Broker Check
Andrew Despotakis

Andrew Despotakis, CFP®



  • B.S. , Finance – William Paterson University of New Jersey
  • B.S. , Financial Planning – William Paterson University of New Jersey
  • Series 7, Series 66
  • Life, Health & Variable Insurance License: NJ


Andrew Despotakis is a Financial Planner at Ela Financial Group.  He was born in Queens, New York and graduated from William Paterson University with a dual major in Finance and Financial Planning where he received the highest possible scholastic honors for a student attending an AACSB Accredited University.  He began his career in financial planning research at a $1B local firm, conducting complex investment, tax, insurance, and estate planning analyses for the firm’s book of business.  He later attained the CERTIFIED FINANCIAL PLANNERTM designation and managed over $120 Million dollars of client assets before joining Ela, Financial Group, Inc.


Andrew’s areas of specialization include:

  • Wealth accumulation planning
  • Retirement income planning
  • Pre & Post Retirement Planning
  • Social Security Planning
  • Risk transfer techniques
  • Portfolio risk analysis & construction

Aside from being a financial planning nerd, Andrew is a published writer, pianist, avid reader and a New Jersey Devils fan.