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Andrew Krongold Named Partner at Spinnaker Investment Group

Spinnaker Investment Group
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Andrew Krongold Named Partner at Spinnaker Investment Group

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Vice President of Investments Andrew Krongold has been named partner in Spinnaker Investment Group, announced company CEO and Chief Investment Officer Morgan Christen. Krongold joins Christen and company president Joseph Stapleton as partners in the seven-member firm, which has more than $330 Million in assets under management.

Krongold has served as Vice President since the firm’s launch in 2016, providing CFO-level services for businesses and individuals such as customized investment management, life insurance, pension plans, and executive compensation solutions. At Spinnaker he provides leadership on the firm’s investment committee and guides marketing and technological innovation efforts.  He holds numerous licenses and professional designations, including Chartered Retirement Planning Counselor.

“We are proud to welcome Andrew as an equity partner of Spinnaker Investment Group,” Christen said.  “He is one of the big reasons we have been named among Orange County’s fastest-growing companies for two years in a row.  Andrew not only continues to provide his clients with world-class financial services but also is a valued community leader making a difference in Southern California.”

Krongold developed a passion for investments and teaching others about investing at an early age. He made his first stock purchase at 13 and chose wealth management as a career path soon after graduating from high school.  “As a kid I was fascinated with the idea that you could buy a piece of a large company,” he said.

Trading stocks and managing 401k plans early on provided great perspective on the highs and lows investors experience, he added.  “Having personally experienced the emotions associated with both making and losing money, I knew I wanted to join a firm that was independent and focused on the needs of clients, rather than be obliged to sell the financial products offered by a large institutional firm,” said Krongold.

Andrew is active in the community of Orange County where he is a mentor with Big Brothers Big Sisters of Orange County, a Board member for the NextGen division of the Jewish Federation & Family Services of Orange County, and a board member of the Tocqueville Society of Orange County United Way. In 2019, Krongold was named one of “40 under 40” by the Irvine Chamber of Commerce, in recognition of his accomplishments and service.

A graduate from the University of California San Diego with a Bachelor of Arts degree in Economics, Krongold and his wife are residents of Costa Mesa, Calif.

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About Spinnaker Investment Group, LLC:

Spinnaker Investment Group, LLC is a privately owned, boutique Investment Company that cares deeply about its clients and is committed to helping them realize their financial independence.   The company’s mission is to deliver the highest level of comprehensive wealth management service, helping customers achieve their financial goals and ultimately establish a safe, secure future.   With more than 30 years of combined investment experience, the Spinnaker team supports this mission by providing expert financial planning, wealth planning, retirement planning, asset management, securities and insurance.  For more information, visit www.SpinnInvest.com.

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Coalition For Clean Air Recognizes TTSI for Sustainable Initiatives

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The Coalition For Clean Air awarded what is known as the highest award focusing on air quality initiatives to Total Transportation Services, Inc. (TTSI) during the 28th annual Clean Air Awards program. TTSI is a Southern California-based logistics leader specializing in distributing imports throughout North America. TTSI President Victor La Rosa was part of the recognition for spearheading efforts in creating a sustainable company culture and operations, specifically related diesel truck fleets.

“When we committed to the zero-emission transportation pathway, all the technology companies who are manufacturing in the alternative fuels sector sought us out, said Vic La Rosa. “At TTSI, we’ve all learned about alternative fuel technologies, sustainability, and why reducing emissions from diesel matters. We are committed to the environment. We have a Director of Compliance and Sustainability, which has been very fruitful for TTSI, as they’ve been able to focus on what new technologies are emerging that we should incorporate.”

The annual Coalition for Clean Air evaluates and identifies leaders promoting environmental awareness and sustainable initiatives throughout California. TTSI’s focus on clean technology in trucking and supply chain industries is attributed for this year’s recognition, adding to previous recognition from the EPA, the California Air Resources Board and many  Congressional members.

“This year’s California Air Quality Awards Honoree, Vic La Rosa, founded TTSI in 1986, to create a customer-focused business that makes a difference in the trucking industry. TTSI distinguished itself early on by its commitment to sustainable practices and by fostering a company-wide awareness of the urgency to reduce diesel emissions. Vic has tested and put in operation every single type of heavy-duty truck available and has set himself the ambitious goal of converting his entire fleet to zero or near-zero-emission vehicles by 2020,” said the Coalition for Clean Air.

