becomea stock broker. Mhmm. So it was
seemed interesting to me, but I,you know, I had a good job and I
was I was uncertain of thefuture and I really didn't know
anything about it. So, I went tostarted going back to school at
(02:53):
night, at NYU. I was singingfinance courses and there was an
instructor there that just gotmy juices flowing.
More than any teacher that I hadever had. It threw all my
college and experience and itjust it just steamrolled from
there and, I ended up, you know,getting my license and going
forward. Unfortunately, when Igot my license, it was 2 months
(03:16):
before the market crashed in1987. Oh, wow. So I was like,
oh, well, who's going to wantYeah.
You know, a a raw recruit, so tospeak, when they needed to get
back into the market or dowhatever they did. So I just
continued to go to school, andI, you know, worked and, you
know, developed the client base.But it was it was rough at the
beginning. And, but, you know,I've been going to school ever
(03:38):
since, and I'm still in schoolnow. I constantly take courses
and things like that just tostay on top of everything.
Brett (03:44):
Oh, that's amazing. So, started as a dressmaker and then
moved into financial planning.So you mentioned how that
original business you could seewith so much stuff being done
overseas, how that probablywasn't a long term sustainable
business line. And now what?Because that was probably in the
(04:07):
eighties that you kinda madeyour transition then in 90?
Andrew Lippman (04:09):
Yes. It was all well, it was yeah. It was it was
80 6 when I started, but it wasit was also a cutthroat
business, and it was alsobecause all of the stores were
consolidating. Mhmm. So a lot ofdepartment stores and things
like that, which would be wherethe would be where I would sell
my dresses to, were being boughtup and and and sold out and
(04:31):
things like that.
So you didn't have as manyplaces to go even if you had
even if you had a willing buyer.So it just became every every
aspect of it just became tight.So I figured, you know, this
isn't happening. And I was I was29 at the time. So, you know, it
was I had it was a time to makethe move.
Brett (04:48):
Yep. Still young enough to have a whole new career,
which obviously you have done.So, and then I assume you still
have do you have some familyback in New York still or back
in the East Coast? Or
Andrew Lippman (05:00):
I have very little family. I I I have very
little family in general, but mybrother lives in outside of
Pasadena.
Brett (05:06):
Oh, so he's already out here on the West Coast.
Andrew Lippman (05:08):
He's been here for 35 years, and I would come
out here all the time to seehim. I come out 3, 4 times a
year, and that's one of thereasons why I wanted to move
here, but I didn't wanna livenorth. I wanted to live, you
know, a little more relaxing.Yeah.
Brett (05:23):
Closer to the water. Yeah. Yeah. Oh, wonderful.
Alright.
So here's here's the bigquestion since, you're coming
into Carlsbad with fresh eyes.What's been the most surprising
part, and and I'm hopingsurprising in a positive way,
of, you know, that maybesomething you didn't anticipate
when you first decided to makethis move that, you know, you've
(05:44):
come to experience here?
Andrew Lippman (05:46):
That's a really good question. I'm amazed at the
the openness here. I haven't metanybody that wasn't friendly,
nice, just it it this wholeattitude here was completely
different. Even even in thechamber, I've always shied away
(06:06):
from from situations like thisin New York. It was a completely
different feel.
The openness, the the desire tohelp, to build, to to network,
to just to be friendly andoutgoing and and and everybody
trying to boost themselves up.And that that didn't exist. And
and whatever chambers there werein New York, they weren't
anywhere near as as large asthis or as, you know, again, as
(06:28):
open and and just just helpful.
Brett (06:31):
Oh, that's very interesting. Well, well, I am
glad that you, took a chance onus and made your way over here
because it's been it's beengreat getting to know you. So
why don't we do this? You're afinancial advisor. Why don't we
share with people what you doprofessionally?
Andrew Lippman (06:49):
That's also a good question. It actually sort
of mutates all the time. Sure. II I'm here. I do everything from
pro bono work to work with highnet worth individuals.
And everybody's situation isdifferent, and I don't paint
anyone with the same brush. So Iuse fairly sophisticated, some
(07:11):
Nobel Prize winning philosophysoftware to just really get into
people's psyche so I can figureout what they're all about, what
their risk profile is, whattheir desires and goals are,
some of behavioral finance andthings like that. So I can
actually draw or make up apicture so I can see from all
different angles what they'reabout. And then that way I can
(07:34):
figure out, you know, what'sgonna help them sleep at night,
what's gonna help them get totheir their ultimate goal of
financial security or, you know,longevity planning so that
they'll they won't run out ofmoney, which is one of people's
biggest fears in life. As welive longer, we wanna make sure
that we have the money to tosustain ourselves.
