Nick Preddice, Partner With Affinity Group, LLC

Manufacturing Matters with The Council of Industry

In this podcast episode, Harold King, President of the Council of Industry, sits down with Nick Preddice, Partner With Affinity Group, LLC.

The Affinity Group launched with the philosophy that purposeful financial management can create fulfilling lives. They also strongly believed that traditional methods could not fully accomplish what they wanted. Instead of perfecting a sequence of steps or pushing products, they focused on building strong relationships with their clients. Their goal was to build trust, credibility, and confidence. Since then, they have created many comprehensive wealth and life management plans that are tailored to each client’s unique circumstances. These plans not only guide their clients, but empower them with knowledge and confidence for future decisions. And, perhaps most importantly, their clients are finding and reaching new ambitions.

In this episode, Nick shares his journey from starting in the financial industry at a young age to becoming a seasoned expert in financial consulting. He discusses how Affinity Group has evolved into a comprehensive financial planning firm that focuses on the specific needs of business owners, with a particular emphasis on estate planning and succession planning. Nick provides valuable insights into the complexities of family businesses and generational transitions, drawing from his experiences working with clients over the years. He talks about the emotional challenges and issues that often arise during succession planning, including sibling rivalries, differing visions for the business, and the importance of open and honest communication within a family. As a seasoned leader in both the financial industry and the community, Nick also shares his thoughts on the importance of leadership and community involvement. He highlights the significance of building relationships, fostering collaboration, and aligning values to create positive change in the community.

For more information about Affinity Group visit their website at affinityadvs.com.

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The Council of Industry has been the manufacturer’s association of the Hudson Valley since 1910. We are a privately funded not-for-profit organization, whose mission is to promote the success of our member firms and their employees, and through them contribute to the success of the Hudson Valley Community. For more information about the Council of Industry visit our website at councilofindustry.org.