Wealth Management Advisor, Summit Place
Elaine Lee is a Wealth Management Advisor at Summit Place. She joined Summit Place in 2016 after spending several years with a nearby firm. Elaine was drawn to Summit Place's unique approach to wealth management, offering clients comprehensive financial expertise along with concierge service. This approach resonated with her as she looked back on her earlier executive career in which she saw so many executives missing the value of a qualified advisor.
Elaine shares, “As my parents came to the ‘land of opportunity,’ it was ingrained in me that obtaining a good education was paramount and delaying gratification was a virtue. With this mindset, I spent my first paycheck wisely but also saved for my future. Years later, as the president and chief operating officer working with global brands, I was executing strategic growth plans and managing multi-million dollar budgets. Looking back, I wish I had a trusted professional helping guide my personal financial decisions when I was an executive. I was strapped for time and didn’t have the expertise to manage and grow my wealth or make strategic investment decisions to achieve my long-term goals. There’s a huge opportunity cost associated with not taking advantage of all the financial planning disciplines as you are accumulating your wealth. Investments, risk management, taxation, retirement and estate planning all work together to make sure you are preparing for your long-term goals; I’ve realized this is essential for successful executives.”
Having the opportunity to lead companies as president and chief operating officer, Elaine decided to take her business acumen and life experience to help people achieve their life goals. As a former executive, she understands the challenges of balancing a demanding career and family. As a CFP®, she adds value for her clients by helping them make sound decisions on complex financial matters.
Elaine is a member of the Financial Planners Association (FPA) and the Elks Lodge. She volunteers for Dress For Success where she is on the Professional Women’s Group committee. Elaine earned her B.S. in business administration and marketing from New York University’s Stern School of Business. Currently, she resides in Morris County with her husband and two daughters.