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Local Edward Jones offices reach $100M milestone
Two Edward Jones offices in Floresville run by father and son have reached a significant milestone, passing the $100 million mark in combined assets. For financial advisors Al and Scott Lyssy, this achievement marks a high point in their efforts to provide the area with conservative financial advice.
Al Lyssy began his career as an Edward Jones advisor in 1996 after retiring as a firefighter for the city of San Antonio. A 1968 Texas State University graduate, he took over a struggling office in downtown Floresville with just over $3 million in assets. He grew the business with a conservative investment philosophy, acquired through his experience of owning the Pioneer Seed franchise, operating a small farm, and managing cattle.
In 1999, Scott began working for Edward Jones with his father in Floresville. He learned under many financial advisors while attending the McCombs School of Business at the University of Texas at Austin. Graduating with a degree in finance in 2005, Scott earned the position of Edward Jones financial advisor and took over a small office in Austin. After a year, he joined his father in Floresville, where Al had grown the assets in excess of $56 million. In 2008, Scott and Al decided to open a second Edward Jones office in Floresville, located in the H-E-B shopping center.
This past spring, Al and Scott celebrated more than $100 million in assets. These include savings and wealth built over many years in clients’ IRAs, 401ks, and other non-retirement accounts. When meeting with clients, the Lyssys emphasize the importance of listening and understanding their goals, time horizons, and comfort levels with risk.
Branch office administrators Sylvia Arocha and Amy Tackitt also support the clients; the Lyssys say their milestone could not have been reached without their dedication.
With 30 years of combined experience, the Lyssys look forward to helping families in South Texas find solutions to their financial needs for many years to come.
For more information, call Al at 830-393-2777 or Scott at 830-393-3941.
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