From his prolific career as an investment advisor to his continued presence as an influential soccer coach, Andrew Elsoffer leads an active, involved, and charitable life. Having graduated from University of Michigan in 1982 with a degree in Political Science and Business Administration, Andrew was quick to get involved in the professional world. Within a year of graduating, Andrew Elsoffer started Culinary Marketing Incorporated, which served to provide for catering, marketing, and event management needs. He often cites this business venture as a key player in the development of his entrepreneurial spirit.
Andrew spent 10 years in the event management industry before deciding it was time for a change. Around this time, Andrew Elsoffer accepted a position with Merrill Lynch in Cleveland, Ohio as a Wealth Management Advisor. In this role, Andrew was able to not only utilize skills he fostered in his previous career as well as his coaching experience, but he was able granted a unique opportunity to hone new skills in managing a financial team and guiding them toward success. Andrew now has more than 25 years of experience in the field.
One of Andrew Elsoffer’s key passions is soccer. A former player himself, Andrew enjoys coaching the sport and helping young players grow while enjoying themselves. Coaching provides Andrew a unique opportunity to engage with and influence a younger generation while also enjoying the sport he loves. Andrew Elsoffer believes that playing a part in promoting growth and pushing players to greater success is a great way to make a difference in the world one player at a time.
Outside of work and coaching, Andrew Elsoffer is also highly devoted to his community. He dedicates time to volunteer efforts whenever possible, and he has worked with several notable nonprofit organizations over the years including the Ronald McDonald House and The Cleveland Swim for Diabetes Association.
In all things, Andrew Elsoffer maintains a people-first philosophy. He strives to utilize the skills he’s cultivated in order to provide the best advice and guidance to his clients and his players. You can learn more about Andrew by visiting his website and following him on social media.
An Interview with Andrew Elsoffer
Question: What’s the most important thing we should know about you?
Andrew Elsoffer: I am a loyal, honest and generous individual, ready and willing to help others. I have embraced the old saying “It is better to give than receive” in my life. As a husband, father, son, brother, friend, and coach I have always focused on understanding, compassion, and accountability. I strive to do right by others while also staying true to myself. To borrow a quote from the author Oscar Wilde that expresses my approach to living life with integrity: “Be yourself; after all, everyone else is taken.”
Question: Name the most impactful lesson you learned from failure.
Andrew Elsoffer: The failure of my first business (and the benefit of hindsight) have helped me understand that the challenges of business require decisive responses and the necessary resources to address what needs to be fixed and or changed to improve client engagement, sales, productivity and bottom line performance.
Question: What did you waste the most time on when you were first starting your career?
Andrew Elsoffer: At the start of my career, I spent too much time planning for the future and not enough time focused on the details of my business in the early stages of development.
Question: Name a tool you use for work that you can’t live without.
Andrew Elsoffer: The Morningstar tool kit for financial advisors is imperative to my client portfolio management and financial planning capabilities.
Question: What is your favorite hobby and why?
Andrew Elsoffer: Outdoor biking is my favorite hobby. Any day with sky overhead, healthy activity, and a bit of adventure is a good day!
Question: What’s the greatest risk you’ve ever taken?
Andrew Elsoffer: The greatest risk was starting my first business in 1984. The resources required at that time involved taking on significant debt and a commitment of my life savings. The risk paid off for 10 years, but not to the degree of success I had hoped for.
Question: Name one small habit that positively impacts your productivity.
Andrew Elsoffer: The habit of a disciplined approach to business based on rules that provide a guideline for what works greatly impacts my productivity and efficiency.
Question: What book has made the biggest impact on your life?
Andrew Elsoffer: Chicken Soup for the Father’s Soul had a major impact on my life as it challenged my capacity to balance my career with family life and improve as a father as well as a husband. The book redirected my thinking to pay more attention to “what is important in life” and to restore the generous spirit it takes to be a good husband and father.
Question: Do you value intelligence or common sense more? Why?
Andrew Elsoffer: I value common sense more than intelligence; both require the mind, but common sense is facilitated by experience, perspective, and the heart.
Question: What would you consider to be the perfect day?
Andrew Elsoffer: A perfect day would be spent with family, enjoying the great outdoors with fun activity, good food, easy conversation, laughter, and peace. A beautiful sunrise and sunset would be the cherry on top!