My name is Andy Hafer. I’m the founder of Dynamic Communities, Incorporated.
Dynamic Communities came out of one of those needs that didn’t exist in the world. I was a chief information officer for a midsized manufacturing company and we had put in a software package that was brand new to the market. I couldn’t find people who could train on this software. I had to look far and wide.
I found people, pieced together a team and we were successful in training and implementing the software in our company. One thing led to another and I built this company that created sort of this peer to peer sharing of knowledge. And over the 15 years or so that it's been rolling, I feel really good about the people that we've helped.
I knew I needed to make a business transition when I preferred to have different roles other than leading the company, and I knew that we needed to grow capital to take it to the next level.
Some of the most valuable relationships I have with SunTrust now are really across the board.
The fact that all the components of a business transition were with the same company was fantastic.
We have a very unique business, and they took a tremendous amount of time to really get to know the industry and what made us valuable to an outside investor. I had the investment banker that knew everything about the tax implications and the estate planning and the wealth management and the commercial banking all sitting at the same table from the same company.
SunTrust did a fantastic job of educating me. My wealth advisor taught me all about how to raise the capital. She was fantastic at walking me through all the different options that I had, and really, we came out with some of the best conclusions.
Some of the best advice that I got from the SunTrust wealth advisor, that again I put so much trust in, has mostly to do with personal stuff. As an entrepreneur, you don't realize how much your business and personal life are intermingled. Things are going to change for you. Your emotions are going to change. The things that you want to accomplish in life are going to change.
Since the transaction I've been able to free some time up and do things that I'm a little bit more passionate about. One of the things is to establish a nonprofit organization that builds schools and hospitals in Haiti. I've been able to create scholarships for students at my local university. I really feel like my legacy is in good hands.
Financial confidence means to me that all fronts are taken care of and experts are looking out for my best interest and my family’s best interest. Dynamic Communities and all of the other businesses that it spurred on are my family.
We now have the capital, we have the corporate culture and the right leadership in place that I can play the right role, and it's going to continue to do good things in the world and be effective as a business going forward.
This content does not constitute legal, tax, accounting, financial or investment advice. You are encouraged to consult with competent legal, tax, accounting, financial or investment professionals based on your specific circumstances. We do not make any warranties as to accuracy or completeness of this information, do not endorse any third-party companies, products, or services described here, and take no liability for your use of this information.
SunTrust Bank, now Truist Bank, Member FDIC. ©2020 Truist Financial Corporation. SunTrust®, the SunTrust logo, and Truist are service marks of Truist Financial Corporation. All rights reserved.
Equal Housing Lender
Investment and Insurance Products:
All Truist mortgage professionals are registered on the Nationwide Mortgage Licensing System & Registry (NMLS), which promotes uniformity and transparency throughout the residential real estate industry. Search the NMLS Registry.Link opens a new window
Truist, SunTrust®, SunTrust PortfolioView, SunTrust Robinson Humphrey®, SunTrust Premier Program®, AMC Pinnacle®, AMC Premier®, Access 3®, Signature Advantage Brokerage, Custom Choice Loan®, SunTrust SummitView®, LightStream®, GFO Advisory Services®, BB&T®, BB&T Securities®, BB&T Sterling Advisors, Sterling Capital®, BB&T Investments, and BB&T Scott & Stringfellow® are service marks of Truist Financial Corporation. All rights reserved. All other trademarks are the property of their respective owners.
Services provided by the following affiliates of Truist Financial Corporation: Banking products and services, including loans and deposit accounts, are provided by SunTrust Bank and Branch Banking and Trust Company, both now Truist Bank, Member FDIC. Trust and investment management services are provided by SunTrust Bank and Branch Banking and Trust Company, both now Truist Bank, and SunTrust Delaware Trust Company. Securities, brokerage accounts and /or insurance (including annuities) are offered by SunTrust Investment Services, Inc. and BB&T Securities, LLC, P.J. Robb Variable Corp., and Precept Advisory Group, LLC, which are SEC registered broker-dealers, members FINRALink opens a new window, SIPCLink opens a new window, and a licensed insurance agency where applicable. Investment advisory services are offered by SunTrust Advisory Services, Inc., GFO Advisory Services, LLC, BB&T Securities, LLC, Sterling Capital Management, LLC, and BB&T Institutional Investment Advisors, Inc., each SEC registered investment advisers. BB&T Sterling Advisors, BB&T Investments and BB&T Scott & Stringfellow, are divisions of BB&T Securities, LLC. Mutual fund products are advised by Sterling Capital Management, LLC. Mortgage products and services are offered through SunTrust Mortgage, a tradename for SunTrust Bank now Truist Bank.
"SunTrust Advisors" may be officers and/or associated persons of the following affiliates of Truist Financial Corporation: SunTrust Bank now Truist Bank, our commercial bank, which provides banking, trust and asset management services; SunTrust Investment Services, Inc., a registered broker-dealer, which is a member of FINRALink opens a new window and SIPCLink opens a new window, and a licensed insurance agency, and which provides securities, annuities and life insurance products; SunTrust Advisory Services, Inc., a SEC registered investment adviser which provides Investment Advisory services.
SunTrust Private Wealth Management, International Wealth Management, GenSpring, Business Owner Specialty Group, Sports and Entertainment Group, and Legal and Medical Specialty Groups are marketing names used by SunTrust Bank now Truist Bank, SunTrust Investment Services, Inc., and SunTrust Advisory Services, Inc.
SunTrust Robinson Humphrey is the trade name for the corporate and investment banking services of Truist Financial Corporation and its subsidiaries, including SunTrust Robinson Humphrey, Inc., member FINRALink opens a new window and SIPCLink opens a new window.
Thank you for choosing SunTrust now Truist. We welcome the opportunity to serve your financial needs. While SunTrust and BB&T have merged to become Truist, both institutions will continue to offer independent product lines for a period of time. This may include differing underwriting guidelines, product features, terms, fees, and pricing.
Our friendly teammates at your local BB&T branches will be happy to walk you through their products. You can also learn more by contacting them at 1-800-BANK-BBT or BBT.com.