At Firstmetric, we believe that the investment advice and guidance that most people receive is typically not in their best interests and is often high cost and based on stock tips, a broker or adviser’s personal opinions or the latest market trends.
At Firstmetric, we are the complete opposite. We are a fiduciary, which means we act in your best interests with our disciplined investment approach, low total investment costs and personalized investment strategies and advice tailored to fit your personal situation.
Chief Executive Officer
With more than 20 years experience in the financial services industry, Scott has built and/or ran several financial services related businesses. Early on in his entrepreneurial journey Scott started an investment management business after seeing first-hand the flaws and conflicts of interests inherent in the traditional product driven and sales focused approach to investing, when several people he knew lost a significant portion of their hard earned life savings to high fee and commission based investment products and inappropriate investment advice.
It was at that point he thought there had to be a better way for investors to obtain unbiased advice and low-cost access to the financial markets. That lead him to start Quest Asset Management, LLC, an investment management firm, with the novel idea of putting investor interests first as a fiduciary, which was mostly unheard of at the time. The idea centered on the concepts of keeping total investment costs and taxes extremely low and developing an investment plan and asset allocation strategy for each investor using low-cost asset class and index funds to give investors a fighting chance to match the actual performance of the stock and bond markets without unnecessary risk.
A few years later Scott merged Quest Asset Management, LLC with another local investment management firm that shared the same investment principles at that time. Several years after the combined merger, Scott went on to guide and grow the combined firm from approximately $60 million in client investment assets under management to approximately $1.4 billion. In 2015, Scott sold his ownership interest in the firm and took some much needed time off when he and another owner had different visions for the future direction of the firm.
Along Scott's journey he has been quoted and/or interviewed by some of the following publications: The Wall Street Journal, Investor’s Business Daily, Kiplinger’s Retirement Report, TheStreet.com, Cheddar.TV, Crain’s Detroit Business and MarketWatch.com; among others.