Brett (07:51):
Yeah. So true. So true. And you see people working
longer before they takeretirement in some cases, not
all, of course. But, yeah, thatfear of running out of money is,
very real.
Okay. We're gonna take a quickpause. We're talking to Andrew
Lippmann, financial solutionsadvisor within Wealth
Management. When we come back,we're gonna continue to unwrap
(08:12):
financial planning, but otherthings that, Andrew has gotten
himself into since he came hereand, came to the left coast.
Stay with us.
We'll be right back. So, Andrew,before we took a break, we were
(09:27):
just talking about the how youhelp people and dealing with
some very core, things in theirlife, financial security, long
term financial security, whichis fantastic. And you talked
about how you use somesophisticated tools. So you're
not, it's not like a one sizefits all, which I think is
(09:49):
fantastic. And I would assumethat you probably still have
some clients that you'reservicing, you know, back from
where you were based for so manyyears, and and now, hopefully,
are building some out here.
So talk about that, that you howfluid and with the the Zoom
world we live in, how does thatall that work?
Andrew Lippman (10:09):
Well, it's, it's not easy because a lot of my
clients are older women that,still need a lot of hand
holding, still need a lot ofunderstanding. So so far, I've
been back to New York fourtimes. Okay. And every time I go
there, in addition to whateverelse I wanna do, I make sure
that I see all these clients.Yeah.
And, that was a promise that Imade to them and, I'm a man of
(10:32):
my word and, they're very happyto see me and just to, you know,
just to talk, really. I mean,they miss me and, just long term
relationships. That's what I'malso about. And, so and I do the
same thing. I mean, I talk tothem on a regular basis anyway,
but it's not the same.
They're not they're not computersavvy, so it's not like I can do
(10:55):
Zoom meetings with them. So, youknow, they're, you know, they're
they're they're they're learningto deal with it. Yeah. And
that's fine because, you know, II care about them. They're kinda
like, you know, an extendedfamily of mine.
Sure. And, and so far so good.And, you know, the the people
that I've met here, different,completely different, you know,
(11:15):
variety, a different I need adifferent approach. But again,
it's the same thing. I'm I'm I'mbuilding a relationship.
I'm not a transactional Yeah.Adviser. So it's, again, it's a
process. It's it's it'sinvolved. It's it's it's it's a
relationship building.
Yeah. And, I have no intentionof retiring, although I could
(11:35):
retire, but I love what I'mdoing and I'm meeting all these
fabulous people here. It's justeverything. And every time I
meet someone, whether it's achamber event or whether it's a
potential client, it opensanother door. I'm just amazed
how how things are flowing.
Mhmm. And it's just it's justbeen a just a fantastic
experience, and I just wanted tokeep going. Yeah. It's so much
(11:56):
fun. Oh, I love it.
I'm having such a ball here. Youhave no idea.
Brett (12:00):
Oh, that's great. So, obviously, you're passionate and
enjoying what you're doing, butone of your other passions
clearly is kindness. It's allover your LinkedIn profile. Talk
to us about that. You and I arewearing our kindness matters
bracelets here.
Talk about that.
Andrew Lippman (12:21):
Well, the second person I met at the the chamber
here was, you know, was MargieMalek, and, she's the head of
Kids For Peace. And she had mesold from the get go, and, you
know, I got involved there andI'm on the board of directors
and, you know, it's it's again,it's another way of of of
(12:43):
delving into the community.That's really what I'm trying to
do here, establish myselfbecause I plan on, you know,
living my, you know, for therest of my life here. So the
more people that I get to knowon a favorable and positive
basis, and again, another thingthat opens up doors, it's just
everybody that I meet,especially under the kindness
banner Yeah. Is just, you know,they're fabulous people, and
(13:05):
it's just, you know, it's alearning experience.
It's it's also creating a senseof community and just just a
social wonderful feeling ofwell-being.
