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STEM

Engineer by Training, Financial Entrepreneur by Trade: Joe DiMauro 鈥�02

Wednesday, September 21, 2016, By Matt Wheeler
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In an ideal world, every college freshman would be 100 percent decided on their major. You鈥檇 select it with a clear goal of where you want it to take you, commit yourself to the curriculum, pass with flying colors and then land a career in the precise industry you were aiming for.

Joe DiMauro

Joe DiMauro

We do not live in an ideal world.The good news is, that鈥檚 OK. The college experience contributes immensely to a journey of self-discovery and growth that leads to success in ways you would never see coming.

Take Joe DiMauro 鈥�02, for example. At the recommendation of his dad, he earned a degree in computer engineering. Today, he is a financial entrepreneur, ranked nationally as one of the industry鈥檚 top advisors. Although he鈥檚 not working with computers, he applies his engineering education every day. In fact, he credits his extraordinary success to what he learned in his engineering studies. We spoke with Joe to find out what it is about an engineering education that can lead to success in a seemingly completely unrelated field.

What was it like to be a student in the College of Engineering and Computer Science?

听鈥淲hen it came to the College of Engineering and Computer Science, you had to work your tail off. I had a lot of long nights, and that instilled a solid work ethic in me.

“I loved how we got to work on innovative projects and labs. I remember designing the prototype for an Internet-controlled house in 2002.听 Considering the fact that the Internet was still in its infancy at that time (compared to today鈥檚 standards), a design of that nature was, in many ways, very ahead of the curve.

“It was a great community of working with other people. That helped so much. You couldn鈥檛 do it all on your own, so you needed to work with teams to get through studying or difficult projects. Now I run a team of about 25 people. My teamwork skills came from my time in engineering.鈥�

What are you doing today?

听鈥淚鈥檓 the co-founder and managing partner of Matauro, which is a wealth management firm in NYC. Our clients are people that work in hedge funds, private equity and investment banks. We help them plan basic and complex investment and saving strategies.

“I live and work in Manhattan with my wife and kids. I married a fellow alum鈥擟ourtney Alexander 鈥�04. She was in Whitman and we never actually met when we were in 黑料不打烊, despite being there at the same time. We met in New York City three or four years later through mutual friends and now we are a 黑料不打烊 family. We have a four-year-old son, Alexander, and a two-year-old daughter, Stella.鈥�

Have you always had a special talent for finance?

听鈥淚 wouldn鈥檛 say that I did. 黑料不打烊 taught me that my successes didn鈥檛 come from having a particular knack for finance; my听successes听came from my听skills in interpersonal communication and the ability to work with my peers in听 a听 collaborative听way.听 This simple, but important, piece of self-knowledge is something that started me down a path that I continue to walk today.

“In the back of my mind,听I always knew that I had more of an entrepreneurial spirit. One of the things that persuaded me to start and work under AXA鈥檚 umbrella was the ability to pursue my own clients, and run my own business, in a way that I saw fit. This small idea of being in control of my own destiny is something that appeals to me to this day, and something I believe would have manifested itself even if had I pursued engineering as a career.鈥�

Have you ever felt you picked the wrong major?

鈥淵es, I definitely did at times. I鈥檇 wonder if I had spent my time the wrong way since I didn鈥檛 end up as an engineer. There were so many times when I was in a technical class and didn鈥檛 feel like I was ever going to use it. I didn鈥檛 realize until later on in my career that it was the best decision I ever made.

“One of the most interesting things about my engineering degree was that I didn鈥檛 need to get a job doing signal analysis to put it to work. My engineering background has given me the mindset and logical planning skills necessary to be able to excel in any field in the most intelligent and efficient way, and for that I am extremely grateful.

“It was about the process of learning how to solve a problem without having all of the answers in front of you. I think that鈥檚 the number one thing I got out of my engineering education that I still use to this day鈥攈ere鈥檚 a problem, how can you figure out an efficient solution. Very often, there鈥檚 no template to follow. I鈥檓 able to go down paths of execution that are very different than a lot of my peers. I owe that to engineering.鈥�

  • Author

Matt Wheeler

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