Monday 25 July 2016

James Lukezic - Connection Between Education and Future Income

Most of those who have experienced success in the financial field, similar to James Lukezic a former Cornell alumnus, would agree that there is an obvious correlation between someone’s education and their future earning potential.

James Lukezic  

Your Education Level Influences Your Mean Earnings
According to 2009 data, there is an obvious correlation between education and earning ability. The mean annual earnings for those without a high school diploma stood at $20.000. That amount increased by as much as $11.000 among high-school graduates. Those who attended college but failed to obtain a degree had roughly the same mean earnings (plus $1000 annually).

An associate college degree resulted in a $41.000 mean salary, a bachelor’s degree clocked in at $57.000, and a master’s diploma at $74.000. The mean earnings linked to doctorate and professional degrees came in at 2nd and 1st, with $103.000 and $128.000, respectively. These numbers show a clear correlation between education level and earning ability.

Education Is an Investment
It is rather obvious that education should be looked upon as a future investment that very likely puts a cap on someone’s earning ability. By obtaining a master’s degree, PhD, MD or law degree, one virtually guarantees certain opportunities that are usually only available to a select few. The higher the level of education is, the lower the chances of having financial problems.

James Lukezic notes that while not all situations were created equal, and while some will never get the chance to pursue a higher education, all of those who have a realistic chance at it should do everything in their power to achieve these goals.

Monday 18 July 2016

James Lukezic - The Role of the SEC

As someone who has worked in the financial and investment field for many years, James Lukezic understands the role of the SEC quite well.

The SEC (‘Securities and Exchange Commission) was created by the United States Congress to monitor the American stock market. It holds supervisory power that extends to insider deals, as well.

Foundation

The organization was founded in 1934 in the middle of the Great Depression, five years after the infamous Black Friday when Wall Street crashed. The hope behind the process was to restore the lost confidence in the capital markets. The organization wanted to achieve this by monitoring every phase of the financial processes, making sure that the companies (as well as the brokers and dealers) conduct themselves in an honest and ethical manner.

The Whistleblower Program

The whistleblower program was created after the 2010 Dodd-Frank Wall Street and Consumer Protection Act, and is arguably the most powerful “weapon” in the hands of the SEC. It offers high rewards to those who share information that ultimately leads to certain law enforcement actions.

Organizational Structure

The president appoints the five commissioners, and one of them is elected as the chairman. To make sure that no political group can gain too much influence, it is mandated that a maximum of three members can come from the same political party. The organization consists of five divisions and has a grand total of 23 offices. The duties include interpretation and enforcement of certain financial rules, as well as overseeing the securities market and coordinating the regulatory processes.

As an experienced fiduciary, James Lukezic cannot emphasize just how important the role of the SEC is.

Sunday 10 July 2016

James Lukezic - Importance of Volunteerism

As someone who consistently volunteers to help various special needs organizations, James Lukezic understands the importance of giving back. As much as this process is about the aspects of giving and not necessarily about getting something in return, the volunteers benefit from the practice, too.

James Lukezic

 It Helps You Strengthen Relationships

Sharing an interest with someone is a special bond that can fuel relationships between people from all walks of life. If you volunteer with someone who you’re already in a relationship with, the bond between the two of you can strengthen even further. Volunteering also strengthens your ties to your local environment.

It Improves Your Interpersonal Skills

Having advanced interpersonal skills is one of the most relevant tools in a work environment. If you become a volunteer, you will frequently meet with a group of people who share at least one, but likely many more interests. That makes this process very similar to those that are usually present in a work environment.

It Helps You Bond with Your Family

If you have a young child or children, volunteering together can offer even more advantages. It is well-known that a child often learns certain patterns from their close environment. Showing some social sensibility is important because it teaches them to care for others and develop empathy.
Most frequent volunteers, such as James Lukezic, believe that pursuing this passion is the most rewarding when it comes from a place of genuine concern. However, if more people were to realize that the process can also offer actual advantages to the volunteers, the organizations would be in much better shape.

Friday 1 July 2016

James Lukezic - Becoming an Expert Sommelier

James Lukezic is a fine wine expert who regularly holds wine tasting events in New York City. Becoming a highly coveted sommelier like him requires the simultaneous presence of skill and devotion. But how to actually start? Here are a few tips.

James Lukezic Learn the Process

You can start by signing up for a wine tasting course that will help you learn some basics. While one’s taste can vary when it comes to wines, the wine tasting process – by professional standards – remains the same.

The Five Main Characteristics

How sweet is your wine? What about its acidity level? How dry it is? What kind of fruits can you taste in it? What can you tell about its body? Learning to find and differentiate these characteristics in a wine will allow you to accurately pin-point its vintage and to determine its quality.

