Founder and CEO,
- Wanted to be an aerospace engineer growing up.
- He was cast on the HGTV House Hunters with his wife for the episode "Buying on a Budget in Manhattan."
- His guilty pleasure is pistachio frozen yogurt.
Being flexible led Sahil Vakil, founder of MYRA Wealth, from aerospace engineering to financial advising for immigrants.
While finishing up a Master's degree in electrical engineering, he audited an MBA finance class for personal interest and to expand his job prospects in a tight job market. It was a good idea, as it helped him land an aerospace consulting position with Ernst & Young in 2008.
As the economic meltdown proceeded, Mr. Vakil got pulled into more and more financial services projects and became interested enough in the investment management industry to independently pursue a Certified Financial Analyst designation.
Eventually, MBA financial planning and entrepreneurship classes at Wharton converged to transform his life.
“As an immigrant to the U.S., I felt totally overwhelmed in terms of financial planning and I couldn’t find one person who specialized in personal finances for people in my situation,” said Mr. Vakil, who grew up in Mumbai, India. “I realized there was a gap in the industry.”
Mr. Vakil decided to address that gap and launched his practice in response, naming his firm in honor of his newborn daughter, Myra.
He also gives back to the industry by serving on the XY Planning Network advisory board, the CFP Board’s mentor program, as well as on several industry diversity and inclusion committees.
— Deborah Nason