Beginning in 2004, Ty began working for The Vanguard Group in the Retail Investor Group Division, Core Client Services (clients with under $250,000 in assets with the firm). After 9 months, he was promoted to the Vanguard Flagship departments where he serviced clients with over $1 million in assets. It was during his time working directly with retail investors that Ty learned strategies for portfolio development, client services, a plain talk communication style, and how to discuss goals based investing strategies with a long term focus.
After 2.5 years working in the Retail Investor Group, Ty was promoted to the Institutional Investor Group Division, Institutional Retirement Plan Services (IRPS). From 2006 to 2008, Ty worked directly with employer sponsored plans by educating the employers on the benefits of adding the Roth 401k/403b feature to their plans. He partnered with payroll vendors, third party administrators, and the plan sponsors to help them understand how adding this plan feature would help their employees. In addition to working with the employers, Ty standardized the new process for adding the features to the plan and created the standard by which all other peers in his role would learn to add the feature.
In 2008, while still in IRPS was promoted to the role of supervisor in the division’s Participant Services Department. A month after his promotion Lehman Brothers collapsed and the Great Recession was just beginning. It was also during this time that Ty met Earl Shorter III. Earl was Ty’s mentor and fellow supervisor. Their teams worked side by side to serve participants in the retirement plans companies had with Vanguard. Ty’s team had two unifying visions, understand the client’s needs & teach others to serve. By 2010, Ty’s team was the number 1 team in all departmental client service metrics while also serving as coaches for other associates within the department. Of the 13 members on the team in December of 2009, 12 were promoted into new divisions by February of 2010.
After seeing 12/13 members of his team promoted into new roles, Ty was promoted into his last role at Vanguard, Manager of Sales Training for Financial Advisor Services. It was in this last role from 2010 through 2013, that Ty worked hand in hand with Heather Himes. Together they trained the wholesalers to think beyond Vanguard’s products and to focus on why clients work with a financial advisor. Also during this time, Ty and Heather began working with Tim Drake on many departmental initiatives such as, Launching Advisors Alpha, Regional Sales Conferences, and multiple fund launches. Together the three of us, leveraged innovative way of using technology to serve both clients and Vanguard employees as the company became more global.
In 2013, Ty left Vanguard and began his financial planning practice with a vision in mind of putting clients first. Through the years, he developed what has become the core values of Pegasus Financial Planning which are.
With these values in mind, Ty built his practice first with a small firm in Media, PA before eventually moving his practice to Lincoln Financial Advisors. While Ty was building his planning practice, Earl, Heather, and Tim all found different paths at Vanguard.
Earl would go on to become a supervisor in Vanguard Retail Investor Group division, Retail Retirement Center. It was working in this new division, Earl would work closely with Tim Catanzano and Peter Yerger. Tim Catanzano grew to become Earl’s go-to person at Vanguard for questions regarding small business retirement solutions while Peter Yerger was Earl’s resource for complex financial planning topics.
Also in late 2013, Heather would leave Vanguard to join Globus Medical. Working at Globus Medical gave Heather the opportunity of lifetime by allowing her to travel the world to educate various surgeons on various medical equipment developed by the company. While Heather was jet-setting the globe, Tim Drake went on to continue to lead marketing efforts for Vanguard targeted at helping financial advisors to understand and serve their clients. Over the next several years, Tim C., Earl, Peter, and Tim D. would all go on to leave Vanguard.
In 2019 as an independent advisor with Lincoln Financial Advisors, Ty began to expand his practice by founding Pegasus Financial Planning and he reconnected with Earl. During the CoVid-19 pandemic, Ty started to evaluate the future of Pegasus Financial Planning and how to bring a different approach to financial services industry. He knew he wanted to bring together the best minds in the industry with a common goal to create a fee-based firm designed with clients in mind. By September of 2020, Heather would join the firm as the Chief Operating Officer to guide the firm’s operations, client engagement, and advisor support initiatives. Soon after Peter Yerger joined the team as the Director of Financial Planning. By early 2021, Tim D. and Tim C. would both join the firm as Senior Financial Advisors bringing their unique skillsets to the firm. Looking towards the future, Pegasus Financial Planning will continue to serve clients and be a home for like minded advisors.