Mario Romano believed that hard work, great products, dedication and execution were the necessary ingredients of success. According to Mario Romano, the team at Wealth Engineering identified the best products, they worked tirelessly to execute the mass marketing of those products and then, says Mario Romano, they used personal capital to launch the entire show. After four years, however, Mario Romano says that their capital was exhausted – even though success appeared imminent.
Mario Romano and his firm were in a dire situation in the worst economy of record. The question loomed for Mario Romano and his partners: What options existed? Mario Romano knew that in the midst of every great crisis there is an opportunity for those who have clear vision. Mario Romano and his team dedicated every moment of their time and all their efforts towards the goal, but they could not manufacture “cash.”
At this moment of decision, Mario Romano and his partner agreed to sell 20% of their company. Not an easy decision when so much of their own capital and time was invested to reach what Mario Romano believed was the last furlong. Nonetheless, Mario Romano hired a third party consultant to provide an independent valuation and quickly gained partners through the sale of 15% of the company equity. This brought Mario Romano the resources needed to secure Wealth Engineering’s largest contract to date, which included sales in nearly twelve territories in Asia.
Initially Mario Romano felt they could stop here. However, Mario Romano and his partners uncovered additional opportunities that will significantly benefit Mario Romano, Wealth Engineering and the new partners. Instead of keeping additional equity, Mario Romano and the company’s other stake holders continue to seek additional partners to further expand and stabilize Wealth Engineering.
Mario Romano’s resolve remains firm. He states, “I will not stop until we reach our objectives and this commitment knows no boundaries.”
Mario Romano began his Wall Street career at Lehman Brothers in 1982. From then until the beginning of the new millennium, Mario Romano held several executive positions with a select group of Wall Street institutions. Mario Romano also served as CEO of Romano Enterprises LLC from May 2000 through December 2004. In 2005, Mario Romano co-founded Wealth Engineering & Development and through their combined efforts, Mario Romano contributed to securing the largest contractual agreements for the InvestView platform of Global Investor Services Inc. Mario Romano has fine-tuned motivational skills that have allowed him to establish, grow and manage a group of over 100 retail stockbrokers. With over twenty-five years of Wall Street experience, Mario Romano believes the time has come for individuals to learn how to manage and grow their wealth. Mario Romano dedicates his professional life to these objectives and strives to solidify Wealth Engineering as a leader in providing financial education to the masses worldwide.