Patrick Collins

Patrick Collins

Partner and Managing Director
Greenspring Advisors

Patrick Collins is one of the co-founders of the Towson-based company, which began in 2004 as Greenspring Wealth Management. It is now one of the five largest registered investment advisory firms in Maryland and is a fee-only firm that specializes in providing investment advisory services to retirement plan fiduciaries, foundations and endowments and wealth management services and financial planning to private investors.

What was the biggest lesson your organization learned from the COVID-19 pandemic?
We learned that more frequent and intentional communication was necessary to maintain our culture. Office pop-ins, water cooler talks or lunches with your teammates weren’t happening so we had to make sure to encourage this type of communication in other ways. We weren’t perfect, but weekly huddles, team meetings and unannounced Zoom calls were something we focused on. Fun events like a mentalist or trivia nights all done via Zoom were also important ways we were able to connect as a team.

What was your organization’s biggest success or shining moment during the pandemic?
The fact that our firm was able to grow significantly through the pandemic all the while coaching our clients through the worst market environment since the Great Recession is our biggest success.

How were you able to find time for yourself and your friends/family during the pandemic?
Given that travel and events were canceled I felt there was more time to spend with family and friends! We were able to do a lot of outdoor activities (hiking, golf, etc.) and as the restrictions were eased it was great to connect through small dinners or get-togethers.