PDS Employee Spotlight – Noah Studenmund
Graduating from The Ohio State University Fisher College of Business with his BS in Finance, Noah Studenmund joined the PDS Planning team as a Client Relationship Manager in February 2021. Prior to joining PDS, Noah interned with and then joined full-time Columbus-based DiPerna Advisors, which is a public finance firm.
As a Client Relationship Manager for PDS Planning, Noah spends much of his time managing client information, scheduling, trading and money movement, and anything clients need help with on a day-to-day basis. One of three Client Relationship Managers at PDS, Noah works closest with Jimmy Rogers, Kurt Brown and the investment team on behalf of the firm’s asset management clients.
At PDS, we are proud to have a team of forward-thinking leaders, expert planners, and staff who approach our clients’ financial decisions the same way we approach investing our own money. Learn more about Noah’s role with PDS, as well as about how he spends his time away from work.
How do you think PDS is different from other financial planning firms?
We are definitely a younger firm, and I believe more forward-thinking than many firms. The fact that we are all near the same age and similar life stages allow us to have more in common and creates a true feeling of community among the PDS team.
That relationship also extends to our clients, as anyone could walk in the door and we will know who it is and what is going on in their life. That level of communication and personal relationship is very unique to see.
What is your favorite aspect of working at PDS?
The community feeling is the biggest thing for me – we know what is going on in each other’s lives outside of just a work relationship. Even if I didn’t work with my colleagues, I could still see myself doing things outside of work with them.
Is there anything that you experienced during the pandemic that you would like to see continued as things return to normal?
I think the pandemic demonstrated the benefits that come with having the flexibility of working from home from time to time. Everything shut down while I was still a student at Ohio State, so I worked remotely every day to finish out my degree and when I first started working full time. To be honest, the longer that went on the more I disliked it. But I do enjoy the flexibility that PDS has adopted in regards to working from home occasionally. Our team members do not have to be in the office every day and can still be very productive working from home – sometimes even more so. I think that flexibility is important and I think that will remain.
Other than that, the pandemic brought with it a lot of Zoom meetings in the beginning, but that is changing and we are having a lot more in-person meetings with our clients now. Technology was really important to stay connected with our clients and other than a glitch here or there, the transition caused by the pandemic was pretty seamless.
Do you see anything new on the horizon of the financial planning industry?
The prevalence of technology is going to continue to increase. The technology we are using now is just scratching the surface of what is out there and what is possible. For instance, you may see more “robo advisors,” which are automated Artificial Intelligence advisors. Based on your general situation, the robo advisor can guide you through the financial planning process.
While I do think that will increase in popularity, I am not a fan. It only offers one-sided guidance and does not do what is really in the best interest of the client based on their unique circumstances. They are easier and cheaper to use, making them more accessible for some people, but do not provide personalized guidance.
Tell us about your family
I am from Marysville, Ohio and graduated from a small high school called Fairbanks High School. I have an older brother who works in the Bowling Green State University admission recruitment department and a younger sister who is a senior at Ashland University studying nursing. My dad works for Columbus-Franklin County Metro Parks and my Mom is the guidance counselor at Fairbanks.
When you are not working, how do you like to spend your free time?
Our family does a lot of traveling together, including our most recent trip this past summer to Maine, New Hampshire, and Vermont. We have been to around 15 National Parks, and really love hiking and seeing the outdoors. We also like to travel to watch the Buckeyes play all over the Midwest with friends and family. In my free time, I spend as much time as possible outdoors, snowboarding, golfing, sports leagues, camping, hiking … you name it and I am there.
What are you reading/watching/listening to?
I am currently reading the Sherlock Holmes series, and I really enjoy mysteries and thrillers. I recently binged the first season of Yellowstone, but I am waiting to watch the 2nd and 3rd seasons until I have more free time and can watch all at one time.
As far as music goes, I like anything country and I love listening to live music. My friends and I try to go to as many country concerts as we can. Kip Moore is my favorite artist, so I would say his concert was the best concert I have been to, though there is some bias there. I also really enjoyed seeing Luke Combs in concert at the local fairgrounds as he was becoming popular.
Are you involved with PDS Cares?
PDS Cares was one of the things that caught my attention when I first interviewed with PDS. Volunteering and giving back to the community is important to me so I loved that they had this fund set up. My sister and several of my relatives ride in Pelotonia so not only was I able to donate to my sister’s fund but I thought it was really cool that my company also contributed on my behalf to something I feel so passionate about.
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