Tim Andreas Celebrates 25 Years as a Financial Advisor

Tim Andreas is commemorating a significant milestone: 

25 years as a financial advisor. Initially associated with Prudential Financial, he embraced independence 13 years ago by founding Global Asset Management Group.

His firm has consistently been recognized as one of Louisiana’s top advisory practices for nine consecutive years and ranks among the elite nationally within the Raymond James framework.

Achieving this level of success has not been without its challenges. Andreas began his academic journey at McNeese State University, initially pursuing a degree in the medical field. However, after discovering that his studies did not ignite his passion, he consulted a friend who was a financial advisor and ultimately switched his major. Just prior to graduating, while interviewing for the financial services industry, he faced a turbulent market with Black Monday in October 1987, which led him to explore alternative career paths.

In 2001, at the age of 36, Andreas answered the call to the financial advisory landscape only to confront another market crisis—the tech bubble burst. During this pivotal time, he suffered a heart attack while in New York City for a three-week training session on June 17, which coincidentally fell on Father’s Day. Following a two-and-a-half-week hospital stay, during which he celebrated his 37th birthday, he returned to complete his training in September, just a couple weeks after the September 11 attacks. Health challenges persisted, but Andreas remained resolute. His early career at Prudential morphed into acquisitions from banking institutions that transitioned through various iterations before becoming part of Wells Fargo. Discontent with the conflicts of interest inherent in bank-owned financial advisory firms, Andreas opted for independence through Raymond James. His client-focused approach led to the establishment of Global Asset Management Group.

Now, after 25 years in the industry, (12 years in Wall Street/Banking wealth management firms and 13 years leading his independent practice), Andreas underscores the values that set Global Asset apart. “We work harder than anyone else,” he asserts. “We dedicate more hours to ensure our clients receive the highest level of service. Our clients become family, and we take our responsibility to manage their wealth seriously, striving to meet their retirement objectives. We now work directly for the clients, not for a publicly traded company concerned more about its stock price than its employees or the clients it claims to serve. It’s a privilege to have clients as the top priority”.

Reflecting on the intricacies of financial advising, Andreas notes, “It’s a fulfilling profession. While stable markets present fewer challenges, turbulent times require us to work longer hours to mitigate client losses. Our team is passionate about our work; supporting our clients is a privilege. Their success directly contributes to our own.”

The firm faced unprecedented challenges in 2020 as Southwest Louisiana contended with crises, COVID-19 and two hurricanes. Yet, Global Asset was well-prepared, having transitioned to a paperless operation years prior. “This foresight proved invaluable,” Andreas states. “When our office was destroyed, we did not lose any documents, thanks to our cloud storage. Our team adapted seamlessly, working remotely across three states while maintaining client communication and service continuity. We temporarily operated from a location on Nelson Road before acquiring the former JD Bank site at the corner of Country Club and Big Lake Roads. When you allow faith to guide you, it equips you to adapt in ways you never anticipated.”

Looking to the future, Global Asset remains committed to evolving with technological advancements and market changes. Andreas acknowledges the role of artificial intelligence in enhancing efficiency. “AI is a valuable tool, but it’s just one part of our strategy. While it can assist in wealth management, sensitive client issues require a human touch. We prioritize addressing clients’ emotional concerns and providing reassurance during uncertain times.”

Expressing gratitude for his role, Andreas concludes, “This profession is truly rewarding. People value their finances, health and family. Being a part of their journey is a tremendous honor. It’s incredibly gratifying when clients place their trust in us, which is why I have no plans to retire. Our team is composed of dedicated professionals in their 20s, 30s, and 40s, eager to carry on our legacy and support future generations of clients.”

As Global Asset continues to expand its reach across multiple states and countries, Andreas envisions a broader presence in Texas and Florida. For more information, visit andreasglobal.com or contact 337-419-1855.