Nick Subich, a 2017 Lock Haven graduate has never forgotten the impact his alma mater had on his life. Now, as the owner of YTS Wealth Management, he is committed to giving back to the institution that helped shape his future.

Subich's passion for assisting students stems from his own Lock Haven experience in which he received critical financial assistance that allowed him to continue his education. With his recent gift to the Lock Haven University Foundation (LHUF) to establish the Subich Securities Industry Exam Professional Experience Grant (PEG), Subich is excited to provide Commonwealth University-Lock Haven students with resources to acquire their finance industry licenses before graduating, thus, ensuring their access to expanded professional opportunities upon entering the workforce.

Originally from Johnstown, where he played high school football, despite financial constraints, Subich enrolled at The Haven because of its affordability and the vision of then head football coach, John Allen. Initially a criminal justice major, he switched to business administration at his parents' recommendation to diversify his academic background. Shoulder injuries, and the offer of a full-ride scholarship eventually led him away from football and into Lock Haven's ROTC program during the spring semester of his freshman year.

By the time he was a senior, Subich was already earning over $60,000 annually. Hired as a human resources recruiter over 100 competing applicants while he was still a Lock Haven student, he quickly ascended to an administrative management position where he oversaw accounts payable, accounts receivable and IT management.

Throughout that time, mentors and supporters in the ROTC program also played a crucial role in his personal and professional development, equipping him with a wealth of discipline and leadership acumen. Upon graduating, he was commissioned as a second lieutenant in the U.S. Army National Guard and completed infantry training in Fort Benning, Georgia.

In 2018, just two months after completing infantry training, his retiring boss offered to sell him YTS Wealth Management, and he quickly seized the opportunity. Despite a challenging start, including a sub-500 credit score and six-figure debt, Subich's entrepreneurial spirit has proven that risk was worth the reward.

Under his leadership, YTS's revenue has soared from $300,000 in 2019 to a projected $13 million in 2024, with the company now managing over $1 billion in assets. During that span, he has grown the company from a three-person, 600 square-foot operation to more than 40 employees in nine locations across three states, including hiring 2023 Lock Haven graduate, Austin Barber, to be his executive assistant. Over the next five to 10 years, Subich intends to lead YTS to a multi-billion-dollar valuation-with at least $60 billion in assets managed and a minimum of $200 million in annual revenue.

Source: Commonwealth University of Pennsylvania