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A day in the life of...Raymond James' Mark Parello

A day in the life of...Raymond James' Mark Parello

Mark Parello, branch principal at Raymond James' Manchester branch, talked us through his day from the moment his alarm goes off.

My alarm goes off: 5.15am – I’m naturally an early riser and am in the gym for 6.30am most mornings.

I’m responsible for: Driving and building an exceptional business and team with the right core values and attitude. Our vision is to improve the financial services industry and positively impact the lives of those who interact with us.

The worst part of my job: There are never enough hours in the day. It sounds corny, but I feel privileged to do what we do.

The best part of my job: Building something tangible that will make a positive difference to those who we work with.

What’s the biggest challenge you face day to day? Right now, it’s working with our compliance teams to understand and ensure we are fully prepared for Mifid II.

I got the job: When I set up the Manchester branch in October 2015. I’ve been in the role for two years – jeepers, that’s gone quickly!

Tea or coffee? Love coffee, but gave it up over Christmas last year. Tea now.

Typical lunch choice? Because I eat every two hours, I have a large lunch box containing chicken breasts, quinoa, and salad which lasts the whole working day.

How long is your commute to work? 25 minutes on the tram.

After work: I enjoy spending time with a wife and two young sons. Outside of work and family life I love the gym, reading, and I am a trustee of the Manchester Art Gallery.

What are you reading at the moment? Keys to Success: 50 Secrets from a Business Maverick by John Timpson. John Timpson has built a fantastic business based on rock solid core values – I would love to replicate the culture of Timpsons in financial services.

What is your guiltiest pleasure? I’ve been told I have the music taste of a teenage girl – surely everyone likes Little Mix... No?

Where do you see the wealth management world in 10 years?

In 10 years’ time I envisage a more transparent and low cost service being accessed digitally for those starting their wealth creation journey. Education and a solid financial plan will be the driver for the way people invest. Schools will teach the importance of financial planning, the impact of compound growth and why keeping fees low matters.

Which three people would you invite to a dinner and what would you cook?

I would invite Sir Ranulph Fiennes, Warren Buffett, Anthony Robbins. I would cook a proper Italian spaghetti bolognese (you can probably tell from my surname I’m of Italian descent).

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