Brett (13:14):
Yeah. I love that. And so for those that don't know, I
think probably a lot of ourlisteners know, but for those
that don't, we have a corporatekindness, program that we
established about two and a halfyears ago with Kids For Peace,
where companies can be kindnesscertified. And I know you've
jumped right into that,obviously, and now have joined
(13:34):
the Kids For Peace board, whichis amazing. So, and Margie heads
that up here, at the chamber asa liaison between the two
organizations.
So that's that's fantastic, andthose opportunities are out
there. If you're, if you'reinterested in learning more,
please let us know becausethat's a very cool program and
very unique to our community.And, you know, while we're on
(13:59):
the topic of kindness, it issomething that, as we approach a
a national election that, youknow, is in a little bit shorter
supply. I I guess, at least fromthe online standpoint and the
media standpoint, you don'tfeel, you know, you feel like
this divisiveness. So I thinkpromoting kindness has a lot of
(14:19):
merit right now.
Andrew Lippman (14:21):
I think we're gonna need a lot of that. Yeah.
And you and you could alwayshave more. It's not, it's not
anything that's in short supply,but more is better.
Brett (14:29):
Yes. For sure. And I've also, as we've got to know each
other, over this last year,found out we have a mutual
interest in performing arts. Andyou actually came, to my
daughter's play in Carlsbad lastsummer when she was Wednesday
for, The Addams Family, but
Andrew Lippman (14:50):
I think And she was amazing in that too. Totally
blew me away. I had no idea whatto expect, and I was just
totally blown away by thatperformance. As a matter of
fact, I recently met someonewho's involved in the community
theater at the last at the lasthappy hour.
Brett (15:05):
Nice.
Andrew Lippman (15:05):
And and we talked about that. Yeah. And
it's, again, it's a it's one ofthe things that I support.
Brett (15:10):
Yeah. Love that because I think you've gotten involved
with New Village Arts, Ibelieve.
Andrew Lippman (15:14):
Yes. Not as much as I'd like, But, again, I have
so much on my plate that I'dlike to do more and I I go to
every production that they have.So, and I was a corporate
sponsor at their gala too. Sothings like that.
Brett (15:26):
Yeah. Wonderful. I was just well, we've interviewed,
Christiane Koerner on this, and,she's on our
Andrew Lippman (15:33):
She's wonderful too, by the way.
Brett (15:35):
She is amazing. Just had a chance to go to their, show
called the Thanksgiving playlast weekend.
Andrew Lippman (15:42):
That was very funny. I was at opening night.
Brett (15:44):
Yeah. We laughed very hard. They do a great job. So
tell us some of the otherthings. I mean, I think it's
it's fascinating to me that youcan come pretty much, like, I
don't know if I should sayknowing nobody.
Pretty close to No.
Andrew Lippman (15:59):
I knew nobody.
Brett (16:00):
Yeah. Pretty close to knowing nobody, and now you're
so busy. So what are some otherthings you've gotten yourself
involved in?
Andrew Lippman (16:05):
I play competitive pickleball.
Brett (16:07):
Oh, that's right.
Andrew Lippman (16:08):
Yeah. And, that's I mean, I was playing
back in New York and one of thereasons why I came here was so I
could play more than outdoors.Yeah. So, you know, I'm I play
in tournaments as much as I can.I had one last week and where I
actually finished second.
Brett (16:27):
Fantastic.
Andrew Lippman (16:28):
Which considering I had 30 years on
everybody in the field, I wasvery, very happy about that.
Yeah. And I'm playing tomorrow,tomorrow night, and and they
usually benefit tournaments. So,again, I'm contributing. Yeah.
I'm involved. I, you know, Imeet other people. Again, you
know, charities related and so Idonate money and I I play in
their tournaments and it's ait's a whole, you know, positive
(16:50):
experience, which I I just loveand, I wish I could play more.
And Yeah. And one of my goalsfor next year is to be able to
play, you know, a couple oftimes a week.
And I don't know how much bettermy game's gonna get, but I'm
assuming practice makes perfect.
Brett (17:04):
So Or practice makes improved.
Andrew Lippman (17:06):
Yeah. Well, let's go there. Right? That's
probably true.
Brett (17:09):
Oh, that's great. Now I have to ask with pickleball
being this, you know, fairlyrecent explosion, like, how far
back when did you first playpickleball? Was it pre COVID or
Andrew Lippman (17:21):
No. No. About two and a half. I would say two
and a half, 3 years ago. Yeah.
