Getting to Know Your Allegiant Team: Karen Rivot

Karen Rivot, CFP®, joined Allegiant Private Advisors in the spring of 2019 with more than three decades of experience in the financial services industry. As a senior operations specialist, Karen is a member of both the Wealth Advisor and Client Service teams. We recently asked Karen to share insights into her career and path to Allegiant Private Advisors.

Karen Rivot Color SmallI’ve been at Allegiant Private Advisors for almost 6 months now and I couldn’t be happier! 

Looking back, it all started with my first visit to Sarasota to escape the cold winters of upstate New York.  I came down in February and swore that I’d never leave - and I haven’t.  I love the blue skies, the beaches and the never-ending sunshine. Sarasota is truly a paradise; you won’t hear me complain. 

My investment career began many years ago in Venice, Florida, with one of the largest brokerage companies in the world.   As a new graduate from State University of New York at Oneonta with a degree in Psychology, I had a lot to learn, but I immediately fell in love with the financial industry and knew that this is what I wanted to do with my life. 

I wanted to be in an industry where I could be true to my values.  My major focus in life is giving back to help others, whether it be families, animals or the community in general.  As I progressed in my career, I wanted to learn as much as I could and decided to obtain my CFP® (CERTIFIED FINANCIAL PLANNER™) certification.  The CFP® gave me a much clearer understanding of what it means to have a holistic approach to financial planning. Having the financial background as well as the educational foundation in psychology enables me to be most effective when I listen closely to clients' concerns, hopes and dreams.   

Another factor motivating me to serve in this industry has been seeing first-hand how devastating it is for families if there is no plan in place for unforeseen events.  I also have first-hand experience.  When I was only four years old, my father died, leaving my mom, older brother and me alone without life insurance or assets to help us through.  Luckily my mother was educated and—with a lot of hard work—helped the family forge ahead.  She was a major influence in my life, always encouraging education, self-sufficiency and a high sense of moral values.   Luckily my mom remarried a wonderful man and had two more children.  After I had lived in Sarasota for many years, my mom, stepfather, brother and sister moved down from New York and joined me here.  How lucky I have been to have my family nearby for so many years.  Unfortunately, my mom passed away six years ago from lung cancer.  My stepdad is almost 90 years old and I am blessed that we spend time together, going out to dinner every Tuesday. 

I currently live, work and play in downtown Sarasota along with my longtime companion Keith.  We have two rescue dogs and one rescue cat.  We spend time riding our sports bikes as well as venturing to North Carolina to ride in the summers. I have spent many years helping with animal rescue programs, particularly working to help alleviate the feral cat population in Sarasota. 

My professional career has included 20+ years at Merrill Lynch, more than a decade at SunTrust Investment Services and several years with HighTower Advisors. I was fortunate enough to work with Allegiant’s Operations Manager Kristina Eastmond during one of those past lives and we remained friends. She would always say how wonderful it was to work at Allegiant, how it was like a family. I finally decided to see what it was all about and was so impressed, coming on board immediately.

Now, I look forward to coming to work every day!   My colleagues demonstrate daily what it means to be an exceptional human being, showing compassion and support for each other while providing guidance, service, and advice for every client in our care.

Just like any solid financial plan, and as it’s certainly true with my own career, all good things come to those that wait! I’m so grateful to have found a home with Allegiant.