Partner/LPL Financial Advisor
Office: (612) 256-2208
Fax: (612) 200-3809
Meet financial advisor Mark Josephs
A More Personal Journey
Many of my clients already know what I consider to be the most important part of my story, my parents owning a mom & pop grocery store, Josephs Market, for 38 years on the West Side of St. Paul. Whether they heard about it when I knocked on their door while at Edward Jones or saw the three minute video that Pat and I include as a part of our retirement planning classes, they know what has shaped my life, values and work ethic the most.
My parents worked at that store seven days a week until they were 62 years old, then started taking social security early so they could take Sundays off. When they were 70, they finally started taking a second day per week off too. I tell people this because I want them to know how blessed I think I am and why they’ll never hear me complain. I am so fortunate to have the clients that I have and do the work that I do. I love what I do for a living, do NOT take it for granted…and, usually, do NOT work seven days a week.
I took a rather circuitous route to what I do today. I earned a degree in civil engineering from the University of Minnesota in 1995 and used it to join the Navy’s civil engineer corps. I served until 2000 before making my first career change, joining Goldman Sachs in New York City as a financial controller. I worked there for a year before deciding to come back home to pursue a masters degree in finance again at the U of M. After receiving my MBA, I started working in strategic planning for Honeywell International in 2002.
I really liked my job in corporate strategy, but I didn’t like the constant, unpredictable travel. This especially became a problem in 2007 because I had two little boys at home, Jensen and Tyler. Because of this, I left Honeywell, took a regional construction sales job for a couple years and finally made the jump to become a financial advisor in 2009. My theory was that being a financial advisor would allow me to continue working in strategy, just for individuals and families instead of big corporations, and I could do it locally.
Those first few years at Edward Jones were a grind.
I often worked seven days a week, much of that time spent walking the streets around my financial planning office in Mendota Heights, introducing myself and my business to the neighborhood. It was then that I realized, even though I was working extremely hard for very little, that I’d finally found a profession that I loved! Like my dad, I finally owned my own business…well, sort of, I was still an employee of Edward Jones, but the relationships I built with my customers were mine and I loved that!
In 2012, I changed firms from Edward Jones to Ameriprise Financial and started teaching community education courses on retirement planning on the side. I eventually teamed up with Patrick Murphy, who had a desire to do the same. Over the next few years, we started to team up more, teaching courses and working with clients to help them plan their retirement and get a handle on their finances.
In 2021, Pat and I made the decision to truly become business owners and go the independent financial advisor route.
We made the change because we wanted to have full control over the advice and recommendations that we made to our clients and to be sure that advice is in their best interests. I am humbled and grateful for the opportunity to help our clients pursue their financial goals and the trust they have placed in us. I look forward to being their advisor for many years to come!