Friday, October 30, 2020

A Financial Services Family Affair


Terry McCreanor and his daughter, Coleen Hodsdon, opened Marco Island’s first Ameriprise Financial Services office in February. Photo by Don Manley

Terry McCreanor and his daughter, Coleen Hodsdon, opened Marco Island’s first Ameriprise Financial Services office in February. Photo by Don Manley

Marco Islanders Terry McCreanor and his daughter Coleen Hodsdon have been engaged in a collaboration, of sorts, since the moment of her birth.

Their relationship gained a professional aspect in 2007 when she joined her father’s office in Marco’s financial planning industry. McCreanor has been a financial advisor and branch manager for several financial services firms on the island for more than 30 years.

Since February, the father-daughter duo has been working together more closely than ever, with McCreanor’s opening of the island’s first Ameriprise Financial Services office.

“Ameriprise is new to Marco Island and we’re new to Ameriprise,” said Hodsdon, who is working directly under her father for the first time.

Founded in Minneapolis in 1894, Ameriprise provides financial planning, and products and services, including wealth management, asset management, insurance, annuities and estate planning.

McCreanor is the Marco location’s branch manager and managing director, while Hodsdon is a registered client service associate. Rounding out the office’s nucleus is McCreanor’s fellow managing director, Brad Bersh, who is also a financial advisor, along with Dana Messina.

Bersh and Messina are both well-established in the island’s financial services industry.

Whether at work or away from the office, close knit is an apt description for McCreanor and Hodsdon’s relationship, as is lighthearted.

When asked about now working closely with his daughter, McCreanor said, “Mostly, it’s wonderful,” before issuing a hearty laugh.

Hodsdon said she and her father are very much alike and “tend to be pretty in-synch” where their thinking is concerned.

“We get along pretty well and we work well together,” she added. “We are a family and with our clients, we feel like they’re family too.”

McCreanor moved his wife, Andrea, and their three young children to Marco in 1981 after being transferred here from Cleveland by the now-defunct Paine Webber financial services company. When that office closed one year later, he opened the local office of the A.G. Edwards & Sons, where he worked for 25 years, before joining the island’s Morgan Stanley branch for 10 years.

During his 44 years in the industry, his approach has remained one of, “managing money for conservative, income-oriented investors and small institutions.”

Hodsdon, the family’s middle child, was 10 when they arrived. She and her siblings: older brother Philip and younger sister Claudia, all attended local schools.

The sisters are Lely High School graduates, and graduates of the Florida Southern University and the University of Virginia, respectively. After attending St. John Neumann Catholic High School in Naples, Philip McCreanor graduated from the University of Miami. He’s now a professor of engineering at Mercer University in Macon, Ga., while his youngest sister is a CPA in Charlotte, for the Carlyle Group.

Aside from his professional pursuits, Mc- Creanor is also known on the island for utilizing hickory shafted golf clubs from the Gene Sarazen era on the links and as an advocate for Marco Island Academy. He also hosts an annual sporting clays event in memory of his good friend, the late Bill Rose, which serves as a fundraiser for MIA. He also hosts an annual pro-am golf tournament in Sarazen’s honor, “The Squire’s Pro-Am” that benefits MIA.

Hodsdon and her husband Ken, the owner of Southwest Florida Entertainment, have two sons, Cooper and Daniel, who currently attend the Atlanta Institute of Music and Media.

Ameriprise Financial Services’ Marco Island branch is located at 914 Park Ave., Suite B. For more information visit ameripriseadvisors.com/terrence.mccreanor/ or call 768-8834.

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