Eric R. Tesche --- Managing Director

Mr. Eric Tesche is a Managing Director of Ambassador Financial Group Inc (AFG), a FINRA licensed fixed income broker-dealer. 

Mr. Tesche has a wide range of experience in the financial services industry and is currently involved in the strategic direction and management of AFG. He is responsible for review of all supervisory policies of the firm as well as oversight and implementation of the Anti-Money Laundering Program. Mr. Tesche provides fixed income investment services to banks, insurance companies, and other middle-market institutions. 

From 1996 to September 2006, Mr. Tesche was an executive and salesman with a boutique registered broker/dealer located in the Lehigh Valley, PA. Mr. Tesche specialized in analyzing community banks’ financial statements for past performance, current position, and future potential. From this analysis, it was his responsibility to advise senior management and boards of directors on specific strategies and tactics to enhance shareholder value. It was also his responsibility to analyze banks’ investment portfolios and make recommendations to maximize their balance sheets’ risk/return profiles. He attempted to meet earnings goals while managing sensitivities to interest rate risk, liquidity risk, optionality risk, and credit risk.

From 1993 to 1996 Mr. Tesche was the Sales Assistant/Trader for the boutique broker-dealer. His primary responsibility was to oversee the trading of bank-qualified municipal bonds and taxable securities. This task was accomplished by co-developing a network of over 90 broker/dealers to transact business as well as by understanding clients’ needs. 

Mr. Tesche holds his Series 24, 7, 62 and 63 licenses from the NASD and graduated from Moravian College in Bethlehem PA 1993 with a Bachelor’s Degree. He was a double major in Economics and Political Science.

Mr. Tesche and his wife, Melissa, have two children – Luke and Sara. On a personal note, he enjoys spending time in the outdoors (especially Yellowstone National Park), and is an avid sports fan (especially of the Pittsburgh Steelers).