Attend a Seminar

Once your taste bulbs are capable of recognizing previously mentioned qualities and you develop a core base for the abilities you will need as a sommelier, attending a seminar is definitely the next step. If you find the right place with a good reputation, they can likely show you every trick in the book. How you have to concentrate on the feel at the top of your tongue when tasting to determine a wine’s sweetness, or the fact that a wine with a higher viscosity clings onto the side of your glass a little longer.

There is such a thing as a natural in wine tasting, but even if you have that innate ability with finely-tuned senses like James Lukezic, attending a course can help you to utilize your skills better.

Monday 20 June 2016

James Lukezic - A History of Cornell University

James Lukezic has been working as a financial advisor for over thirteen years. His success in the field has been in part due to his exceptional education. Mr. Lukezic had the rare privilege of attending one of the most prestigious schools in America, Cornell University. Mr. Lukezic received a Bachelor of Science from Cornell, which would act as the foundation for his education and career to be built upon.

Cornell did not just play a big role in the development of Mr. Lukezic, but the American education system as well. The history of Cornell is a unique one. The university started when Andrew Dickson White of Syracuse and Ezra Cornell of Ithaca coming together to establish the university in Ithaca, New York in 1865.
Cornell was initially funded by Ezra Cornell’s contribution of $400,000. Cornell was a passionate man that believed in education and philanthropy. He was also a newly elected member of the state senate while he was creating the university.

Interestingly enough, Mr. Cornell was not a man that came from money. He was a self-made businessman, one that made a fortune on the Western Union Telegraph Company through stock he received while it was forming. The twist of fate turned Mr. Cornell, a man that had been poor for most of his life, into a philanthropist. It was then that Cornell found his best contribution was to establish a college for practical pursuits, one that allowed the poor to seek an equal education.

James Lukezic and many like him learned much through Cornell University, all thanks to the actions of one man many years ago.

Source(s): ​https://en.wikipedia.org/wiki/History_of_Cornell_University

Monday 13 June 2016

James Lukezic - Introduction to the American Helicopter Society

James Lukezic has worked as a financial advisor in fiduciary governance for over thirteen years. While he is passionate about his job, Mr. Lukezic has many other interests as well. As a result, Mr. Lukezic is not just a member of the NYC Fencer’s Club, but also the American Helicopter Society (AHS).

The AHS is a non-profit technical organization designed for scientists, engineers, and others working on or interested in helicopters, or any form of vertical flight technology. Currently the organization has two dozen active chapters around the world. AHS has over 70 corporate members, and 28 educational members.

The AHS was created in 1943. In the beginning the society was primarily known for the publishing of a vertical flight technology magazine called, “Vertiflite”. The AHS would also publish “The Journal of the American Helicopter Society (JAHS). The purpose of these publications, and the society itself has always been to “enhance the understanding of vertical flight technology”.

The AHS official website states that the non-profit organization’s vision is, “To provide global leadership for scientific, technical, educational, and legislative initiatives that advance the state-of-the-art of vertical flight.”

The AHS accomplishes their goals in many ways, including awarding $50,000 in annual scholarships. The organization also sponsors an annual student design competition to encourage innovation and youth development. The AHS is the world’s oldest and largest technical society that is dedicated to understanding vertical flight.

James Lukezic became a part of the AHS because of his interest not just in helicopters and other flying devices, but to make a contribution to the community.


Thursday 9 June 2016

James Lukezic - ERISA Explained

James Lukezic is a financial advisor that specializes in retirement plans, services, and fiduciary governance. He has over thirteen years of experience in the field, working for a variety of clients. Mr. Lukezic’s experience and skill set allowed him to become the Director of Investments with Oppenheimer & Company, Inc. Mr. Lukezic’s position within the company requires a substantial knowledge of ERISA, also known as the Employee Retirement Income Security Act.

ERISA is an important part of retirement planning, as the act was designed to protect the assets of millions of Americans to ensure that the funds placed in retirement plans would still be there when employees retired. The real purpose of ERISA was to establish standards for retirement plans.

If an employer has a pension plan, ERISA enforces certain rules that must be associated with those plans. For instance, ERISA specifies at what time an employee must be allowed to become a pension plan participant, how long they have to work before they have a non-forfeitable interest in their pension, how long an employee can be away from a job before it affects benefits, and whether their spouse has a right to part of the pension in the event of death.

It is important to note that though ERISA establishes strict standards for a pension plan, it does not require an employer to establish a pension plan. IF an employer does choose to have a benefits plan however, they must abide by ERISA regulation. That is why fiduciary advisors like James Lukezic have such a familiarity with the act.