PNC Capital Markets has announced their acquisition of Ambassador Financial Group, subject to closing conditions. This web site is scheduled to transition to PNC on April 12th.


Eric R. Tesche

Phone610-351-1633 x102
Executive Director, Senior Strategic Advisor

Eric Tesche is Executive Director at Ambassador Financial Group. Eric provides fixed income investment services to banks, insurance companies, and other middle-market institutions. He is also involved in the strategic direction and management of the firm.

Eric works with senior management teams of financial institutions to develop detailed strategic balance sheet restructuring plans tailored to institutions’ corporate planning goals. Eric works closely with his customers to develop and execute investment portfolio strategies. He also participates in ALCO facilitation for his clients and discusses trends in the economy, interest rates and banking issues.

Prior to joining Ambassador in 2006, Eric spent 10 years as a senior bank analyst with a boutique registered broker/dealer located in the Lehigh Valley, PA. He specialized in analyzing community banks’ financial statements for past performance, current position, and future potential. He advised senior management and boards of directors on specific strategies and tactics to enhance shareholder value. He also analyzed banks’ investment portfolios and made recommendations to maximize their balance sheets’ risk/return profiles.

Eric earned a Bachelor of Arts degree from Moravian College with a double major in Economics and Political Science. He holds Series 7, 62, 63, 24 and 79 designations. Eric and his wife Melissa live in Coopersburg, PA with their two children Luke and Sara. Eric enjoys spending time in the outdoors (especially Yellowstone National Park) and is an avid sports fan (especially of the Pittsburgh Steelers).