Passero Adams, Inc. News

Chris Passero, President of Passero Adams Inc., a Financial Services firm through Money Concepts, headquartered in Nitro, WV received the 2006 Chairman’s Award from Jack Walsh, Chairman and Founder of Money Concepts International of Palm Beach Gardens, Florida at their annual conference July 23, 2007 at the Mark Hopkins Intercontinental Hotel in San Francisco, California. The Chairman’s award is “in recognition of outstanding singular and exceptional attainments in all areas of leadership skills” in the financial planning industry.

Also, the regional office of Passero Adams, Inc. of Nitro, WV received the 2007 Financial Planning Center of the year, bronze award, from Money Concepts International awarded to the top offices in the Money Concepts network worldwide.

Jack Walsh to Receive
Loren Dunton Award at
8th Annual Financial Advisors Forum, May 15-17, 2007
Bally’s Las Vegas by
International Association of Registered Financial Consultants

The Loren Dunton Memorial Award will be presented to Jack Walsh at the Financial Advisors Forum, one of the year’s signal professional gatherings.  The International Association of Registered Financial Consultants presents this award to recognize and honor those who have made “significant and outstanding contributions to the financial services profession”. Loren Dunton was the founder of financial planning in the U.S.

A true pioneer in financial planning, John P. Walsh, RFC®, the founder and chairman of Money Concepts International, is one of the most significant contributors to the profession.  From the outset he has been a strong supporter of the financial planning process as delivered by independent advisors.  You can find Jack in the new offices of Money Concepts in Palm Beach Gardens, Florida, near the famous PGA center.

“Born in Chicago in 1928, Jack was the first of five children for the Walsh family…was just in time to usher in the Great Depression of 1929.“ 
Jack’s first selling job was as a sales engineer, right out of college, calling on executives of various automobile manufacturers such as General Motors, Chrysler, Ford and their divisions.  Then he shifted into the direct sales field, formed U.S. Marketing Corp. and built an organization of more than 300 salespeople.  While at Franklin Life, Jack was named General Agent of the Year.  Joining American Banker’s Life as Executive Vice President in 1969 and advancing to the Presidency of the company in 1973.

Jack stayed at American Bankers until he resigned in January of 1979 and then he founded Money Concepts, in Miami, Florida. In 1985 Jack moved Money Concepts International to West Palm Beach, (Palm Gardens), Florida, where it is today.

From the beginning, Money Concepts was a “turnkey financial planning center business opportunity” based on the franchise model its our primary product. Qualified individuals with basic training could be President of their own company; and after 60 to 90 days of training be up and running. The model provided a full product portfolio, a marketing system, a proven business plan, a seminar marketing system, and complete support from technology and advisory personnel to help guide them.  They would be in business for themselves, but not by themselves.”

The Money Concepts opportunity provides true ownership.  By contract, it’s your business, you own it, you run it, you can pass it on to your children, or sell it, it’s up to you.  You receive a proven business plan, follow it and you will succeed as so many others have.  The business includes a total product portfolio with prescreened products that have cleared due diligence.

A Money Concepts Financial Planning Centre is part of an International Financial Service organization dedicated to entrepreneurship. The franchise, business model provides true freedom in financial services to those who wish to serve their clients professionally and build their futures in an environment that knows no bounds.  There a many regional directors and associates that have been with Jack and Money Concepts over twenty years and feel they are an extension of the Money Concepts family.

Several years ago Jack was diagnosed with Parkinson’s disease.  Some people just quit when they face something like Parkinson’s, others keep going.  With his family’s encouragement and support and that of his associates, Jack chose to continue and keep going. Their good wishes and constant encouragement has added years to Jack’s life.  Money Concepts has always been a family.  Many of Money Concept’s most outstanding associates grew up with the company.  Jack’s oldest son Denis has taken on the leadership of the company.  Denis has proven to be a very talented man and Jack is extremely proud of his progress.  Jack has three daughters, Kara, Susie, and Terri; and two more sons, Jim and Liam who also are active in the company.

Previous recipients of the Dunton Award include Ben Baldwin, Donald Ray Haas, John B. Keeble, III, Alexandra Armstrong, Vernon Gwynne, Edwin P. Morrow, Bill Carter, Jeffrey Chiew, and Liang Tein Lung.  The IARFC is the fastest growing professional association in financial services, with educational and practice support programs now offered in nine countries.