“Vic La Rosa understands clearly that the market is dominated by outdated diesel vehicles and feels there is room for all available clean technologies like renewable natural gas, hydrogen, battery or fuel cell technology,” said Joe Lyou, President & CEO, Coalition for Clean Air and a board member at the South Coast Air Quality Management District. “Like us, Vic hopes that the technology providers will come together to remove diesel trucks from California roads so that we can start making progress toward a clean air future! We’re going to clean up the trucks that use the ports, rail yards and warehouses and Vic is the guy who’s making that happen.”

Source: EIN News

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Americana Holdings Announces Major Real Estate Acquisition

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Berkshire Hathaway HomeServices real estate franchise, Americana Holdings, announced the acquisition of Tarbell, Realtors® this week. Tarbell is known for the operation of 20 Southern California-based offices. Family-owned Tarbell boasted $1.1 billion in sales for 2018.

“Culture is everything,” he said. “To find a company with the same thought process and has treated their people in such a positive and supportive manner is key. It’s unusual to find two organizations so committed to their people and to sustaining a quality culture – we’re a great match. We look forward to sharing all our support in helping these professionals further grow their businesses and provide even more value and service to their clients.”

Through the acquisition, Americana Holdings added 11 Tarbell offices around Orange County and Palm Springs. Office locations include Anaheim Hills, Lake Elsinore, La Quinta, Murrieta (French Valley and Menifee), Oasis Country Club, Palm Desert, Palm Springs, Temecula, Upland and Yorba Linda. Tarbell’s remaining offices were acquired by Berkshire Hathaway HomeServices franchises based in San Diego, Redlands and Cerritos.

“We’re excited to have found a real estate network that shares the same passion for the business that my family has had for generations,” said Ron Tarbell, CEO of Tarbell, Realtors®. “Our company’s standards of integrity, professionalism and service to the communities we serve are perfectly aligned with those of the Berkshire Hathaway HomeServices brand.”

“This merger continues the expansion of our California market presence, which has been a focus for our company,” said Gordon Miles, president and COO of Americana Holdings. “It continues to enhance our footprint in our Orange County and desert communities, while opening opportunities in new areas in which we weren’t previously represented.”

“Our primary objective at Berkshire Hathaway HomeServices is to help our network members grow,” said Gino Blefari, chairman of the network. “We are delighted to announce this transaction as Tarbell, Realtors® has a strong and distinguished legacy in the marketplace and has always attracted top real estate professionals. These professionals will further strengthen our brand and add significant value to the brokerages involved.”

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Southern California Inherits First All-Electric Refuse Truck for Residential Collection

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Build Your Dreams (BYD) makes its mark in Carson, California with the delivery of its 8R Class 8 Automated Side Loader (ASL) to Waste Management Resources, a subsidiary of Waste Resource Technologies, Inc. (“WRT”). The heavy duty truck represents the first electric refuse truck to operate in a residential region in Southern California. Its features include a BYD-built cab, chassis and propulsion system along with an Amrep built ASL body.

“Amrep has earned a reputation for its unsurpassed and personal service, listening to customers and standing by its products,” said Eric Mattson, Amrep vice president and general manager. “Partnering with BYD on this electric truck is further evidence of our being in tune with the market and giving customers what they want and need.”

Waste Resources has already placed an additional order for the 8R Class 8 ASL as well as two of BYD’s 6R Class 6 Electric Refuse Trucks. Beyond the zero-emission benefits provided by BYD’s electric trucks, they provide a cost-effective option as they operate with a lower amount of moving parts than found with carbon burning trucks, simplifying overall maintenance efforts.

“WRT is a forward-thinking company that is embracing zero-emission technology for the benefit of the communities it serves,” said John Gerra, BYD Director of Business Development, Electric Trucks. “And we’re very happy with the great work that Amrep does to help provide our customers with state-of-the-art zero-emission electric trucks.”

“Electric collection trucks are part of our strategy to use clean, green and sustainable technologies for waste collection, processing and conversion. We applaud the City of Carson, California for allowing us the opportunity to roll out these technologically-advanced collection vehicles,” said Tommy Gendal, COO of WRT and Waste Resources.