But, I played tennis Yeah. Youknow, as a as a teenager and
Sure. Subsequently over years.And I tried to get back into
tennis and, couldn't cover thecourt, you know, with that
thing. And and this is so muchmore fast paced.
Yeah. And, it's just it's it's agood diversion also. It's a it's
(17:43):
a good exercise for me. And,when I'm when I'm between the
lines, I don't think aboutanything else but but playing.
It's so social.
Yeah. And as the saying goes, itsays even even a bad day at
pickleball is still fun.
Brett (17:55):
Yeah. Well and what I like about it is, like, you
don't have to have like like,with tennis, if you didn't
because I played tennis as ateen as well. And, like, if you
didn't get some lessons and ifyou didn't have a lot of time on
the court, it's gonna be hard toenjoy it because it's it takes
it takes a certain level ofskill to enjoy it. Right? With
(18:17):
pickleball, people can pick itup really fast and just get to a
level of enjoyment rapidly.
Andrew Lippman (18:23):
That's the key thing. It's a level of
enjoyment. And, you know,competitive basis is a little
different Sure. Because, youknow, it's, you can exploit when
somebody doesn't know whatthey're doing. But again,
there's 2 different types ofplaying.
I mean, I play for enjoyment andI play, you know, to win. Yeah.
Yeah. Yeah. There's a thenthere's a difference there.
(18:43):
But again, it's exercise. It'soutdoors. You're meeting people.
It's friendly. Everybody is sonice when they play pickleball.
It's just such a social game.
Brett (18:52):
Yeah. Yeah. For sure. Speaking of your competitive
streak, I mean, these podcaststake a while before they get
published. But you and I aresitting here on game 1 of the
World Series, you being a bigYankees fan as we've come to
know, and there them being backin the in the World Series first
time in a while, and, of course,playing a West Coast.
(19:14):
Now if it was Padres Yankees,which it could have been with
Padres had quite a few minutes.
Andrew Lippman (19:18):
For the Padres.
Brett (19:19):
For sure. That would have been, you know, it would be a
lot more tense interview rightnow, but, Dodgers still are a
West Coast team. So you got theclassic East Coast, West Coast
going on. So What's your give usyour prediction. I mean, by the
time people hear this, it'sgonna be over.
And, so what's your predictionfor the series?
Andrew Lippman (19:39):
Yankees in 6. Yankees in 6. Okay. That's a and
I hope but but I'm looking for areally good series. I hope
everybody shows up and plays theway they're capable of playing
so that it it's good theater.
Yeah. It's live entertainment.It's the same thing.
Brett (19:53):
Same thing for sure.
Andrew Lippman (19:54):
And I I I'm just really looking forward to it.
Brett (19:57):
It, is quite a cast between the two teams, all the
former MVPs and the they areboth number one seeds, which
hasn't happened in a long time.They're, you know, you got the
home run leaders from the 2leagues and all these things. So
lot of offensive prowess therebetween the 2 teams. So it
should like you said, it shouldbe entertaining.
Andrew Lippman (20:16):
You know? There's also a tremendous
history. I mean, they haven'tplayed in 40 years, but, you
know, it's still that that thatthat rivalry.
Brett (20:23):
Yeah. It's still that very high it's it's kinda like a
Laker Celtic type of NBA finaltype of thing.
Andrew Lippman (20:29):
Absolutely.
Brett (20:30):
Classic, rivalry even though, as you pointed out, they
haven't, had the chance to faceeach other in a while. And you
also, are quite a, cook, and,you know, you you blessed us.
You you you came and said, youknow, I I've missed I missed
grilling, and you guys have agrill on your patio. And we're
(20:51):
like, we think it works. And soyou have, pointed out that it
does work.
Andrew Lippman (20:58):
Yeah. I mean, that that was that's so much
fun. I'd like I like to do thatagain. It's just something that
I used to do back in New Yorkbecause I had a a fairly deep I
had a smoker and a grill. Yep.
And we used to have 20, 25people over on the weekends and
I I would, you know, cook forall these people and it was
(21:18):
something that I really enjoyeddoing. Again, a social thing and
it was just, it was justfabulous. And, I missed that. I
can't do that in my development.They have, you know, they have a
group, communal, communal stuff,but it's not the same cause I, I
can't bring my stuff there andthings like that.
