He was never fired but it almost happened once. I’m not saying he was proud of the slight chance to get canned; it’s more about how he handled the situation that was excellent. At the time, Jim Marren was bartending at Lakeridge Tennis Club while he was finishing his undergraduate degree from the University of Nevada, Reno. The boss almost let him go, but Jim explained he never received the proper training. Dave, the manager who Jim now remembers as his favorite boss, gave him one more chance and taught him everything he needed to know to keep a clean bar. Jim learned from this experience that sometimes you have to check your ego at the door and be willing to listen and learn.
I had to check my ego at the door, defer to my boss’s judgment and have a willingness to be taught.
After College the first position Jim took was teaching in middle school and coaching high school football. He loved being a coach but he dreamed of a business career that he could develop and grow. Not much time passed before he was recruited to work for Edward Jones in 2000. He greatly affected the growth of financial services in Northern Nevada while working 12 years for Edward Jones. By the time he opened an independently managed firm, he played a role in establishing over 50 Edward Jones offices in the area.
Because Jim sought after the opportunity to build his own business and lead with a new vision, he opened Reno Wealth Advisors an independent firm aligned with Raymond James in 2012. With this move, he went from being a W2 employee to operating as an independent contractor with a 1099. He invested in commercial space where he could grow a family wealth investment office, and in four years, Jim developed a business that manages over 155 million in assets. He’s an established financial advisor and people know that he’s excellent at what he does.
I wanted to focus on financial planning and opened my own firm, Reno Wealth Advisors, moving from a W2 employee to an independent contractor with a 1099.
When I asked him about plans for the future, he said that he’s expanding business to include clients in Las Vegas. Jim said that he’s ready for expansion because he’s built the perfect group of advisors for his firm. It’s all about identifying your strengths and developing a complimentary team. Someone has to be the visionary and another person pays attention to details and executes. He is humbled by his team who relentlessly listens to learn, improve and grow. With the right people on the bus combined with his background growing up in Vegas, Jim’s firm is already managing over 40 million in assets from clients in Southern Nevada.
In addition to running one of the leading independent financial services firms in Nevada, Jim is the President of the Prospectors Club; he’s the head of the Investment Committee for Boys & Girls Club; he Chairs the University of Nevada, Reno Planned Giving Council, and he’s a Professional Advisor to the Community Foundation of Western Nevada. That list doesn’t even include his favorite service to the community: Head Baseball Coach to the AA Yankees of Washoe Little League and Head Coach of the TenU Padres of the Sierra Girls Softball League. I asked him what drives him to be excellent and he said it’s his enthusiasm and passion for life. He believes in people and always strives to go the extra mile.
I’m a supporter of everyone and believe that you have to do what you say you’re going to do and always strive to go the extra mile.
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