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Robert J. Pachence, Jr.
--- Managing Partner, Portfolio Manager, Founder
Mr. Robert J. Pachence, Jr. is
co-founder and Managing Partner of Ambassador Partners, LLC, a financial
services holding company and parent company of Ambassador Financial
Group, Inc. (AFG) a FINRA licensed fixed income broker-dealer, and
Ambassador Capital Management, LLC (ACM), a dedicated asset manager.
Mr. Pachence has a wide range of
experience in the financial services industry and currently oversees the
strategic direction and management of Ambassador Partners, LLC and its
subsidiary companies. Through his association with AFG, Mr. Pachence
provides investment banking and fixed income investment services to
banks, insurance companies, and other middle-market institutions.
Through his association with ACM, Mr. Pachence co-manages a private
investment fund whose clients include accredited investors and qualified
clients.
From 1996 to September 2006, Mr. Pachence was an
executive with a boutique, registered broker/dealer located in the
Lehigh Valley, PA. As a Senior Bank Analyst, Mr. Pachence specialized
in analyzing community banks’ financial statements for past performance,
current position, and future potential. From this analysis, it was his
responsibility to advise senior management and boards of directors on
specific strategies and tactics to enhance shareholder value. It was
also his responsibility to analyze banks’ investment portfolios and make
recommendations to maximize their balance sheets’ risk/return profiles.
He attempted to meet earnings goals while managing sensitivities to
interest rate risk, liquidity risk, optionality risk, and credit risk.
Prior to Mr. Pachence’s promotion to Senior Bank
Analyst, he was the Senior Municipal Trader for the boutique
broker-dealer.
His primary responsibility was to
oversee the trading of bank-qualified municipal bonds and recognize
value within the market. This task was accomplished by co-developing a
network of over 90 broker/dealers to transact business as well as by
understanding clients’ needs. He was also responsible for establishing
lines of communication between banks and the firm’s municipal trading
desk to assist in clients’ purchases and sales of municipal bonds.
Mr. Pachence holds his Series 24, 7,
and 63 licenses from the NASD and graduated from the University of
Scranton in 1996 with a Bachelor’s Degree in Economics.
Mr. Pachence and his wife, Colleen,
have two sons – Robbie and Andrew. On a personal note, he enjoys
spending time with his family, playing the guitar, and is an avid sports
fan.
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