Mary Josephs had a promising career as an investment banker focusing on Fortune 500 companies, but it wasn’t all that interesting to her. In 2009, she left Bank of America and she took a risk, launching Verit Advisors. “There were a number of opportunities for me, but they were uninteresting to me compared with having the opportunity to grow and build something,” says Josephs. “It might sound insane, but I consider it a gift to work with the awesome people who are caretakers for their families’ legacies.”

Given the fact that most investment bankers are incentivized to close deals quickly, Josephs saw an opportunity. “It struck me that another approach could be to listen to the client and execute, not worry about when the deal happens,” says Josephs. That’s exactly what Josephs did when Maureen Beal came to her with her family’s company in 2010.

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