And I, I love to feed peoplebecause, and in, and in my
(21:39):
business I take people out. Sothat's how that, that's one of
the, it's a, it's a goodrelationship building thing. It
reduces relationship tension andit's just a great way to get
people to relax and enjoythemselves. And I can't think of
anything better than that.
Brett (21:52):
Yeah. Well, food. Food's a great
Andrew Lippman (21:54):
Oh, yeah.
Brett (21:54):
And and, you cook some great tri tip and some of you
yeah. I've been, the beneficiaryof, you know.
Andrew Lippman (22:05):
Well, it's fun. It's fun. I I kinda know what
I'm doing. So it it it's it'senjoyable for me, and and and in
watching people enjoy it also isis sort
Brett (22:15):
of, you know, indirectly benefit from that too.
Fantastic. Well, if somebody ismeeting Andrew Littmann for the
first time via this podcast,which is possible because you're
still new to our community, isthe best way to get ahold of you
and learn more on your website,which I believe is
(22:35):
www.inwealth.com. Is that right?
Andrew Lippman (22:38):
Yes. Yes and no. I would think that, you know,
this I I post a lot. Yep. Thesethings all need to be,
refreshed, but I'm on I'm alwaysworking on that.
Yeah. But yeah, you can get ahint of who I am from the, from
the website, more from LinkedIn.And, again, my posts and I have
(23:01):
the software I I put up for it'sit's it's complimentary. So you
can you can do the, you can dothe surveys and and and find out
some more information aboutyourself. And then after you
were empowered with thisinformation, if you want to
discuss it, I'm open for, youknow, conversation and it's
(23:21):
again, that's complimentary.
Wonderful. And, if you, if weboth decide, because it's a give
and take. Absolutely. That, youknow, you like what I have to
say and you've, you know, youexperienced something that
you've never experienced before,which would be my bet, and you
wanna continue the conversation,well, that's where that's where
the rubber meets the road.That's where we start talking.
Brett (23:43):
Wonderful. So your LinkedIn profile, which, of
course, would people can look upyour name, Andrew Lipman, and
that's l I p p m a n. Right?Correct. They can look you up on
LinkedIn.
They can go to your website. Iagree your LinkedIn profile is
great. That's where I see allyour, kindness posts and, other
things, of course, too. But, butthat's a great chance to to get
(24:04):
to see, you and get to know youa little better. Of course, if
they are, so inclined to come toone of our chamber networking
events, there's a pretty highprobability they might bump into
you because you you network alot with us, which is great.
Andrew Lippman (24:18):
You know what? I try not to miss an event, again,
because I just get so much outof it that I I can't I think the
only times I've missed anythingwas when I was out of town.
Brett (24:29):
Sure. Yeah. Yeah. Yeah. And I should also point out
that, if you're gonna come, youshould buy, a lot of raffle
tickets because an Andrew wins alot of our raffles because he
play he participates.
So if you wanna beat him out,buy some tickets.
Andrew Lippman (24:44):
That's it. Correct.
Brett (24:46):
Well, thank you so much for taking the time to come
down. Thank you for becomingpart of our Chamber family. We
love having you in our family.It's been a lot of fun, and,
looking forward to many moreyears together.
Andrew Lippman (24:56):
Yes. I me too. Thank you so much for having me.
It's been our pleasure.
Brett (25:02):
Thanks for joining us today on our Carlsbad People,
Purpose, and Impact podcast. Ifyou got value out of our episode
today, please hit the followbutton on your favorite podcast
app, and please tell a friend.Can't wait to see you next time
on Carlsbad People, Purpose, andImpact.
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In 1997, actress Kristin Davis’ life was forever changed when she took on the role of Charlotte York in Sex and the City. As we watched Carrie, Samantha, Miranda and Charlotte navigate relationships in NYC, the show helped push once unacceptable conversation topics out of the shadows and altered the narrative around women and sex. We all saw ourselves in them as they searched for fulfillment in life, sex and friendships. Now, Kristin Davis wants to connect with you, the fans, and share untold stories and all the behind the scenes. Together, with Kristin and special guests, what will begin with Sex and the City will evolve into talks about themes that are still so relevant today. "Are you a Charlotte?" is much more than just rewatching this beloved show, it brings the past and the present together as we talk with heart, humor and of course some optimism.
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com