The year is 1989. Phil Serra, who is in his mid-20s at the time, has just taken on a new role as an account executive at , the wealth and investment management division of Bank of America. Naturally looking to dress for success at his brand-new job, the Detroit native decides to use one of his first paychecks to buy a single-breasted blue suit from .
Thirty-four years later, the 59-year-old West Bloomfield Township resident is still going strong at Merrill, where he has risen to become a wealth management adviser, as well as managing director of his own team of advisers under The Serra Group.
In this position, he helps clients set and meet goals, 鈥渨hether it鈥檚 securing a mortgage on a new house, getting a line of credit for business, or helping the next generation get started with budgeting and financial planning,鈥 he says. Serra also serves as an ambassador for Better Money Habits, a free finan- cial education platform from Bank of America, through which he promotes financial literacy at local schools.
To this day, Serra buys all his dress clothes from Cicchini, crediting the late founder, Paul Cicchini, and the shop鈥檚 team for keeping him sharp over the past four decades.
Here, Serra talks about all things suits and more.
My personal style is 鈥
Business chic. [My style] has gotten a little less formal, but I still wear a tie. I鈥檓 rarely without a vest; with all my suits I wear to work and to client dinners, I usually include a customized vest.
What鈥檚 your all-time favorite look?
I call it the 鈥淔rank Sinatra jacket鈥 鈥 I鈥檓 100-percent Italian and absolutely obsessed with Frank Sinatra music. It鈥檚 a red sports coat with a subtle, black checker print that I got about 10 years ago. I wear it a lot. I like to pair it with a nice pair of black slacks and a coordinating red vest.
I can鈥檛 leave the house without 鈥
A pocket square in my sports coat. And a great attitude to start the day!
On experimenting with colors and prints:
I left public accounting to pursue a career on Wall Street, and I wanted to have conservative colors. I started with a lot of blues and grays. And only in the last 10-15 years, have I ventured out to more fashion- able styles and colors, if you will. I think just getting more involved with dinners, charities, and entertain- ing, I wanted to broaden the selection of fashions and colors in my wardrobe. I鈥檝e got a green-ish outfit I wear during the spring, especially on St. Patrick鈥檚 Day, and then some houndstooth sports coats.
My favorite decade of men鈥檚 fashion:
It would be the 1950s-鈥60s, during the Rat Pack [era] 鈥 Frank Sinatra, Dean Martin, and Sammy Davis Jr. I go to the annual Cars & Cigars Smoke Detroit charity event every year, and I wear my favorite 鈥淩at Pack outfit鈥 with a fedora.
Where I like to wine and dine:
Nonna Maria鈥檚, a very quaint, small Italian restaurant in West Bloomfield. Nonna Maria鈥檚 is owned by my friend John Gallagher. His family opened it back in the mid-鈥70s, and he鈥檚 [since] taken over and rebranded it. It is a great place to have a drink, a fabulous place to eat and entertain or take someone out.
Where I go to enjoy the arts:
The is a godsend. I know I鈥檓 preaching to the choir, but it鈥檚 such a treasured institution. I went there twice to see the Van Gogh in America exhibit, [which ended in early January]. I try to go to the DIA at least once or twice a year.
My favorite music genre is 鈥
Probably soft rock. Being born and raised here in Detroit, I鈥檓 a diehard Bob Seger fan. Yes, I love Frank Sinatra, but near and dear to my heart is Bob Seger.
How financial advising has impacted me:
It鈥檚 humbled me, it鈥檚 energized me, and it鈥檚 created in me a new level of passion that drives me to give back way more than I鈥檝e gotten out of it.
Learn more about Serra鈥檚 financial services at .听
This story is from the February 2023听issue of 香港六合彩图库资料 magazine. Read more in our digital edition. Check out even more fashion tips from stylish metro Detroiters at HourDetroit.com.听
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