While it seems like only a short time ago that Mike and Debbie DeMatteo launched 10-15 Associates, 2016 marked the firms thirtieth anniversary. Prior to its founding, Mike and Debbie worked together at a regional investment bank in Connecticut where they would regularly discuss how working in an environment that was based on promoting commission-driven products was self-serving. They dreamed of starting an independent, fee-only investment advisory firm without proprietary products so that decision making would be completely objective and always in the client’s best interest. On October 15, 1986, that dream became a reality. The date held so much significance to them that they decided to reflect it in the firm’s name.
From the outset, Mike and Debbie believed that individual investors deserved the same personalized, customized solutions that Wall Street firms provide to their high net worth clients. They believed that the best way to serve their clients’ interests was to offer a conflict-free, transparent relationship. They also believed that the most valuable service they could provide was to help their clients safeguard and grow their most important asset—their retirement savings.
Since its inception, clients have referred their family and friends to the investment advisory firm and it has continued to grow. Mike and Debbie believe that building a successful investment management firm is done one household at a time. They also believe that they’re not in the money business . . . they’re in the people business.