Vinny Parascandola is an American businessman and financial investor. He attended Pace University – Lubin School of Business and received his Bachelor of Science degree in the Computer Science field.
Mr. Parascondola began his career as a Systems Analyst at Irvine Trust Company in the late 1980s. He moved to become an Agent at Prudential Insurance. He began at the MONY Group in 1990 and worked his way up to Field Vice President by 2005. Since 2005, he has been operating in many different sectors of AXA Equitable.
AXA Equitable is a financial investment company that has been in operation since 1859. They provide investment advice, retirement planning, and life insurance to give their clients peace of mind. Mr. Parascondola joined this company in 1995 as the Executive Vice President. He quickly moved to the positions of President-Advantage Group and President-Northern Division, respectively. In 2009, he accepted the post of President-Continental Division, and then to the Chief Sales Officer and President. His final and current position are Senior Executive Vice President of AXA US. Vincent Parascondola oversees over 220 employees in the Central New Jersey area. He is in charge of recruiting new financial advisors and making sure they’re trained to the best of their abilities, improving productivity and sales, and maintaining profit margins.
Mr. Parascandola is known for his philanthropy work. He is directly involved in the AXA Achievement Scholarship fund. This fund donates over $1 million and provides high school students with either $2,500, $10,000 or $25,000 scholarships. He also assists with the AXA Foundation. This foundation reaches out to the community and provides workshops, seminars, encourages community engagement, and achievement. They recruit volunteers to work with local non-profits with plans for disaster preparedness, disease prevention, health awareness, accident prevention, and resources to help at-risk youth.
Mr. Parascandola has a long career that revolves around improving people’s quality of life and their financial stability. He is also very active in various non-profit organizations and touches many lives through his work.