American businessman Andrew Frankel, currently holding the position of co-CEO at a prominent brokerage firm in New York, has garnered attention by tying the knot with Bridget Moynahan. The Hollywood actress is widely recognized for her notable performances, such as portraying Helen Wick in the action thriller film “John Wick” and Erin Reagan in the police procedural drama “Blue Bloods.”
Early Life and Family
Andrew David Frankel was born on 20 August 1974, in Philadelphia, Pennsylvania, USA, to parents Stuart and Sharyn Frankel. Growing up with his older brother Jeffrey, they were raised in a comfortable home that emphasized the importance of hard work. Despite his grandfather having only completed 10th grade in high school, he imparted the belief that work’s a continuous effort, 24 hours a day, seven days a week. The notion that there’s no such thing as working too hard or being off work became a guiding principle passed down from his father to Andrew and Jeffrey.
From a young age, this work ethic was ingrained in them during family dinners—encouraging them to engage in various activities, learn, be present, and listen. The Frankel children were accustomed to having jobs as they grew up. Even during breaks, such as when Andrew attended UCLA summer school when still in high school, his parents would inquire about his plans for the remaining six weeks of vacation. In response, he sought out and secured a job as a cabana boy across the street, while Jeffrey worked in a Chinese restaurant as a dishwasher.
Andrew’s parents founded Stuart Frankel & Co., the oldest independent broker on the New York Stock Exchange floor, dealing with direct buying and selling of stocks and financial products worldwide. Young Stuart desired to cash the bonds he received during his bar mitzvah to purchase IBM stocks. His father agreed to this request, but with the condition that Stuart read the Wall Street Journal daily to keep track of the company’s performance. In 1970, Stuart purchased his initial membership or “seat” on the New York Stock Exchange.
He conceived the idea of eliminating the middleman and directly engaging with clients on the exchange floor. Despite numerous discouragements due to the unprecedented nature of his plan, his wife Sharon provided positive support. In January 1973, Stuart Frankel & Co. was established with the simple objective of providing improved access to the trading floor for large organizations worldwide, offering services in both research and trade execution. Their primary selling point lies in offering clients anonymity, ensuring that the outside world remains unaware of their trading activities, and the extent of their transactions.
Education
Andrew graduated with a Bachelor’s degree in Economics from the University of Pennsylvania.
Career
One important lesson Andrew’s father consistently emphasized to both him and his brother was that their surname being Frankel didn’t automatically entitle them to anything. They had to earn their positions within the firm, which is why there were no plans to hire them immediately after finishing school. Andrew started his career at the hedge fund company Steinhardt Partners.
That being said, Andrew was familiar with how things worked at their company. Growing up, he recalled sitting at the dining room table, where upon returning home his dad would share his daily work experiences. Additionally, they regularly practiced scenarios at home, simulating situations on the crowded exchange floor, engaging in buying and selling exercises.
How Andrew got into the family business
In 1989, when his father turned 49 and desired to slow down, he contacted his son Jeffrey, who was working as a trader at a hedge fund company at the time. Stuart presented Jeffrey with two choices: either take over their business, or Stuart would sell it. Six months later, Jeffrey started working for the company. He acquired valuable insights and contributed significantly to the growth of the business. This progress prompted him to approach his brother Andrew, who was in the second semester of his senior year at the Wharton School and had plans to spend the last six months in Atlantic City. Jeffrey urged Andrew, stating, ‘Get in here. I can’t do this without you. I need you.’
Andrew initially had different plans, but saying no to his brother wasn’t an option; family always took precedence. It wasn’t a question of whether he would consider it, as the mere acknowledgment that he was needed was enough to sway his decision, so he joined the company after three and a half years in December 1993. When Andrew descended to the exchange floor, the reality he faced was far different from what he’d learned in economic textbooks. The experience was particularly nerve-wracking for him; he recalled that, for the first four months of his career, he could only manage to eat a turkey sandwich.
Notably, when Stuart handed over the reins to Andrew and Jeffrey, he stepped away from the trading floor. He wanted to avoid creating any discomfort for them, ensuring that they didn’t feel criticized for their decisions. Stuart was concerned about mirroring the behavior of other individuals who might resort to yelling, and sought to prevent that. He expressed a deep connection with these boys from the moment they were born and wouldn’t do anything to hurt or embarrass them.
