Allan Boomer: Raising the bar of Alumni Excellence
Titilola Bakare
Issue date: 10/20/09 Section: News
The popular notion of what it means to be an active alumnus includes annual giving from a distance and attendance at a social event or two each year. As Chairman of the NYU Stern Alumni Council and recently named Association of Hispanic and Black Business Students Distinguished Alumnus of the year, Allan Boomer's devoted service to the school transcends this paradigm and sets a new standard.
After graduating from Stern in 2004, Allan Boomer joined Goldman Sachs where he is currently a Vice President in the Private Wealth Management group. Before Stern, Boomer started his career at Merrill Lynch in Operations Management. While spending his days at Merrill, Boomer spent evenings preparing income taxes. Soon, he found himself much more excited about his evenings than the days he spent focused on operational strategy and cost management.
"On the cost side you are limited in terms of your impact…in the service industry 'cost-cutting' is a fancy way of saying 'firing people'...I was good at it but I saw people losing their jobs…I saw people ruined by this." said Boomer.
It became clear to him that a role on the brokerage side of the business would combine his love for client facing work with his financial dexterity. Though his role at Merrill Lynch remains a necessary part of the business, Boomer wanted to focus his energy on helping people build wealth.
With this objective, Boomer quickly realized that an MBA program was the pathway to his dream. With a characteristic humility, He now expresses that he once considered Stern a "long-shot." When admitted, the decision to attend Stern was easy despite lucrative scholarship offers at other institutions.
"If you follow your heart and make the right decision," commented Boomer, "money, while it is important, should never be a determining factor."
Shortly thereafter, Boomer became one of the first Stern Students to ever receive the Robert Toigo Foundation Fellowship and secured substantial funding for his education.
After graduating from Stern in 2004, Allan Boomer joined Goldman Sachs where he is currently a Vice President in the Private Wealth Management group. Before Stern, Boomer started his career at Merrill Lynch in Operations Management. While spending his days at Merrill, Boomer spent evenings preparing income taxes. Soon, he found himself much more excited about his evenings than the days he spent focused on operational strategy and cost management.
"On the cost side you are limited in terms of your impact…in the service industry 'cost-cutting' is a fancy way of saying 'firing people'...I was good at it but I saw people losing their jobs…I saw people ruined by this." said Boomer.
It became clear to him that a role on the brokerage side of the business would combine his love for client facing work with his financial dexterity. Though his role at Merrill Lynch remains a necessary part of the business, Boomer wanted to focus his energy on helping people build wealth.
With this objective, Boomer quickly realized that an MBA program was the pathway to his dream. With a characteristic humility, He now expresses that he once considered Stern a "long-shot." When admitted, the decision to attend Stern was easy despite lucrative scholarship offers at other institutions.
"If you follow your heart and make the right decision," commented Boomer, "money, while it is important, should never be a determining factor."
Shortly thereafter, Boomer became one of the first Stern Students to ever receive the Robert Toigo Foundation Fellowship and secured substantial funding for his education.
Viewing Comments 1 - 1 of 1
reklama
posted 4/13/10 @ 6:14 PM EST
This theme is simply matchless :), it is very interesting to me)))
Post a Comment