Alumni Spotlights

Robert Ingrasci Jr., BBA’08: Paving his career path with his Niagara connections

March 1, 2018 by Lisa McMahon, MA'09

Robert Ingrasci Jr., BBA’08, knew he’d be an accountant – he loved math, and an accounting class he took in high school convinced him that it was the ideal career for him.

And, growing up in the Deveaux section of Niagara Falls, within walking distance of Niagara University, he also knew he’d be an NU graduate like his father and uncle, both members of the Class of 1975, continuing the Ingrasci legacy on Monteagle Ridge.

So when he enrolled at Niagara as an accounting major, he was focused on taking advantage of all the opportunities available to him to prepare for his chosen career.

One of those opportunities was membership in Beta Alpha Psi. This international honorary organization connected Bob with professionals from a variety of firms who gave him insight into what a career in accounting would be like, and how to advance in the profession.

Bob also found the assistance he received from NU’s Career Services office to be invaluable in helping him get ready for the working world, especially the practice interviews.

One of Bob’s mock interviews was with Cory Van Deusen V, BBA’02, who was with Lumsden McCormick. Cory, who was also from Niagara Falls, became a mentor to Bob, and the two would frequently connect at university-sponsored networking events like the College of Business Administration’s Meet the Accountants and Finance Professionals Night.

“We built a relationship even before the process of on-campus recruitment began,” Bob says.

This relationship paid off. Lumsden McCormick was one of the first on-campus interviews Bob had, early in the fall semester of his senior year, and he was offered a job. He’s been with the company ever since, moving up the corporate ladder to his current role as principal in the tax department in less than a decade.

“I work with so many great people here at the firm (including Van Deusen, who is now a partner) and there are so many opportunities here at Lumsden,” he notes. “If you stay focused, work hard, and spend the time developing your expertise, the opportunities are there for you. It absolutely pays off.”

In his current role, Bob assists families with estate and trust planning, and takes special pleasure in helping them preserve their wealth for future generations as well as achieve their charitable goals.

“We assist clients in forming private charitable foundations and structure transactions in the most tax-efficient manner to maximize the transfer of wealth to future generations. You feel a great deal of accomplishment when the plan comes together, knowing that you have helped someone leave a legacy to multiple generations and to the community,” he says.

Despite a busy professional schedule, Bob also is committed to making a positive impact on his community. He serves on a variety of boards, including the board of associates of Mount St. Mary's Hospital in Lewiston, where he recently was appointed president. This role, in particular, is meaningful to him, because his mother served as president of the St. Francis Guild there, as well as on the board of directors.

“When the time came that I wanted to begin working with a charity, the hospital was close to my heart,” he explains. “(I wanted) to continue that legacy that she had started many years ago, when I was probably five or six years old.”

Bob also serves as chapter leader for the Western New York chapter of Niagara University’s Alumni Association.

“I was very excited when I was asked to step up into that position,” he says, because “it gets me back on campus, it allows me to interact with people that I haven’t seen in years, and it’s a great organization and a way to reconnect with people you don’t see very often.”

Bob also sits on the Boards of the Association for a Buffalo Presidential Center, the
Financial Planning Counselors of Western New York, and the professional advisor council of the Community Foundation for Greater Buffalo. He also volunteers with the Lower River Region Chamber of Commerce.

“It’s very time consuming, but it’s rewarding at the same time,” he says. “I’m very passionate about Niagara County and I’m proud to be from Niagara Falls, so I want to help and make a difference in my community.”