Andrew as co-CEO
Andrew’s been with the Stuart Frankel & Co. for three decades, and has served as co-president for more than 20 years. He runs domestic and international trading, while also managing all marketing for the firm. He’s obtained licenses for specific certifications related to financial services, trading, and securities regulations, namely the Series 7, Series 24, Series 25, and Series 63 licenses.
Personal Life
Andrew’s connection with actress Bridget Moynahan drew public attention.
Who is Bridget Moynahan?
Kathryn Bridget Moynahan was born on 28 April 1971, in Binghamton, New York, USA. Commencing her career as a model, she seamlessly transitioned into acting. Her breakthrough came with her debut film “Coyote Ugly” (2000) in which she portrayed Rachel, a character working at a bar.
She’s widely recognized for her notable role playing Helen in the action thriller “John Wick,”, the wife of John Wick, portrayed by Keanu Reeves. Additionally, she’s a key cast member in the police procedural drama “Blue Bloods”, portraying Erin Reagan, an assistant district attorney and the daughter of Commissioner Frank Reagan, played by Tom Selleck.
Among her successful film credits are “Serendipity” (2001), “The Sum of All Fears” (2002), “The Recruit” (2003), “I, Robot” (2004), all of which performed well at the box office.
Andrew and Bridget’s love story
Bridget, despite being in the limelight, has successfully kept her relationship with Andrew private. The only known details are that they met after their friends set them up. In April 2015, the two became engaged in Puerto Rico, and in October celebrated their union at the Wölffer Estate Vineyard in Sagaponack, New York State, in an intimate ceremony attended by close family and friends. The element of surprise was woven into the occasion, as some guests were initially under the impression that they’re attending a harvest moon ceremony. Bridget shared the joy of her marriage on Instagram, posting a charming photo of her and Andrew in the vineyard.
Reflecting on her life with Andrew, Bridget offered insights into the kind of man he is, describing him as a genuinely solid and good human being without pretensions. Andrew’s easygoing nature made conversation effortless, creating a sense of familiarity as if they’d known each other for a lifetime. Bridget playfully remarked on his appreciation for her culinary skills, noting that even if she simply boiled water, he would react with enthusiasm. She emphasized Andrew’s sweetness, describing him as the nicest, kindest and most sensitive person she knows.
My dear dear friend @bridgetmoynahan got married to Andrew Frankel last night! And guess who married them? #sohappy pic.twitter.com/hQGEYZywrF
— Sam Harris (@SamHarris) October 18, 2015
In commemoration of their eighth anniversary in 2023, Bridget shared a heartfelt moment by posting a card given to her by Andrew adorned with a charming drawing of a boy and girl. The card bore the endearing message, ‘To the Woman I’m So Glad I Married.’ Clearly moved by both the gesture and the sweet sentiment behind it, Bridget took to the caption, expressing her emotions: ‘Oh… and marry a man that sends you cards like this on your anniversary.’
Andrewhas three sons from a previous relationship, while Bridget has a son named Jack from her past relationship with Tom Brady. They make it work and are a contented family.
Interesting Facts
Andrew and Bridget support the Hole in the Wall Gang Camp, a camp designed for children with life-threatening diseases. Proudly involved in the organization at his wife’s suggestion, he stated that he’s being truthful when he says that his wife made him a better person. Upon their marriage, instead of receiving gifts, they encouraged people to make donations to the organization.
Andrew shared a story about a walk Stuart had with his own father. They passed a chapel where a funeral mass was taking place, and upon returning 20 minutes later, people were leaving. His father warned him about the consequences of reckless behavior such as using drugs, emphasizing that life can be over in just 20 minutes. This powerful lesson left a lasting impression on Stuart, and he made sure to pass it on to Andrew and Jeffrey.
When the exchange reopened after the 9/11 tragedy, the Frankel family firm was the first on Wall Street. In a remarkable gesture of solidarity, they contacted every client, pledging to donate all earnings from each share of business given to them that day toward the survivors of the 9/11 tragedy.
Appearance
Andrew Frankel stands at a height of 6ft (183cms) and weighs about 165lbs (75kg). He has dark brown hair and deep brown eyes.
Net Worth
According to credible sources, as of March 2024, Andrew Frankel’s estimated net worth is $80 million.
